StockBased Compensation (Tables)
|
12 Months Ended |
Dec. 31, 2022 |
|---|
| StockBased Compensation |
|
| Summary Of Changes In Warrants Outstanding |
|
|
|
|
|
Weighted Average |
|
|
|
Number of |
|
|
Exercise Price |
|
|
|
Warrants |
|
|
$ |
|
Outstanding at December 31, 2020 |
|
|
175,000 |
|
|
|
2.75 |
|
Granted |
|
|
310,000 |
|
|
|
4.52 |
|
Exercised |
|
|
- |
|
|
|
- |
|
Expired |
|
|
- |
|
|
|
- |
|
Outstanding at December 31, 2021 |
|
|
485,000 |
|
|
|
3.88 |
|
Granted |
|
|
54,000 |
|
|
|
3.05 |
|
Exercised |
|
|
- |
|
|
|
- |
|
Expired |
|
|
- |
|
|
|
- |
|
Outstanding at December 31, 2022 |
|
|
539,000 |
|
|
|
3.80 |
|
|
|
|
|
|
|
|
|
|
Exercisable at December 31, 2022 |
|
|
485,000 |
|
|
|
3.88 |
|
|
| Summarizing The Warrants Issued And Outstanding |
|
|
|
|
|
|
|
|
|
Weighted Average |
|
|
Proceeds to |
|
|
|
|
|
|
|
Exercise |
|
|
Remaining |
|
|
Company if |
|
Number |
|
|
Number |
|
|
Price |
|
|
Contractual |
|
|
Exercised |
|
Outstanding |
|
|
Exercisable |
|
|
($) |
|
|
Life (Years) |
|
|
$ |
|
125,000 |
|
|
|
125,000 |
|
|
|
2.47 |
|
|
|
0.15 |
|
|
|
308,750 |
|
54,000 |
|
|
|
- |
|
|
|
3.05 |
|
|
|
5.76 |
|
|
|
164,700 |
|
50,000 |
|
|
|
50,000 |
|
|
|
3.45 |
|
|
|
3.17 |
|
|
|
172,500 |
|
125,000 |
|
|
|
125,000 |
|
|
|
3.95 |
|
|
|
4.01 |
|
|
|
493,750 |
|
185,000 |
|
|
|
185,000 |
|
|
|
4.90 |
|
|
|
4.09 |
|
|
|
906,500 |
|
539,000 |
|
|
|
485,000 |
|
|
|
|
|
|
|
|
|
|
|
2,046,200 |
|
|
| Summarizes The Changes In Options Outstanding |
|
|
|
|
|
Weighted Average |
|
|
|
Number of |
|
|
Exercise Price |
|
|
|
Options |
|
|
$ |
|
Outstanding at December 31, 2020 |
|
|
4,278,619 |
|
|
|
4.00 |
|
Granted |
|
|
1,090,000 |
|
|
|
3.41 |
|
Exercised |
|
|
(277,634 |
) |
|
|
4.19 |
|
Expired/Cancelled |
|
|
(63,467 |
) |
|
|
3.64 |
|
Outstanding at December 31, 2021 |
|
|
5,027,518 |
|
|
|
3.87 |
|
Granted |
|
|
- |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
Expired/Cancelled |
|
|
(42,413 |
) |
|
|
3.43 |
|
Outstanding at December 31, 2022 |
|
|
4,985,105 |
|
|
|
3.87 |
|
|
|
|
|
|
|
|
|
|
Exercisable at December 31, 2022 |
|
|
4,495,011 |
|
|
|
3.93 |
|
|
| Summarizing The Options Issued And Outstanding |
|
|
|
|
|
|
Weighted Average |
|
Proceeds to |
|
|
|
|
Exercise |
|
Remaining |
|
Company if |
Number |
|
Number |
|
Price |
|
Contractual Life |
|
Exercised |
Outstanding |
|
Exercisable |
|
($) |
|
(Years) |
|
$ |
635,000 |
|
635,000 |
|
3.25 |
|
2.12 |
|
2,063,750 |
2,717 |
|
