v3.21.1
Stockholders’ Deficit (Tables)
 12 Months Ended
Dec. 31, 2020
Schedule of Black Scholes pricing model with range of inputs

 

 

December 31,
2019

 

Expected volatility

 

 

45

%

Risk-free interest rate

 

 

1.73 – 2.39

%

Expected life in years

 

 

5.56

 

Expected dividend yield

 

 

0

%

Schedule of unvested restricted shares

 

 

Number of shares

 

 

Weighted average grant date fair value
per share

 

Unvested as of December 31, 2019

 

 

303,150

 

 

 

3.58

 

Granted

 

 

606,500

 

 

$

5.94

 

Vested

 

 

(284,648

 )

 

 

3.64

 

Forfeited

 

 

(109,650

 )

 

 

3.08

Unvested as of December 31, 2020

 

 

515,352

 

 

$

6.12

 

Warrant [Member]  
Schedule of the stock options activity

 

 

Number of shares

 

 

Weighted average exercise
price

 

 

Weighted average remaining contractual life (years)

 

Outstanding at December 31, 2018

 

 

1,246,025

 

 

$

3.60

 

 

 

3.60

 

    Granted

 

 

—

 

 

 

—

 

 

 

—

 

    Exercised

 

 

(745,286

 )

 

 

—

 

 

 

—

 

    Forfeited or expired

 

 

—

 

 

—

 

 

 

—

 

Outstanding at December 31, 2019

 

 

500,739

 

 

$

3.71

 

 

 

2.68

 

    Granted

 

 

—

 

 

 

—

 

 

 

—

 

    Exercised

 

 

(15,000

 )

 

 

—

 

 

 

—

 

    Forfeited or expired

 

 

—

 

 

 

—

 

 

 

—

 

Outstanding at December 31, 2020

 

 

485,739

 

 

$

3.63

 

 

 

1.65

 

Stock Options [Member]  
Schedule of the stock options activity

 

 

Number of shares

 

 

Weighted average exercise
price

 

 

Weighted average remaining contractual life (years)

 

 

Aggregate Intrinsic value

 

Outstanding at December 31, 2019

 

 

2,253,206

 

 

$

2.60

 

 

 

8.19

 

 

 

 

 

Granted

 

 

—

 

 

$

—

 

 

 

—

 

 

 

 

 

Exercised

 

 

(85,939

 )

 

 

1.28

 

 

 

—

 

 

 

 

 

    Forfeited or expired

 

 

(1,514,627

)

 

 

3.38

 

 

 

—

 

 

 

 

 

Outstanding at December 31, 2020

 

 

652,640

 

 

$

0.91

 

 

 

6.38

 

 

$

4,063,176

 

Vested and expected to vest at December 31, 2020

 

 

652,640

 

 

$

0.91

 

 

 

6.38

 

 

$

4,063,176

 

Exercisable at December 31, 2020

 

 

640,478

 

 

$

0.90

 

 

 

6.4

 

 

$

3,999,742