Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.23.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2023
Stock-Based Compensation  
Summary Of Changes In Warrants Outstanding

 

 

Number of Warrants

 

 

Weighted

Average

Exercise

Price ($)

 

Outstanding at December 31, 2022

 

 

539,000

 

 

 

3.80

 

Granted

 

 

448,500

 

 

 

2.00

 

Expired/Cancelled

 

 

(125,000 )

 

 

2.47

 

Outstanding at September 30, 2023

 

 

862,500

 

 

 

3.05

 

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2023

 

 

387,000

 

 

 

4.28

 

Summarizing The Warrants Issued And Outstanding

Number Outstanding

 

 

Number

Exercisable

 

 

Exercise

Price ($)

 

 

Weighted

Average

Remaining

Contractual

Life

(Years)

 

 

Proceeds to

Company if

Exercised ($)

 

 

448,500

 

 

 

-

 

 

 

2.00

 

 

 

4.71

 

 

 

897,000

 

 

54,000

 

 

 

27,000

 

 

 

3.05

 

 

 

5.02

 

 

 

164,700

 

 

50,000

 

 

 

50,000

 

 

 

3.45

 

 

 

2.42

 

 

 

172,500

 

 

125,000

 

 

 

125,000

 

 

 

3.95

 

 

 

3.26

 

 

 

493,750

 

 

185,000

 

 

 

185,000

 

 

 

4.90

 

 

 

3.34

 

 

 

906,500

 

 

862,500

 

 

 

387,000

 

 

 

 

 

 

 

 

 

 

 

2,634,450

 

Summarizes The Changes In Options Outstanding

 

 

Number of 

Options

 

 

Weighted

Average

Exercise

Price ($)

 

Outstanding at December 31, 2022

 

 

4,985,105

 

 

 

3.87

 

Expired/Cancelled

 

 

(285,536 )

 

 

3.89

 

Outstanding at September 30, 2023

 

 

4,699,569

 

 

 

3.87

 

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2023

 

 

4,662,889

 

 

 

3.88

 

Summarizing The Options Issued And Outstanding

Number Outstanding

 

 

Number Exercisable

 

 

Exercise Price ($)

 

 

Weighted Average

Remaining

Contractual

Life (Years)

 

 

Proceeds to

Company if

Exercised ($)

 

 

585,000

 

 

 

585,000

 

 

 

3.25

 

 

 

1.37

 

 

 

1,901,250

 

 

981,569

 

 

 

944,889

 

 

 

3.40

 

 

 

7.85

 

 

 

3,337,335

 

 

740,000

 

 

 

740,000

 

 

 

3.60

 

 

 

6.61

 

 

 

2,664,000

 

 

1,607,837

 

 

 

1,607,837

 

 

 

4.00

 

 

 

2.99

 

 

 

6,431,348

 

 

89,163

 

 

 

89,163

 

 

 

4.38

 

 

 

4.32

 

 

 

390,534

 

 

50,000

 

 

 

50,000

 

 

 

4.80

 

 

 

3.26

 

 

 

240,000

 

 

646,000

 

 

 

646,000

 

 

 

5.00

 

 

 

3.49

 

 

 

3,230,000

 

 

4,699,569

 

 

 

4,662,889

 

 

 

 

 

 

 

 

 

 

 

18,194,467

 

Summarizing The Rsus Issued And Outstanding

 

 

Number of

RSUs

 

 

Weighted

Average

Share

Price ($)

 

Outstanding at December 31, 2022

 

 

2,262,908

 

 

 

1.77

 

Granted

 

 

1,827,882

 

 

 

0.82

 

Vested/Settled

 

 

(413,911 )

 

 

3.07

 

Cancelled / Forfeited

 

 

(87,343 )

 

 

1.82

 

Outstanding at September 30, 2023

 

 

3,589,536

 

 

 

1.13

 

Schedule of RSUs granted during period

Equity Incentive Plan

 

RSUs (#)

 

Grant Date

 

Vesting Period

 

First Vesting Date

 

Second Vesting Date

 

