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Stock Options (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of stock option
   Number of
options
   Weighted
average
exercise
price
   Weighted
average
contractual
term
(years)
   Aggregate
intrinsic
value
 
Outstanding at January 1, 2021   2,595,700   $1.92    
 
   $2,491,026 
Granted   626,238    2.52         74,482 
Exercise   (82,333)   0.83         151,544 
Forfeited   (58,701)   2.65         58,285 
Outstanding at December 31, 2021   3,080,904   $2.06    6.7   $1,923,642 
Vested and exercisable at December 31, 2021   2,307,571   $2.04    6.9   $1,674,967 
                     
Outstanding at January 1, 2020   2,004,318   $1.72    
 
   $2,542,361 
Granted   860,465    2.38         
 
 
Exercised   (7,166)   0.79         6,523 
Forfeited   (261,917)   1.90         134,070 
Outstanding at December 31, 2020   2,595,700   $1.92    7.60   $2,491,026 
Vested and exercisable at December 31, 2020   1,730,198   $1.90    7.82   $
1.967,071
 

 

Schedule of measured fair value of each option award grant using the black-scholes-merton (BSM) pricing model
    2021     2020  
Exercise price   $ 2.52     $ 2.38  
Expected life     5 years       5 years  
Expected volatility     91.2 %     76 %
Dividend yield     0 %     0 %
Risk-free interest rate     0.57%       1.07%