Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
The following table summarizes the status of the Plan with respect to time based stock options: (Details) - Stock Option Plan 2015 [Member] - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 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 1,650,000 360,000
Granted $ 3.75 $ 9.54
Exercised 1,000,000 747,006
Exercised $ 1.23 $ 0.65
Forfeited 187,494 200,000
Forfeited $ 3.36 $ 2.09
Outstanding at ending 3,385,000 3,059,994
Outstanding at ending $ 3.39 $ 2.40
Options exercisable at ending 1,005,625 1,009,629
Options exercisable at ending $ 2.65 $ 1.36
Weighted average fair value of options granted during the period $ 2.93 $ 6.53
Stock-based compensation expense $ 1,934,935 $ 572,775