Based Compensation

9 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

Based Compensation

Note 8. Stock–Based Compensation

Issuance of restricted common stock – directors, officers and employees

The Company’s activity in restricted common stock was as follows for the nine months ended September 30, 2021:

	Number of shares			Weighted average grant date fair value
Non–vested at December 31, 2020		33,333		$	0.04
Granted		-		$	-
Vested		(33,333	)	$	0.04
Non–vested at September 30, 2021		-		$	-

For the three months ended September 30, 2021 and 2020, the Company has recorded $0 and $1, in employee and director stock–based compensation expense, which is a component of general and administrative expenses in the consolidated statement of operations.

For the nine months ended September 30, 2021 and 2020, the Company has recorded $0 and $222, in employee and director stock–based compensation expense, which is a component of general and administrative expenses in the consolidated statement of operations.

As of September 30, 2021, there were no unamortized stock-based compensation costs related to restricted share arrangements.

Stock options

Under the terms of the stock option agreement, all options expired on January 31, 2020. As of September 30, 2021, there are no outstanding or exercisable stock options.