Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.19.1
STOCK BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2019
Options Granted to Employees [Member]  
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]
    No. of     Fair Value at  
    Options Exercise   Grant Expiration
    Granted Price Vesting Period ( in thousands ) Period
 


Employees



55,500



$5.07
Quarterly over a
period of 2 years
commencing in July
2019



$207



10 years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  During the Period from
  January 1, 2019 to
  March 31, 2019
Value of one common share $5.07
Dividend yield 0%
Expected stock price volatility 91.25%
Risk free interest rate 2.47%
Expected term (years) 5.56
Options Granted to Non- Employees [Member]  
Schedule of Share-based Compensation, Stock Options Granted to Consultants [Table Text Block]
    No. of     Fair Value at  
    Options Exercise   Grant Expiration
    Granted Price Vesting Period ( in thousands ) Period
 


Non-employees



5,000



$5.07
20% immediately and
the rest over a period
of 4 year on an annual
basis



$22



10 years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  During the Period from
  January 1, 2019 to
  March 31, 2019
Value of one common share $5.07
Dividend yield 0%
Expected stock price volatility 91.77%
Risk free interest rate 2.62%
Expected term (years) 10
Options Granted to employees of Masthercell Global for the purchase of shares in Masthercell Global [Member]  
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]
    No. of     Fair Value at  
    Options Exercise   Grant Expiration
    Granted Price Vesting Period ( in thousands ) Period
 


Employee



80,776



$13.52
Over 5 years.
Approximately 20%
of the options are
performance based.



$651



10 years
 


Employee



16,667



$13.52
Over 5 years.
Approximately 56%
of the options are
performance based.



$134



10 years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
  December 1, 2018 to
  March 31, 2019
Value of one common share $12.28
Dividend yield 0%
Expected stock price volatility 69%
Risk free interest rate 2.78%
Expected term (years) 7