WaveDancer, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Stock-based Compensation (Tables)

Note 4 - Stock-based Compensation (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		Three Months Ended			Three Months Ended					Six Months Ended			Six Months Ended
		June 30, 2019			June 30, 2018					June 30, 2019			June 30, 2018
Risk-free interest rate		2.31%			2.71%	-	2.92%			2.31%			2.65%	-	2.92%
Dividend yield		0%			0%					0%			0%
Expected term (in years)		5			5					5			5
Expected volatility		57.9%			49.5%	-	51.3%			57.9%			49.0%	-	51.3%

Share-based Payment Arrangement, Option, Activity [Table Text Block]

		Options outstanding
						Weighted average			Weighted average		Aggregate
						exercise price			remaining		intrinsic
Incentive Options		Shares				per share			contractual term		value
Outstanding at January 1, 2019			1,376,500			$	0.23
Options granted			-				-
Options exercised			-				-
Options expired			(4,500	)			0.13
Options forfeited			-				-
Outstanding at March 31, 2019			1,372,000			$	0.23
Options granted			3,000				0.21
Options exercised			(10,000	)			0.10
Options expired			(11,000	)			0.08
Options forfeited			(2,500	)			0.46
Outstanding at June 30, 2019			1,351,500			$	0.23		4 years, 4 months		$	33,783
Exercisable at June 30, 2019			1,322,500			$	0.23		4 years, 3 months		$	33,783

Schedule of Nonvested Share Activity [Table Text Block]

		Nonvested
						Weighted average
						grant date
		Shares				fair value
Nonvested at January 1, 2019			148,500			$	0.20
Granted			-				-
Vested			(107,500	)			0.21
Forfeited			-				-
Nonvested at March 31, 2019			41,000			$	0.17
Granted			3,000				0.11
Vested			(12,500	)			0.17
Forfeited			(2,500	)			0.21
Nonvested at June 30, 2019			29,000			$	0.16