Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2022

Stock-based Compensation [Abstract]

Summary of Stock Option Activity

The following table summarizes stock option activity during the nine months ended September 30, 2022 and 2021:

	September 30, 2022					September 30, 2021
	Number Outstanding			Weighted Average Exercise Price		Number Outstanding		Weighted Average Exercise Price
Outstanding at beginning of period		450,000		$	1.62		450,000	$	1.62
Granted during period		–			–		–		–
Exercised during period		–			–		–		–
Forfeited or expired during period		(200,000	)		–		–		–
Outstanding at end of period		250,000		$	1.62		450,000	$	1.62
Exercisable at end of period		250,000		$	1.62		450,000	$	1.62

Options Outstanding and Exercisable

Options outstanding and exercisable at September 30, 2022 were as follows:

Outstanding							Exercisable
Number Outstanding		Weighted Average Remaining Contractual Life	Weighted Average Exercise Price		Aggregate Intrinsic Value		Number Outstanding		Weighted Average Exercise Price		Aggregate Intrinsic Value
	250,000		$	1.62				250,000	$	1.62
	250,000	3.38 years	$	1.62	$	–		250,000	$	1.62	$	–