EMPLOYEE EQUITY INCENTIVE PLAN (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| Employee Equity Incentive Plan Tables |
|
| Employee Equity Incentive Plan |
| Exercise |
|
Number of |
|
Vesting |
| Price |
|
Options |
|
Terms |
| $ |
0.50 |
|
|
|
80,000 |
|
|
Immediately |
| |
0.50 |
|
|
|
100,000 |
|
|
Quarterly over one year |
| |
0.50 |
|
|
|
605,000 |
|
|
Quarterly over two years |
| |
0.81 |
|
|
|
5,000 |
|
|
Immediately |
| |
0.82 |
|
|
|
150,000 |
|
|
Quarterly over two years |
| |
0.85 |
|
|
|
150,000 |
|
|
Quarterly over one year |
| |
0.87 |
|
|
|
125,000 |
|
|
Immediately |
| |
0.89 |
|
|
|
425,000 |
|
|
Monthly over one year |
| |
0.89 |
|
|
|
90,000 |
|
|
Quarterly over two years |
| |
0.95 |
|
|
|
400,000 |
|
|
Quarterly over two years |
| |
0.98 |
|
|
|
24,000 |
|
|
Monthly over two years |
| |
1.05 |
|
|
|
50,000 |
|
|
Immediately |
| |
1.05 |
|
|
|
95,000 |
|
|
Monthly over two years |
| |
1.05 |
|
|
|
60,000 |
|
|
Monthly over one year |
| |
1.06 |
|
|
|
60,000 |
|
|
Monthly over one year |
| |
1.07 |
|
|
|
110,000 |
|
|
Monthly over one year |
| |
1.07 |
|
|
|
325,000 |
|
|
Monthly over two years |
| |
0.83 |
|
|
|
2,854,000 |
|
|
|
|
| Employee stock option activity |
| Exercise |
|
Number of |
|
Remaining Life |
|
Number of |
| Price |
|
Options |
|
In Years |
|
Options Exerciseable |
| $ |
0.10 |
|
|
|
1,056,786 |
|
|
|
6.43 |
|
|
|
1,056,786 |
| $ |
0.50 |
|
|
|
689,631 |
|
|
|
7.74 |
|
|
|
689,631 |
| $ |
0.51 - 0.75 |
|
|
|
2,267,586 |
|
|
|
8.69 |
|
|
|
1,996,779 |
| $ |
0.76 - 1.00 |
|
|
|
9,734,403 |
|
|
|
8.70 |
|
|
|
9,233,070 |
| $ |
1.01 - 2.00 |
|
|
|
629,164 |
|
|
|
8.61 |
|
|
|
629,164 |
| |
|
|
|
|
14,377,570 |
|
|
|
|
|
|
|
13,605,430 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fair value of granted options |
| |
|
|
|
|
|
|
|
Weighted-Average |
|
|
|
|
| |
|
|
|
|
Weighted-Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Shares |
|
|
Exercise Price |
|
|
Contractual Term |
|
|
Intrinsic Value |
|
| Outstanding at December 31, 2015 |
|
|
5,625,000 |
|
|
$ |
0.59 |
|
|
|
9.30 |
|
|
$ |
61,875 |
|
| Grants |
|
|
9,958,031 |
|
|
|
0.78 |
|
|
|
9.84 |
|
|
|
|
|
| Exercised |
|
|
(636,780) |
|
|
|
0.50 |
|
|
|
8.80 |
|
|
|
|
|
| Forfeiture/Cancelled |
|
|
(122,093) |
|
|
|
0.55 |
|
|
|
8.80 |
|
|
|
|
|
| Outstanding at December 31, 2016 |
|
|
14,824,158 |
|
|
$ |
0.52 |
|
|
|
9.37 |
|
|
$ |
4,566,717 |
|
| Grants |
|
|
2,854,000 |
|
|
|
0.50 |
|
|
|
9.60 |
|
|
|
- |
|
| Exercised |
|
|
(522,428 |
) |
|
|
0.16 |
|
|
|
8.80 |
|
|
|
|
|
| Forfeiture/Canceled |
|
|
(3,048,967 |
) |
|
$ |
0.73 |
|
|
|
8.80 |
|
|
|
- |
|
| Outstanding at December 31, 2017 |
|
|
14,106,763 |
|
|
$ |
0.76 |
|
|
|
8.48 |
|
|
$ |
771,359 |
|
| Exercisable at December 31, 2017 |
|
|
13,605,430 |
|
|
$ |
0.76 |
|
|
|
8.50 |
|
|
$ |
646,109 |
|
|