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Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Stock Option Activity

Schedule of Stock Option Activity
		Options				Weighted-Average Exercise Price Per Share
Outstanding, December 31, 2019			1,764,500			$	1.92
Granted			561,236			$	2.27
Exercised			–				–
Forfeited			(125,000	)		$	2.20
Expired			–				–
Outstanding, December 31, 2020			2,200,736			$	2.00
Granted			739,000			$	2.99
Exercised			–				–
Forfeited			(75,000	)		$	2.06
Expired			–				–
Outstanding, December 31, 2021			2,864,736			$	2.25

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
		Year Ended December 31, 2021				Year Ended December 31,2020
Fair value of common stock on measurement date			$1.80 to $3.36 per share				$2.06 to $2.47 per share
Risk free interest rate (1)			0.28% to 1.28%				0.33% to 0.82%
Volatility (2)			128.17% to 130.72%				122.79% to 128.57%
Dividend yield (3)			0%				0%
Expected term (in years)			5.5 - 6.3				5.5 - 6.3

Schedule of warrant activity

Schedule of warrant activity
		Warrants				Weighted-Average Exercise Price Per Share
Outstanding, December 31, 2019			3,986,630			$	3.99
Granted			2,875,000			$	2.20
Exercised			–				–
Forfeited			–				–
Expired			–				–
Outstanding, December 31, 2020			6,861,630			$	3.24
Granted			–				–
Exercised			(2,646,653	)		$	0.82
Forfeited			–				–
Expired			–				–
Outstanding, December 31, 2021			4,214,977			$	4.76

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Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

+ References

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-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
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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 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.

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