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Note 10 - Stock Compensation Plans
9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Share-based Payment Arrangement [Text Block]

(10)

STOCK COMPENSATION PLANS

 

Non-vested grants at December 31, 2019

  488,500 

Granted – average weighted share price on grant date was $0.90

  40,000 

Vested – average weighted share price on vesting date was $0.68

  (72,000)

Forfeited

  (9,500)

Non-vested grants at September 30, 2020

  447,000 

 

For the three and nine months ended September 30, 2020, our stock compensation was $0.3 million and $0.9 million, respectively. For the three and nine months ended September 30, 2019, our stock-based compensation was $0.4 million and $1.4 million, respectively.

  

Non-vested RSU grants will vest as follows:

 

Vesting Year

 

RSUs Vesting

 

2020

    106,250  

2021

    306,750  

2022

    24,000  
2023     10,000  
      447,000  

  

The outstanding RSUs have a value of $0.3 million based on the September 30, 2020, closing stock price of $0.65.

 

At September 30, 2020 we had 1,379,650 RSUs available for future issuance.