XML 52 R42.htm IDEA: XBRL DOCUMENT v3.21.2
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2021
Retirement Benefits [Abstract]  
The options outstanding as of June 30, 2021, have been classified by exercise price, as follows

The options outstanding as of June 30, 2021, have been classified by exercise price, as follows:

 

Outstanding  Exercisable 
       Weighted             
       Average   Weighted       Weighted 
       Remaining   Average       Average 
Exercise  Number   Contractual   Exercise   Number   Exercise 
Price  Outstanding   Life (Years)   Price   Exercisable   Price 
$480 - $560   894    4.45   $537.34    734   $532.43 
$1,208 - $1,352   25    2.75   $1,336.00    25   $1,336.00 
$480 - $1,352   919    4.40   $559.07    759   $558.88 
                          
Issuances outside of Plans
$1.79   850,000    9.22   $1.79    0   $0.00 
                          
Total Options
$480 - $1,856   850,919    9.22   $2.39    759   $558.88 

The total stock-based compensation expense related to stock options and stock awards issued the Company’s employees, consultants and directors, included in reported net income (loss) for the three and six months ended June 30, 2021 and 2020, was comprised as follows:

The total stock-based compensation expense related to stock options and stock awards issued the Company’s employees, consultants and directors, included in reported net income (loss) for the three and six months ended June 30, 2021 and 2020, was comprised as follows:

 

                             
   Three Months Ended June 30,   Six Months Ended June 30, 
   2021   2020   2021   2020 

General and administrative

  $565,000   $20,000   $584,000   $143,000 
Total stock-based compensation  $565,000   $20,000   $584,000   $143,000 
A summary of option activity under the Company’s stock option plans as of June 30, 2021, and changes during the six months ended are as follows:

A summary of option activity under the Company’s stock option plans as of June 30, 2021, and changes during the six months ended are as follows:

 

        Outstanding Options 
                   Weighted      
              Weighted    Average      
    Shares         Average    Remaining    Aggregate 
    Available    Number    Exercise     Contractual    Intrinsic 
    for Grant    of Shares    Price    Life (years)     Value 
January 1, 2021   6,693    925   $564.43    4.87   $0 
Restricted stock awards   0                    
Forfeited   6    (6)  $1,352.00           
June 30, 2021   6,699    919   $559.07    4.40   $0 

 

1 Includes options that were issued pursuant to the Company’s 2002 Plan and are not available for future issuance.