Annual report pursuant to Section 13 and 15(d)

Note 8 - Stock-based Incentive Plans (Tables)

v3.22.1
Note 8 - Stock-based Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2021
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2021

   

2020

 

Volatility

    95 %     95 %

Risk–free interest rate

    .99 %     .47 %

Dividend yield

    - %     - %

Expected life of options (in years)

    5.86       6.02  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
           

Weighted-Average

         
   

Options (#)

   

Exercise

Price Per Share ($)

   

Remaining

Contractual Term (Years)

   

Aggregate

Intrinsic Value ($)

 
                                 

Outstanding at December 31, 2020

    1,638,000     $ 5.59             $ 308,000  

Granted

    998,000     $ 4.50                  

Exercised

    (35,000

)

  $ 3.17                  

Canceled / forfeited

    (168,000

)

  $ 5.63                  

Outstanding at December 31, 2021

    2,433,000     $ 5.18       7.73     $ 246,000  

Vested and exercisable at December 31, 2021

    1,004,000     $ 6.66       5.82     $ 242,000  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
   

Restricted

Stock

Units (#)

   

Weighted Average

Grant Date

Fair Value ($)

 

Non-vested restricted stock units at December 31, 2020

    382,000     $ 4.68  

Granted

    250,000     $ 4.81  

Vested

    (260,000

)

  $ 4.07  

Canceled

    (11,000

)

  $ 9.91  

Non-vested restricted stock units at December 31, 2021

    361,000     $ 5.05  
Share-based Payment Arrangement, Outstanding Award, Activity, Excluding Option [Table Text Block]
           

Weighted-Average

         
   

Warrants (#)

   

Exercise

Price Per Share ($)

   

Remaining

Contractual Term (Years)

   

Aggregate

Intrinsic Value ($)

 
                                 

Outstanding at December 31, 2020

    964,000     $ 10.02                  

Expired

    (183,000

)

  $ 9.00             $ -  

Outstanding at December 31, 2021

    781,000     $ 10.26       4.56     $ -  

Vested and exercisable as of December 31, 2021

    781,000     $ 10.26       4.56     $ -  
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
   

2021

   

2020

 

Stock options

  $ 1,148,000     $ 745,000  

Warrants

    -       282,000  

Restricted stock units

    1,233,000       836,000  

Other

    -       141,000  

Total noncash stock compensation expense

  $ 2,381,000     $ 2,004,000  
   

2021

   

2020

 

Sales, marketing and advertising

  $ 934,000     $ 849,000  

Engineering, technology and development

    288,000       254,000  

General and administrative

    1,159,000       901,000  

Total noncash stock compensation expense

  $ 2,381,000     $ 2,004,000