Quarterly report pursuant to Section 13 or 15(d)

Stock Based Compensation (Tables)

v3.20.4
Stock Based Compensation (Tables)
3 Months Ended
Jan. 31, 2021
Schedule of Option Activity

Information regarding stock options that were granted outside of share plans for the three months ended January 31, 2021 is as follows:

 

    Shares     Weighted Average Exercise Price Per Share     Aggregate Intrinsic Value  
Options outstanding at October 31, 2020     1,698,000     $      2.58          
Options outstanding and exercisable at January 31, 2021     1,698,000     $ 2.58     $ 1,825,350  

 

Information regarding stock options that were granted outside of Share Plans for the three months ended January 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 January 31, 2020     1,698,000     $       2.58     $ 1,655,550  
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 January 31, 2021:

 

Range of

Exercise Prices

 

Number

Outstanding

and

Exercisable

   

Weighted Average Remaining Contractual Life

(in years)

   

Weighted

Average

Exercise Price

 
$ 2.58     1,698,000       1.56     $ 2.58  

 

The following table summarizes information about stock options outstanding and exercisable that were granted outside of Share Plans as of January 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       2.50     $ 2.58  
2003 Plan [Member]  
Schedule of Option Activity

Information regarding the 2003 Plan for the three months ended January 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 January 31, 2020     -     $ -0-     $        -0-  
2010 Plan [Member]  
Schedule of Option Activity

Information regarding the 2010 Share Plan for the three months ended January 31, 2021 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options outstanding at October 31, 2020     1, 1,907,534     $ 2.82          
Exercised     (6,000 )   $ 2.32          
Forfeited/Expired     (400 )   $ 5.75          
Options outstanding at January 31, 2021     1 1,901,134     $ 2.82     $ 1,906,253  
Options exercisable at January 31, 2021     1, 1,823,634     $ 2.83     $ 1,822,053  

 

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

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate
Intrinsic
Value
 
Options Outstanding at October 31, 2019     1,998,668     $ 2.80          
Exercised     (18,900 )   $ 1.51          
Forfeited/Expired     (5,534 )   $ 2.58          
Options Outstanding at January 31, 2020     1,974,234     $ 2.81     $ 1,810,395  
Options Exercisable at January 31, 2020     1,721,734     $ 2.86     $ 1,542,195  
Schedule of Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable under the 2010 Share Plan as of January 31, 2021:

 

    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     544,000       5.22     $ 1.56       516,500       5.15     $ 1.60  
$ 2.58 - $ 3.13     833,000       3.11     $ 2.79       833,000       3.54     $ 2.79  
$ 3.46 - $ 5.30     524,134       7.11     $ 4.17       474,134       7.07     $ 4.25  

 

The following table summarizes information about stock options outstanding and exercisable under the 2010 Share Plan as of January 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     561,500       6.28     $ 1.56       464,000       6.03     $ 1.69  
$ 2.58 - $ 3.13     878,200       3.43     $ 2.79       878,200       3.97     $ 2.79  
$ 3.46 - $ 5.75     534,534       7.94     $ 4.16       379,534       7.76     $ 4.45  
2018 Plan [Member]  
Schedule of Option Activity

Information regarding the 2018 Share Plan for the three months ended January 31, 2021 is as follows:

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate Intrinsic Value  
Options outstanding at October 31, 2020     4,346,661     $ 3.69          
Granted     1,130,000     $ 2.83          
Exercised     (23,880 )   $ 3.78          
Forfeited/Expired     (392,781 )   $ 3.70          
Options outstanding at January 31, 2021     5,060,000     $ 3.49     $ 1,184,900  
Options exercisable at January 31, 2021     2,312,640     $ 3.69     $ 147,579  

 

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

 

    Shares     Weighted
Average Exercise
Price Per Share
    Aggregate Intrinsic Value  
Options Outstanding at October 31, 2019     3,935,500     $ 3.74          
Granted     800,000     $ 3.85          
Options Outstanding at January 31, 2020     4,735,000     $ 3.76     $ -0-  
Options Exercisable at January 31, 2020     1,798,616     $ 3.74     $ -0-  
Schedule of Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable under the 2018 Share Plan as of January 31, 2021:

 

    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

 
$ 2.09 - $3.70     3,975,000       8.12     $ 3.38       1,664,862       7.47     $ 3.61  
$ 3.84 - $4.61     1,085,000       7.95     $ 3.90       647,778       7.66     $ 3.92  

 

The following table summarizes information about stock options outstanding and exercisable under the 2018 Share Plan as of January 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       8.27     $ 3.70       1,433,334       8.27     $ 3.70  
$ 3.84 - $4.61     1,635,000       9.17     $ 3.88       365,282       8.32     $ 3.92