XML 85 R62.htm IDEA: XBRL DOCUMENT v3.24.0.1
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Compensation [Abstract]  
Schedule of Non-Vested Restricted Share As of December 31, 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 
Vested   (16,665)
Non-vested share units as of December 31, 2023   
-
 
Non-vested share units as of April 11, 2023   
Granted   894,000 
Vested   (875,000)
Forfeited   (19,000)
Non-vested share units as of December 31, 2023   
-
 
Non-vested share units as of August 22, 2023   
Granted   40,000 
Vested   (20,000)
Forfeited   
-
 
Non-vested share units as of December 31, 2023   20,000 
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   1,650,086         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   (70,000)   0.98    
-
    5.8 
Outstanding at December 31, 2023   3,864,086   $1.39   $
-
    4.3 
Exercisable at December 31, 2023   549,958   $1.96   $
-
    3.7 
*The intrinsic value of the stock options at December 31, 2023 is the amount by which the market value of the Company’s common stock of $1.05 as of December 31, 2023 exceeds the average exercise price of the option. As of December 31, 2023, the intrinsic value of the outstanding and exercisable stock options was $nil.