XML 47 R37.htm IDEA: XBRL DOCUMENT v3.22.2.2
Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of fair value of the sole stock option grants
   Period Ended
September 30,
2022
 
   2022   2021 
Risk-free interest rate   .07% - 2.8%   .15% - .62%
Expected term (in years)   4    .5 - 2  
Volatility   60% - 64%   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   2,183,026    5.92    9.07    
-
 
Exercised during the year   (1,637,159)   2.04    5.47    
-
 
Cancelled during the year   (706,642)   7.71    8.82    
-
 
Balance as of September 30, 2022   8,262,197    7.04    8.72   $22,950,815 
Options vested and exercisable at September 30, 2022   2,502,717   $6.11    8.30   $10,010,617 

 

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 during the year    (16,645)   9.97 
Forfeited   
-
    
-
 
Balance as of, September 30, 2022   180,400    7.67 
Vested and unissued at September 30, 2022   
-
    
 
 
Non-vested at September 30, 2022   180,400    7.67