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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of stock options activity

Weighted

Weighted

Average

Average

Remaining

Aggregate

Number of

Exercise

Contract

Intrinsic

    

Stock Options

    

Price

    

Term (Yrs.)

    

Value

Outstanding at December 31, 2021

 

1,377,339

$

16.13

 

3.37

$

2,579,201

Granted

 

260,500

8.83

 

 

Forfeited

 

(46,205)

19.28

 

 

Exercised

 

 

 

Expired

 

 

 

 

Outstanding at June 30, 2022

 

1,591,634

$

14.84

3.41

$

21,200

Vested and exercisable at December 31, 2021

 

648,119

$

11.64

 

2.77

$

2,407,521

Vested and exercisable at June 30, 2022

 

818,766

$

12.94

 

2.62

$

6,250

Schedule of weighted average assumptions to estimate the fair value of stock options

Six Months Ended June 30, 

 

Weighted Average Assumptions:

    

2022

    

2021(a)

 

Expected dividend yield

 

0.0

%  

%

Expected equity volatility

 

68.3

%  

%

Expected term (years)

 

5

 

Risk-free interest rate

 

2.62

%  

%

Exercise price per stock option

$

8.83

$

Market price per share

$

8.83

$

Weighted average fair value per stock option

$

4.95

$

(a)     There were no stock options granted during the six months ended June 30, 2021.