Quarterly report [Sections 13 or 15(d)]

Stock Plans

v3.25.1
Stock Plans
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Stock Plans

 

3. Stock Plans

 

The following table summarizes option activity:

 

Schedule of our option activity                                
    Shares
(in thousands)		     Weighted-
Average
Exercise
Price per share		    

Weighted-
Average
Remaining
Option Term
(in years)

    

Aggregate
Intrinsic
Value
(in thousands of
U.S. dollars)

  
Outstanding at December 31, 2024     79     $ 69.85       7.15     $ -  
Outstanding at March 31, 2025     79     $ 68.52       6.90     $ -  
Exercisable at March 31, 2025     79     $ 68.52       6.90     $ -  

 

We use the Black-Scholes-Merton option-pricing model to estimate the fair value of our stock options. There were no options granted or shares awarded during the three-month periods ended March 31, 2025 and 2024.

 

As of March 31, 2025, there was no unrecognized compensation expense related to non-vested stock options.