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Equity Incentive Plan Grants (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Units Activity

The following table summarizes RSU activity for the six months ended June 30, 2022 and 2021.

Restricted Stock Units  Number of Units  

Weighted

Average Grant Date Fair Value

 
Non-vested units, January 1, 2022   164,655   $4.35 
Granted        
Vested   (30,796)   4.45 
Forfeited        
Non-vested units, June 30, 2022   133,859   $4.33 
           
Non-vested units, January 1, 2021   148,486   $5.44 
Granted        
Vested   (22,067)   5.46 
Forfeited        
Non-vested units, June 30, 2021   126,419   $5.44 
Schedule of Fair Value of Stock Options

Expected volatility   45.60%
Expected life (years)   10.00 
Risk-free interest rate   1.15%
Dividend yield   0.00%
Schedule of Stock Option Activity

The following table summarizes activity for stock options issued for the six months ended June 30, 2022 and 2021.

Common Stock Options  Shares   Weighted Ave Exercise Price   Weighted Ave Remaining Contractual Term (yrs)   Weighted Ave Grant Date Fair Value   Aggregate Intrinsic Value 
Outstanding, January 1, 2022   130,000   $3.38    9.04   $1.88   $49,400 
Exercisable, January 1, 2022      $       $   $ 
Granted                       
Exercised                    
Cancelled                    
Outstanding, June 30, 2022   130,000   $3.38    8.79   $1.88   $(249,600)
Exercisable, June 30, 2022      $       $   $ 
                          
Outstanding, January 1, 2021      $       $   $ 
Exercisable, January 1, 2021      $       $   $ 
Granted   130,000    3.38    10.00    1.88     
Exercised                    
Cancelled                    
Outstanding, June 30, 2021   130,000   $3.38    9.54   $1.88   $781,300 
Exercisable, June 30, 2021      $       $   $