Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.3
Stock-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity for the nine months ended September 30, 2023 and 2022:

 

    Number of Options     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life
(in Years)		     Aggregate Intrinsic
Value		  
Outstanding - January 1, 2023     33,063     $ 9.04       6.8     $ -  
Granted     -       -       -          
Exercised     -       -       -          
Forfeited     -       -       -          
Outstanding - September 30, 2023     33,063     $ 9.04       6.0     $        -  
                                 
Exercisable at September 30, 2023     28,063     $ 9.91       5.7     $ -  

 

    Number of Options     Weighted Average Exercise Price     Weighted Average Remaining Contractual Life
(in Years)		     Aggregate Intrinsic
Value		  
Outstanding - January 1, 2022     33,063     $ 9.04       7.8     $ -  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Outstanding - September 30, 2022     33,063     $ 9.04       7.0     $          -  
                                 
Exercisable at September 30, 2022     23,063     $ 11.14       6.3     $ -  
Schedule of Restricted Stock Unit Activity

As of September 30, 2023 and 2022, the following is a summary of restricted stock unit activity:

 

    Number of
Shares		  
Outstanding - January 1, 2023  

 

 69,114  
Granted     117,334  
Forfeited     -  
Vested     (69,114 )
Outstanding – September 30, 2023     117,334  

 

 

    Number of
Shares		  
Outstanding - January 1, 2022     79,763  
Granted     170,937  
Forfeited     (13,823 )
Vested     (167,763 )
Outstanding – September 30, 2022     69,114