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Stock-Based Compensation Expense (Tables)
9 Months Ended
Sep. 30, 2022
Shares Granted or Issued, Share-Based Payment Arrangement [Abstract]  
Schedule of stock options vested and exercisable
   Shares   Weighted-
average
exercise
price
   Weighted-
average
remaining
contractual term
(years)
   Aggregate
intrinsic
value
 
Outstanding as of December 31, 2021   8,769,694   $1.20    7.15   $15,746,916 
Granted   1,901,500    1.76    -    
-
 
Exercised   (717,041)   0.16    -    1,012,175 
Cancelled/forfeited   (136,709)   2.79    -    
-
 
Outstanding as of September 30, 2022   9,817,444   $1.36    7.09   $4,217,271 
Vested and expected to vest at September 30, 2022   9,817,444   $1.36    7.09   $4,217,271 
Vested and exercisable at September 30, 2022   5,962,393   $0.64    5.73   $4,175,407 

 

Schedule of restricted stock units and activity
   Shares   Weighted-
average
grant date
fair value
 
Unvested shares at December 31, 2021   
-
   $
-
 
RSUs granted   244,566    5.52 
RSUs vested   (16,302)   5.52 
RSUs forfeited   
-
    
-
 
Unvested Shares at September 30, 2022   228,264   $5.52 

 

Schedule of weighted average fair value of each grant estimated on grant date
   Nine Months Ended
September 30,
 
   2022   2021 
Fair value of common stock  $1.76   $
-
 
Expected term (in years)   6.05    
-
 
Risk-free rate   2.6%   
-
%
Expected volatility   40.3%   
-
%
Dividend yield   
-
%   
-
%