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Equity Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of stock-based compensation expense

		Three Months ended September 30,								Nine Months ended September 30,
		2022				2021				2022				2021
Stock options		$	238,233			$	265,407			$	762,340			$	894,892
Performance share units			149,065				-				187,663				-
Total stock-based compensation		$	387,298			$	265,407			$	950,003			$	894,892

Schedule of measured the fair value of each stock option award on the date of grant using the black-scholes-merton

		Nine months ended September 30, 2022		Nine months ended September 30, 2021
Exercise price		$ 0.9 to 1.86		$ 2.38 to 3.09
Expected life		6 years		5 years
Expected volatility		69%		92%
Dividend yield		0%		0%
Risk-free interest rate		1.89 to 4.02 %		0.31 to 0.98 %

Schedule of stock option

		Number of options				Weighted average exercise price				Weighted average contractual term (years)				Aggregate intrinsic value
Outstanding at January 1, 2022			3,080,904			$	2.06							$	1,923,642
Granted			1,094,002				1.50								-
Exercised			(308,526	)			0.85								480,029
Forfeited			(7,333	)			2.22								2,273
Expired			(25,000	)			1.70								-
Outstanding at September 30, 2022			3,834,047			$	2.00				6.96			$	1,219,962
Vested and exercisable at September 30, 2022			2,694,862			$	2.10				6.48			$	928,330
Outstanding at January 1, 2021			2,595,700			$	1.92							$	2,491,026
Granted			592,348				2.52								-
Exercised			(30,999	)			0.81								68,278
Forfeited			(43,334	)			2.13								53,952
Outstanding at September 30, 2021			3,113,715			$	2.04				6.94			$	3,855,698
Vested and exercisable at September 30, 2021			2,127,537			$	2.03				7.02			$	2,850,630

Schedule of activity in performance share units

		Number of performance share units				Weighted average grant date fair value
Non- vested at January 1, 2022			-				-
Granted			790,327			$	1.53
Forfeited/ unearned			-				-
Vested			-				-
Non- vested at September 30, 2022			790,327			$	1.53

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The table of of stock-based compensation expense.

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Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

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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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