Annual report pursuant to Section 13 and 15(d)

Outstanding Warrants (Tables)

v3.19.1
Outstanding Warrants (Tables)
12 Months Ended
Dec. 31, 2018
Warrants and Rights Note Disclosure [Abstract]  
Schedule of fair values of warrants issued
The fair values of warrants issued during 2017 were estimated on the date of issuance using the Black-Scholes option pricing model with the following assumptions by year:
 
 
 
2017 Warrants
Expected life, in years
 
 
 5 years  
Risk-free interest rate
 
 
2.04
%
Volatility
 
 
38.1
%
Dividend yield
 
 
0.0
%