STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

SCHEDULE OF STOCK-BASED COMPENSATION

Stock-based compensation, including restricted stock awards, stock options and warrants is included in the unaudited condensed consolidated statement of operations as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Research and development	$	20,708	$	15,873	$	44,194	$	31,745
Sales and marketing		60,633		38,120		124,082		72,705
General and administrative		1,556,730		96,956		3,169,218		202,958
Total	$	1,638,071	$	150,949	$	3,337,494	$	307,408

SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY

The following table reflects the stock option activity:

	Number of Shares			Weighted Average Exercise Price			Contractual Life (Years)
Outstanding at December 31, 2020		1,920,269		$	4.40			8.66
Exercised		(469,576	)		(2.25	)
Forfeitures		(2,500	)		(2.52	)
Outstanding at June 30, 2021		1,448,193		$	4.98			8.46

SCHEDULE OF STOCK-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS

The Company uses the following inputs when valuing stock-based awards.

	Six Months Ended June 30,
	2021		2020
Expected life (years)		N/A		5.0
Risk-free interest rate		N/A		0.70	%
Expected volatility		N/A		4.40	%
Total grant date fair value	$	N/A	$	3.84

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY

The following table reflects the restricted stock activity:

	Number of Shares			Weighted Average Grant Price
Outstanding at December 31, 2020		1,072,503		$	5.30
Granted		172,000			7.66
Vested		(681,724	)		4.85
Forfeitures		(42,612	)		3.17
Outstanding at June 30, 2021		520,167		$	6.84