Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.20.1
STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of net proceeds of the Offering
Gross Proceeds:      
Initial Closing   $ 6,065,000  
Second Closing     515,000  
Third Closing     634,000  
      7,214,000  
Offering Costs:        
Placement Agent fees     (721,400 )
Other offering costs     (382,878 )
Net Proceeds   $ 6,109,722  
Schedule of warrants to purchase common stock
Stock price   $ 2.50  
Risk-free interest rate     1.58-1.63 %
Volatility     38.50-39.57 %
Expected life in years     3-5  
Dividend yield     0.00 %