Quarterly report pursuant to Section 13 or 15(d)

SHARE-BASED COMPENSATION (Tables)

v3.23.1
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2023
SHARE-BASED COMPENSATION  
Schedule of fair value of options assumptions

Three Months Ended

 

    

March 31, 2023

 

Expected term

 

7

years

Volatility

 

98

%

Dividend yield

 

%

Risk-free interest rate

 

3.85

%

Weighted average grant date fair value

$

2.81

Schedule of stock option activity

Three Months Ended

    

Weighted Average

    

March 31, 2023

    

Exercise Price

Outstanding at the beginning of the period

 

2,467,500

 

$

6.12

Granted

 

467,500

3.41

Exercised

 

Forfeited

Outstanding at the end of the period

2,935,000

$

5.69

Exercisable

1,714,861

$

6.12