2,717 |
|
3.35 |
|
0.67 |
|
9,102 |
1,022,587 |
|
532,493 |
|
3.40 |
|
8.32 |
|
3,476,796 |
795,000 |
|
795,000 |
|
3.60 |
|
6.94 |
|
2,862,000 |
1,682,837 |
|
1,682,837 |
|
4.00 |
|
3.76 |
|
6,731,348 |
11,801 |
|
11,801 |
|
4.35 |
|
0.44 |
|
51,334 |
89,163 |
|
89,163 |
|
4.38 |
|
5.07 |
|
390,534 |
50,000 |
|
50,000 |
|
4.80 |
|
4.01 |
|
240,000 |
696,000 |
|
696,000 |
|
5.00 |
|
4.24 |
|
3,480,000 |
|
|
|
|
|
|
|
|
|
4,985,105 |
|
4,495,011 |
|
|
|
|
|
19,304,864 |
|
| Summarizing The Rsus Issued And Outstanding Maturity Life |
|
|
|
|
|
Weighted Average |
|
|
|
Number of |
|
|
Exercise Price |
|
|
|
RSUs |
|
|
$ |
|
Outstanding at December 31, 2020 |
|
|
67,500 |
|
|
|
3.47 |
|
Granted |
|
|
789,500 |
|
|
|
3.33 |
|
Vested |
|
|
(31,250 |
) |
|
|
3.55 |
|
Cancelled |
|
|
(15,000 |
) |
|
|
3.3 |
|
Outstanding at December 31, 2021 |
|
|
810,750 |
|
|
|
3.33 |
|
Granted |
|
|
1,892,102 |
|
|
|
1.64 |
|
Vested |
|
|
(377,007 |
) |
|
|
3.33 |
|
Cancelled |
|
|
(62,937 |
) |
|
|
2.88 |
|
Outstanding at December 31, 2022 |
|
|
2,262,908 |
|
|
|
2.05 |
|
|
| summarizing the RSUs issued and outstanding |
|
|
|
Weighted Average |
|
|
Weighted Average |
|
|
|
|
Grant date |
|
|
Remaining |
|
Number |
|
|
Fair Value |
|
|
Contractual Life |
|
Outstanding |
|
|
$ |
|
|
(Years) |
|
450,000 |
|
|
|
0.69 |
|
|
|
3.26 |
|
1,133,000 |
|
|
|
1.46 |
|
|
|
1.76 |
|
25,000 |
|
|
|
1.69 |
|
|
|
1.22 |
|
63,102 |
|
|
|
2.01 |
|
|
|
1.08 |
|
3,000 |
|
|
|
2.15 |
|
|
|
1.91 |
|
33,000 |
|
|
|
2.45 |
|
|
|
0.92 |
|
30,000 |
|
|
|
2.81 |
|
|
|
0.67 |
|
8,000 |
|
|
|
2.83 |
|
|
|
0.61 |
|
136,000 |
|
|
|
2.95 |
|
|
|
0.97 |
|
19,904 |
|
|
|
3.04 |
|
|
|
0.38 |
|
311,152 |
|
|
|
3.31 |
|
|
|
0.59 |
|
12,000 |
|
|
|
3.32 |
|
|
|
0.68 |
|
2,000 |
|
|
|
3.38 |
|
|
|
0.48 |
|
21,750 |
|
|
|
3.51 |
|
|
|
0.42 |
|
15,000 |
|
|
|
3.59 |
|
|
|
0.23 |
|
2,262,908 |
|
|
|
|
|
|
|
|
|
|
| Summary of Amendments to Expiration Dates of Options |
|
|
Amendment |
|
Equity Incentive |
|
Stock Options |
|
Grant |
|
New Expiration |
|
Option Expense |
Note |
|
Date |
|
Plan |
|
# |
|
Date |
|
Date |
|
$ |
(i) |
|
Jul 14, 2021 |
|
2011 |
|
292,000 |
|
Jul 23, 2015 |
|
Jul 23, 2025 |
|
442,273 |
|
|
Jul 14, 2021 |
|
2011 |
|
6,367 |
|
Mar 20, 2013 |
|
Mar 20, 2023 |
|
4,151 |
|
|
Jul 14, 2021 |
|
2011 |
|
8,151 |
|
Sep 2, 2013 |
|
Sep 2, 2023 |
|
6,009 |
|
|
Sep 21, 2021 |
|
2015 |
|
335,000 |
|
Apr 13, 2020 |
|
Apr 13, 2030 |
|
163,945 |
(ii) |
|
Sep 21, 2021 |
