Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF STOCK-BASED COMPENSATION

Stock-based compensation, including restricted stock awards, stock options and warrants is included in the unaudited condensed consolidated statement of operations as follows:

 

    2022     2021  
    Three Months Ended March 31,  
    2022     2021  
Research and development   $ 16,704     $ 23,486  
Sales and marketing     12,945       63,449  
General and administrative     258,461       1,612,488  
Total   $ 288,110     $ 1,699,423  
SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY

The following table reflects the stock option activity:

 

      Number of Shares     Weighted
Average
Exercise Price
    Contractual Life (Years)  
Outstanding at December 31, 2021         1,338,675     $ 5.14       8.26  
Exercised         -                  
Forfeitures         (230,903 )     3.19          
Outstanding at March 31, 2022         1,107,773     $ 5.59       7.88  
Restricted Stock [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
SCHEDULE OF STOCK-BASED COMPENSATION, STOCK OPTIONS, ACTIVITY

 

      Number of Shares     Weighted Average Grant Price  
Outstanding at December 31, 2021       450,000     $ 2.48  
Granted       442,248          
Vested       -          
Forfeitures       -          
Outstanding at March 31, 2022       892,248     $ 1.89