XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2
SHARE-BASED COMPENSATION - (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Jun. 29, 2021
Apr. 30, 2022
Jan. 31, 2022
Oct. 31, 2021
Jul. 31, 2021
Jun. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Jun. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Apr. 30, 2021
Share-based compensation                        
Stock options granted (in shares)           770,000       110,000    
Grant exercise price (in dollars per share)                   $ 4.26    
Shares issued during the period 2,875,000                      
Total compensation expense not yet recognized             $ 4,940,891     $ 4,940,891    
Weighted average vesting period                   1 year 9 months 14 days    
Intrinsic value of stock option             0     $ 0    
Weighted average contractual life                   8 years 9 months 10 days    
Weighted average grant date fair value                   $ 4.67    
Vendor                        
Share-based compensation                        
Shares issued during the period                 175,000      
Vendor payment                 $ 343,500      
Pre IPO                        
Share-based compensation                        
Share based compensation expense               $ 0     $ 755,556  
June 2021                        
Share-based compensation                        
Share based compensation expense             181,720 181,720   $ 545,160 1,837,605  
Stock options granted (in shares)           807,500            
Grant exercise price (in dollars per share)           $ 6.26            
June 2021 | Employee | Tranche one                        
Share-based compensation                        
Vesting percentage           40.00%            
June 2021 | Employee | Tranche two                        
Share-based compensation                        
Vesting term of options           36 months            
July 2021 | Vendor                        
Share-based compensation                        
Share based compensation expense             0 0   0 1,095,500  
Stock options granted (in shares)                 100,000      
July 2021 | Vendor | Minimum                        
Share-based compensation                        
Vesting term of options                 6 months      
July 2021 | Vendor | Maximum                        
Share-based compensation                        
Vesting term of options                 3 years      
July 2021 | Executives, Independent Directors, Consultant                        
Share-based compensation                        
Share based compensation expense             490,917 $ 1,888,917   1,472,750 $ 1,888,917  
Stock options granted (in shares)         1,550,000              
Weighted average exercise price (in dollars per share)         $ 6.18              
July 2021 | Executive officers | Tranche one                        
Share-based compensation                        
Vesting percentage         25.00%              
July 2021 | Executive officers | Tranche two                        
Share-based compensation                        
Vesting term of options         36 months              
July 2021 | Independent Directors, Consultant                        
Share-based compensation                        
Vesting term of options         36 months              
January 2022                        
Share-based compensation                        
Share based compensation expense             18,950     126,333    
Stock options granted (in shares)     80,000                  
Grant exercise price (in dollars per share)     $ 4.44                  
Contract term       6 months                
January 2022 | Tranche one                        
Share-based compensation                        
Vesting percentage     25.00%                  
January 2022 | Tranche two                        
Share-based compensation                        
Vesting term of options     36 months                  
April 2022                        
Share-based compensation                        
Share based compensation expense             $ 5,378     $ 30,473    
Stock options granted (in shares)   30,000                    
Grant exercise price (in dollars per share)   $ 3.79                    
April 2022 | Tranche one                        
Share-based compensation                        
Vesting percentage   25.00%                    
April 2022 | Tranche two                        
Share-based compensation                        
Vesting term of options   36 months                    
2021 Equity Incentive Plan                        
Share-based compensation                        
Common stock shares reserved                       2,408,631
Common stock shares available (in shares)                       537,936