EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN (Tables)
|
6 Months Ended |
Jun. 30, 2021 |
|---|
| EMPLOYEE STOCK OPTIONS AND RESTRICTED STOCK AWARD PLAN |
|
| Schedule of Stock Options Activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
|
Average |
|
Aggregate |
|
|
|
|
Weighted-Average |
|
Remaining |
|
Intrinsic |
|
|
Shares |
|
Exercise Price |
|
Contractual 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Forfeited or rescinded |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 |
|
$ |
— |
Granted |
|
— |
|
|
— |
|
|
|
|
|
Forfeited or rescinded |
|
(2,265,000) |
|
|
6.87 |
|
|
|
|
|
Vested |
|
— |
|
|
— |
|
|
|
|
— |
Outstanding, June 30, 2020 |
|
483,500 |
|
$ |
3.52 |
|
2.2 Years |
|
$ |
— |
Exercisable, June 30, 2020 |
|
457,700 |
|
$ |
3.12 |
|
1.9 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Forfeited or rescinded |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 |
Granted |
|
— |
|
|
— |
|
|
|
|
|
Forfeited or rescinded |
|
— |
|
|
— |
|
|
|
|
|
Vested |
|
— |
|
|
— |
|
|
|
|
— |
Outstanding, June 30, 2021 |
|
465,500 |
|
$ |
3.26 |
|
2.75 Years |
|
$ |
426,300 |
Exercisable, June 30, 2021 |
|
460,700 |
|
$ |
3.11 |
|
2.70 Years |
|
|
|
|
| Schedule of Restricted Stock Grants |
|
|
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
Average Grant Date |
|
|
Restricted stock |
|
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Forfeited or rescinded |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 |
Granted |
|
— |
|
|
— |
Forfeited or rescinded |
|
(6,800) |
|
|
3.68 |
Vested |
|
(3,480) |
|
|
5.96 |
Outstanding, June 30, 2020 |
|
1,329,209 |
|
$ |
4.99 |
|
|
|
|
|
|
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Forfeited or rescinded |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 |
Granted |
|
1,196,102 |
|
|
2.77 |
Forfeited or rescinded |
|
— |
|
|
— |
Vested |
|
(3,480) |
|
|
5.96 |
Outstanding, June 30, 2021 |
|
3,230,569 |
|
$ |
1.55 |
|