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Note 8 - Equity (Tables)
6 Months Ended
Jun. 30, 2022
Stockholders Equity Note [Abstract]  
Summary of Stock-Based Award Activity

The following table summarizes the stock-based award activity under the Plan for the six months ended June 30, 2022 and 2021.

 

 

Restricted Stock Awards

 

 

Weighted-Average Grant Date
Fair Value Per Restricted Stock Award

 

Outstanding as of December 31, 2021

 

 

237,621

 

 

$

1.26

 

Granted

 

 

138,262

 

 

 

2.20

 

Vested

 

 

(172,580

)

 

 

0.75

 

Forfeitures

 

 

(10,923

)

 

 

2.43

 

Outstanding as of June 30, 2022

 

 

192,380

 

 

$

2.03

 

 

 

 

Restricted Stock Awards

 

 

Weighted-Average Grant Date
Fair Value Per Restricted Stock Award

 

Outstanding as of December 31, 2020

 

 

153,200

 

 

$

0.55

 

Granted

 

 

90,517

 

 

 

2.95

 

Vested

 

 

(30,172

)

 

 

2.95

 

Outstanding as of June 30, 2021

 

 

213,545

 

 

$

1.23

 

Summary of Option Awards

In connection with the completion of the Initial Mergers, the Company assumed option awards previously issued to directors and officers of MedAmerica. Details of these options for the six months ended June 30, 2022 and 2021 are presented in the tables below:

 

 

 

Number
of Shares
Underlying
Options

 

 

Weighted
Average Exercise
Price Per Share

 

 

Weighted
Average Fair
Value at
Grant Date

 

 

Weighted
Average Remaining
Contractual Life

 

 

Intrinsic
Value

 

Balance at December 31, 2021

 

 

70,000

 

 

$

7.71

 

 

$

 

 

 

0.76

 

 

$

 

Options granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2022

 

 

70,000

 

 

$

7.71

 

 

$

 

 

 

0.26

 

 

$

 

 

 

 

 

Number
of Shares
Underlying
Options

 

 

Weighted
Average Exercise
Price Per Share

 

 

Weighted
Average Fair
Value at
Grant Date

 

 

Weighted
Average Remaining
Contractual Life

 

 

Intrinsic
Value

 

Balance at December 31, 2020

 

 

70,000

 

 

$

7.71

 

 

$

 

 

 

1.76

 

 

$

 

Options granted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercised

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options expired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2021

 

 

70,000

 

 

$

7.71

 

 

$

 

 

 

1.26

 

 

$