Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Summary of stock option activity

The following table summarizes stock option activity for the nine-month periods ended September 30, 2020 and 2019:

	Stock Options	Grant Date Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (in Years)	Intrinsic Value
Outstanding at January 1, 2020	450,000	$	2.78	2.44	$	27,000
Granted	10,000	$	1.88	7.00	$	—
Forfeited	(40,000)	$	2.58	—	$	—
Outstanding at September 30, 2020	420,000	$	2.78	1.86	$	—
Exercisable at September 30, 2020	403,000	$	2.80	1.69	$	—
Outstanding at January 1, 2019	613,000	$	2.85	3.18	$	—
Granted	18,000	$	2.91	7.00	$	—
Exercised	(16,000)	$	2.59	—	$	—
Forfeited	(12,000)	$	3.05	—	$	—
Outstanding at September 30, 2019	603,000	$	2.86	2.09	$	42,000
Exercisable at September 30, 2019	478,000	$	2.86	1.97	$	—