Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

v3.22.1
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of restricted stock unit activity
     
Outstanding January 1, 2022     350,000  
Granted     35,000  
Vested      
Canceled     (50,000 )
Outstanding March 31, 2022     335,000  
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, 2022     1,964,045     $ 3.33                
Granted     605,704     $ 6.91                
Forfeited     (177,500 )   $ 1.12                
Exercised     (22,520 )   $ 1.00                
Outstanding at March 31, 2022     2,369,729     $           $    
Exercisable at March 31, 2022     69,980     $         9.46   $ 736,710  
Schedule of stock-based compensation expense
           
    2022     2021  
Cost of Goods Sold   $ 222,507     $  
Sales and Marketing     273,326       47,726  
Product Development     346,144       26,757  
General and Administrative     733,188       13,128,395  
Total   $ 1,575,165     $ 13,202,878