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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Compensation [Abstract]  
Schedule of Stock-Based Compensation Plans

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, 2025   1,455,170   $   1.31   $
     -
    3.4 
Exercisable at January 1, 2025   1,434,958   $1.35   $
-
    3.4 
                     
Granted   
-
    
-
    
-
    
-
 
Exercised   90,000    0.98    
-
    
-
 
Forfeited   (111,000)   0.98    
-
    
-
 
Outstanding at June 30, 2025   967,170   $1.48   $
-
    2.0 
Exercisable at June 30, 2025   1,721,958   $1.29   $
            -
    2.9 

 

*The intrinsic value of the stock options at June 30, 2025 is the amount by which the market value of the Company’s common stock of $1.18 as of June 30, 2025 do not exceeds the average exercise price of the option.