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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of fair value of the sole stock option grants
   Period Ended
June 30, 2022
 
   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     2,028,281       4.67       9.24       -  
Exercised during the year     (613,074 )     1.88       6.57       -  
Cancelled during the year     (417,876 )     7.70       9.05       -  
Balance as of June 30, 2022     9,420,303       6.52       8.55     $ 13,284,689  
Options vested and exercisable at June 30, 2022     2,971,140     $ 5.76       7.42     $ 8,778,770  

 

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 as of June 30, 2022     (8,258 )     9.97  
Forfeited     -       -  
Balance as of June 30, 2022     188,787       7.78  
Vested and unissued at June 30, 2022     -      
 
 
Non-vested at June 30, 2022     188,787       7.78