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Stock Options (Table)
3 Months Ended
Mar. 31, 2022
Equity (Tables)  
Stock Options taqble textblock

 

 

February 11,

2021

 

 

March 15,

2021

 

Fair value

 

$604,572

 

 

$9,860

 

Options issued

 

 

283,936

 

 

 

3,572

 

Exercise price

 

$5.60

 

 

$5.60

 

Expected term (in years)

 

 

3.0

 

 

 

3.0

 

Risk-free rate

 

 

0.19%

 

 

0.33%

Volatility

 

 

97.9%

 

 

99.3%

 

 

Number of

Options

 

 

Exercise

Prices

 

Balance December 31, 2020

 

 

150,000

 

 

$

 1.40-1.96

 

Granted

 

 

469,674

 

 

$5.60

 

Exercised

 

 

(101,786)

 

$

1.40-1.96

 

Forfeited

 

 

(10,713)

 

$

1.96-5.60

 

Balance December 31, 2021

 

 

507,175

 

 

$

1.96-5.60

 

Exercised

 

 

(51,789)

 

$

1.96-5.60

 

Balance March 31, 2022

 

 

455,386

 

 

$

1.96-5.60

 

Outstanding and exercisable at March 31, 2022

 

 

455,386

 

 

$

 1.96-5.60