Quarterly report pursuant to Section 13 or 15(d)

EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)

v3.21.1
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)
3 Months Ended
Mar. 31, 2021
EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN  
Schedule of Stock Options Activity

    

    

    

Weighted-

    

Weighted-

Average

Average

Remaining

Aggregate

Exercise

Contractual

Intrinsic

Shares

Price

Term

Value

Outstanding, December 31, 2019

 

2,748,500

$

6.28

 

  

 

$

Granted

 

 

  

 

Forfeited or rescinded

 

 

  

 

Vested

 

 

  

 

Outstanding, March 31, 2020

 

2,748,500

$

6.28

 

3.7 Years

$

Exercisable, March 31, 2020

 

2,506,700

$

5.78

 

3.4 Years

 

  

Outstanding, December 31, 2020

 

465,500

$

3.26

 

  

 

$

Granted

 

 

  

 

Forfeited or rescinded

 

 

  

 

Vested

 

 

  

 

Outstanding, March 31, 2021

 

465,500

$

3.26

 

3.00 Years

$

134,850

Exercisable, March 31, 2021

 

460,700

$

3.11

 

2.95 Years

 

  

Schedule of Restricted Stock Grants

    

    

Weighted- 

Average Grant  

Restricted stock

Date Fair Value

Outstanding, December 31, 2019

 

1,341,889

$

4.94

Granted

 

 

Forfeited or rescinded

 

(2,400)

 

4.78

Vested

 

 

Outstanding, March 31, 2020

 

1,339,489

$

4.93

Outstanding, December 31, 2020

 

2,132,297

$

1.03

Granted

 

 

Forfeited or rescinded

 

 

Vested

 

(94,350)

 

4.95

Outstanding, March 31, 2021

 

2,037,947

$

0.85