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Note 9 - Stock Incentive Plan
 9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Share-based Payment Arrangement [Text Block]
9.
Stock Incentive Plan
 
A summary of the status of the Company's unvested shares as of
January 1, 2020,
and changes during the
nine
-month period ended
September 30, 2020,
are presented below:
 
             
Unvested Shares   Shares     Weighted-Average Grant-Date Fair Value  
Unvested on January 1, 2020    
23,304
      
6.77
  
Granted    
-
      
-
  
Vested    
(7,729
 )    
8.56
  
Forfeited    
-
      
-
  
Unvested on September 30, 2020    
15,575
      
5.88
  
 
As of
September 30, 2020,
there was
$49,575
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
0.4
years. For the
nine
-month periods ended
September 30, 2019
and
2020
the share based compensation recognized relating to the unvested shares was
$72,404
and
$91,546,
respectively, and is included within “General and administrative expenses” in the unaudited condensed consolidated statements of operations.