Note 5 - Equity Compensation and Employee Benefit Plans

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

NOTE

5

–

EQUITY COMPENSATION AND EMPLOYEE BENEFIT PLANS

The Company adopted the

2014

Omnibus Incentive Plan (the “Incentive Plan”) in

May 2014.

The Incentive Plan replaced the

2004

Equity Incentive Plan and provided for the granting of up to

500,000

shares of common stock through equity-based awards to directors, officers and other key employees and consultants. The First Amendment to the Incentive Plan was adopted in

May 2017,

which, among other things, increased the number of shares of common stock available for issuance under the Incentive Plan by an additional

500,000

shares. As of

June 30, 2018,

577,028

shares remain available under the Incentive Plan for the issuance of future equity-based compensation awards.