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v3.23.1

Warrants (Tables) | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2023 | Dec. 31, 2022
Warrants. |  |
Schedule of changes in warrant liability | ​
​ | ​ | ​ | ​
​ |  | Warrants ($)
Balance as of January 1, 2022 | ​ | $ | 374,694
Additional warrants issued | ​ | ​ | —
Change in fair value | ​ | ​ | (113,125)
Balance as of December 31, 2022 | ​ | $ | 261,569
Additional warrants issued | ​ | ​ | —
Change in fair value | ​ | ​ | 1,340
Balance as of March 31, 2023 | ​ | $ | 262,909
​ | ​
​ | ​ | ​ | ​
​ | ​ | ​ | Warrants ($)
Balance as of January 1, 2021 | ​ | $ | 287,750
Additional warrants issued | ​ |  | —
Change in fair value | ​ | ​ | 86,944
Balance as of December 31, 2021 | ​ | $ | 374,694
Additional warrants issued | ​ | ​ | —
Change in fair value | ​ | ​ | (113,125)
Balance as of December 31, 2022 | ​ | $ | 261,569
​
Schedule of assumptions used to calculate the fair value of warrants liabilities | ​
​ | ​ | ​ | ​ | ​
Fair Value of Warrants |  | $ | 2.57 | ​
Exercise price | ​ | $ | 0.96 | ​
Risk free interest rate | ​ | ​ | 4.09 | %
Expected dividend yield | ​ | ​ | — | %
Expected volatility | ​ | ​ | 92.90 | %
Expected term | ​ | ​ | 3 years | ​
​ | The following assumptions were used to calculate the fair value of warrants liabilities during the year ended December 31, 2022: ​
​ | ​ | ​ | ​ | ​
Fair Value of Warrants |  | $ | 1.80 – 13.10 | ​
Exercise price | ​ | $ | 1.00 – 1.05 | ​
Risk free interest rate | ​ |  | 2.09 - 4.05 | %
Expected dividend yield | ​ |  | — | %
Expected volatility | ​ |  | 53.22 - 104.50 | %
Expected term | ​ |  | 1-3 | years
​
Schedule of warrant issuance date | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | As of March 31, |  | As of December 31,
Warrant Issuance Date | ​ | Strike Price | ​ | 2023 | ​ | 2022
November 9, 2016 | ​ | $ | 3.12 | ​ | 80,128 | ​ | 80,128
January 23, 2020 | ​ | $ | 8.00 | ​ | 186,442 | ​ | 186,442
January 23, 2020 | ​ | $ | 8.00 | ​ | 524,599 | ​ | 524,599
August – December 2021 | ​ | $ | 20.00 | ​ | — | ​ | 268,743
January – February 2022 | ​ | $ | 20.00 | ​ | — | ​ | 15,171
September 14, 2022 | ​ | $ | 8.85 | ​ | 390,000 | ​ | 390,000
Total warrants outstanding | ​ | ​ | ​ | ​ | 1,181,169 | ​ | 1,465,083
​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
Warrant Issuance Date |  | Strike Price |  | 2022 |  | 2021
September 30, 2016 | ​ | $ | 0.8320 |  | — |  | 80,128
November 9, 2016 | ​ | $ | 3.1200 |  | 80,128 |  | 80,128
January 23, 2020 | ​ | $ | 8.0000 |  | 186,442 |  | 186,442
January 23, 2020 | ​ | $ | 8.0000 |  | 524,599 |  | 932,111
August – December 2021 | ​ | $ | 20.0000 |  | 268,743 |  | 271,593
January – February 2022 | ​ | $ | 20.0000 | ​ | 15,171 | ​ | —
September 14, 2022 | ​ | $ | 8.8500 | ​ | 390,000 | ​ | —
Total warrants outstanding | ​ |  | ​ | ​ | 1,465,083 |  | 1,550,402
​

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- Definition Tabular disclosure of the nature and terms of the financial instruments and the rights and obligations embodied in those instruments, information about settlement alternatives, if any, in the contract and identification of the entity that controls the settlement alternatives including: a. The amount that would be paid, or the number of shares that would be issued and their fair value, determined under the conditions specified in the contract if the settlement were to occur at the reporting date b. How changes in the fair value of the issuer's equity shares would affect those settlement amounts (for example, "the issuer is obligated to issue an additional x shares or pay an additional y dollars in cash for each $1 decrease in the fair value of one share") c. The maximum amount that the issuer could be required to pay to redeem the instrument by physical settlement, if applicable d. The maximum number of shares that could be required to be issued, if applicable e. That a contract does not limit the amount that the issuer could be required to pay or the number of shares that the issuer could be required to issue, if applicable f. For a forward contract or an option indexed to the issuer's equity shares, the forward price or option strike price, the number of issuer's shares to which the contract is indexed, and the settlement date or dates of the contract, as applicable. g. The components of the liability that would otherwise be related to shareholders' interest and other comprehensive income (if any) subject to the redemption feature (for example, par value and other paid in amounts of mandatorily redeemable instruments are disclosed separately from the amount of retained earnings or accumulated deficit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section 45 -Paragraph 2A -URI https://asc.fasb.org/extlink&oid=118255708&loc=SL5909891-110878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=109262807&loc=d3e22026-110879 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=109262807&loc=d3e22047-110879 + Details
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