Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY AND CLASS A PREFERRED STOCK (Tables)

v3.22.1
STOCKHOLDERS' EQUITY AND CLASS A PREFERRED STOCK (Tables)
12 Months Ended
Dec. 31, 2021
STOCKHOLDERS' EQUITY AND CLASS A PREFERRED STOCK  
Schedule of stock option activities

Total

Weighted

    

    

Weighted

    

weighted

    

 average

Number

 average

 average

remaining

of

exercise

intrinsic

contractual 

    

Shares

    

 price

    

 value

    

life (years)

Outstanding options at December 31, 2019

2,294,000

$

0.79

$

5,916,970

6.73

Exercised

(18,000)

0.69

29,428

Forfeited

(134,000)

0.72

325,539

Outstanding options at December 31, 2020

 

2,142,000

$

0.80

$

7,934,320

 

5.72

Exercised

 

(10,000)

 

0.68

 

 

Forfeited

 

(27,666)

 

1.37

 

 

Outstanding options at December 31, 2021

 

2,104,334

$

0.79

$

9,661,393

 

4.68

Options vested and exercisable at December 31, 2021

 

1,990,916

$

0.76

$

9,207,917

 

4.53

Schedule of restricted stock units

    

    

    

Weighted

average

Number of

exercise

    

 units

    

price

Unvested balance at December 31, 2019

 

$

Granted

 

845,524

 

3.37

Forfeited

 

(30,000)

3.37

Unvested balance at December 31, 2020

815,524

$

3.37

Granted

143,006

7.13

Vested

(136,500)

3.37

Forfeited

(107,000)

3.37

Unvested balance at December 31, 2021

715,030

$

4.12