Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.21.2
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Schedule of restricted stock unit activity
       
    Restricted Stock Units  
Outstanding January 1, 2021     637,500  
Granted      
Vested      
Cancelled     (187,500 )
Outstanding September 30, 2021     450,000  
Schedule of stock option activity
                               
    Common Stock Options  
    Shares     Weighted
Average
Exercise
Price
    Weighted
average
Remaining
Life in years
    Intrinsic Value  
Outstanding at January 1, 2021         $                  
Granted     1,892,375     $ 2.72              
Forfeited     (218,125 )   $ 1.00              
Exercised         $              
Outstanding at September 30, 2021     1,674,250     $ 1.73       9.75     $ 5,503,000  
Exercisable at September 30, 2021         $           $  
Schedule of stock-based compensation expense
               
   

Three Months
Ended

September 30, 2021

   

Nine Months
Ended

September 30, 2021

 
Cost of Goods Sold   $ 188,860     $ 269,266  
Sales and Marketing     160,622       237,028  
Product Development     354,439       379,160  
General and Administrative     145,804       13,370,865  
Total   $ 849,725     $ 14,256,318