Note 7 - Stock Incentive Plan

6 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Text Block]

7.	Stock Incentive Plan

A summary of the status of the Company’s unvested shares as of

January 1, 2019,

and changes during the

six

month period ended

June 30, 2019,

are presented below:

Unvested Shares	Shares	Weighted-Average Grant-Date Fair Value
Unvested on January 1, 2019	175,585	1.27
Granted	-	-
Vested	-	-
Forfeited	-	-
Unvested on June 30, 2019	175,585	1.27

As of

June 30, 2019,

there was

$80,075

of total unrecognized compensation cost related to unvested share-based compensation arrangements granted. That cost is expected to be recognized over a weighted-average period of

0.82

years. For the

six

month periods ended

June 30, 2018

and

2019

the share based compensation recognized relating to the unvested shares was

$96,714

and

$49,564

respectively and is included within “Other general and administrative expenses” in the unaudited condensed consolidated statements of operations.