Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? (Deficit) (Tables)

v3.22.1
Stockholders’ (Deficit) (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of option activity and related information
               
    Number of
Shares
Under Options
  Range of
Option Price
Per Share
  Weighted
Average
Exercise Price
  Weighted
Average
Contractual
Life
Options Outstanding at December 31, 2021     267,467     $ 2.00 16.00     $ 5.19       6.94  
Options Granted     54,543       5.87 3.63       3.30       10  
Exercised     (3,334 )     2.00 2.16       2.08        
Expired/Cancelled                          
Options Outstanding at March 31, 2022     318,676     $ 2.00 16.00     $ 2.61       7.24  
                                 
Options Exercisable at March 31, 2022     159,039     $ 2.00 16.00     $ 2.39       5.06  
Schedule of weighted average fair value of options granted
   
    2022
Weighted average fair value of options granted   $ 3.30  
Risk-free interest rate     1.63% - 2.32%  
Volatility     212% – 214%  
Expected life (years)     10 years  
Dividend yield