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Shareholders’ Equity (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Equity [Abstract]    
Summary of Warrants

A summary of warrants for the nine months ended September 30, 2021 is as follows:

       Weighted 
   Number of   Average 
   Options   Exercise Price 
Balance outstanding, December 31, 2020   1,278,375   $3.00 
Warrants granted   2,522,279    4.27 
Warrants exercised   -    - 
Warrants expired or forfeited   -    - 
Balance outstanding, September 30, 2021   3,800,654   $3.85 
Balance exercisable, September 30, 2021   3,500,654   $3.89 

A summary of warrants for the year ended December 31, 2020 and 2019, is as follows:

Summary of Warrants 

       Weighted 
       Average 
   Number of   Exercise 
   Warrants   Price 
Balance outstanding, December 31, 2018   -   $- 
Warrants granted   643,750    3.00 
Warrants exercised   -    - 
Warrants expired or forfeited   -    - 
Balance outstanding, December 31, 2019   643,750    3.00 
Warrants granted   634,625    3.00 
Warrants exercised   -    - 
Warrants expired or forfeited   -    - 
Balance outstanding, December 31, 2020   1,278,375   $3.00 
Balance exercisable, December 31, 2020   1,278,375   $3.00 
Summary of Outstanding Warrants Exercise Price

Information relating to outstanding options at September 30, 2021, summarized by exercise price, is as follows:

 

    Outstanding   Exercisable 
            Weighted       Weighted 
Exercise Price        Life   Average       Average 
Per Share   Shares   (Years)   Exercise Price   Shares   Exercise Price 
$2.00    4,365,000    9.45   $2.00    524,583   $2.00 
      4,365,000    9.45   $2.00    524,583   $2.00 

Information relating to outstanding warrants at December 31, 2020, summarized by exercise price, is as follows:

 

            Outstanding   Exercisable 
            Weighted       Weighted 
Exercise Price       Life   Average       Average 
Per Share   Share   (Years)   Exercise Price   Shares   Exercise Price 
$3.00    1,278,375    2.00   $3.00    1,278,375   $3.00 
      1,278,375    2.00   $3.00    1,278,375   $3.00 
Summary of Options

A summary of stock options for the nine months ended September 30, 2021 is as follows:

         
       Weighted 
   Number of   Average 
   Options   Exercise Price 
Balance outstanding, December 31, 2020   -   $- 
Options granted   4,365,000    2.00 
Options exercised   -    - 
Options expired or forfeited   -    - 
Balance outstanding, September 30, 2021   4,365,000   $2.00 
Balance exercisable, September 30, 2021   524,583   $2.00