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Note 7 - Equity (Tables)
3 Months Ended
Mar. 31, 2021
Stockholders Equity Note [Abstract]  
Summary of Stock-Based Award Activity

The following table summarizes the stock-based award activity under the Plan for the year three months ended March 31, 2021. There was no activity during the three months ended March 31, 2020.

 

 

Restricted Stock Awards

 

 

Weighted-Average Grant Date

Fair Value Per Restricted Stock Award

 

Outstanding as of December 31, 2020

 

 

153,200

 

 

$

0.55

 

Granted

 

 

-

 

 

 

-

 

Outstanding as of March 31, 2021

 

 

153,200

 

 

$

0.55

 

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 three months ended March 31, 2021 and 2020 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, 2020

 

 

70,000

 

 

$

7.71

 

 

$

-

 

 

 

1.76

 

 

$

-

 

Options granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Options exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Options expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance at March 31, 2021

 

 

70,000

 

 

$

7.71

 

 

$

-

 

 

 

1.51

 

 

$

-

 

 

 

 

 

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, 2019

 

 

70,000

 

 

$

7.71

 

 

$

-

 

 

 

2.76

 

 

$

-

 

Options granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Options exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Options expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance at March 31, 2020

 

 

70,000

 

 

$

7.71

 

 

$

-

 

 

 

2.51

 

 

$

-