Annual report pursuant to Section 13 and 15(d)

SHARE-BASED COMPENSATION - (Details)

v3.22.4
SHARE-BASED COMPENSATION - (Details) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2022
Jan. 31, 2022
Jul. 31, 2021
Jun. 30, 2021
Jun. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Apr. 30, 2021
Share-based compensation                
Share based compensation expense           $ 0 $ 755,556  
Stock options granted (in shares)       770,000   110,000    
Grant exercise price (in dollars per share)           $ 4.26    
Total compensation expense not yet recognized           $ 4,243,927    
Weighted average vesting period           1 year 6 months 14 days    
Intrinsic value of stock option           $ 5,700    
Weighted average contractual life           8 years 6 months 10 days    
Weighted average grant date fair value           $ 4.67    
Pre IPO                
Share-based compensation                
Grant exercise price (in dollars per share)           $ 2.14    
June 2021                
Share-based compensation                
Share based compensation expense           $ 726,880 2,019,325  
Stock options granted (in shares)       807,500        
Grant exercise price (in dollars per share)       $ 6.26        
June 2021 | Employee | Tranche one                
Share-based compensation                
Vesting percentage       40.00%        
June 2021 | Employee | Tranche two                
Share-based compensation                
Vesting term of options       36 months        
July 2021                
Share-based compensation                
Share based compensation expense           1,963,667 $ 2,379,833  
Stock options granted (in shares)     1,550,000   100,000      
Grant exercise price (in dollars per share)     $ 6.18          
July 2021 | Executive officers | Tranche one                
Share-based compensation                
Vesting percentage     25.00%          
July 2021 | Executive officers | Tranche two                
Share-based compensation                
Vesting term of options     36 months          
July 2021 | Independent Directors, Consultant                
Share-based compensation                
Vesting term of options     36 months          
January 2022                
Share-based compensation                
Share based compensation expense           145,283    
Stock options granted (in shares)   80,000            
Weighted average exercise price (in dollars per share)   $ 4.44            
January 2022 | Tranche one                
Share-based compensation                
Vesting percentage   25.00%            
January 2022 | Tranche two                
Share-based compensation                
Vesting term of options   36 months            
April 2022                
Share-based compensation                
Share based compensation expense           $ 35,850    
Stock options granted (in shares) 30,000              
Weighted average exercise price (in dollars per share) $ 3.79              
April 2022 | Tranche one                
Share-based compensation                
Vesting percentage 25.00%              
April 2022 | Tranche two                
Share-based compensation                
Vesting term of options 36 months              
2021 Equity Incentive Plan                
Share-based compensation                
Common stock shares reserved               2,000,000
Additional common stock shares reserved           408,632    
Common stock shares available (in shares)           537,937   537,937