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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Grant Activity

The following table shows stock grant activity for the three months ended March 31, 2021:

 

Grants outstanding as of December 31, 2020     118,889  
Grants awarded     40,000  
Grants outstanding as of March 31, 2021     158,889  

Schedule of Stock Option Activity

The following table shows stock option activity for the three months ended March 31, 2021:

 

    Number of
Shares
    Weighted
Average
Remaining
Life (Years)
    Weighted
Average
Exercise
Price
 
Stock options outstanding as of December 31, 2020     638,278       7.72     $ 6.48  
Issued     55,833       4.76     $ 6.00  
Expired     18,444       5.07     $ 7.89  
Stock options outstanding at March 31, 2021     675,667       7.55     $ 6.40  
Stock options exercisable at March 31, 2021     369,305       7.69     $ 6.46