Quarterly report pursuant to Section 13 or 15(d)

Stock Options (Tables)

v3.22.2.2
Stock Options (Tables)
 6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of assumptions used
                       
    3/17/2022 Options     4/6/22 Replacement Options     6/23/22 Options  
Exercise Price   $0.90     $0.51-$1.66     $0.78  
Dividend Yield     0%       0%       0%  
Volatility     104%       114%-123%       113%  
Risk-free interest rate     0.41%       2.67%-2.70%       3.14%  
Expected life of options     5.0 years       3.0-4.3 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, 2021     10,197,312       7.96     $ 1.75  
Granted     3,784,515       4.33     $ 1.11  
Exercised     –       –     $ –  
Forfeited/Cancelled     (1,026,915 )     3.30     $ 1.54  
Expired     –       –     $ –  
Outstanding at June 30, 2022     12,954,912       6.88     $ 1.55  
                         
Unvested at June 30, 2022     3,775,901       6.48     $ 1.43  
Vested and exercisable at June 30, 2022     9,179,011       7.05     $ 1.61