Annual report pursuant to Section 13 and 15(d)

Stockholders??? Equity (Tables)

v3.23.1
Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2022
Stockholders' Equity Note [Abstract]  
Summary of Stock Options Activity

The following table summarizes stock option activity for the fiscal years ended December 31, 2022, and January 1, 2022 (Aggregate Intrinsic Value in $000's):

 

 

 

Options

 

 

Weighted
Average
Exercise

 

 

Aggregate
Intrinsic

 

 

Weighted
Average
Remaining
Contractual

 

 

 

Outstanding

 

 

Price

 

 

Value

 

 

Life

 

Outstanding at January 2, 2021

 

 

113,900

 

 

$

11.97

 

 

$

78

 

 

 

7.0

 

Cancelled/expired

 

 

(28,400

)

 

 

9.71

 

 

 

 

 

 

 

Exercised

 

 

(6,000

)

 

4.32

 

 

 

 

 

 

 

Granted

 

 

38,000

 

 

 

8.16

 

 

 

 

 

 

 

Outstanding at January 1, 2022

 

 

117,500

 

 

 

7.16

 

 

 

21

 

 

 

7.0

 

Cancelled/expired

 

 

(7,500

)

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2022

 

 

110,000

 

 

$

6.27

 

 

$

 

 

 

6.5

 

Exercisable at December 31, 2022

 

 

110,000

 

 

$

6.27

 

 

$

 

 

 

6.5

 

 

Schedule of Exercise Price for Stock Options Outstanding and Exercisable Outstanding

The exercise price for stock options outstanding and exercisable outstanding at December 31, 2022 is as follows:

 

Outstanding

 

Exercisable

Number of Options

 

 

Exercise Price ($)

 

Number of Options

 

 

Exercise Price ($)

 

6,000

 

 

$17.35 to $23.45

 

 

6,000

 

 

$17.35 to $23.45

 

 

 

$11.10 to $15.00

 

 

 

 

$11.10 to $15.00

 

38,000

 

 

$5.70 to $9.90

 

 

38,000

 

 

$5.70 to $9.90

 

66,000

 

 

$3.54 to $5.25

 

 

66,000

 

 

$3.54 to $5.25

 

110,000

 

 

 

 

 

110,000

 

 

 

Summary of Information About Non-vested Shares Outstanding

The following table summarizes information about the Company’s non-vested shares outstanding as of December 31, 2022 and January 1, 2022:

 

Non-vested Shares

 

Number of
Shares

 

Non-vested at January 2, 2021

 

 

48,500

 

Granted

 

 

38,000

 

Exercised

 

 

(6,000

)

Forfeited

 

 

(28,400

)

Vested

 

 

(44,600

)

Non-vested at January 1, 2022

 

 

7,500

 

Vested

 

 

(7,500

)

Non-vested at December 31, 2022