Share-based Compensation

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Share-based Compensation

Share-based compensation (including restricted stock awards) represents both stock options based expense and stock grant expense. The following table sets forth the composition of stock compensation expense included in general and administrative expense for the periods then ended:

	THREE MONTHS ENDED				NINE MONTHS ENDED
	SEPTEMBER 30				SEPTEMBER 30
	2020		2019		2020		2019
	(Unaudited)
Restricted stock compensation expense	$	133,266	$	91,826	$	570,693	$	289,426
Non-qualified option stock compensation expense		26,790		71,625		80,231		247,402
Total share-based compensation before taxes	$	160,056	$	163,451	$	650,924	$	536,828

At September 30, 2020, the Company had approximately $584,082 of total unrecognized share-based compensation expense, net of estimated forfeitures, related to share-based compensation that will be recognized over the weighted average remaining period of 1.0 year.