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v3.22.1

Stockholder Equity (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2022 | Dec. 31, 2021
Schedule Of Stock Option Activity |
|  | Shares |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |  |  | Weighted Average Remaining Contractual Life (Years) |
Options outstanding at December 31, 2021 |  |  | 12,300,000 |  |  |  | 0.37 |  |  | $ | 4,521,310 |  |  |  | 5.62 |
Granted |  |  | 360,000 |  |  |  | 3.33 |  |  |  | — |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Expired/forfeit |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Options outstanding at March 31, 2022 |  |  | 12,660,000 |  |  |  | 0.45 |  |  | $ | 5,719,310 |  |  |  | 5.39 |
|  | Shares |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |  |  | Weighted Average Remaining Contractual Life (Years) |
Options outstanding at December 31, 2019 |  |  | 12,180,500 |  |  |  | 0.20 |  |  | $ | 4,750,395 |  |  |  | 5.59 |
Granted |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Expired/forfeit |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Options outstanding at December 31, 2020 |  |  | 12,180,500 |  |  |  | 0.20 |  |  | $ | 4,750,395 |  |  |  | 4.59 |
Granted |  |  | 2,885,000 |  |  |  | 1.20 |  |  |  | — |  |  |  | — |
Exercised |  |  | (225,500 | ) |  |  | 0.19 |  |  |  | — |  |  |  | — |
Expired/forfeit |  |  | (2,540,000 | ) |  |  | 0.17 |  |  |  | — |  |  |  | — |
Options outstanding at December 31, 2021 |  |  | 12,300,000 |  |  |  | 0.37 |  |  | $ | 4,521,310 |  |  |  | 5.62 |
Schedule Of Warrant Activity |
|  | Shares |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |  |  | Weighted Average Remaining Contractual Life (Years) |
Balance at December 31, 2021 |  |  | 1,250,000 |  |  |  | 2.50 |  |  | $ | 437,500 |  |  |  | 2.96 |
Issued |  |  | — |  |  |  | — |  |  | —— |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance at March 31, 2022 |  |  | 1,250,000 |  |  |  | 2.50 |  |  | $ | 437,500 |  |  |  | 2.72 |
|  | Options |
Options Unvested at December 31, 2019 |  |  | — |
Granted |  |  | — |
Vested |  |  | — |
Expired/forfeit |  |  | — |
Options Unvested at December 31, 2020 |  |  | — |
Granted |  |  | 2,885,000 |
Vested |  |  | (379,817 | )
Expired/forfeit |  |  | (40,000 | )
Options Unvested at December 31, 2021 |  |  | 2,465,183 |
Stock Option [Member] |  |
Schedule Of Stock Option Assumptions |
|  | March 31, 2022 |
Dividend yield |  |  | 0.00% |
Expected life |  | 5.65 – 5.75 Years |
Expected volatility |  | 37.73 – 39.18% |
Risk-free interest rate |  | 1.44 – 2.12% |
|  | For the years ended |
|  | 2021 |  |  | 2020 |
Dividend yield |  |  | 0.00 | % |  |  | — |
Expected life |  | 5.49 – 6.25 Years |  |  | — |
Expected volatility |  | 38.39- 38.67 | % |  |  | — |
Risk-free interest rate |  | 0.87– 1.07 | % |  |  | — |
|  | For the years ended |
|  | 2021 |  |  | 2020 |
Dividend yield |  |  | 0.00 | % |  |  | — |
Expected life |  | 1 - 3 Years |  |  |  | — |
Expected volatility |  | 42.39% - 45.24% |  |  |  | — |
Risk-free interest rate |  | 0.600% - 0.795% |  |  |  | — |
|  | Shares |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |  |  | Weighted Average Remaining Contractual Life (Years) |
Balance at December 31, 2019 |  |  | 950,000 |  |  |  | 0.11 |  |  | $ | 690,500 |  |  |  | 1.44 |
Issued |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance at December 31, 2020 |  |  | 950,000 |  |  |  | 0.11 |  |  | $ | 690,500 |  |  |  | 0.44 |
Issued |  |  | 5,033,333 |  |  |  | 0.85 |  |  | — |  |  |  | — |
Exercised |  |  | (4,733,333 | ) |  |  | 0.26 |  |  |  | — |  |  |  | — |
Balance at December 31, 2021 |  |  | 1,250,000 |  |  |  | 2.50 |  |  | $ | 437,500 |  |  |  | 2.96 |

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 + Details
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