Annual report pursuant to Section 13 and 15(d)

Stockholders??? (Deficit) (Tables)

v3.22.1
Stockholders’ (Deficit) (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of option activity and related information
                         
    Number of
Shares
Under Options
    Range of
Option Price
Per Share
    Weighted
Average
Exercise Price
  Weighted
Average
Contractual
Life
Options Outstanding at January 1, 2020     210,743     $ 2.0019.50     $ 6.80   7.5
Options Granted     8,750       4.805.20       5.20    
Exercised     (2,500 )     1.50       2.00    
Expired/Cancelled     (9,246 )     14.0014.40       14.40    
Options Outstanding at December 31, 2020     207,747     $ 2.0015.76     $ 5.2   6.6
Options Granted     82,157       3.035.80       4.50    
Exercised     (6,592 )     2.00       2.00    
Expire/Cancelled     (15,846 )     3.0014.00       5.89    
Options Outstanding at December 31, 2021     267,466     $ 2.0016.00     $ 5.19   6.94
                           
Options Exercisable at December 31, 2021     162,373     $ 2.0016.00     $ 5.83   5.34
Schedule of weighted average fair value of options granted
               
    2021   2020
Weighted average fair value of options granted   $ 5.35     $ 5.20  
Risk-free interest rate     1.311.62 %     0.66-0.83 %
Volatility     217219 %     221223 %
Expected life (years)     10       10  
Dividend yield     0.00 %     0.00 %
Schedule of warrant activity and related information
                               
                Weighted
    Number of   Range of   Weighted   Average
    Shares   Option Price   Average   Contractual
    Under Options   Per Share   Exercise Price   Life
Warrants Outstanding at January 1, 2020     3,333     $ 0.40     $ 0.40       4.50  
Warrants Granted                        
Warrant Outstanding at December 31, 2020     3,333     $ 0.40     $ 0.40       3.50  
Warrant Granted     2,871,250       7.43 - 6.67       6.97        
Exercised     (455,390 )     7.43       7.43        
Expired/Cancelled                        
Warrant Outstanding at December 31, 2021     2,419,193     $ 7.43 - 0.40     $ 6.87       4.67  
                                 
Warrant Exercisable at December 31, 2021     2,419,193     $ 7.43 - 0.40     $ 6.87       4.67