Schedule of Stock Option Activity |
A
summary of the Company’s outstanding stock option activity for the three months ended June 30, 2022, and 2021 is as follows:
Schedule of Stock Option Activity
|
|
|
|
|
June
30, 2022 |
|
|
|
|
|
|
|
|
|
Weighted- Average
|
|
|
Weighted- Average Remaining Contractual
Life
|
|
|
Intrinsic
|
|
|
|
Options |
|
|
Exercise
Price |
|
|
(Years) |
|
|
Value |
|
As of
December 31, 2021 |
|
|
833,892 |
|
|
$ |
3.91 |
|
|
|
8.7 |
|
|
|
87,553 |
|
Granted |
|
|
357,000 |
|
|
|
0.45 |
|
|
|
10.0 |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Forfeited |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
(3 |
) |
|
|
139,237.86 |
|
|
|
- |
|
|
|
- |
|
As
of June 30, 2022 |
|
|
1,190,889 |
|
|
$ |
2.38 |
|
|
|
8.6 |
|
|
$ |
- |
|
Exercisable
at June 30, 2022 |
|
|
462,229 |
|
|
$ |
5.22 |
|
|
|
8.1 |
|
|
$ |
- |
|
Vested
and expected to vest at June 30, 2022 |
|
|
1,117,329 |
|
|
$ |
2.47 |
|
|
|
8.6 |
|
|
$ |
- |
|
|
|
|
|
|
June
30, 2021 |
|
|
|
|
|
|
|
|
|
Weighted- Average
|
|
|
Weighted- Average Remaining Contractual
Life
|
|
|
Intrinsic
|
|
|
|
Options |
|
|
Exercise
Price |
|
|
(Years) |
|
|
Value |
|
As of
December 31, 2020 |
|
|
465,393 |
|
|
$ |
5.53 |
|
|
|
9.3 |
|
|
|
- |
|
Granted |
|
|
368,500 |
|
|
|
1.93 |
|
|
|
10.0 |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Forfeited |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
As
of June 30, 2021 |
|
|
833,893 |
|
|
$ |
3.98 |
|
|
|
9.2 |
|
|
$ |
743,089 |
|
Exercisable
at June 30, 2021 |
|
|
376 |
|
|
$ |
6,977.42 |
|
|
|
3.8 |
|
|
$ |
- |
|
Vested
and expected to vest at June 30, 2021 |
|
|
833,893 |
|
|
$ |
3.98 |
|
|
|
9.2 |
|
|
$ |
743,089 |
|
|
Schedule of Unrecognized Stock-based Compensation |
Unrecognized
stock-based compensation as of June 30, 2022, is as follows (in thousands):
Schedule of Unrecognized Stock-based Compensation
|
|
|
|
|
Weighted Average
|
|
|
|
Unrecognized Stock-Based
|
|
|
Remaining
of
Recognition
|
|
|
|
Compensation |
|
|
(in
years) |
|
Stock
options |
|
$ |
515 |
|
|
|
1.7 |
|
Stock
grants |
|
$ |
38 |
|
|
|
1.9 |
|
|