Note D - 2025 Equity Incentive Plan |
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| Share-Based Payment Arrangement [Text Block] |
Note D – 2025 Equity Incentive Plan
The Company’s stockholders approved the 2025 Equity Incentive Plan at a special meeting of stockholders on October 31, 2025. The plan provides for an aggregate maximum of 4,500,000 shares of common stock to be issued under the plan. At December 31, 2025, 398,000 options were outstanding under the plan with options exercisable. The Company recorded non-cash equity expense of $41,000 and $0 in the quarters ended March 31, 2026 and 2025, respectively. At March 31, 2026 and December 31, 2025 there was $237,000 and $297,000, respectively, of unamortized expense to be recorded over 2.4 years.
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