Annual report pursuant to Section 13 and 15(d)

Stockholders??? Equity (Tables)

Stockholders’ Equity (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Restricted Stock Units	2021						2020
	Number of Shares			Weighted-Average Grant Date Fair Value			Number of Shares			Weighted-Average Grant Date Fair Value
Balance of restricted stock units outstanding at beginning of year		162,500		$	2.25			340,000		$	2.15
Grants of restricted stock units		45,000			3.51			70,000			2.68
Vested restricted stock units⁽¹⁾		(195,000	)		(2.47	)		(247,500	)		(2.23	)
Balance of restricted stock units outstanding at end of year		12,500		$	3.36			162,500		$	2.25

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(1) Includes 125,000 shares of common stock subject to restricted stock units owned by the Company’s Chairman and Chief Executive Officer which vested on July 14, 2021 and settled on March 11, 2022.

Schedule of stock option activity

Schedule of stock option activity	2021				2020
			Weighted					Weighted
			Average					Average
	Options		Exercise		Options			Exercise
	Outstanding		Price		Outstanding			Price
Options outstanding at beginning of year		500,000	$	1.19		605,000		$	1.39
Granted		—		—		—			—
Expired		—		—		—			—
Exercised		—		—		(105,000	)	$	2.34
Options outstanding at end of year		500,000	$	1.19		500,000		$	1.19
Options exercisable at end of year		500,000	$	1.19		500,000		$	1.19