ShareBased Employee Compensation (Tables)

12 Months Ended

Dec. 31, 2022

ShareBased Employee Compensation

Schedule Of Risk Free Interest Rates

	FY 2022			FY 2021
Expected Volatility		55.3	%		52.3	%
Expected Dividends		5.0	%		3.0	%
Expected Term (in years)		6.5			6.5
Risk-Free Rate		2.38	%		0.80	%
Estimated Forfeitures		0.0	%		0.0	%

Schedule Of Stock Option Activity

	Stock Options		Wgt. Avg. Exercise Price ($)  Per Share		Wgt. Avg. Remaining Contractual Life (Years)		Wgt Avg. Grant Date Fair Value ($) Per Share		Aggregate Intrinsic Value ($)
As of January 1, 2022
Outstanding		676,500		3.68		7.33		1.41		4,500
Vested		361,600		3.80		6.66		1.44		4,500
Nonvested		314,900		3.53		8.10		1.39		—
Period activity
Issued		430,000		2.41		—		0.80		—
Exercised		—		—		—		—		—
Forfeited		100,000		3.98		—		1.65		—
Expired		5,000		4.95		—		1.05		—
As of December 31, 2022
Outstanding		1,001,500		3.10		7.87		1.13		460,925
Vested		434,233		3.57		6.73		1.31		101,090
Nonvested		567,267		2.74		8.74		0.99		359,835

Schedule of non-vested restricted stock

	Number of Shares			Weighted Average Price per Share
Unvested at January 1, 2022		137,055		$	3.33
Granted		204,287		$	2.39
Vested and issued		(135,698	)	$	2.96
Cancelled/forfeited		---
Unvested at December 31, 2022		205,644		$	2.64

Schedule Of Options By Exercise Price Range

Outstanding:
Range of Exercise Prices ($) Per Share			Stock Options Outstanding		Wgt. Avg. Exercise Price ($) Per Share		Wgt. Avg. Remaining Contractual Life (Years)
	2.23	3.83		832,500		2.80		8.44
	4.07	5.10		169,000		4.54		5.06
				1,001,500		3.10		7.87
Exercisable:
Range of Exercise Prices ($) Per Share			Stock Options Exercisable			Wgt. Avg. Exercise Price ($) Per Share
	2.23	3.83		290,833		3.05
	4.07	5.10		143,400		4.62
				424,233		3.57