Stock Options and Award Programs (Tables)

12 Months Ended

Dec. 31, 2022

Stock Options and Award Programs

Nonvested restricted stock shares activity

	2022		2021
NON-VESTED AWARDS
Non-vested awards outstanding, January 1,		121,316		173,748
Granted (+)		163,903		83,326
Cancelled (-)		5,000		-
Vested (-)		91,316		135,758
Non-vested awards outstanding, December 31,		188,903		121,316
Weighted-average remaining contractual life (in years)		0.7		0.9
Unamortized RSA compensation expense	$	280,440	$	338,263
Aggregate intrinsic value of RSAs non-vested, December 31	$	343,822	$	476,772
Aggregate intrinsic value of RSAs vested, December 31	$	346,694	$	1,388,903

Schedule of nonvested share activity

	2022				2021
			Weighted				Weighted
			Average				Average
			Grant Date				Grant Date
NON-VESTED AWARDS	Shares		Fair Value		Shares		Fair Value
Non-vested balances, January 1,		25,000	$	3.98		52,500	$	3.93
Vested/Exercised (-)		-		-		27,500	$	0.00
Non-vested balances, December 31,		25,000	$	3.98		25,000	$	3.98

Schedule of stock option activity

	2022				2021
			Weighted				Weighted
			Average				Average
OUTSTANDING AND EXERCISABLE AWARDS	Shares		Exercise Price		Shares		Exercise Price
Awards outstanding, January 1,		140,000	$	5.79		187,334	$	5.66
Cancelled (-)		5,000	$	4.40		834	$	4.60
Expired (-)		127,500	$	5.89		5,000	$	13.04
Exercised (-)		-		-		41,500	$	4.38
Awards outstanding, December 31,		7,500	$	4.90		140,000	$	3.54
Awards vested and expected to vest,
December 31,		7,500	$	4.90		140,000	$	5.79
Awards outstanding and exercisable,
December 31,		7,500	$	4.90		115,000	$	5.63

Weighted-average remaining life, share-based compensation

			Vested and		Outstanding
			Expected to		and
	Outstanding		Vest		Exercisable
Weighted-average remaining contractual life (in years)		0.65		0.65		0.65
Aggregate intrinsic value	$	-	$	-	$	-

Schedule of employee service share-based compensation

	YEAR ENDED DECEMBER 31, 2022 Shared-Based Compensation Expense						YEAR ENDED DECEMBER 31, 2021 Shared-Based Compensation Expense
	Employees		Directors		Total		Employees		Directors		Total
Restricted share-based compensation expense	$	265,704	$	262,878	$	528,582	$	539,658	$	264,534	$	804,192
Non-qualified option share-based compensation expense		-		-		-		79,571		-		79,571
Total share-based compensation before taxes	$	265,704	$	262,878	$	528,582	$	619,229	$	264,534	$	883,763