Stock-based Compensation (Tables)

3 Months Ended

Mar. 31, 2021

Stock-based Compensation [Abstract]

Summary of Stock Option Activity

The following table summarizes stock option activity during the three months ended March 31, 2021 and 2020:

	Three Months Ended March 31, 2021				Three Months Ended March 31, 2020
	Number Outstanding		Weighted Average Exercise Price		Number Outstanding			Weighted Average Exercise Price
Outstanding at beginning of period		450,000	$	1.62		455,000		$	1.67
Granted during period		-		-		-			-
Exercised during period		-		-		-			-
Forfeited or expired during period		-		-		(5,000	)		6.00
Outstanding at end of period		450,000	$	1.62		450,000		$	1.62
Exercisable at end of period		450,000	$	1.62		360,000		$	1.62

Options Outstanding and Exercisable

Options outstanding and exercisable at March 31, 2021 were as follows:

	Outstanding							Exercisable
Grant Date	Number Outstanding		Weighted Average Remaining Contractual Life	Weighted Average Exercise Price		Aggregate Intrinsic Value		Number Outstanding		Weighted Average Exercise Price		Aggregate Intrinsic Value
February 24, 2016		450,000	4.98 years	$	1.62				450,000	$	1.62
		450,000	4.98 years	$	1.62	$	157,500		450,000	$	1.62	$	157,500