STOCK INCENTIVE PLANS (Tables)

12 Months Ended

Dec. 31, 2021

STOCK INCENTIVE PLANS

Schedule of stock option activity

	Options			Weighted Average Exercise Price		Weighted Average Contractual Remaining Life
Outstanding, December 31, 2019		3,467,650		$	1.84		8.74
Granted		3,600,364			1.26		9.19
Exercised		(30,000	)		0.74		-
Forfeited/Expired		(752,222	)		1.76		-
Outstanding, December 31, 2020		6,285,792		$	1.52		8.86
Granted		1,555,526			0.95		9.25
Exercised		-			-		-
Forfeited/Expired		(611,250	)		0.97		-
Outstanding, December 31, 2021		7,230,068		$	1.45		8.27
Exercisable at December 31, 2021		4,067,452		$	1.51		7.81

Weighted-average fair value of options granted

Range of Exercise Price	Number of Awards		Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise Price		Number of Awards Exercisable		Weighted Average Exercise Price
$ 0.61-$4.01		7,230,068		8.27	$	1.45		4,067,452	$	1.51
		7,230,068		8.27	$	1.45		4,067,452	$	1.51

Schedule of non-vested restricted award shares

	December 31, 2021			December 31, 2020
Significant assumptions (weighted-average):
Risk-free interest rate at grant date		1.18	%		0.59	%
Expected stock price volatility		76.95	%		81.14	%
Expected dividend payout		-			-
Expected option life (in years)		10			10
Expected forfeiture rate		0	%		0	%

Schedule of restricted stock unit

	Restricted Stock Shares			Weighted Average Grant Date Fair Value
Non-vested, December 31, 2019		82,086		$	2.69
Granted		150,000			1.60
Vested		(181,849	)		2.08
Forfeited/Expired		(237	)		-
Non-vested, December 31, 2020		50,000			1.60
Granted		338,443			1.20
Vested		(388,443	)		1.26
Forfeited/Expired		-			-
Non-vested, December 31, 2021		-		$	-

	Restricted Stock Units			Weighted Average Grant Date Fair Value
Outstanding, December 31, 2019		60,759		$	3.66
Granted		431,578			1.33
Vested		(60,759	)		3.66
Forfeited/Expired		-			-
Outstanding, December 31, 2020		431,578			1.33
Granted		629,338			0.74
Vested		(411,027	)		1.33
Forfeited/Expired		(61,654	)		1.33
Outstanding, December 31, 2021		588,235		$	0.70