Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Schedule of Stockholders' Equity

	Shares		Amount		Paid-in Capital		Accumulated Deficit			Total Stockholders’ Equity (Deficit)
Balance, December 31, 2020		10,382	$	1	$	52,985	$	(54,094	)	$	(1,108	)
Stock-based compensation		-		-		19		-			19
Issuance of common stock for Azuñia initial earn-out		1,200		-		5,618		-			5,618
Issuance of common stock for services by third parties		51		-		78		-			78
Issuance of common stock for services by employees		4		-		-		-			-
Net income attributable to common shareholders		-		-		-		3,708			3,708
Balance, March 31, 2021		11,637	$	1	$	58,700	$	(50,386	)	$	8,315

Summary of Stock Option Activity

A summary of all stock option activity as of and for the three months ended March 31, 2021 is presented below:

	# of Options			Weighted-Average Exercise Price
Outstanding as of December 31, 2020		134,931		$	4.71
Options granted		5,000			0.53
Options canceled		(37,221	)		5.16
Outstanding as of March 31, 2021		102,710		$	4.00
Exercisable as of March 31, 2021		72,043		$	3.56

Schedule of Weighted-average Assumptions Used in Black-scholes Valuation Method

The following weighted-average assumptions were used in the Black-Scholes valuation model for options granted during the three months ended March 31, 2021:

Risk-free interest rate	1.69	%
Expected term (in years)	5.0
Dividend yield	-
Expected volatility	75	%

Summary of Warrant Activity

A summary of activity in warrants was as follows:

	Warrants		Weighted- Average Remaining Life (Years)		Weighted- Average Exercise Price		Aggregate Intrinsic Value
Outstanding as of December 31, 2020		240,278		3.2	$	4.85	$	-
Outstanding as of March 31, 2021		240,278		3.2	$	4.85	$	-