SHARE BASED PAYMENTS (Tables)

9 Months Ended

Sep. 30, 2022

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of stock option activity

			Weighted
	Number of	Weighted average	average	Aggregated
	shares under	Exercise price per	remaining	Intrinsic value
	option	Option	life	(in thousands)
Balance, December 31, 2021	226,590	3.05	9.07	492
Granted	85,000	7.25
Exercised	—	—
Forfeited	—	—
Outstanding – September 30, 2022	311,590	4.20	9.04	920
Exercisable – September 30, 2022	75,530	3.05	8.85
Expected to vest – September 30, 2022	311,590	4.20	9.04	920

Schedule of RSU activity

	Number of	Weighted	Weighted average	Aggregated
	shares under	average grant	contractual term	Intrinsic value
	option	date fair value	(in years)	(in thousands)
Balance, December 31, 2021	47,580	2.49	2.72	114
Granted	307,100	7.63
Vested	5,200	3.05
Outstanding – September 30, 2022	349,480	7.00	2.45	2,761
Expected to vest – September 30, 2022	344,280	7.00	2.45	2,761

2021 Global Equity Incentive Plan

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of assumptions

The following table summarizes assumptions used for the Black-Scholes model at the grant date:

Risk-free interest rate		2.39	%
Common share price	$	7.02
Expected dividend yield		—
Expected term (in years)		10
Expected volatility		89	%

February 2022 Warrants

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of assumptions

The following table summarizes assumptions used for the Black-Scholes model at the grant date:

Risk-free interest rate		1.78	%
Common share price	$	5.00
Expected dividend yield		—
Expected term (in years)		5
Expected volatility		99	%

July 2022 Warrants

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of assumptions

The following table summarizes assumptions used for the Black-Scholes model at the grant date:

Risk-free interest rate		2.86	%
Common share price	$	9.26
Expected dividend yield		0
Expected term (in years)		3.5
Expected volatility		86.06	%