SHAREBASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2022

SHAREBASED COMPENSATION

Summary Of Stock Option Activity

					Weighted-
			Weighted-		Average
	Number		Average		Remaining	Aggregate
	of		Exercise		Contractual	Intrinsic
	Options		Price		Term	Value
Outstanding at January 1, 2021		540,000	$	3.86	6.4 years
Granted		400,000	$	6.00
Outstanding at March 31, 2021		940,000	$	4.77	7.7 years	$	-
Exercisable at March 31, 2021		438,125	$	4.52	5.9 years	$	-
Outstanding at January 1, 2022		896,250	$	4.71	6.9 years	$	-
Outstanding at March 31, 2022		896,250	$	4.71	6.6 years	$	-
Exercisable at March 31, 2022		601,250	$	4.44	5.7 years	$	-

Estimated Fair Value Of Options Granted Using Black-scholes Option-pricing Model With Weighted-average Assumptions

	2021
Expected dividend yield		0	%
Expected volatility		31	%
Risk-free interest rate		0.92	%
Expected life (in years)		6.25
Per share grant date fair value of options issued	$	0.32

Activity Of Unvested Restricted Stock Awards

	Weighted-
	Number of			Weighted-
	Restricted			Average
	Stock			Grant Date
	Awards			Fair Value
Nonvested at January 1, 2022		15,000		$	6.80
Granted		32,000		$	6.80
Vested		(3,000	)	$	6.80
Nonvested at March 31, 2022		44,000		$	6.80