Securities Authorized for Issuance Under Equity Compensation Plans

6 Months Ended

Jun. 30, 2019

Securities Authorized for Issuance Under Equity Compensation Plans [Abstract]

SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

11. SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

Stock compensation expense during the three and six months ended June 30, 2019 and 2018 was $13,260 and $13,870, respectively, all of which relates to the shares of Company common stock issued to the Company's non-employee directors as part of their compensation for service on the Board of Directors. At June 30, 2019, there was no unrecognized compensation expense related to stock options.

In 2010, the Company granted, under its 2008 Non-Qualified Stock Option Plan, stock options to purchase 20,000 shares of its common stock at an exercise price per share of $2.07 that remained outstanding at June 30, 2019. The stock options expire on April 25, 2020.