Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2020

The following is a summary of the warrant activity for the three months ended March 31, 2020:

	Number of Warrants		Average Exercise Price		Weighted Average Remaining Contractual Term in Years

Outstanding at January 1, 2020		171,667	$	13.55		0.92
Exercisable at January 1, 2020		171,667	$	13.55		0.92
Granted		-		-		-
Exercised / surrendered		-		-		-
Expired		-		-		-
Outstanding at March 31, 2020		171,667	$	13.55		0.67
Exercisable at March 31, 2020		171,667	$	13.55		0.67

Stock option activity under the Company’s stock-based compensation plans is shown below:

	Number of Shares		Average Exercise Price per Share		Aggregate Intrinsic Value⁽¹⁾		Weighted Average Remaining Contractual Term in Years

Outstanding at January 1, 2020		340,500	$	5.97	$	-		3.33
Exercisable at January 1, 2020		292,000		6.48	$	-		3.08

Granted		-		-		-		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Outstanding at March 31, 2020		340,500	$	5.97	$	-		3.08
Exercisable at March 31, 2020		310,500	$	6.27	$	-		2.94