XML 38 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
SHARE-BASED COMPENSATION (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF STOCK-BASED COMPENSATION OPTIONS ACTIVITY

The following is a summary of stock-based compensation award activity for the nine months ended September 30, 2022:

    

   For the Nine Months Ended September 30, 2022 
   Number of Options   Vesting Term  Contractual Term  Grant Date Fair Value 
Awards outstanding under the MSGM 2021 Stock Plan as of January 1, 2022 (net of forfeitures)   29,740            
Stock options awarded to employees under the MSGM 2021 Stock Plan   56,935   3 Years  10 Years  $1,143,500 
Stock options awarded to Board of Directors under the MSGM 2021 Stock Plan   5,711   1 Year  10 Years  $120,630 
Forfeited, cancelled or expired   (34,981)           
Awards outstanding under the MSGM 2021 Stock Plan as of September 30, 2022 (net of forfeitures)   57,405            
SCHEDULE OF STOCK BASED COMPENSATION EXPENSE

The following table summarizes stock-based compensation expense resulting from equity awards included in the Company’s condensed consolidated statement of operations:

    

                     
   For the Three Months Ended
September 30,		   For the Nine Months Ended
September 30,		 
   2022   2021   2022   2021 
G&A  $223,953   $285,318   $682,276   $9,264,583 
Sales & Marketing   1,371    3,793    80,210    123,139 
Development   3,388    3,062    57,829    97,641 
Stock-based compensation expense  $228,712   $292,173   $820,315   $9,485,363