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STOCKHOLDERS’ EQUITY (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
A summary of stock option activity under the 2011 Long-Term Incentive Plan as of September 30, 2021, and changes during the nine months ended September 30, 2021, are presented below:

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of September 30, 2021, and changes during the nine months ended September 30, 2021, are presented below:

 

   Stock
Options
   Weighted average
exercise price
   Weighted
average remaining
contractual term
   Aggregate
intrinsic value
 
Outstanding as of January 1, 2021   440,400   $6.58    5.80   $155 
Granted   236,667    3.31           
Exercised                  
Forfeited   (3,400)   12.00           
Outstanding as of September 30, 2021   673,667   $5.41    6.70   $117 
Exercisable as of September 30, 2021   437,000   $6.54    5.10   $115