v3.26.1
Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Stock Based Compensation  
Schedule of assumptions were used in estimating the fair value of options granted

Dividend yield

%

Risk-free interest rate

4.21

%

Expected volatility

16.9

%

Weighted average expected life (years)

6.5

Weighted average per share value of options

$

3.30

Schedule of stock option activity

Stock Options

Shares

Weighted Average Exercise Price Per Share

Weighted Average Remaining in Contractual Term (Years)

Aggregate Intrinsic Value

Outstanding December 31, 2025

103,500

$

11.06

9.9

$

469,890

Granted

Exercised

Forfeited

Vested shares expired

Outstanding March 31, 2026

103,500

$

11.06

9.9

$

469,890

Options exercisable at March 31, 2026

Schedule of nonvested stock option activity

Stock Options

Shares

Weighted Average Grant Date Fair Value Per Share

Nonvested at December 31, 2025

103,500

$

3.30

Granted

Vested

Forfeited

Nonvested at March 31, 2026

103,500

$

3.30

Schedule of restricted stock activity

Restricted Stock

Shares

Weighted Average Grant Date Fair Value Per Share

Nonvested at December 31, 2025

41,400

$

11.06

Granted

Vested

Forfeited

Nonvested at March 31, 2026

41,400

$

11.06