Stock Options

Grant Date Weighted- Average Exercise Price

Weighted- Average Remaining Contractual Life (in Years)

Intrinsic Value

Outstanding at January 1, 2023

95,000

$

2.76

4.83

$

25,000

Granted

70,000

$

2.82

7.00

$

-

Forfeited

(19,000

)

$

2.69

-

$

-

Outstanding at September 30, 2023

146,000

$

2.80

5.51

$

-

Exercisable at September 30, 2023

38,000

$

2.86

3.35

$

-

Outstanding at January 1, 2022

67,000

$

2.72

3.33

$

-

Granted

50,000

$

2.72

5.00

$

-

Exercised

(2,000

)

$

2.70

-

$

-

Forfeited

(7,000

)

$

2.58

-

$

-

Outstanding at September 30, 2022

108,000

$

2.73

4.85

$

9,000

Exercisable at September 30, 2022

50,000

$

2.74

$

-