STOCKHOLDERS’ EQUITY (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Stockholders’ Equity - Schedule of Fair Value of Stock Options Valuation Assumptions

The estimated grant date fair value of stock option grants was calculated using the Black-Scholes-Merton option-pricing model using the following assumptions:

Weighted average	231.59	%	280.02	%
Weighted average expected term (years)	2.25		2.2
Risk free interest rate	0.78	%	.90	%
Expected dividend yield	—		—

Stockholders’ Equity - Schedule of Share-Based Compensation, Stock Option Activity

The following table represents stock option activity as of and for the year ended December 31, 2021:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Life		Aggregate Intrinsic Value
Options Outstanding: December 31, 2020		3,800,000		$	.21		3.60	$	812,350
Granted		1,635,000		$	.75		4.65
Exercised		(923,120	)	$	.21
Forfeited		(251,880	)
Options Outstanding: December 31, 2021		4,260,000		$	.37		2.25	$	5,862,938
Exercisable and Vested: December 31, 2021		1,981,926		$	.25		1.65	$	2,970,907

The following table represents stock option activity as of and for the year ended December 31, 2020:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Life		Aggregate Intrinsic Value
Options Outstanding: December 31, 2019		3,800,000		$	.20		3.00	$	—
Granted		400,000		$	.15		4.50
Exercised
Forfeited		(400,000	)
Options Outstanding: December 31, 2020		3,800,000		$	.21		3.60	$	812,350
Exercisable and Vested: December 31, 2020		3,600,000		$	.22		2.40	$	698,475