v3.26.1
Stock Options
6 Months Ended
Jun. 30, 2026
Stock Options [Abstract]  
STOCK OPTIONS

NOTE 4 – STOCK OPTIONS

 

The following table presents the Company’s stock option activity for employees and directors of the Company for the six months ended June 30, 2026:

 

    Number of
Options
    Weighted
Average
Exercise
Price
 
Outstanding at December 31, 2025     313,227     $ 5.19  
Granted     -       -  
Exercised     -       -  
Forfeited or expired     -       -  
Outstanding at June 30, 2026     313,227     $ 5.19  
Number of options exercisable at June 30, 2026     313,227     $ 5.19  

 

 

The aggregate intrinsic value of the awards outstanding as of June 30, 2026 is $0. These amounts represent the total intrinsic value, based on the Company’s stock price of $0.25 as of June 30, 2026, less the weighted exercise price. This represents the potential amount received by the option holders had all option holders exercised their options as of that date.

 

The stock options outstanding as of June 30, 2026 have been separated into exercise prices, as follows:

 

Exercise price   Stock options
outstanding
    Weighted
average
remaining
contractual
life – years
    Stock options
exercisable
 
36.4     42,307       5.41       75,767  
0.32     270,920       7.65       270,920  
      313,227               323,227