Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Summary of Stock Warrants

The following is a summary of the stock warrant plan activity during the years ended December 31, 2021 and 2020:

	2021		2020
	Number of Warrants	Weighted Average Exercise Price	Number of Warrants	Weighted Average Exercise Price
Warrants Outstanding at Beginning of the year	2,718,012	$4.20	791,857	$27.25
Granted	7,481,041	5.03	2,240,000	4.50
Exercised	2,496,612	4.22	275,540	11.20
Adjustment	-	-	201,695	2.30
Forfeited	-	-	240,000	62.50
Warrants Outstanding and Exercisable at End of Year	7,702,441	$5.00	2,718,012	$4.20

Summary of Stock Option Plan Activity

The following is a summary of the stock option plan activity during the years ended December 31, 2021 and 2020:

	2021				2020
	Number of		Weighted Average		Number of		Weighted Average
	Options		Exercise Price		Options		Exercise Price
Options Outstanding at Beginning of the year		3,860	$	302.55		3,860	$	302.55
Granted		3,953,067		5.95		-		-
Exercised		-		-		-		-
Forfeited		100		625.00		-		-
Options Outstanding at End of Year		3,956,827	$	6.20		3,860	$	302.55
Options Exercisable at End of Year		3,760	$	302.55		3,027	$	340.40

Schedule of Significant Assumptions Used in Option-pricing Model to Fair Value Options Granted

Significant assumptions used in the option-pricing model to fair value options granted were as follows:

	2021
Risk-free rate		1.58	%
Cost of Equity		15.56	%
Expected volatility		123.42	%
Price Hurdle	$	12.00
Expected life	10 years
Expected dividend		—

Employee Two [Member]

Schedule of Significant Assumptions Used in Option-pricing Model to Fair Value Options Granted

Significant assumptions used in the option-pricing model to fair value options granted were as follows:

	2021
Risk-free rate		1.23%
Expected life	5.37 years
Expected volatility		128.21%
Expected dividend		—