Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.22.1
Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2022
Stock-Based Compensation  
Summary of stock option activity

A summary of stock option activity for the three months ended March 31, 2022 and the year ended December 31, 2021 is as follows:

    

    

Weighted

    

Weighted Average

    

Aggregate

Average Exercise

Remaining

Intrinsic

Options

Price

Contractual Life

Value

Balance - December 31, 2020

 

3,997,418

$

2.35

 

6.09 years

$

Granted

 

2,260,000

0.33

 

 

Exercised

 

Expired

 

(2,143)

45.15

 

 

Forfeited

 

 

 

Balance - December 31, 2021

6,255,275

1.61

5.58 years

Granted

Exercised

Expired

(2,413)

75.60

Forfeited

(145,417)

0.36

Balance - March 31, 2022 - outstanding

 

6,107,715

$

1.61

 

5.26 years

$

Balance - March 31, 2022 - exercisable

 

3,221,457

$

2.73

 

4.37 years

$

Grant date fair value of options granted – three months ended March 31, 2022

$

 

  

 

  

Weighted average grant date fair value – three months ended March 31, 2022

$

 

  

 

  

Grant date fair value of options granted – year ended December 31, 2021

$

501,000

 

  

 

  

Weighted average grant date fair value – year ended December 31, 2021

$

0.22