Equity (Tables)

3 Months Ended

Mar. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The significant assumptions relating to the valuation of the Company’s stock options granted during the three months ended March 31, 2021 were as follows:

	March 31, 2021
Dividend yield		0.00%
Expected life		3.02 Years
Expected volatility		85.41%
Risk-free interest rate		0.36%

Summary of Stock Options

A summary of the options activity for the three months ended March 31, 2021 is as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at December 31, 2021		2,255,267		$	1.46		5.31 years	$	10,247,548
Granted		379,500			8.22		4.86 years		13,500
Exercised		(275,458	)		0.15		—		1,684,046
Expired/Forfeited		—			—		—		—
Outstanding at December 31, 2020		2,359,309			2.70		4.90 years		9,162,921
Exercisable at period end		1,065,408		$	0.89		4.94 years	$	5,784,588