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Stock Options
 6 Months Ended
Jun. 30, 2023
Stock Options  
Stock Options

There were no stock options granted during the six months ended June 30, 2023 or 2022. Activity in the Company’s stock options is as follows:

 

 

 

Number of

Options

 

 

Weighted Average Exercise Prices

 

Balance December 31, 2021

 

 

507,175

 

 

$5.25

 

Granted

 

 

180,000

 

 

$5.21

 

Exercised quarter 1, 2022

 

 

(51,789)

 

$1.71

 

Exercised quarter 2, 2022

 

 

(42,859)

 

$1.71

 

Expired quarter 2, 2022

 

 

(7,143)

 

$1.96

 

Exercised in remainder of 2022

 

 

(21,430)

 

$4.31

 

Forfeited

 

 

(28,001)

 

$5.56

 

Balance December 31, 2022 and June 30, 2023

 

 

535,953

 

 

$5.47

 

Forfeited

 

 

(44,789)

 

$5.46

 

Outstanding and exercisable at June 30, 2023

 

 

491,164

 

 

$5.47

 

 

At June 30, 2023, outstanding stock options have a weighted average remaining term of approximately 1.31 years and have an intrinsic value of $21,810. There were no stock options exercised during the first six months of 2023.