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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of activity under the stock option plans
   2000 Plan   2010 Plan   2017 Plan   Weighted Average Exercise Price  

Aggregate Intrinsic
Value(1)

 
Outstanding at December 31, 2018   12,500    270,000    111,500   $6.37   $266,020 
Grants       26,000    25,000   $5.90      
Terminations       (26,000)   (3,000)  $6.05      
Exercises   (12,500)   (15,000)      $4.37      
Outstanding at December 31, 2019       255,000    133,500   $6.48   $(516,475)
Grants       7,000    37,000   $4.40      
Terminations       (8,000)   (4,000)  $5.53      
    Exercises              $      
Outstanding at June 30, 2020       254,000    166,500   $6.29   $(655,695)
Vested at June 30, 2020       165,500    10,000   $6.04   $(229,450)
Vested and expected to vest at                         
    June 30, 2020       254,000    166,500   $6.29   $(655,695)
Reserved for future grants           133,500           

 

(1)Intrinsic value is the difference between the fair market value as of the date indicated and as of the date of the option grant.
Schedule of additional information about the stock option plans
   Number of Shares   Weighted Average
Fair Value at Grant Date
   Weighted Average Exercise Price 
Non-vested stock options as of January 1, 2020   321,000   $3.49   $6.55 
Non-vested stock options as of June 30, 2020   245,000   $3.28   $6.47 
Stock options granted during the six-month period ended June 30, 2020   44,000   $2.03   $4.40 
Stock options that vested during the six-month period ended June 30, 2020   108,000   $3.43   $5.98 
Stock options that were forfeited during the six-month period ended June 30, 2020   12,000   $2.91   $5.53 
Schedule of fair value stock option grant using black-scholes option valuation model with the weighted-average assumptions
   During the
Three-Month
Period Ended
June 30,
2020
  During the
Three-Month
Period Ended
June 30,
2019
  During the
Six-Month
Period Ended
June 30,
2020
  During the
Six-Month
Period Ended
June 30,
2019
Risk-free interest rate  0.29%  1.81%  0.54%  2.20%
Dividend yield  0%  0%  0%  0%
Expected volatility  50%  52%  51%  52%
Expected life  4.8 years  6.5 years  5.6 years  5.3 years