Annual report pursuant to Section 13 and 15(d)

Stock Options (Tables)

v3.22.1
Stock Options (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of assumptions used
           
   

Year Ended December 31,

 
    2021     2020  
Exercise Price   $1.20 - $3.06     $1.39 - $10.00  
Dividend Yield     0%       0%  
Volatility     99% - 143%       121% - 122%  
Risk-free interest rate     0.41% - 1.26%       0.31% - 0.39%  
Expected life of options     5.0 years       5.0 years  
Schedule of stock option activity
                       
    Number of Shares     Weighted- Average Remaining Contractual Life     Weighted- Average Exercise Price  
Outstanding at December 31, 2019     1,289,866       6.49     $ 7.18  
Granted     8,880,000       9.91     $ 1.66  
Exercised               $  
Forfeited/Cancelled     (2,000 )     3.18     $ 1.99  
Expired     (1,051,690 )         $ 2.71  
Outstanding at December 31, 2020     9,116,176       9.84     $ 1.69  
Granted     1,246,136       4.38     $ 2.36  
Exercised               $  
Forfeited/Cancelled     (165,000 )     3.73     $ 2.79  
Expired               $  
Outstanding at December 31, 2021     10,197,312       7.96     $ 1.75  
                         
Unvested at December 31, 2021     2,877,804       6.48     $ 2.41  
Vested and exercisable December 31, 2021     7,319,508       8.54     $ 1.49