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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of warrant activity
   Number of
Shares
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Life
 
Outstanding on January 1, 2020   1,581,774   $3.30    2.9 Years 
Granted   1,227,389   $4.50    5.0 Years 
Exercised/Cancelled   (985,896)  $

2.70

    - 
Outstanding at December 31, 2020   1,823,267   $4.20    3.4 Years 
Granted   64,286   $8.75    5.0 Years 
Exercised/Cancelled   (483,943)  $3.22    - 
Outstanding at December 31, 2021   1,403,610   $4.61    3.0 Years 

 

Schedule of black - scholes option-pricing model valuation assumption
   2021  2020
Expected Volatility  70%  67% to 75%
Expected Term  1.0 – 5.0 Years  2.5 – 5.9 Years
Risk Free Rate  0.16% to 1.27%  0.33 to 0.5%
Dividend Rate  0.00%  0.00%

 

Schedule of outstanding stock options
   Number of
Shares
   Weighted
Average
Exercise
Price
   Weighted
Average
Contractual
Term (Yrs.)
   Aggregate
Intrinsic
Value
 
Outstanding as of January 1, 2020   3,646,667   $5.40    6.5   $280,000 
Granted   2,089,135   $2.10    10.0   $
-
 
Exercised   (66,667)  $1.50    4.3   $
-
 
Forfeited/cancelled   (23,333)  $6.12    -   $
-
 
Outstanding as of December 31, 2020   5,645,802   $4.50    7.5   $8,283,639 
Granted   4,583,609   $7.56    10.0   $
-
 
Exercised   (599,661)  $1.29    5.0   $3,485,482 
Forfeited/cancelled   (718,756)  $6.52    8.8    
 
 
Outstanding as of December 31, 2021   8,910,994   $6.48       6.7   $67,488,214 
Exercisable as of December 31, 2021   4,957,184   $5.22    4.5   $43,678,807 

 

Schedule of stock option
Exercise Price  Outstanding   Weighted
Average
Contractual
Life (Yrs.)
   Exercisable 
$.03 - $4.00   3,570,045    4.6    3,278,268 
$4.01 - $7.00   162,784    4.5    162,784 
$7.01 - $10.00   3,466,135            9.3    449,464 
$10.01 - $13.50   1,712,030    5.9    1,066,668 
    8,910,994    6.7    4,957,184