Options (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Fair Value of Stock Options

The following table summarizes the assumptions used to estimate the fair value of the stock options granted during 2019 and 2018:

 

    2019       2018  
Expected Volatility     39%-48 %       37%-39 %
Risk Free Interest Rate     2.62%-2.71 %       2.84 %
Expected life of options     6.25 – 10.0         5 – 5.5  
Schedule of Stock Option Activity

The following Table represents option activity for the period ending December 31, 2019 and 2018:

 

    Number of Options     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life in Years     Aggregate Intrinsic Value  
Outstanding - December 31, 2017     0     $ -                  
Granted     6,240,000     $ 1.17                  
Vested     3,120,000                          
Outstanding - December 31, 2018     6,240,000     $ 1.17       9.86          
Exercisable - December 31, 2018     3,120,000     $ 0.33       9.86     $ 5,210,400  
Granted     705,000     $ 2.00                  
Forfeited     (3,135,000 )   $ 0.00                  
Vested     3,120,000                          
Outstanding - December 31, 2019     3,810,000     $ 2.00       8.86          
Exercisable - December 31, 2019     3,120,000     $ 2.00       8.86     $ -