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Stock Options (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Company's Stock Options Activity

A summary of the Company’s stock options activity for the 2003 and 2012 Plan is presented below:

 

 

 

Number

of Options

 

 

Weighted

Average

Exercise Price

($/option)

 

 

Aggregate

Intrinsic

Value ($)

 

Outstanding as of January 1, 2021

 

 

380,000

 

 

$

4.98

 

 

$

566,200

 

Granted

 

 

 

 

 

 

 

 

 

Exercised

 

 

(207,500

)

 

 

4.98

 

 

 

(309,175

)

Forfeited / Expired

 

 

 

 

 

 

 

 

 

Outstanding as of  December 31, 2021

 

 

172,500

 

 

$

4.98

 

 

$

257,025

 

Vested and expected to vest at December 31, 2021

 

 

172,500

 

 

$

4.98

 

 

 

257,025

 

Exercisable as of December 31, 2021

 

 

172,500

 

 

$

4.98

 

 

$

257,025

 

Summary of Company's Non-Vested Restricted Shares Activity

A summary of the Company’s non-vested restricted share activity for the 2012 plan is presented below:

 

 

 

Number

of Non-Vested

Restricted

Shares

 

 

Weighted

Average

Grant Date

Fair Value ($)

 

Non-vested as of January 1, 2021

 

 

1,963,000

 

 

$

8.25

 

Granted

 

 

 

 

 

 

Vested

 

 

(1,963,000

)

 

 

8.25

 

Forfeited

 

 

 

 

 

 

Non-vested as of  December 31, 2021

 

 

 

 

$

8.25

 

 

Summary of Company's Non-Vested Restricted Shares Activity

As of December 31, 2021

 

 

Exercise

Prices

($/option)

 

 

Number of

Options

Outstanding

 

 

Remaining

Average

Contractual

Life (years)

 

 

Average

Exercise Price

($/option)

 

 

Number

of Options

Exercisable

 

 

Remaining

Contractual

Life (years)

 

 

Average

Exercise Price

($/option)

 

 

$

4.98

 

 

 

172,500

 

 

 

1.33

 

 

 

4.98

 

 

 

172,500

 

 

$

1.33

 

 

$

4.98

 

 

 

 

 

 

 

172,500

 

 

 

1.33

 

 

 

4.98

 

 

 

172,500

 

 

 

1.33

 

 

 

4.98