|6 Months Ended|
Jun. 30, 2020
2. Stock Plans
The following table summarizes the stock-based compensation expense recorded for awards under our stock option plans: (in thousands)
We use the Black-Scholes-Merton option-pricing model with the following assumptions to estimate the fair value of our stock options:
The following table summarizes option activity:
Options to purchase 50,000 common shares were granted during the three month periods ended June 30, 2020.
As of June 30, 2020, there was approximately $39,000 of total unrecognized compensation expense related to non-vested stock options. This expense is expected to be recognized over a weighted-average period of approximately 1.8 years.
The entire disclosure for share-based payment arrangement.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef