Securities Authorized for Issuance Under Equity Compensation Plans

3 Months Ended

Mar. 31, 2020

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

No stock compensation expense was incurred during the three months ended March 31, 2020 and 2019, and at March 31, 2020, there was no unrecognized compensation expense related to stock options.

No stock awards were issued during the three months ended March 31, 2020 and 2019.

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. At March 31, 2020, 10,000 of these shares remained unexercised. The remaining options were exercised on April 24, 2020.