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STOCK INCENTIVE PLAN | 12 Months Ended
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Dec. 31, 2021
Equity [Abstract] |
STOCK INCENTIVE PLAN | NOTE 9 – STOCK INCENTIVE PLAN The Company had a stock incentive plan, originally created in 1992, most recently amended in 2001. No additional grants may be made under the plan. All stock options contained an exercise price that was equal to the fair market value of the Company’s stock on the date the options were granted. There were no stock options outstanding or exercisable at December 31, 2021 and 2020. No stock compensation expense under this plan was recognized for the years ended December 31, 2021 and 2020. As of December 31, 2021, there was no unrecognized compensation expense related to stock options. As part of an incentive, the Company issued preferred stock during the years ended December 31, 2021 and 2020, resulting in stock compensation expense of $39,059 and $69,721, respectively.

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- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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