Stock Options
 12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
STOCK OPTIONS

NOTE 9 – STOCK OPTIONS

 

The following table presents Duke Inc.'s stock option activity the year ended December 31, 2020:

 

   Number of
Options		   Weighted
Average
Exercise Price		 
Outstanding at December 31,2019   995,000    2.70 
Granted   -    - 
Exercised   -    - 
Forfeited or expired   -    - 
Outstanding at December 31,2020   995,000    2.70 
Number of options exercisable at December 31, 2020   895,000    2.75 


The aggregate intrinsic value of the awards outstanding as of December 31, 2020 is $0. These amounts represent the total intrinsic value, based on the Company's stock price of $0.374 as of December 31, 2020, less the weighted exercise price. This represents the potential amount received by the option holders had all option holders exercised their options as of that date.

 

The stock options outstanding as of December 31, 2020, have been separated into exercise prices, as follows:

 

Exercise price  Stock
options
outstanding		   Weighted average
remaining contractual
life – years		   Stock options vested 
  

As of December 31, 2020

 
2.25   400,000    1.7    300,000 
3   595,000    1.30    595,000 
    995,000         895,000 

 

The stock options outstanding as of December 31, 2019, have been separated into exercise prices, as follows:

 

Exercise price  Stock
options
outstanding		   Weighted average
remaining contractual
life – years		   Stock options vested 
   As of December 31, 2019 
2.25   400,000    2.70    200,000 
3   595,000    2.30    595,000 
    995,000         795,000 

 

Compensation expense recorded by the Company in respect of its stock-based compensation awards for the period ended December 31, 2020 was $108 and are included in General and Administrative expenses in the Statements of Operations