Quarterly report pursuant to Section 13 or 15(d)

The following table summarizes the status of the Plan with respect to performance-based stock options: (Details)

v3.21.2
The following table summarizes the status of the Plan with respect to performance-based stock options: (Details) - 2015 Stock Option Plan [Member] - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Outstanding at beginning 2,922,494 3,647,000
Outstanding at beginning $ 2.46 $ 1.32
Granted 1,250,000 60,000
Granted $ 3.94 $ 9.76
Exercised 1,000,000 722,000
Exercised $ 1.23 $ 0.58
Forfeited 100,000 200,000
Forfeited $ 3.94 $ 2.09
Outstanding at ending 3,072,494 2,785,000
Outstanding at ending $ 3.41 $ 1.64
Options exercisable at ending 871,244 812,760
Options exercisable at ending $ 2.18 $ 1.37
Weighted average fair value of options granted during the period $ 3.06 $ 6.68
Stock-based compensation expense $ 1,528,522 $ 290,991
Performance Shares [Member]    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Outstanding at beginning 1,000,000 1,000,000
Outstanding at beginning $ 1.70 $ 1.70
Granted 0 0
Granted $ 0 $ 0
Exercised 0 0
Exercised $ 0 $ 0
Forfeited 1,000,000 0
Forfeited $ 1.70 $ 0
Outstanding at ending 0 1,000,000
Outstanding at ending $ 1.70
Options exercisable at ending 0 0
Options exercisable at ending $ 0  
Weighted average fair value of options granted during the period
Stock-based compensation expense $ (408,747) $ 373,826