XML 69 R58.htm IDEA: XBRL DOCUMENT v3.23.3
Share-Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2023
Share-Based Compensation [Abstract]  
Schedule of Non-Vested Restricted Share As of September 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 September 30, 2023   
-
 
Non-vested share units as of April 11, 2023    
Granted   894,000 
Vested   (443,000)
Forfeited   (8,000)
Non-vested share units as of September 30, 2023   443,000 
Non-vested share units as of August 22, 2023    
Granted   40,000 
Vested   
-
 
Forfeited   
-
 
Non-vested share units as of September 30, 2023   40,000 
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       2,284,000    0.97    
-
    5.8 
Exercised       
-
    
-
    
-
    
-
 
Forfeited   20,000    0.98    
-
    5.8 
Outstanding at September 30, 2023   4,464,044   $1.46   $
-
    4.5 
Exercisable at September 30, 2023   549,958   $1.96   $
-
    4.0 
* The intrinsic value of the stock options at September 30, 2023 is the amount by which the market value of the Company’s common stock of $0.82 as of September 30, 2023 exceed the average exercise price of the option. As of September 30, 2023, the intrinsic value of the outstanding and exercisable stock options was $nil.