Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation - Summary of Stock Option Activity (Details)

v3.21.1
Stock-Based Compensation - Summary of Stock Option Activity (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Share-based Payment Arrangement [Abstract]  
Number of Options, Outstanding, Beginning Balance | shares 5,801,349
Number of Options Outstanding, Granted | shares 1,670,000
Number of Options Outstanding, Exercised | shares
Number of Options Outstanding, Forfeited | shares
Number of Options Outstanding, Ending Balance | shares 7,471,349
Number of Options Outstanding, Exercisable Ending Balance | shares 5,819,680
Weighted Average Exercise Price, Beginning Balance | $ / shares $ 0.90
Weighted Average Exercise Price, Granted | $ / shares 1.20
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Forfeited | $ / shares
Weighted Average Exercise Price, Ending Balance | $ / shares 0.97
Weighted Average Exercise Price, Exercisable Ending Balance | $ / shares $ 0.98
Weighted Average Contractual Term, Outstanding Beginning 8 years 6 months 7 days
Weighted Average Contractual Term, Outstanding Ending 8 years 7 months 17 days
Weighted Average Contractual Term, Exercisable Ending 8 years 4 months 28 days
Aggregate Intrinsic Value Outstanding, Beginning | $ $ 2,773 [1]
Aggregate Intrinsic Value Outstanding, Ending | $ 1,928,437 [1]
Aggregate Intrinsic Value Exercisable, Ending | $ $ 1,637,120 [1]
[1] The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the closing market price of our common stock as of December 31, 2020 and March 31, 2021, respectively.