Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.22.2.2
SHARE-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2022
SHARE-BASED COMPENSATION  
Schedule of fair value of options using Black-Scholes option pricing model

Nine Months Ended

 

    

September 30, 2022

 

Expected term

 

9

years

Volatility

 

90

%

Dividend yield

 

%

Risk-free interest rate

 

2.01

%

Weighted average grant date fair value

$

3.54

Schedule of stock option activity

Nine Months Ended

    

Weighted Average

    

September 30, 2022

    

Exercise Price

Outstanding at the beginning of the period

 

2,357,500

 

$

6.21

Granted

 

110,000

$

4.26

Vested

 

(1,402,792)

$

6.15

Outstanding and expected to vest

 

1,064,708

$

6.08