Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.22.2
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Schedule of RSUs granted and outstanding
    Unvested Restricted     Weighted Average Grant Date  
    Stock     FV Price  
Unvested as of January 1, 2022    
-
     $
-
  
Granted     12,000       4.05  
Vested     3,500       4.05  
Unvested as of June 30, 2022     8,500       4.05  
Total unrecognized expense remaining   $ 34,425          
Weighted-average years expected to be recognized over     1.5      
-
  

 
Schedule of option activity
          Weighted     Weighted        
          Average     Average        
    Number of     Exercise     Remaining     Intrinsic  
    Options     Price     Term (Years)     Value  
Outstanding, January 1, 2022     2,741,000       4.77       9.4       70,500  
Granted     518,121       1.36      
 
      
 
  
Exercised    
-
      
-
      
 
      
 
  
Expired    
-
      
-
      
 
      
 
  
Forfeited    
-
      
-
      
 
      
 
  
Outstanding, June 30, 2022     3,259,121       4.23       9.1     $
-
  
                                 
Exercisable, June 30, 2022     1,473,391       4.10       9.0     $
-
  

 
Schedule of RSUs granted and outstanding
Risk-free interest rate   2.88%
Expected term in years   5.00-5.77
Expected volatility   91.00%
Expected dividends   0%

 
Schedule of outstanding and exercisable stock options
Stock Options Outstanding     Stock Options Exercisable  
            Weighted        
            Average        
Exercise     Number of     Remaining     Number of  
Price     Shares     Life in Years     Shares  
$ 2.49       50,000       8.4       50,000  
$ 4.43       1,580,000       8.7       877,778  
$ 7.56       436,000       9.1       99,917  
$ 3.95       675,000       9.4       255,729  
$ 1.36       518,121       9.9       189,967  
          3,259,121       9.0       1,473,391