STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2021

STOCK-BASED COMPENSATION

Schedule of share-based compensation stock options

The following is a summary of the changes in outstanding options during the nine-month period ended September 30, 2021:

		Weighted		Weighted average
		average		remaining	Aggregate
		exercise		contractual life	Intrinsic
	Option shares	price		(years)	Value
Outstanding, January 1, 2021	200,878	$	6.59	4.1	$	85,663
Granted	—		—	—		—
Exercised	—		—	—		—
Forfeited	6,180		7.61	—		—
Expired	16,199		4.37	—		—
Outstanding, September 30, 2021	178,499	$	6.76	3.7	$	83,910
Vested, September 30, 2021	175,831	$	6.73	3.6	$	83,910

Schedule of share-based compensation arrangement by share-based payment award and options vested and expected to vest

		Weighted
		average grant-
	Option shares	date fair value
Non-vested options, January 1, 2021	5,334	$	4.60
Granted	—		—
Vested	(2,666)		4.60
Forfeited	—		—
Non-vested options, September 30, 2021	2,668	$	4.60