XML 33 R22.htm IDEA: XBRL DOCUMENT v3.25.1

NOTE 6 — Stock-Based Compensation Plan (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of employee service stock-based compensation, allocation of recognized period costs

		Years Ended December 31,
Income Statement Classification		2024				2023
Cost of revenues		$	119,872			$	137,116
Research and development		$	318,258			$	358,632
Sales and marketing		$	283,672			$	295,704
General and administrative		$	332,494			$	364,930
Stock-based compensation expenses		$	1,054,296			$	1,156,382

Stock options' weighted average assumptions and grant date fair values

		Years Ended December 31,
		2024				2023
Risk-free interest rate (%)			4.24	%			—
Dividend yield			—				—
Volatility factor			106.88	%			—
Expected option life (years)			3.41				—

Activity of stock options exercised

		Years Ended December 31,
		2024				2023
Total intrinsic value of stock options exercised		$	(23,688	)		$	(11,982	)
Cash received from stock option exercises		$	23,750			$	212,815

2004 Plan outstanding and exercisable options by price range

		Options Outstanding												Options Exercisable
Range of Exercise Prices		Number of Options Outstanding				Weighted Average Remaining Life (Years)				Weighted Average Exercise Price				Number of Options Exercisable				Weighted Average Exercise Price
$0.95 - $1.10			94,000				8.67			$	1.08				94,000			$	1.08
$1.12 - $1.25			613,349				9.50			$	1.12				613,349			$	1.12
$1.50 - $1.98			82,325				4.25			$	1.90				82,325			$	1.90
$2.00 - $2.27			33,500				0.25			$	2.21				33,500			$	2.21
$2.32 - $2.36			96,148				4.67			$	2.32				96,148			$	2.48
$2.40 - $2.71			19,000				4.08			$	2.48				19,000			$	3.85
$2.74 - $2.75			38,600				1.25			$	2.75				38,600			$	2.75
$2.82 - $2.95			38,551				4.42			$	2.93				38,551			$	2.93
$3.04 - $3.29			12,000				7.50			$	3.05				12,000			$	3.05
$3.45 - $3.88			17,000				1.92			$	3.81				17,000			$	3.81
$4.22 - $6.90			40,787				3.50			$	4.45				40,787			$	4.45
$7.20 - $33.75			45,000				6.33			$	8.58				45,000			$	8.58
$0.95 - $33.75			1,130,260				7.33			$	2.86				1,130,260			$	1.93

Restricted Stock

	Number of Restricted Stocks				Weighted Average Price Per Share
Unvested as of December 31, 2022		844,976			$	2.84
Granted		463,720			$	2.30
Vested		(286,062	)		$	2.02
Forfeited		(31,435	)		$	2.66
Unvested as of December 31, 2023		991,199			$	2.83
Granted		506,000			$	1.11
Vested		(316,519	)		$	1.16
Forfeited		(101,840	)		$	2.18
Unvested as December 31, 2024		1,078,840			$	0.98

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 allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

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

+ Details

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

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

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

+ Details

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

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

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

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
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
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-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

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

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

+ Details

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