Common Stock Options (Tables)

3 Months Ended

Mar. 31, 2022

Common Stock Options

Schedule of Stock Option Activity

The following table summarizes stock option activity during the three months ended March 31, 2022:

				Weighted
				Average
				Exercise
	Options			Price
Outstanding at December 31, 2021		7,651,750		$	2.45
Granted		—			—
Exercised		(217,500	)		0.42
Forfeited/Cancelled		—			—
Outstanding at March 31, 2022		7,434,250		$	2.51

Exercisable at December 31, 2021	4,151,750	$	2.28
Exercisable at March 31, 2022	3,934,250	$	2.39

Schedule of Stock Option Outstanding and Exercisable

Additional information regarding stock options outstanding and exercisable as of March 31, 2022 is as follows:

Option				Remaining
Exercise		Options		Contractual		Options
Price		Outstanding		Life (in years)		Exercisable
$	0.25		434,250		1.7		434,250
	2.65		7,000,000		4.7		3,500,000
	Total		7,434,250				3,934,250