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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Share-based Payment Arrangement, Option, Activity
The following summarizes the stock option activity for the three months ended March 31, 2022:
OptionsWeighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 2021
1,790,000 $0.19 6.09$3,098,055 
Granted— 
Forfeited(618,000)0.30 
Exercised— 
Outstanding at March 31, 2022
1,172,000 $0.13 6.17$1,075,950 
Vested and expected to vest at March 31, 2022
1,172,000 $0.13 6.17$1,075,950 
Exercisable at March 31, 2022
1,071,125 $0.14 6.14$975,341 
Share-based Payment Arrangement, Option, Exercise Price Range
The following table summarizes information about options outstanding and exercisable as of March 31, 2022:
Options OutstandingOptions Exercisable
Exercise
Price
Number
of Shares
Weighted
Average
Remaining
Life (Years)
Weighted
Average
Exercise
Price
Number
of Shares
Weighted
Average
Exercise
Price
$0.05 979,000 6.38$0.05 883,437 $0.05 
0.10 85,000 6.280.10 79,688 0.10 
0.90 108,000 5.270.90 108,000 0.90 
1,172,000 1,071,125 
Schedule of Stockholders' Equity Note, Warrants or Rights
The following summarizes the warrants activity for the three months ended March 31, 2022:
WarrantsWeighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life (Years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 2021
5,527,778 $3.32 4.62$— 
Granted— 
Forfeited— 
Exercised— 
Outstanding at March 31, 2022
5,527,778 $3.32 4.38$— 
Vested and expected to vest at March 31, 2022
5,527,778 $3.32 4.38$— 
Exercisable at March 31, 2022
5,099,207 $3.34 4.38$— 
Schedule of Warrants Outstanding and Exercisable
The following table summarizes information about warrants outstanding and exercisable as of March 31, 2022:
Warrants OutstandingWarrants Exercisable
Exercise
Price
Number
of Shares
Weighted
Average
Remaining
Life (Years)
Weighted
Average
Exercise
Price
Number
of Shares
Weighted
Average
Exercise
Price
 
$6.60 416,667 2.89$6.60 416,667 $6.60 
2.52 396,825 2.702.52 396,825 2.52
3.10 4,285,715 4.653.10 4,285,715 3.10
3.09 428,571 4.653.08 — 
 5,527,778 5,099,207 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of the 416,667, the 428,571, and the 396,825 warrants issued to the placement agent and RCA sellers during the year ended December 31, 2021, are $2,498,637, $902,414, and $668,863 respectively and was determined using the Black-Scholes option pricing model with the following assumptions:

Stock price
$2.51-$7.03
Risk-free interest rate
0.01%-1.02%
Expected life of the options
2-5 years
Expected volatility
159-347%
Expected dividend yield0%