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Stock Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

The following table summarizes stock option activity for the nine months ended September 30, 2020.

 

    Options Outstanding 
    Shares    Weighted Average Exercise Price 
Outstanding, December 31, 2019   4,071,333   $0.58 
Options granted        
Options expired / forfeited   (2,854,983)   0.50 
Outstanding, September 30, 2020   1,216,350    0.74 
Exercisable, September 30, 2020   1,216,350   $0.74 

Summary of Additional Information on Stock Options Outstanding

The following table summarizes additional information on stock options outstanding at September 30, 2020.

 

      Options Outstanding    Options Exercisable 
 Range of Exercise Prices    Number Outstanding    Weighted- Average Remaining Contractual Life (Years)    Weighted Average Exercise Price    Number Exercisable    Weighted Average Exercise Price 
$0.09 - $1.00    1,208,500    0.83   $0.73    1,208,500   $0.73 
$1.70    4,050    1.27   $1.70    4,050   $1.70 
$2.60    3,800    0.26   $2.60    3,800   $2.60 
                            
 Totals    1,216,350    0.83   $0.74    1,216,350   $0.74