Post-effective amendment to a registration statement that is not immediately effective upon filing

Stock-Based Compensation (Tables)

v3.22.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of weighted average grant date fair value of options granted

 

Twelve Months Ended
December 31,

   

2021

 

2020

Expected Volatility

 

65%

 

65%

Expected Dividend

 

    

 

    

Expected Term in Years

 

6.08    

 

6.08    

Expected Forfeitures

 

 

%

Risk Free Interest Rate

 

0.59% – 0.67%

 

0.34% – 1.47%

Schedule of represents activity within the 2021 Plan

 

Number of Shares

 

Weighted
Average
Exercise
Price Per
Share

 

Weighted Average Remaining Contractual Term

 

Aggregate Intrinsic
Value

Options outstanding at December 31, 2020

 

35,453,516

 

 

$

0.38

 

8.1 Years

 

$

266,548

 

Options granted

 

6,524,723

 

 

 

2.57

     

 

 

 

Options exercised

 

(2,062,803

)

 

 

0.34

     

$

(13,268

)

Options forfeited

 

(539,915

)

 

 

0.93

     

 

 

 

Options expired

 

(1,916,974

)

 

 

0.20

     

 

  

 

Options outstanding at December 31, 2021

 

37,458,547

 

 

$

0.80

 

7.6 Years

 

$

121,108

 

Exercisable at December 31, 2021

 

17,764,012

 

 

 

0.36

 

6.8 Years

 

$

65,265

 

Unvested at December 31, 2021

 

19,694,535

 

 

$

1.19