Note 8 –
Stock Option
The
information below summarizes the stock options:
Schedule
of Stock Option Activity
| | |
Number of
Shares | | |
Weighted Average
Exercise Price | | |
Weighted
Average
Remaining
Contractual
Life | |
| Outstanding at December 31, 2022 | |
| 11,216 | | |
$ | 96.90 | | |
| 3.75 | |
| Granted | |
| - | | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | | |
| - | |
| Cancelled | |
| (9,904 | ) | |
| 92.40 | | |
| 2.77 | |
| Outstanding at December 31, 2023 | |
| 1,312 | | |
$ | 118.33 | | |
| 1.35 | |
| Granted | |
| 10,000 | | |
| 2.50 | | |
| 5.00 | |
| Exercised | |
| - | | |
| - | | |
| - | |
| Cancelled | |
| (6 | ) | |
| 132.90 | | |
| 4.21 | |
| Outstanding at December 31, 2024 | |
| 11,306 | | |
$ | 15.93 | | |
| 4.94 | |
2018 Incentive Compensation Plan
On August 30, 2024, the Company amended its 2018
Incentive Compensation Plan to increase the number of shares authorized for issuance thereunder from 66,667
to 566,667
shares.
|