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Stock Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of fair value of the sole stock option grant
   Three Months Ended
March 31,
 
   2022   2021 
Risk-free interest rate   0.71%   0.06%
Expected term (in years)   4     .5 - 2  
Volatility   60%   65%
Dividend yield   0%   0%

 

Schedule of company’s stock option activity
   Options
Shares
   Weighted
Average
Exercise
Price
   Weighted
Average
Remaining
Contractual
Life in Years
   Aggregate
Intrinsic
Value
 
Balance as of, December 31, 2021   8,422,972   $6.21    8.77   $24,706,020 
Granted/ Vested during the year   650,122    3.61    9.89    
-
 
Exercised during the year   195,152    1.92    6.77    
-
 
Cancelled during the year   (47,195)   6.78    8.83    
-
 
Balance as of, March 31, 2022   9,221,051    6.37    8.66   $25,461,022 
Options vested and exercisable at March 31, 2022   2,757,391   $4.04    7.05   $15,040,545 

 

Schedule of activity under RSUs
   RSUs   Weighted-
Average Grant
Date Fair
Value Per RSU
 
Balance as of, December 31, 2021   50,192   $9.97 
Granted   146,853    7.15 
Vested and issued   (8,258)   9.97 
Forfeited   
-
    
-
 
Balance as of, March 31, 2022   188,787    7.78 
Vested and unissued at March 31, 2022   
-
    
-
 
Non-vested at March 31, 2022   188,787    7.78