Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Stock-Based Compensation [Abstract]

Summary of Stock Option Activity

The following table summarizes stock option activity during the year ended December 31, 2022:

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

Options Outstanding and Exercisable

Options outstanding and exercisable at year‑end 2022 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		250,000		$	1.62				250,000	$	1.62
		250,000	3.13 years	$	1.62	$	–		250,000	$	1.62	$	–

Summary of Restricted Stock Unit Activity

A summary of restricted stock unit activity for the year ended December 31, 2022 is as follows:

	Restricted Stock Units (In thousands)			Weighted Average Grant Date Fair Value		Remaining Contractual Life (months)
Unvested at December 31, 2021		–			–		–
Granted during period		495,262		$	1.53		53
Vested during period		–			–		–
Forfeited or expired during period		(71,668	)		–		–
Unvested at December 31, 2022		423,594		$	1.53		43