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Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2023
Stockholders’ Equity [Abstract]  
Schedule of stock options
   Shares   Weighted
Average
Exercise Price
   Weighted
Average
Contractual Term
Outstanding
   Intrinsic
Value
 
Outstanding at December 31, 2022   22,848,385   $0.3666    6.42   $203,236,473 
Granted   512,500    2.1183    9.90    3,989,820 
Exercised   (175,000)   (0.0957)   5.61    (1,749,829)
Forfeited or expired   (30,451)   -    
-
    (301,566)
Outstanding at March 31, 2023   23,155,434    0.4053    6.26    219,931,432 
                     
Outstanding and exercisable at March 31, 2023   20,467,654    0.1967    7.08    198,671,334 

 

Schedule of black-scholes- merton option-pricing model applying the assumptions
    Three Months Ended
March 31,
 
    2023     2022  
Assumptions:            
Risk-free interest rate     1.26 – 1.30 %     1.16 – 1.30 %
Expected dividend yield     0 %      0 %
Expected volatility     112.6 –111.62 %     126 %
Expected life (in years)     6       5  

 

Schedule of fair value of restricted stock and restricted stock units
   Restricted Stock Outstanding 
   Shares   Weighted
Average
Fair Value
per Share
at Grant Date
 
         
Nonvested at December 31, 2022   2,819,545   $1.9396 
Granted – restricted stock units and awards   975,909    1.80 
Granted – performance-based stock units   
-
    
-
 
Canceled   
-
    
-
 
Vested *   (215,000)   0.51 
Nonvested at March 31, 2023   3,580,454   $1.9877 

 

Schedule of unrecognized stock-based compensation related to a lockup agreement
   Warrant Activity 
   Shares   Weighted
Average
Exercise
Price
   Weighted
Average
remaining
Contractual
Term
(years)
 
Outstanding at December 31, 2022   1,750,000   $0.0600    6.53 
Granted   
-
    
-
    
-
 
Exercised   
-
    
-
    
-
 
Forfeited   
-
    
-
    
-
 
Outstanding and exercisable at March 31, 2023   1,750,000   $0.0600    6.28 

 

Schedule of range exercise prices warrants outstanding and exercisable
   Warrants Outstanding   Warrants Exercisable 
Range of Exercise Prices  Shares
Outstanding
   Weighted
Avg.
Remaining
Contractual
Life in
Years
   Weighted
Avg.
Exercise
Price
   Shares
Exercisable
   Weighted Avg.
Exercise
Price
 
$0.05 – $0.07   1,750,000    6.28   $0.0600    1,750,000   $0.0600 
    1,750,000    6.28   $0.0600    1,750,000   $0.0600