• Filing Date: 2020-07-09
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
Stock-based Compensation (Tables)
6 Months Ended
May 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Common Stock Option Activity
The following table presents the activity of the Company’s outstanding stock options to purchase common stock for the six months ended May 31, 2020:

Common Stock Options
 
Number of
Shares
 
Weighted
Average Exercise Price
per Share
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
Outstanding Balance, December 1, 2019
 
85,000

 
$
6.94

 
0.55

 
$

Options granted
 

 

 

 


Options exercised
 

 

 

 


Options forfeited
 

 
$

 

 


Options expired
 

 

 

 


Options outstanding, May 31, 2020
 
85,000

 
$
6.94

 
0.02

 
$

Exercisable at May 31, 2020
 
85,000

 
$
6.94

 
0.02

 


Unvested at May 31, 2020
 

 

 

 
$


Schedule of Activity of Unvested Shares of Restricted Stock
The following table presents the activity of the Company’s unvested shares of restricted stock for the three months ended May 31, 2020:
Common Unvested Shares
Number of
Shares
Outstanding Balance, December 1, 2019
333,333

Granted
1,000,000

Vested
(333,333
)
Forfeited

Outstanding May 31, 2020
1,000,000