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SHARE BASED COMPENSATION | 12 Months Ended
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Dec. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Share-Based Payment Arrangement [Text Block] | 7 - SHARE BASED COMPENSATION Our 2018 Stock Incentive Plan (the “Plan”) authorizes the issuance of up to 1,000,000 shares pursuant to options or awards granted under the Plan. Under the Plan, incentive stock and nonstatutory options were granted at prices equal to at least the fair market value of our Class A common stock at the date of grant. Outstanding options vest in three (3) equal annual installments beginning one (1) year from the date of grant and are subject to termination provisions as defined in the Plan. There was no options granted in 2023, and the fair values of options in 2022 were estimated using the Black-Scholes option-pricing model at their respective grant date using the following assumptions:
|  | Year Ended December 31, |
|  | 2022 |
Weighted-average grant date fair value per share |  | $0.11 - $0.38 |
Risk-free interest rate |  |  | 2.8 | %
Dividend yield |  |  | 5.3 | %
Expected term (in years) |  |  | 10 |
Volatility |  |  | 16 | %
Stock option activity during the periods indicated is as follows:
|  | Number of Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Years Remaining Contractual Term |  |  | Aggregate Intrinsic Value |
Outstanding at December 31, 2021 |  |  | 294,100 |  |  | $ | 2.45 |  |  |  | 5.0 |  |  | $ | 492,000 |
Grants |  |  | 60,500 |  |  |  | 3.54 |  |  |  | 7.5 |  |  |  | - |
Exercised |  |  | (120,000 | ) |  |  | 1.74 |  |  |  | - |  |  |  | - |
Forfeited |  |  | (10,000 | ) |  |  | 3.40 |  |  |  | - |  |  |  | - |
Outstanding at December 31, 2022 |  |  | 224,600 |  |  | $ | 2.45 |  |  |  | 5.0 |  |  | $ | 492,000 |
Exercised |  |  | (25,000 | ) |  |  | 2.14 |  |  |  | - |  |  |  | - |
Forfeited |  |  | (3,000 | ) |  |  | 0.96 |  |  |  | - |  |  |  | - |
Outstanding at December 31, 2023 |  |  | 196,600 |  |  | $ | 3.25 |  |  |  | 5.5 |  |  | $ | 112,000 |
Exercisable at December 31, 2023 |  |  | 140,900 |  |  | $ | 3.01 |  |  |  | 5.1 |  |  | $ | 109,100 |
At December 31, 2023, the range of individual weighted average exercise prices was $2.42 to $4.44 and the unamortized compensation expense was approximately $11,000.

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