Quarterly report pursuant to Section 13 or 15(d)

Summary of Stock Option Activity (Details)

v3.21.2
Summary of Stock Option Activity (Details)
 6 Months Ended
Jun. 30, 2021
USD ($)
$ / shares
shares
Share-based Payment Arrangement [Abstract]  
Number of Options, Outstanding, Beginning Balance | shares 5,801,349
Weighted Average Exercise Price, Beginning Balance | $ / shares $ 0.90
Weighted Average Contractual Term, Outstanding Beginning 8 years 6 months 7 days
Aggregate Intrinsic Value Outstanding, Beginning | $ $ 2,773 [1]
Number of Options Outstanding, Granted | shares 1,670,000
Weighted Average Exercise Price, Granted | $ / shares $ 1.20
Number of Options Outstanding, Exercised | shares (556,540)
Weighted Average Exercise Price, Exercised | $ / shares $ 0.48
Number of Options Outstanding, Forfeited | shares (417,167)
Weighted Average Exercise Price, Forfeited | $ / shares $ 1.24
Number of Options Outstanding, Ending Balance | shares 6,497,642
Weighted Average Exercise Price, Ending Balance | $ / shares $ 0.99
Weighted Average Contractual Term, Outstanding Ending 7 years 3 months 3 days
Aggregate Intrinsic Value Outstanding, Ending | $ $ 759,709 [1]
Number of Options Outstanding, Exercisable Ending Balance | shares 5,564,305
Weighted Average Exercise Price, Exercisable Ending Balance | $ / shares $ 1.00
Weighted Average Contractual Term, Exercisable Ending 6 years 11 months 15 days
Aggregate Intrinsic Value Exercisable, Ending | $ $ 677,808 [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 June 30, 2021, respectively.