Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity for the three months ended Mach 31, 2023 and 2022:

 

                Weighted        
                Average        
          Weighted     Remaining        
          Average     Contractual     Aggregate  
    Number of     Exercise     Life     Intrinsic  
    Options     Price     (in Years)     Value  
Outstanding - January 1, 2023     33,063     $ 9.04       6.8     $         -  
Granted     -       -       -          
Exercised     -       -       -          
Forfeited     -       -       -          
Outstanding - March 31 2023     33,063     $ 9.04       6.5     $ -  
                                 
Exercisable at March 31, 2023     23,063     $ 11.14       5.7     $ -  

 

                Weighted        
                Average        
          Weighted     Remaining        
          Average     Contractual     Aggregate  
    Number of     Exercise     Life     Intrinsic  
    Options     Price     (in Years)     Value  
Outstanding - January 1, 2022     33,063     $ 9.04       7.8     $ -  
Granted     -       -       -          
Exercised     -       -       -          
Forfeited     -       -       -                  
Outstanding - March 31 2022     33,063     $ 9.04       7.5     $ -  
                                 
Exercisable at March 31, 2022     18,063     $ 13.06       6.1     $ -  
Schedule of Restricted Stock Unit Activity

As of March 31, 2023 and 2022, the following is a summary of restricted stock unit activity:

 

    Number of  
    Shares  
Outstanding - January 1, 2023     69,114  
Granted     -  
Forfeited     -  
Vested     -  
Outstanding – March 31, 2023     69,114  

 

    Number of  
    Shares  
Outstanding - January 1, 2022     79,763  
Granted     -  
Forfeited     -  
Vested     -  
Outstanding – March 31, 2022     79,763