Third Vesting Date

 

RSU Expense $

 

2015

 

57,000

 

 Mar 27, 2023

 

36 Months

 

 Mar 27, 2024

 

 Mar 27, 2025

 

 Mar 27, 2026

 

98,040

 

2015

 

50,000

 

 Mar 27, 2023

 

24 Months

 

 Mar 27, 2024

 

 Mar 27, 2025

 

N/A

 

86,000

 

2015

 

5,325

 

 Mar 27, 2023

 

12 Months

 

 Mar 27, 2024

 

N/A

 

N/A

 

9,159

 

2015

 

47,000

 

 Jun 15, 2023

 

36 Months

 

 Jun 15, 2024

 

 Jun 15, 2025

 

 Jun 15, 2026

 

74,260

 

2015

 

8,392

 

 Jun 15, 2023

 

12 Months

 

 Jun 15, 2024

 

N/A

 

N/A

 

13,260

 

2015

 

43,165

 

 Jul 13, 2023

 

6 Months

 

 Oct 13, 2023

 

 Jan 13, 2024

 

N/A

 

56,978

 

2015

 

14,000

 

 Jul 13, 2023

 

36 Months

 

 Jul 13, 2024

 

 Jul 13, 2025

 

 Jul 13, 2026

 

18,479

 

2015

 

34,000

 

 Sep 11, 2023

 

36 Months

 

 Sep 11, 2024

 

 Sep 11, 2025

 

 Sep 11, 2026

 

44,540

 

2015

 

1,569,000

 

 Sep 28, 2023

 

36 Months

 

 Sep 28, 2024

 

 Sep 28, 2025

 

 Sep 28, 2026

 

1,098,300

 

 

 

1,827,882

 

 

 

 

 

 

 

 

 

 

 

1,499,016

 

Schedule of RSUs vested and settled during period

Equity Incentive Plan

 

RSUs Vested (#)

 

 

Vest Date

 

Shares issued (#)

 

 

Shares

Withheld

for Taxes (#)

 

2015

 

 

4,000

 

 

 Feb 8, 2023

 

 

2,369

 

 

 

1,631

 

2015

 

 

15,000

 

 

 Mar 1, 2023

 

 

9,609

 

 

 

5,391

 

2015

 

 

15,000

 

 

 Mar 25, 2023

 

 

15,000

 

 

 

-

 

2015

 

 

2,500

 

 

 Apr 4, 2023

 

 

1,759

 

 

 

741

 

2015

 

 

13,500

 

 

 Apr 4, 2023

 

 

7,995

 

 

 

5,505

 

2015

 

 

35,000

 

 

 Apr 4, 2023

 

 

22,610

 

 

 

12,390

 

2015

 

 

50,000

 

 

 May 1, 2023

 

 

35,707

 

 

 

14,293

 

2015

 

 

4,000

 

 

 Jun 1, 2023

 

 

2,270

 

 

 

1,730

 

2015

 

 

7,500

 

 

 Jun 1, 2023

 

 

4,257

 

 

 

3,243

 

2015

 

 

208,809

 

 

 Aug 3, 2023

 

 

167,809

 

 

 

41,000

 

2015

 

 

34,102

 

 

 Aug 15, 2023

 

 

23,764

 

 

 

10,338

 

2015

 

 

12,000

 

 

 Sep 7, 2023

 

 

7,046

 

 

 

4,954

 

2015

 

 

12,500

 

 

 Sep 21, 2023

 

 

7,434

 

 

 

5,066

 

 

 

 

413,911

 

 

 

 

 

307,629

 

 

 

106,282

 

Schedule of RSUs cancelled

Equity Incentive Plan

 

RSUs (#)

 

 

Cancellation Date

 

Vest Date

 

RSUs Cancelled (#)

 

2015

 

 

5,000

 

 

 Apr 30, 2023

 

 Jun 1, 2024

 

 

5,000

 

2015

 

 

4,334

 

 

 Apr 30, 2023

 

 Oct 4, 2023

 

 

4,334

 

2015

 

 

4,333

 

