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Common Stock Options (Tables)
12 Months Ended
Dec. 31, 2020
Employee Stock Option [Member]  
Schedule of stock options activity

 

 

 

Options Outstanding

 

 

 

 

Number of
Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average Remaining
Contractual

Term  
(in years)

 

 

Aggregate
Intrinsic Value
(1)

 

 

 

Balance at January 1, 2019

 

 

 

125,000

 

 

$

3.78

 

 

 

8.1

 

 

 

 

 

Granted

 

 

 

0

 

 

  


 

 

 


 

 

 

 

 

Exercised

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Canceled/forfeited/expired

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2019

 

 

 

125,000

 

 

 

3.78

 

 

 

7.1

 

 

 

 

 

Granted

 

 

 

0

 

 

 


 

 

 


 

 

 

 

 

Exercised

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Canceled/forfeited/expired

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2020

 

 

 

125,000

 

 

$

3.78

 

 

 

6.1

 

 

 

 

 

Vested and exercisable as of December 31, 2020

 

 

 

115,000

 

 

 

 

 

 

 

 

 

 

$

118

 

 

 

(1)

The aggregate intrinsic value is calculated as approximately the difference between the weighted average exercise price of the underlying awards and the Company’s estimated current fair market value at December 31, 2020.

Director Stock Option [Member]  
Schedule of stock options activity

 

 

 

Options Outstanding

 

 

 

 

Number of
Shares

 

 

Weighted-
Average
Exercise
Price

 

 

Weighted-
Average Remaining
Contractual

Term

(in years)

 

 

Aggregate
Intrinsic Value (1)

 

 

 

Balance at January 1, 2019

 

 

 

207,500

 

 

$

4.62

 

 

 

4.4

 

 

 

 

 

Granted

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Canceled/forfeited/expired

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2019

 

 

 

207,500

 

 

 

4.62

 

 

 

3.4

 

 

 

 

 

Granted

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercised

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Canceled/forfeited/expired

 

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2020

 

 

 

207,500

 

 

$

4.62

 

 

 

2.4

 

 

 

 

 

Vested and exercisable as of December 31, 2020

 

 

 

207,500

 

 

 

 

 

 

 

 

 

 

$

40

 

 

(1) The aggregate intrinsic value is calculated as approximately the difference between the weighted average exercise price of the underlying awards and the Company’s estimated current fair market value at December 31, 2020.