v3.25.1
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Compensation [Abstract]  
Schedule of Stock-Based Compensation Plans

Stock option activity under the Company’s stock-based compensation plans is shown below:

 

   Number of
Shares
   Average
Exercise Price
per Share
   Aggregate
Intrinsic
Value*
   Weighted
Average
Remaining
Contractual
Term in
Years
 
Outstanding at January 1, 2025   1,455,170   $1.31   $
-
    3.4 
Exercisable at January 1, 2025   1,434,958   $1.35   $
-
    3.4 
                     
Granted   
-
    
-
    
-
    
-
 
Exercised   
-
    
-
    
-
    
-
 
Forfeited   (60,000)   0.98    
-
    
-
 
Outstanding at March 31, 2025   1,395,170   $1.32   $
-
    3.2 
Exercisable at March 31, 2025   1,434,958   $1.35   $
-
    3.1 

 

  * The intrinsic value of the stock options at March 31, 2025 is the amount by which the market value of the Company’s common stock of $0.8 as of March 31, 2025 do not exceeds the average exercise price of the option.