Note 9. Stockholders’ Equity

Stock Options

The 2015 Omnibus Incentive Plan provides for the issuance of stock options, stock appreciation rights, performance shares,

performance units, restricted stock, restricted stock units, shares of our common stock, dividend equivalent units, incentive cash

awards or other awards based on our common stock. Awards may be granted alone or in addition to, in tandem with, or (subject to the

2015 Omnibus Incentive Plan’s prohibitions on repricing) in substitution for any other award (or any other award granted under

another plan of ours or of any of our affiliates).

The following is a summary of the stock option plan activity during the three months ended March 31, 2020 and 2019:

Compensation expense recognized from the vesting of stock options was approximately $3,400 and $3,500 for the three months ended March 31, 2020 and 2019. The remaining unrecognized compensation cost associated with unvested stock options as of March 31, 2020 is approximately $14,800.

The aggregate intrinsic value of the outstanding common stock options as of March 31, 2020 and December 31, 2019 was $0 and $0 respectively.

On March 23, 2020, the Company issued 186,000 shares to Maxim Holdings LLC for services and recognized $125,450 as stock compensation expense for the three months ended March 31, 2020.