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Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity  
Schedule of status of the restricted stock grants issued under the Equity Plan

The Year Ended December 31,

 

2021

2020

 

    

    

Weighted 

    

    

Weighted 

 

Average Grant 

Average 

 

 Date Fair 

Grant Date 

 

Number of 

 Value Per 

Number of 

Fair Value 

 

Restricted Stock Grants

Shares

 Share

Shares

Per Share

 

Outstanding at beginning of period

224,002

$

0.36

318,003

$

0.30

Granted during the period

 

335,000

 

0.67

 

300,000

 

0.42

Restrictions lifted during the period

 

(265,668)

 

0.47

 

(394,001)

 

0.36

Forfeited during the period

 

 

 

 

Outstanding at end of period

293,334

$

0.61

224,002

$

0.36

Schedule of status of the stock option grants issued under the Equity Plan

The Year Ended December 31,

 

2021

2020

 

    

    

Weighted 

    

    

Weighted 

 

Average Grant 

Average 

 

 Date Fair 

Grant Date 

 

Number of 

 Value Per 

Number of 

Fair Value 

Restricted Stock Units

Shares

 Share

Shares

Per Share

 

Outstanding at December 31, 2020

3,610,038

$

0.70

2,830,038

$

0.78

Granted during the period

 

400,000

 

0.60

 

780,000

 

0.40

Restrictions lifted during the period

 

 

 

 

Forfeited during the period

 

 

 

 

Outstanding December 31, 2021

4,010,038

$

0.69

 

3,610,038

$

0.70

Summary of the status of the Company's common stock warrants

Weighted 

 

Number of

Average Exercise 

Underlying

Price Per

Common Stock Warrants 

Shares

Share

Outstanding at December 31, 2019

14,653,846

$

0.39

Granted during the period:

 

April 2020 Series A warrants

7,500,000

0.30

April 2020 Series B warrants

3,750,000

0.30

Exercised during period

 

 

April 2020 Series A warrants

(5,000,000)

0.30

April 2020 Series B warrants

(3,500,000)

0.30

Outstanding at December 31, 2020

17,403,846

0.38

Exercised during period

July 2019 Series A warrants

(200,000)

0.35

July 2019 Series B warrants

(1,500,000)

0.35

April 2020 Series A warrants

 

(1,400,000)

 

0.30

Expired during period

May 2016 warrants

(1,500,000)

0.75

Outstanding December 31, 2021

12,803,846

$

0.34