|
2015 |
|
89,163 |
|
Jan 23, 2018 |
|
Jan 23, 2028 |
|
24,194 |
(ii) |
|
Sep 21, 2021 |
|
2015 |
|
308,066 |
|
Feb 13, 2017 |
|
Feb 13, 2027 |
|
127,719 |
|
|
Nov 3, 2021 |
|
2015 |
|
760,000 |
|
Apr 15, 2016 |
|
Apr 15, 2026 |
|
984,511 |
|
|
Nov 3, 2021 |
|
2015 |
|
15,000 |
|
Jun 23, 2016 |
|
Jun 23, 2026 |
|
19,582 |
|
|
Nov 3, 2021 |
|
2015 |
|
50,000 |
|
Jan 1, 2017 |
|
Jan 1, 2027 |
|
32,456 |
|
|
Nov 3, 2021 |
|
2015 |
|
387,934 |
|
Mar 30, 2017 |
|
Mar 30, 2027 |
|
224,901 |
|
|
Nov 3, 2021 |
|
2015 |
|
615,837 |
|
Jan 23, 2018 |
|
Jan 23, 2028 |
|
213,646 |
|
|
Dec 8, 2021 |
|
2015 |
|
425,000 |
|
Apr 13, 2020 |
|
Apr 13, 2030 |
|
180,267 |
|
|
Dec 8, 2021 |
|
2015 |
|
10,000 |
|
Dec 1, 2020 |
|
Dec 1, 2030 |
|
5,209 |
|
|
Dec 8, 2021 |
|
2015 |
|
40,000 |
|
May 20, 2021 |
|
May 20, 2031 |
|
21,486 |
|
|
|
|
|
|
3,342,518 |
|
|
|
|
|
2,450,349 |
|
| Schedule of RSUs granted during period |
|
|
Equity |
|
|
|
|
|
|
|
First |
|
Second |
|
Third |
|
RSU |
|
|
Incentive |
|
RSUs |
|
Grant |
|
Vesting |
|
Vesting |
|
Vesting |
|
Vesting |
|
Expense |
Note |
|
Plan |
|
# |
|
Date |
|
Period |
|
Date |
|
Date |
|
Date |
|
$ |
|
|
2015 |
|
8,000 |
|
Feb 8, 2022 |
|
24 Months |
|
Feb 8, 2023 |
|
Feb 8, 2024 |
|
N/A |
|
22,640 |
|
|
2015 |
|
30,000 |
|
Mar 1, 2022 |
|
24 Months |
|
Mar 1, 2023 |
|
Mar 1, 2024 |
|
N/A |
|
84,300 |
|
|
2015 |
|
32,000 |
|
Apr 4, 2022 |
|
24 Months |
|
Apr 4, 2023 |
|
Apr 4, 2024 |
|
N/A |
|
94,400 |
|
|
2015 |
|
104,000 |
|
Apr 4, 2022 |
|
36 Months |
|
Apr 4, 2023 |
|
Apr 4, 2024 |
|
Apr 4, 2025 |
|
306,800 |
|
|
2015 |
|
33,000 |
|
Jun 1, 2022 |
|
24 Months |
|
Jun 1, 2023 |
|
Jun 1, 2024 |
|
N/A |
|
80,850 |
|
|
2015 |
|
63,102 |
|
Aug 15, 2022 |
|
24 Months |
|
Aug 15, 2023 |
|
Aug 15, 2024 |
|
N/A |
|
126,835 |
|
|
2015 |
|
25,000 |
|
Sep 21, 2022 |
|
24 Months |
|
Sep 21, 2023 |
|
Sep 21, 2024 |
|
N/A |
|
42,250 |
(iii) |
|
2015 |
|
1,144,000 |
|
Oct 4, 2022 |
|
36 Months |
|
Oct 4, 2023 |
|
Oct 4, 2024 |
|
Oct 4, 2025 |
|
1,670,240 |
(iv) |
|
2015 |
|
450,000 |
|
Oct 4, 2022 |
|
Up to 42 Months |
|
Variable |
|
Variable |
|
Variable |
|
321,078 |
(v) |
|
2015 |
|
3,000 |
|
Nov 29, 2022 |
|
36 Months |
|
Nov 29, 2023 |
|
Nov 29, 2024 |
|
Nov 29, 2025 |
|
6,450 |
|
|
|
|
1,892,102 |
|
|
|
|
|
|
|
|
|
|
|
2,755,843 |
|
|
Equity Incentive |
|
RSUs |
|
Grant |
|
Vesting |
|
First Vesting |
|
Second Vesting |
|
Third Vesting |
|
RSU Expense |
Note |
|
Plan |
|
# |
|
Date |
|
