Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.20.2
Stock Based Compensation (Tables)
9 Months Ended
Jul. 31, 2020
Schedule of Option Activity

Information regarding stock options that were granted outside of Share Plans for the nine months ended July 31, 2020 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options outstanding at October 31, 2019     1,698,000     $ 2.58          
Options outstanding and exercisable at July 31, 2020     1,698,000     $ 2.58     $ 348,090  

 

Information regarding stock options that were granted outside of Share Plans for the nine months ended July 31, 2019 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options outstanding at October 31, 2018     1,780,000     $ 1.58          
Options outstanding and exercisable at July 31, 2019     1,780,000     $ 1.58     $ 5,583,900  
Schedule of Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable that were granted outside of Share Plans as of July 31, 2020:

 

Range of
Exercise Prices
   

Number
Outstanding

and

Exercisable

   

Weighted Average
Remaining
Contractual Life

(in years)

    Weighted
Average
Exercise Price
 
$ 2.58       1,698,000       2.00     $ 2.58  

 

The following table summarizes information about stock options outstanding and exercisable that were granted outside of Share Plans as of July 31, 2019:

 


Range of
Exercise Prices
   

Number
Outstanding

and

Exercisable

   

Weighted Average
Remaining
Contractual Life

(in years)

    Weighted
Average
Exercise Price
 
$ 0.67       1,046,000       3.30     $ 0.67  
$ 2.58-$ 5.56       734,000       2.85     $ 2.88  
2003 Plan [Member]  
Schedule of Option Activity

Information regarding the 2003 Share Plan for the nine months ended July 31, 2020 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options outstanding at October 31, 2019     400     $ 17.00          
Forfeited/Expired     (400 )   $ 17.00          
Options outstanding and exercisable at July 31, 2020     -     $ -0-     $ -0-  

 

Information regarding the 2003 Share Plan for the nine months ended July 31, 2019 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic Value
 
Options outstanding at October 31, 2018     12,000     $ 2.77          
Exercised     (4,000 )   $ 3.63          
Options outstanding and exercisable at July 31, 2019     8,000     $ 2.34     $ 23,694  
Schedule of Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable under the 2003 Share Plan as of July 31, 2019:

 

Range of
Exercise Prices
  Number
Outstanding
and
Exercisable
    Weighted Average Remaining
Contractual Life
(in years)
    Weighted
Average Exercise
Price
 
$0.67 - $17.00     8,000       0.19     $ 2.34  
2010 Plan [Member]  
Schedule of Option Activity

Information regarding the 2010 Share Plan for the nine months ended July 31, 2020 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options outstanding at October 31, 2019     1, 1,998,668     $ 2.80          
Exercised     (51,100 )   $ 2.39          
Forfeited/Expired     (20,534 )   $ 1.72          
Options outstanding at July 31, 2020     1 1,927,034     $ 2.82     $ 731,670  
Options exercisable at July 31, 2020     1, 1,772,034     $ 2.84     $ 630,120  

 

Information regarding the 2010 Share Plan for the nine months ended July 31, 2019 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate Intrinsic Value  
Options outstanding at October 31, 2018     2,131,868     $ 2.11          
Granted     10,000     $ 3.64          
Exercised     (32,000 )   $ 2.27          
Forfeited/Expired     (99,200 )   $ 3.78          
Options outstanding at July 31, 2019     2,010,668     $ 2.03     $ 5,422,886  
Options exercisable at July 31, 2019     1,639,556     $ 1.92     $ 4,609,165  
Schedule of Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable under the 2010 Share Plan as of July 31, 2020:

 

    Options Outstanding     Options Exercisable  
Range of
Exercise Prices
  Number
Outstanding
   

Weighted
Average
Remaining
Contractual Life

(in years)

    Weighted
Average
Exercise Price
    Number
Exercisable
   

Weighted
Average
Remaining
Contractual Life

(in years)

    Weighted
Average
Exercise Price
 
$ 0.67 - $2.30     549,000       5.70     $ 1.57       494,000       5.56     $ 1.64  
$ 2.58 - $ 3.13     846,000       3.05     $ 2.79       846,000       3.41     $ 2.79  
$ 3.46 - $ 5.75     532,034       7.45     $ 4.16       432,034       7.33     $ 4.33  

 

The following table summarizes information about stock options outstanding and exercisable under the 2010 Share Plan as of July 31, 2019:

 

    Options Outstanding     Options Exercisable  
Range of
Exercise Prices
  Number Outstanding     Weighted Average Remaining Contractual Life
(in years)
    Weighted Average Exercise Price     Number Exercisable     Weighted Average Remaining Contractual Life
(in years)
    Weighted Average Exercise Price  
$ 0.67     938,000       5.94     $ 0.67       799,388       5.59     $ 0.67  
$2.27 -$3.01     600,134       3.81     $ 2.58       600,134       3.81     $ 2.58  
$3.46 -$7.00     472,534       8.51     $ 4.05       240,034       8.19     $ 4.43  
2018 Plan [Member]  
Schedule of Option Activity

Information regarding the 2018 Share Plan for the nine months ended July 31, 2020 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate Intrinsic Value  
Options outstanding at October 31, 2019     3,935,000     $ 3.74          
Granted     800,000     $ 3.85          
Forfeited/Expired     (258,376 )   $ 3.86          
Options outstanding at July 31, 2020     4,476,624     $ 3.76     $ -0-  
Options exercisable at July 31, 2020     2,403,014     $ 3.76     $ -0-  

 

Information regarding the 2018 Share Plan for the nine months ended July 31, 2019 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options outstanding at October 31, 2018     3,482,000     $ 3.73          
Exercised     (4,000 )   $ 3.84          
Forfeited/Expired     (8,000 )   $ 3.84          
Options outstanding at July 31, 2019     3,470,000     $ 3.73     $ 3,337,300  
Options exercisable at July 31, 2019     1,321,111     $ 3.73     $ 1,273,443  
Schedule of Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable under the 2018 Share Plan as of July 31, 2020:

 

      Options Outstanding     Options Exercisable  
Range of
Exercise Prices
    Number
Outstanding
    Weighted
Average
Remaining
Contractual
Life
(in years)
    Weighted
Average
Exercise
Price
    Number
Exercisable
    Weighted
Average
Remaining
Contractual
Life
(in years)
    Weighted
Average
Exercise
Price
 
$ 3.70       3,100,000       7.78     $ 3.70       1,700,000       7.78     $ 3.70  
$ 3.84 - $4.61       1,376,624       7.55     $ 3.89       703,014       6.15     $ 3.90  

 

The following table summarizes information about stock options outstanding and exercisable under the 2018 Share Plan as of July 31, 2019:

 

      Options Outstanding     Options Exercisable  
Range of
Exercise Prices
    Number
Outstanding
    Weighted
Average
Remaining
Contractual
Life
(in years)
    Weighted
Average
Exercise
Price
    Number
Exercisable
    Weighted
Average
Remaining
Contractual
Life
(in years)
    Weighted
Average
Exercise
Price
 
$ 3.70 - $4.61       3,470,000       8.78     $ 3.73       1,321,111       8.77     $ 3.73