Equity Compensation Plan (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of stock option activity

	Shares			Weighted-Average Exercise Price per share		Weighted-Average Remaining Contractual Life (years)
Balance, December 31, 2020		3,257,410		$	1.5		9.1
Options granted		833,246			2.7		6.7
Options exercised		(45,625	)		1.5		—
Options converted		—			—		—
Options expired		(735,625	)		1.5		—
Options forfeited		(1,911,160	)		1.5		—
Balance, December 31, 2021 and March 31, 2022		1,398,246			2.2		6.0
Vested shares at March 31, 2022		483,500			1.5		2.4

Schedule Of Outstanding Options

Exercise price		Outstanding options		Exercisable options
$	1.50		565,000		450,167
$	3.93		388,246		0
$	1.77		445,000		33,333
			1,398,246		483,500

Schedule of Valuation Assumptions

	2021
Risk-free interest rate		1.2	%
Expected term		7.0 years
Expected volatility		91	%
Expected dividends		0
Grant date fair value of common stock	$	1.91/share