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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

The following table sets forth the total stock-based compensation expense resulting from stock options, restricted stock and warrants included in our Condensed Consolidated Statements of Operations:

 

   Three Months Ended September 30,  

Nine Months Ended

September 30,

 
   2021   2020   2021   2020 
General and administrative — employee      $87,277       $260,598 
Total employee stock-based compensation  $   $87,277   $   $260,598 
Schedule of Stock Options Activity

Presented below is our stock option activity:

  

Nine Months Ended September 30, 2021

 
  

Number of Options

(Employees)

  

Number of Options

(Non-Employees)

   Total Number of Options   Weighted-Average Exercise Price 
Outstanding at January 1, 2021   2,801,270    365,000    3,166,270   $7.43 
Exercised   (300,000)       (300,000)  $0.26 
Forfeited or expired   (3,570)       (3,570)  $30.24 
Outstanding at September 30, 2021   2,497,700    365,000    2,862,700   $8.15 
Exercisable at September 30, 2021   2,497,700    365,000    2,862,700   $8.15 
Schedule of Ranges of Stock Options

The following table summarizes significant ranges of outstanding stock options under our plans at September 30, 2021:

 


Range of Exercise Prices
   Number of Options   Weighted- Average Remaining Contractual Life (years)   Weighted-Average Exercise Price   Number of Options Exercisable   Weighted- Average Remaining Contractual Life (years)   Weighted-Average Exercise Price 
$0.26 - $1.00    550,000    8.21   $0.26    550,000    8.21   $0.26 
$1.01 – $3.00    1,050,673    5.86   $2.04    1,050,673    5.86   $2.04 
$3.01 – $15.00    852,360    3.22   $12.56    852,360    3.22   $12.56 
$15.01 –$42.42    409,667    2.37   $25.24    409,667    2.37   $25.24 
     2,862,700    5.02   $3.32    2,862,700    5.02   $3.32