 

 Apr 30, 2023

 

 Oct 4, 2024

 

 

4,333

 

2015

 

 

4,333

 

 

 Apr 30, 2023

 

 Oct 4, 2025

 

 

4,333

 

2015

 

 

5,000

 

 

 Apr 30, 2023

 

 Jun 1, 2023

 

 

5,000

 

2015

 

 

5,000

 

 

 May 5, 2023

 

 Oct 4, 2023

 

 

5,000

 

2015

 

 

5,000

 

 

 May 5, 2023

 

 Oct 4, 2024

 

 

5,000

 

2015

 

 

5,000

 

 

 May 5, 2023

 

 Oct 4, 2025

 

 

5,000

 

2015

 

 

6,000

 

 

 May 5, 2023

 

 Mar 1, 2024

 

 

6,000

 

2015

 

 

667

 

 

 Jun 15, 2023

 

 Nov 29, 2023

 

 

667

 

2015

 

 

667

 

 

 Jun 15, 2023

 

 Nov 29, 2024

 

 

667

 

2015

 

 

666

 

 

 Jun 15, 2023

 

 Nov 29, 2025

 

 

666

 

2015

 

 

5,000

 

 

 Jun 28, 2023

 

 Oct 4, 2023

 

 

5,000

 

2015

 

 

5,000

 

 

 Jun 28, 2023

 

 Oct 4, 2024

 

 

5,000

 

2015

 

 

5,000

 

 

 Jun 28, 2023

 

 Oct 4, 2025

 

 

5,000

 

2015

 

 

2,343

 

 

 Jun 28, 2023

 

 Aug 3, 2023

 

 

2,343

 

2015

 

 

3,334

 

 

 Jul 28, 2023

 

 Oct 4, 2023

 

 

3,334

 

2015

 

 

3,333

 

 

 Jul 28, 2023

 

 Oct 4, 2024

 

 

3,333

 

2015

 

 

3,333

 

 

 Jul 28, 2023

 

 Oct 4, 2025

 

 

3,333

 

2015

 

 

4,000

 

 

 Jul 28, 2023

 

 Feb 8, 2024

 

 

4,000

 

2015

 

 

3,334

 

 

 Sep 22, 2023

 

 Mar 27, 2024

 

 

3,334

 

2015

 

 

3,333

 

 

 Sep 22, 2023

 

 Mar 27, 2025

 

 

3,333

 

2015

 

 

3,333

 

 

 Sep 22, 2023

 

 Mar 27, 2026

 

 

3,333

 

 

 

 

87,343

 

 

 

 

 

 

 

87,343

 

Schedule of RSUs issued and outstanding and average contractual life

Number Outstanding

 

 

Weighted Average

Grant date Fair

Value Share Price ($)

 

 

Weighted Average

Remaining Contractual

Life (Years)

 

 

450,000

 

 

 

0.69

 

 

 

2.51

 

 

1,569,000

 

 

 

0.70

 

 

 

2.00

 

 

34,000

 

 

 

1.31

 

 

 

1.95

 

 

57,165

 

 

 

1.32

 

 

 

1.38

 

 

1,080,000

 

 

 

1.46

 

 

 

1.01

 

 

55,392

 

 

 

1.58

 

 

 

1.50

 

 

12,500

 

 

 

1.69

 

 

 

0.98

 

 

102,325

 

 

 

1.72

 

 

 

1.26

 

 

29,000

 

 

 

2.01

 

 

 

0.88

 

 

1,000

 

 

 

2.15

 

 

 

1.17

 

 

11,500

 

 

 

2.45

 

 

 

0.67

 

 

9,000

 

 

 

2.81

 

 

 

0.42

 

 

85,000

 

 

 

2.95

 

 

 

0.76

 

 

19,904

 

 

 

3.04

 

 

 

0.01

 

 

50,000

 

 

 

3.31

 

 

 

0.59

 

 

2,000

 

 

 

3.38

 

 

 

0.21

 

 

21,750

 

 

 

3.51

 

 

 

0.09

 

 

3,589,536