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Note 6 - Share-based Compensation (Details Textual) - USD ($)
12 Months Ended
Nov. 09, 2021
Nov. 01, 2021
Aug. 24, 2021
Mar. 22, 2021
Jan. 21, 2021
Jan. 08, 2021
Jan. 04, 2021
Dec. 31, 2021
Dec. 31, 2020
Apr. 16, 2021
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)               4,774,215 4,638,390   3,860,390
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)               870,825 [1] 913,000    
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)               $ 5.11 [1] $ 5.24    
Share-based Payment Arrangement, Expense               $ 1,784,102 $ 1,651,893    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in shares)               735,000 [2] 135,000    
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in dollars per share)               $ 1.67 [2] $ 1.89    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)               $ 2.49 $ 2.09    
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value               $ 1,729,850 $ 481,139    
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount               $ 856,982 $ 477,232    
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)               3 years 25 days 2 years 10 months 2 days    
Range 1 [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in shares)               500,000      
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in dollars per share)               $ 1.67      
Range 2 [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)               150,000      
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)               $ 1.63      
Range 3 [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)               60,000      
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)               $ 1.93      
Range 4 [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)               25,000      
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)               $ 1.39      
Executives and Key Personnel [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)             417,500        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)             $ 5.16        
Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period (Year)             1 year        
Director [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)           35,000 227,500        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)           $ 5.50 $ 5.16        
Employees [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)             23,325        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)             $ 5.16        
Consultant [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)   25,000 25,000 30,000 7,500   5,000        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)   $ 4.14 $ 4.96 $ 6.87 $ 5.65   $ 5.16        
A New Executive [Member]                      
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share) $ 4.10                    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) 75,000                    
Share-based Payment Arrangement, Expense               $ 0      
Share-based Payment Arrangement, Option [Member] | Director [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)           1 year 1 year        
Share-based Payment Arrangement, Option [Member] | Employees [Member] | Minimum [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)             4 years        
Share-based Payment Arrangement, Option [Member] | Consultant [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)   1 year 1 year 1 year 1 year   1 year        
Share-based Payment Arrangement, Option [Member] | Share-based Compensation Award Tranche Two through Five [Member] | Executives and Key Personnel [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)             4 years        
Performance Award [Member]                      
Share-based Payment Arrangement, Expense               $ 0 $ 0    
The 2011 Plan [Member]                      
Common Stock, Capital Shares Reserved for Future Issuance (in shares)                   3,000,000  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)               4,774,215 4,638,390    
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)               4,263,386 2,134,211    
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)               10 years      
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche One [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)               1 year      
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche One [Member] | Contractor [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Year)               1 year      
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche One [Member] | Chief Executive Officer [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Year)               5 years      
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche Two [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)               3 years      
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche Two [Member] | Contractor [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Year)               3 years      
The 2011 Plan [Member] | Share-based Payment Arrangement, Option [Member] | Share-based Payment Arrangement, Tranche Two [Member] | Chief Executive Officer [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Year)               10 years      
[1] Represents the following stock options granted: • Annual share-based compensation awards on January 4, 2021, including: (a) 417,500 stock options with an exercise price of $5.16 per share granted to executives and key personnel, upon one year anniversary, or vesting annually in equal installments over four years, (b) 227,500 stock options with an exercise price of $5.16 per share granted to members of the Board of Directors, vesting upon one year anniversary, (c) 23,325 stock options with an exercise price of $5.16 per share granted to employees, vesting annually in equal installments over four years and (d) 5,000 stock options with an exercise price of $5.16 per share granted to a consultant, vesting upon one year anniversary. • One-time award on January 8, 2021, 35,000 stock options with an exercise price of $5.50 per share granted to a new member of the Board of Directors, vesting in one year from the grant date. • One-time award on January 21, 2021, 7,500 stock options with an exercise price of $5.65 per share granted to a consultant, vesting in one year from the grant date. • One-time award on March 22, 2021, 30,000 stock options with an exercise price of $6.87 per share granted to a consultant, vesting in one year from the grant date. • One-time award on August 24, 2021, 25,000 stock options with an exercise price of $4.96 per share granted to a consultant, vesting in one year from the grant date. • One-time award on November 1, 2021, 25,000 stock options with an exercise price of $4.14 per share granted to a consultant, vesting in one year from the grant date. • One-time award on November 9, 2021, 75,000 performance-based stock options with an exercise price of $4.10 per share granted to a new executive, vesting upon the achievement of specific performance conditions. As of December 31, 2021. the Company believes that the achievement of the requisite performance conditions is not probable and, as a result, no compensation cost has been recognized for these awards.
[2] Represents the following stock options exercised: • 500,000 stock options exercised at $1.67, 150,000 stock options exercised at $1.63, 60,000 stock options exercised at $1.93, and 25,000 stock options exercised at $1.39.