Note 4 - Stock-based Compensation |
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Notes to Financial Statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-based Payment Arrangement [Text Block] |
For the three -month periods ended March
31, 2021 and 2020, our total stock-based compensation expense, which includes reversals of expense for certain forfeited or cancelled awards, was approximately $121,000 and $39,000, respectively. We have not three -month periods ended March
31, 2021 and 2020.
A summary of the status of our stock options as of March
31, 2021, and changes during the three -month period then ended, is presented below.
The weighted average grant date fair value per stock option granted during the three -month period ended March 31, 2021 was $1.87. Key assumptions used in the Black-Scholes option pricing model for stock options granted during the three -month period ended March 31, 2021 were the Company's stock price, an expected volatility rate of 90.14%, a risk-free rate of 0.67%, and an expected life of 5.97 years. A summary of the status of our unvested restricted stock as of March
31, 2021, and changes during the three -month period then ended, is presented below.
As of
March
31, 2021, there was approximately $595,000 of total unrecognized compensation expense related to unvested stock-based awards, which we expect to recognize over the remaining weighted average vesting term of 1.6 years. |