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STOCK OPTIONS (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Options And Stock Awards

The status of the Company’s stock options is summarized as follows:

			Number of options						Weighted average exercise price
Outstanding at December 31, 2021			5,397,691						$	5.95
Granted			1,692,417						10.64
Exercised			(316,506)						3.96
Canceled and forfeited			(253,158)						9.59
Outstanding at December 31, 2022			6,520,444						$	7.12
Granted			1,527,865						2.63
Exercised			(57,000)						2.65
Canceled and forfeited			(648,426)						6.18
Outstanding at December 31, 2023			7,342,883						$	6.31

Schedule of Number of Weighted Average Grant-Date Fair Values of Options

			Number of options						Weighted average grant date fair value
Non-vested at December 31, 2022			2,227,608						$	6.27
Granted			1,527,865						1.95
Vested			(1,195,115)						5.78
Forfeited			(504,577)						4.00
Non-vested at December 31, 2023			2,055,781						$	3.90

Schedule of Option Fair Value Assumptions

Inputs used in the valuation models are as follows:

			2023 Grants												2022 Grants
Exercise price			$2.50			-			$4.21						$5.10			-			$10.96
Risk-free rate			3.6%			-			4.3%						1.6%			-			3.9%
Expected dividend yield			—%												—%
Expected volatility			85.8%			-			88.4%						69.6%			-			78.5%
Expected term (in years)			6												5			-			6

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year.

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