Quarterly report pursuant to Section 13 or 15(d)

Stock Option Plans (Tables)

v3.21.1
Stock Option Plans (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

A summary of stock option activity is as follows:

 

      Options     Weighted
average
exercise price
    Weighted
average
remaining
contractual
term in years
    Aggregate
intrinsic value
 
Outstanding January 1, 2020       202,246     $ 80.14       3.52     $ -  
Exercisable January 1, 2020       192,108     $ 81.32       3.26     $ -  
Canceled       -                          
Granted       -                          
Exercised       -                          
Expired       (35,741 )                        
Outstanding December 31, 2020       166,505     $ 85.81       3.14     $ -  
Exercisable December 31, 2020       166,536     $ 87.00       2.98     $ -  
Canceled       -                          
Granted       -                          
Exercised       -                          
Expired       (25,383 )                        
Outstanding March 31, 2021       141,122     $ 99.08       3.42     $ -  
Exercisable March 31, 2021       135,934     $ 100.89       3.27     $ -  
Schedule of Non-vested Shares Granted Under Stock Option Plan

A summary of the Company’s non-vested options for the three-months ended March 31, 2021, and year ended December 31, 2020, are presented below:

 

Non-vested as of January 1, 2020       10,138  
Granted       -  
Vested       (4,169 )
Canceled       -  
Non-vested as of December 31, 2020       5,969  
Granted       -  
Vested       (781 )
Canceled       -  
Non-vested as of March 31, 2021       5,188  
Schedule of Recognized Stock Based Compensation Expense

The Company recognized stock-based compensation expense related to options during the:

 

    Three-months ended March 31  
    2021     2020  
    Amount     Amount  
Service provider compensation   $ 10,625     $ 44,375  
Employee compensation     39,687       39,688  
Total   $ 50,312     $ 84,063