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Stock Options (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Options Granted and Outstanding

A summary of options granted and outstanding is presented below:

 

   June 30, 2022 
   Shares  

Weighted

Average

Exercise

Price

 
Outstanding at beginning of period   1,137,479   $5.18 
Options granted   267,500    1.21 
Outstanding at end of period   1,404,979   $4.42 
           
Exercisable at end of period   1,070,910   $4.55 

Schedule of Options Outstanding

The following table summarizes information about options outstanding at June 30, 2022:

 

Exercise

Prices

  

Shares

Outstanding

  

Weighted Average

Remaining

Contractual Life

  

Shares

Exercisable

 
$1.21    267,500    4.80    103,946 
$1.75    97,143   $.75    97,143 
$2.80    155,714   $1.00    155,714 
$4.38    344,286   $2.75    332,624 
$7.00    540,336   $3.75    388,483