Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.22.1
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2022
SHARE-BASED COMPENSATION  
Schedule of fair value of options using Black-Scholes option pricing model

    

Three Months Ended

 

    

March 31, 2022

 

Expected term

 

10 years

Volatility

 

89

%

Dividend yield

 

%

Risk-free interest rate

 

1.70

%

Weighted average grant date fair value

$

3.79

Schedule of stock option activity

    

Three Months Ended

    

Weighted Average

    

March 31, 2022

    

Exercise Price

Outstanding at the beginning of the period

 

2,357,500

 

6.21

Granted

 

80,000

$

4.44

Vested

 

(1,096,833)

$

6.18

Outstanding and expected to vest

 

1,340,667

$

6.13