General form of registration statement for all companies including face-amount certificate companies

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