Annual report pursuant to Section 13 and 15(d)

Stockholders??? Equity (Tables)

v3.23.1
Stockholders’ Equity (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of warrant assumptions
             
    August 30, 2021 (Initial     September 7,  
    Measurement)     2021  
Risk-free interest rate     0.77%       0.82%  
Expected term     5 years       5 years  
Expected volatility     194.37%       204.27%  
Expected dividend yield     0%       0%  
Fair value of units (using Black-Scholes)   $ 6.47     $ 14.45  
Schedule of option assumptions
             
    December 31, 2022     December 31, 2021  
Risk-free interest rate     4.22%       0.93 – 1.52%  
Expected life of the options     3 years       10 years  
Expected volatility     42.63%       122.93 – 148.18%  
Expected dividend yield     0%       0%  
Schedule of options activity
                                 
Options   Shares     Weighted average exercise price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding at December 31, 2021     420,000     $ 5.82       8.56       –  
Granted     105,000     $ 6.41       –       –  
Exercised     (107,500 )    $ 5.46       –       –  
Cancelled or forfeited     (7,459 )    $ 8.86       –       –  
Outstanding at December 31, 2022     410,041     $ 5.93       8.04       362,250  
Exercisable at December 31, 2022     305,616     $ 5.87       7.58       362,250