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12. Options
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [Abstract]  
Options

Note 12 – Options

 

Options Granted

No options were granted during the nine months ended September 30, 2019 and 2018.

 

The Company recognized a total of $83,705, and $185,035 of compensation expense during the nine months ended September 30, 2019 and 2018, respectively, related to common stock options issued to Employees and Directors that are being amortized over the implied service term, or vesting period, of the options. The remaining unamortized balance of these options is $44,079 as of September 30, 2019.

 

Options Exercised

No options were exercised during the nine months ended September 30, 2019 and 2018.

 

Options Forfeited

A total of 137,000 options expired and were forfeited during the nine months ended September 30, 2019. A total of 22,000 options were forfeited during the nine months ended September 30, 2018.