Note 6 - Stock Option Plans
|6 Months Ended|
Jun. 30, 2017
|Notes to Financial Statements|
|Disclosure of Compensation Related Costs, Share-based Payments [Text Block]||
Stock Option Plans
Milestone Scientific recognizes compensation expense on a straight line basis over the requisite service period and in the case of performance based options over the period of the expected performance. For the
June 30, 2017Milestone Scientific recognized
$244,115of total employee stock based
compensation cost, respectively.For the
June 30, 2016,Milestone Scientific recognized
$266,601of total employee stock based
compensation cost, respectively.
June 30, 2017and
$884,183of total unrecognized compensation cost related to nonvested options, respectively, which Milestone Scientific expects to recognize these cost over a weighted average period of
2.74years as of
June 30, 2017and
A summary of option activity for employees under the plans and changes during the
June 30, 2017,is presented below:
A summary of option activity for non-employees under the plans as of
June 30, 2017and changes during the
sixmonth ended is presented below:
The fair value of the non-employee options was estimated on the date of grant using the Black Scholes option-pricing model at the date of grant. In accordance with the provisions of FASB ASCFor the
505,Milestone Scientific re-measures the value of the grant at each presentation date unless there is a significant disincentive for non-performance or until performance has been. For the
June 30, 2017,Milestone Scientific recognized expense of
$6,257,respectively related to non-employee options.
June 30, 2016,Milestone Scientific recognized expense of
$9,596respectively related to non-employee options.
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.
Reference 1: http://www.xbrl.org/2003/role/presentationRef