Stock Incentive Plans

3 Months Ended

Mar. 31, 2021

Share-based Payment Arrangement [Abstract]

Stock Incentive Plans

Note 6 - Stock Incentive Plans

Stock Options

The following table summarizes stock option activity for the three months ended March 31, 2021.

	Options Outstanding
	Shares			Weighted Average Exercise Price
Outstanding, December 31, 2020		391,350		$	0.58
Options granted		—			—
Options expired / forfeited		(3,800	)		2.60
Outstanding, March 31, 2021		387,550			0.99
Exercisable, March 31, 2021		387,550		$	0.99

The following table summarizes additional information on stock options outstanding as of March 31, 2021.

	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
$0.98 - $1.00		383,500		2.07	$	0.98		383,500	$	0.98
$1.70		4,050		.77	$	1.70		4,050	$	1.70
Totals		387,550		2.06	$	0.99		387,550	$	0.99

During the three months ended March 31, 2021, the Company granted no stock options.

Total expense related to stock options was approximately $36,000 for the three months ended March 31, 2020. No stock- based compensation expense was recognized for the period ended March 31, 2021.

As of March 31, 2021, the Company had no unrecognized compensation expense related to unvested stock options.

As of March 31, 2021, the intrinsic value of stock options outstanding was zero.