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Share-based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Stock Options and Grants [Abstract]  
Schedule of stock-based compensation expense included in statement of operations



Six Months Ended
June 30,





2023


2022


Payroll and related expenses


$ 3,210,631

$ 1,280,162

 

       Total


$ 3,210,631

$ 1,280,162



Three Months Ended
June 30,





2023

2022


Payroll and related expenses


$ 2,554,362

$ 631,076

 

       Total


$ 2,554,362

$ 631,076
Summary of fair value stock-based option awards granted using Black-Scholes option valuation model



Six Months Ended
June 30,




 2023

2022

Stock options


$

  

  

$

   


Restricted Stock Units   


$

3,210,631

  

  

$

631,076

   


Total
$ 3,210,631

$ 631,076



Three Months Ended
June 30,




 2023

2022

Stock options


$

  

  

$

   


Restricted Stock Units   


$

2,554,362

  

  

$

631,076

   


Total
$ 2,554,362

$ 631,076
Summary of employee stock option activity

 

 

 Shares

 

 

Weighted Average Fair Value Per Share

 

 

Weighted
Average Exercise Price Per Share

 

 

Weighted Average Remaining Terms (in years)

 

 

Aggregate Intrinsic Value

 


Outstanding – December 31, 2022

 

36,436

 

 

24.80

 

 

78.71

 

 

4.34

 

 

 


Granted

 

 

 

 

 

 

 

 

 

 


Exercised 

 

 

 

 

 

 

 

 

 


Cancelled

 

 

 

 

 

 

 

 

 


Outstanding – June 30, 2023

 

36,436

 

 

24.80

 

 

78.71

 

 

3.84

 

 

 


Exercisable – December 31, 2022

 

36,436

 

 

24.80

 

 

78.71

 

 

4.34

 

 

 


Exercisable – June 30, 2023

 

36,436

 

 

24.80

 

 

78.71

 

 

3.84

 

 

 

Schedule of RSU activities


Number of Shares

Non-vested balance at January 1, 2023



1,190,935

 

Granted



585,000

Vested
(1,775,935 )

Forfeited/Expired

Non-vested balance at June 30, 2023