Period |
|
Date |
|
Date |
|
Date |
|
$ |
|
|
2015 |
|
5,000 |
|
Jan 1, 2021 |
|
- |
|
Jan 1, 2021 |
|
N/A |
|
N/A |
|
19,450 |
|
|
2015 |
|
30,000 |
|
Mar 25, 2021 |
|
24 Months |
|
Mar 25, 2022 |
|
Mar 25, 2023 |
|
N/A |
|
107,700 |
|
|
2015 |
|
150,000 |
|
May 1, 2021 |
|
36 Months |
|
May 1, 2022 |
|
May 1, 2023 |
|
May 1, 2024 |
|
496,500 |
(i) |
|
2015 |
|
460,191 |
|
Aug 3, 2021 |
|
24 Months |
|
Aug 3, 2022 |
|
Aug 3, 2023 |
|
N/A |
|
1,523,232 |
|
|
2015 |
|
38,000 |
|
Sep 7, 2021 |
|
24 Months |
|
Sep 7, 2022 |
|
Sep 7, 2023 |
|
N/A |
|
126,160 |
(ii) |
|
2015 |
|
39,809 |
|
Oct 4, 2021 |
|
24 Months |
|
Oct 4, 2022 |
|
Oct 4, 2023 |
|
N/A |
|
121,019 |
|
|
2015 |
|
43,500 |
|
Nov 1, 2021 |
|
24 Months |
|
Nov 1, 2022 |
|
Nov 1, 2023 |
|
N/A |
|
152,685 |
|
|
2015 |
|
23,000 |
|
Dec 15, 2021 |
|
24 Months |
|
Dec 15, 2022 |
|
Dec 15, 2023 |
|
N/A |
|
77,740 |
|
|
|
|
789,500 |
|
|
|
|
|
|
|
|
|
|
|
2,624,486 |
|
| Schedule of RSUs vested during period |
Equity Incentive |
|
RSUs |
|
Vest |
|
Shares |
|
Shares Withheld for |
Plan |
|
# |
|
Date |
|
Issued |
|
Taxes |
2015 |
|
15,000 |
|
Mar 25, 2022 |
|
15,000 |
|
- |
2015 |
|
26,250 |
|
Apr 13, 2022 |
|
21,712 |
|
4,538 |
2015 |
|
50,000 |
|
May 1, 2022 |
|
35,000 |
|
15,000 |
2015 |
|
230,102 |
|
Aug 3, 2022 |
|
191,992 |
|
38,110 |
2015 |
|
12,000 |
|
Sep 7, 2022 |
|
7,038 |
|
4,962 |
2015 |
|
19,905 |
|
Oct 4, 2022 |
|
13,022 |
|
6,883 |
2015 |
|
21,750 |
|
Nov 1, 2022 |
|
12,344 |
|
9,406 |
2015 |
|
2,000 |
|
Dec 15, 2022 |
|
1,181 |
|
819 |
|
|
377,007 |
|
|
|
297,289 |
|
79,718 |
Equity Incentive |
|
RSUs |
|
|
Vest |
|
|
|
|
|
|
Plan |
|
# |
|
|
Date |
|
Shares Issued |
|
|
Shares Withheld for Taxes |
|
2015 |
|
|
5,000 |
|
|
Jan 1, 2021 |
|
|
3,000 |
|
|
|
2,000 |
|
2015 |
|
|
26,250 |
|
|
Apr 13, 2021 |
|
|
21,712 |
|
|
|
4,538 |
|
|
|
|
31,250 |
|
|
|
|
|
24,712 |
|
|
|
6,538 |
|
|
| Schedule of RSUs cancelled during period |
Equity Incentive |
|
RSUs |
|
|
Cancellation |
|
RSUs |
|
Plan |
|
# |
|
|
Date |
|
Cancelled |
|
2015 |
|
|
33,000 |
|
|
May 31, 2022 |
|
|
33,000 |
|
2015 |
|
|
1,365 |
|
|
Aug 18, 2022 |
|
|
1,365 |
|
2015 |
|
|
17,572 |
|
|
Nov 18, 2022 |
|
|
17,572 |
|
2015 |
|
|
11,000 |
|
|
Nov 21, 2022 |
|
|
11,000 |
|
|
|
|
62,937 |
|
|
|
|
|
62,937 |
|
|
|
RSUs |
|
|
|
|
|
|
Equity Incentive Plan |
|
# |
|
|
Vest Date |
|
RSUs Cancelled |
|
2015 |
|
|
15,000 |
|
|
Dec 31, 2020 |
|
|
15,000 |
|
|
|
|
15,000 |
|
|
|
|
|
15,000 |
|
|