XML 65 R54.htm IDEA: XBRL DOCUMENT v3.23.2
Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Compensation [Abstract]  
Schedule of Non-Vested Restricted Share As of June 30, 2023, non-vested restricted share units granted on October 23, 2020 are as follows:
Non-vested share units as of January 1, 2023   16,665 
Granted   
-
 
Vested   (16,665)
Non-vested share units as of June 30, 2023   
-
 
Non-vested share units as of April 11, 2023    
Granted   3,018,000 
Vested   (443,000)
Forfeited   (28,000)
Non-vested share units as of June 30, 2023   2,547,000 
Schedule of Stock Option Activity Stock option activity under the Company’s stock-based compensation plans is shown below:
   Number of
Shares
   Average
Exercise Price
per Share
   Aggregate
Intrinsic
Value*
   Weighted Average
Remaining
Contractual
Term in Years
 
                 
Outstanding at January 1, 2023      2,200,044   $1.96   $
             -
    4.7 
Exercisable at January 1, 2023       549,958    1.96   $
-
    4.7 
                               
Granted       
-
    
-
    
-
    
-
 
Exercised       
-
    
-
    
-
    
-
 
Forfeited   
-
    
-
    
-
    
-
 
Outstanding at June 30, 2023   2,200,044   $1.96   $
-
    4.3 
Exercisable at June 30 2023   549,958   $1.96   $
-
    4.3 
*The intrinsic value of the stock options at June 30, 2023 is the amount by which the market value of the Company’s common stock of $1.22 as of June 30, 2023 exceed the average exercise price of the option. As of June 30, 2023, the intrinsic value of the outstanding and exercisable stock options was $nil.