XML 131 R28.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Stock Options (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Options Outstanding

Information with respect to options outstanding is summarized as follows:

Schedule of Options Outstanding

		Options Outstanding				Weighted- Average Exercise Price				Aggregate Intrinsic Value
Outstanding as of December 31, 2020			1,995,000			$	1.00			$	1,995,000
Granted - under the Plan			25,000
Exercised			-
Cancelled			(1,072,816	)
Outstanding as of December 31, 2021			947,184			$	1.00			$	947,184
Granted - under the Plan			577,000
Exercised			(7,500	)
Cancelled			(485,684	)
Outstanding as of December 31, 2022			1,031,000			$	1.00			$	1,031,000
Options exercisable as of December 31, 2022			567,581			$	1.00			$	567,581

Schedule of Fair Value of Stock Options

The fair value of the Company’s previous stock options was estimated assuming no expected dividends and the following weighted average assumptions:

Schedule of Fair Value of Stock Options

		2022				2021
Expected life in years			5.89				6.08
Risk-free interest rate			0.55	%			0.49	%
Expected dividend yield			0.00	%			0.00	%
Expected volatility			32	%			60	%

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-SubTopic 10
-Topic 820
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration