Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Details)

v3.20.2
STOCKHOLDERS' EQUITY (Details) - USD ($)
9 Months Ended
Aug. 21, 2020
Jul. 02, 2020
Jun. 17, 2020
Mar. 17, 2020
Mar. 04, 2020
Jun. 12, 2019
Apr. 22, 2019
Mar. 14, 2019
Sep. 30, 2020
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Treasury stock (in shares)                 3,412,378 3,412,378
Treasury stock, at cost                 $ 5,353,019 $ 5,353,019
Compensation expense                 $ 593,361  
Compensation expense recognition period                 2 years 3 months 18 days  
Number of shares approved (in shares)       115,200            
Strike price (in dollars per share) $ 0.785     $ 0.81            
Tranche One                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Award vesting percentage       33.33%            
Tranche Two                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Award vesting percentage       33.33%            
Tranche Three                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Award vesting percentage       33.33%            
Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Units outstanding (in shares)                 275,203  
Number of shares granted (shares) 92,934   270,966              
Award vesting percentage 50.00%   50.00%              
Unrecognized compensation cost $ 72,953   $ 252,000              
Performance Shares                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Units outstanding (in shares)                 252,701  
Employee Stock Option                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Stock options outstanding (in shares)                 934,700  
Compensation expense $ 233,111 $ 79,431   $ 40,280            
Award vesting period 3 years 3 years   3 years            
Expiration period 4 years     4 years            
2019 EIP                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Performance goal weight             25.00%      
2019 LTIP | Tranche One                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Percentage of award covered by metric             33.00%      
2019 LTIP | Tranche Two                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Percentage of award covered by metric             67.00%      
2019 LTIP | Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares)           183,942   85,000    
Award vesting percentage           50.00%        
Award vesting period               5 years    
Unrecognized compensation cost           $ 252,000   $ 149,600    
Executive Officer | 2019 EIP                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
One-time executive bonus         $ 828,787          
Executive Officer | 2014 EIP                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
One-time executive bonus (in shares)         343,748          
Executive Officer | 2017 LTIP                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
One-time executive bonus (in shares)         16,689          
Chief Financial Officer | 2019 LTIP | Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares)             66,213      
Chief Business Development Officer | 2019 LTIP | Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares)             51,646      
Vice President of Operations | 2019 LTIP | Tranche One                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares) 630,000 100,000                
Vice President of Operations | 2019 LTIP | Tranche Two                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares)   0.8439                
Vice President of Operations | 2019 LTIP | Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares)             35,313      
Vice President of Product Development | 2019 LTIP | Restricted Stock Units                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted (shares)             24,862