Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Stock-Based Compensation [Abstract]

Summary of Stock Option Activity

The following table summarizes stock option activity during the years ended December 31, 2021 and 2020:

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

Options Outstanding and Exercisable

Options outstanding and exercisable at year‑end 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	4.15 years	$	1.62				450,000	$	1.62
		-	4.15 years	$	1.62	$	-		450,000	$	1.62	$	-