Convertible Preferred Stock and Stockholders’ Equity (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Summary of Performance Award And Market Capitalization Milestones

Tranche #	No. of Shares Subject to PSU		Market Capitalization Milestones(1)
1		1,000,000	$	1,000,000,000
2		1,500,000	$	1,500,000,000
3		1,500,000	$	2,000,000,000
4		2,000,000	$	2,500,000,000
5		1,000,000	$	3,000,000,000
6		1,000,000	$	3,500,000,000
7		1,000,000	$	4,000,000,000
8		2,000,000	$	4,500,000,000
9		1,000,000	$	5,000,000,000
10		1,000,000	$	5,500,000,000
Total:		13,000,000

Summary of Option and Stock Appreciation Rights Activity

A summary of the option and stock appreciation rights activity for the three-month period ended March 31, 2022 is as follows:

	Number of Options/SARs			Range of Exercise Price		Weighted Average Exercise Price per Share
Outstanding, December 31, 2021		2,818,012			$0.74 - $9.87	$	4.10
Granted		757,500			$4.62 - $5.21	$	4.81
Exercised		(10,294	)		$0.74 - $4.52	$	1.78
Forfeited		(83,352	)		$0.74 - $7.70	$	5.44
Outstanding, March 31, 2022		3,481,866			$0.74 - $9.87	$	4.23

Summary of Restricted Stock Unit Activity

A summary of the restricted stock unit activity for the three-month period ended March 31, 2022 is as follows:

	Number of Restricted Stock Units			Weighted Average Grant Date Fair Value per Unit
Outstanding, December 31, 2021		1,164,723		$	3.57
Granted		61,580		$	9.56
Vested		(10,699	)	$	9.37
Forfeited		-			-
Outstanding, March 31, 2022		1,215,604		$	3.82