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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Stock-Based Compensation    
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

RSU activity during the six months ended June 30, 2021 is summarized as follows:

    

    

Weighted

Average

Number of

Grant Date

Shares

Fair Value

Unvested shares at January 1, 2021

 

54,300

$

6.11

Granted

 

36,550

 

11.01

Vested

 

(1,340)

 

11.30

Forfeited or surrendered

 

(2,400)

 

6.11

Unvested shares at June 30, 2021

 

87,110

 

8.09

Weighted

Average

Number of

Grant Date

    

Shares

    

Fair Value

Unvested shares at January 1, 2020

 

 

Granted

 

54,300

$

6.11

Vested

 

 

Forfeited or surrendered

 

 

Unvested shares at December 31, 2020

 

54,300

 

6.11

Share-based Payment Arrangement, Option, Activity [Table Text Block]

Stock option activity during the six months ended June 30, 2021 was as follows:

    

    

Weighted

Average

Exercise

Shares

Price

Outstanding at January 1, 2021

 

17,500

$

6.97

Granted

 

10,000

 

11.50

Exercised

 

(3,000)

 

9.23

Expired and forfeited

 

(1,000)

 

10.75

Outstanding at June 30, 2021

 

23,500

$

8.45

Exercisable at June 30, 2021

 

5,165

$

6.54

    

    

Weighted

Average

Exercise

Shares

Price

Outstanding at January 1, 2020

 

19,250

$

11.32

Granted

 

10,000

 

5.67

Exercised

 

 

Expired and forfeited

 

(11,750)

 

12.99

Outstanding at December 31, 2020

 

17,500

$

6.97

Exercisable at December 31, 2020

 

5,332

$

9.19

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

    

2021

    

2020

 

Dividend yield

 

 

Expected volatility

 

51.6

%  

40.3

%

Expected life of option (years)

 

10

 

10

Risk-free interest rate

 

0.5

%  

1.4

%

Fair value of each option on grant date

$

6.84

$

2.90

    

2020

    

2019

 

Dividend yield

 

0

 

0

Expected volatility

 

40.3

%  

37.5

%

Expected life of option (years)

 

10

 

5

Risk-free interest rate

 

1.4

%  

1.7

%

Fair value of each option on grant date

$

2.90

$

2.53