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v3.24.1.1.u2

Stockholders’ Equity (Tables) | 3 Months Ended
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Mar. 31, 2024
Defined Benefit Plan Disclosure [Line Items] |
Schedule of restricted stock units |
Schedule of restricted stock units |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Restricted Stock Units Outstanding |  | Weighted |  |
|  | Number of |  | Weighted Average Grant – Date |  | Average Remaining life |  | Aggregate Intrinsic
|  | Units |  | Fair Value Price |  | (years) |  | Value
Outstanding, December 31, 2023 |  |  |  | 67,250 |  |  | $ | 2.25 |  |  |  | 2.07 |  |  | $ | 57,842 |
Granted |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Forfeited/canceled |  |  |  | (11,086 | ) |  |  | (2.25 | ) |  |  |  |  |  |  | (9,535 | )
Outstanding, March 31, 2024 |  |  |  | 56,164 |  |  | $ | 2.25 |  |  |  | 2.35 |  |  | $ | 48,307 |
Twin Vee [Member] |
Defined Benefit Plan Disclosure [Line Items] |
Schedule of assumptions |
Schedule of assumptions |  |  |  |  |  |  |  |
|  |  | Three months ended |
|  |  | March 31, 2024 |
|  |  | 2024 |  |  |  | 2023 |
Expected term |  |  | 5 years |  |  |  | 4.94 - 5 years |
Expected average volatility |  |  | 27 - 46% |  |  |  | 49 - 50% |
Expected dividend yield |  |  | — |  |  |  | — |
Risk-free interest rate |  |  | 1.50 –4.45% |  |  |  | 1.50 – 2.96% |
Schedule of option activity |
Schedule of option activity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Options Outstanding |  | Weighted Average |  |
|  | Number of Options |  | Weighted Average Exercise Price |  | Remaining life (years) |  | Grant Date Fair value of option
Outstanding, December 31, 2023 |  |  |  | 1,271,016 |  |  | $ | 3.99 |  |  |  | 8.04 |  |  |  | 2,213,147 |
Granted |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Exercised |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Expired |  |  |  | (8,906 | ) |  |  | (2.73 | ) |  |  | — |  |  |  | (11,109 | )
Forfeited/canceled |  |  |  | (25,695 | ) |  |  | (1.77 | ) |  |  | — |  |  |  | (18,929 | )
Outstanding, March 31, 2024 |  |  |  | 1,236,415 |  |  | $ | 4.04 |  |  |  | 3.75 |  |  |  | 2,183,109 |
Exercisable options, March 31, 2024 |  |  |  | 931,533 |  |  | $ | 4.39 |  |  |  | 4.37 |  |  |  |  |
Forza [Member] |
Defined Benefit Plan Disclosure [Line Items] |
Schedule of assumptions |
Schedule of assumptions |  |  |  |
|  |  | Three Months Ended |
|  |  | March 31, |
|  |  | 2024 |
Expected term |  |  | 5 years |
Expected average volatility |  |  | 108 - 113% |
Expected dividend yield |  |  | — |
Risk-free interest rate |  |  | 2.98 - 4.72% |
Schedule of option activity |
Schedule of option activity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Options Outstanding |  | Weighted Average |  |
|  | Number of |  | Weighted Average |  | Remaining life |  | Grant Date
|  | Options |  | Exercise Price |  | (years) |  | Fair value of option
Outstanding, December 31, 2022 |  |  |  | 1,441,500 |  |  | $ | 3.41 |  |  |  | 0.05 |  |  | $ | 4,009,913 |
Granted |  |  |  | 518,000 |  |  |  | 0.70 |  |  |  | 9.76 |  |  |  | 287,835 |
Exercised |  |  |  | — |  |  |  | — |  |  |  |  |  |  |  |  |
Forfeited/canceled |  |  |  | (69,583 | ) |  |  | 1.24 |  |  |  | 9.62 |  |  |  | (40,248 | )
Outstanding, December 31, 2023 |  |  |  | 1,889,917 |  |  | $ | 2.75 |  |  |  | 9.36 |  |  | $ | 4,257,500 |
Granted |  |  |  | — |  |  |  | — |  |  |  | 0 |  |  |  |  |
Exercised |  |  |  | — |  |  |  | — |  |  |  | 0 |  |  |  |  |
Forfeited/canceled |  |  |  | (396,843 | ) |  |  | 1.66 |  |  |  | 8.98 |  |  |  | (69,413 | )
Outstanding, Mach 31, 2024 |  |  |  | 1,493,074 |  |  | $ | 2.75 |  |  |  | 8.78 |  |  | $ | 4,188,087 |
Exercisable options, March 31, 2024 |  |  |  | 748,750 |  |  | $ | 3.48 |  |  |  | 8.58 |  |  |  |  |

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