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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Compensation  
Schedule of company's stock option plan

    

    

Weighted

Average

Exercise

Stock Option Plan Totals

Shares

Price

Outstanding at December 31, 2021

 

2,604,023

$

1.03

-Cancelled

(11,781)

$

3.75

-Exercised

(583,273)

$

1.15

-Granted (1)

381,181

$

4.33

Outstanding at December 31, 2022

 

2,390,150

$

1.51

-Cancelled

(850)

$

4.20

-Exercised

(10,773)

$

3.84

-Granted (2)

484,701

$

10.10

Outstanding at March 31, 2023, unaudited

 

2,863,228

$

2.95

(1)Options to purchase 381,181 shares were granted in 2022, of which options to purchase 40,588 shares vested immediately in 2022 and the remainder vested 50% immediately and 50% one year after the date of the grants.
(2)Options to purchase 467,301 shares were granted in 2023, of which options to purchase 233,651 shares vested immediately in 2023 and the remainder vested 50% one year after the date of the grants. In addition, 17,400 stock appreciation rights were granted in January 2023 with a six- month vesting period.
Schedule of weighted average contractual life in years and the weighted average exercise price

    

    

    

Weighted

    

Average

Weighted 

Remaining

Average

    

Number of

    

Contractual

    

Exercise

Options

Life

Price

Options outstanding and vested

 

2,610,668

 

4.87

years  

$

2.26