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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2021
Retirement Benefits [Abstract]  
Schedule of exercise price

The options outstanding as of December 31, 2021, have been classified by exercise price, as follows:

Outstanding  Exercisable 
       Weighted             
       Average   Weighted       Weighted 
       Remaining   Average       Average 
Exercise  Number   Contractual   Exercise   Number   Exercise 
Price  Outstanding   Life (Years)   Price   Exercisable   Price 
$2.15 - $2.62   3,395,000    9.75   $2.35    266,152   $2.51 
$480 - $560   894    3.95   $537.34    814   $535.12 
$1,208 - $1,352   25    2.25   $1,336.00    25   $1,336.00 
$2.15 - $1,352   3,395,919    9.75   $2.50    266,991   $4.26 
                          
Issuances outside of the Plan
1.79   850,000    8.72   $1.79    708,221   $1.79 
$2.46 - $2.55   2,150,000    9.33   $2.54    -    - 
$1.79 - $2.55   3,000,000    9.16   $2.33    708,221   $1.79 
                          
Total Options
$1.79 - $1,352   6,395,919    9.47   $2.42    975,212   $2.47 
The total stock-based compensation expense related to stock options and stock awards issued to the Company’s employees, consultants and directors, included in reported net loss for the year ended December 31, 2021 and 2020, was comprised as follows:

The total stock-based compensation expense related to stock options and stock awards issued to the Company’s employees, consultants and directors, included in reported net loss for the year ended December 31, 2021 and 2020, was comprised as follows:

 

               
   Year Ended December 31, 
   2021   2020 
General and administrative  $7,750,000   $1,106,000 
Total stock-based compensation  $7,750,000   $1,106,000 
A summary of option activity under the Company’s stock option plans as of December 31, 2021 and 2020, and changes during the years ended are as follows:

A summary of option activity under the Company’s stock option plans as of December 31, 2021 and 2020, and changes during the years ended are as follows:

 

        Outstanding Options  
                Weighted      
            Weighted   Average      
    Shares       Average   Remaining   Aggregate  
    Available   Number   Exercise    Contractual   Intrinsic  
    for Grant   of Options   Price   Life (years)    Value  
January 1, 2020   103,105   1,388   $636   6.33   $0  
Restricted stock awards   (96,875)   —              
Forfeited   463   (463)   $781          
January 1, 2021   6,693   925   $564   4.87   $0  
Authorized   7,500,000                  
Stock options granted   (3,395,000)   3,395,000   $2.35          
Restricted stock awards   (1,270,000)   —              
Forfeited   6   (6)   $1,352          
December 31, 2021   2,841,699   3,395,919   $2.52   9.75   $0