EQUITY (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

A summary of the status of the Company’s stock option plans for the fiscal years ended December 31, 2023 and 2022 and changes during the years are presented below (in number of options):

	Number of Options			Average Exercise Price		Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding options at January 1, 2022		165,620		$	6.256		-	$	-0-
Options granted		-			-
Options canceled/forfeited		(7,200	)	$	6,530
Outstanding options at December 31, 2022		158,420		$	6.245	3.49 years		$	-0-
Options granted		-			-
Options exercised (1)		158,420			6.245
Options canceled/forfeited		-		$	-
Outstanding options at December 31, 2023		-		$	-		-	$	-0-
Vested Options:
December 31, 2023:		-		$	-		-	$	-0-
December 31, 2022:		115,025		$	6.138	3.49 years		$	-0-

(1) Cashless exercise of outstanding stock options. The option holders received 59,404 shares of common stock and surrendered 158,420 shares of common stock underlying the option in payment of the exercise price. The cashless exercise was based on the market price of the average of the closing trading price of the Issuer's common stock on the 5 trading days ending prior to the date of exercise.