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Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2021
Stock-based Compensation [Abstract]  
Summary of Stock Option Activity

The following table summarizes stock option activity during the six months ended June, 2021 and 2020:


   
Six Months Ended
June 30, 2021
   
Six Months Ended
June 30, 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 June 30, 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
 
4.65 years
 
$
1.62
           
450,000
   
$
1.62
       
     
450,000
 
4.65 years
 
$
1.62
   
$
481,500
     
450,000
   
$
1.62
   
$
481,500