STOCKHOLDERS EQUITY (DEFICIT) (Tables)
|
12 Months Ended |
Dec. 31, 2022 |
|---|
| STOCKHOLDERS EQUITY (DEFICIENCY) |
|
| Summary of the status of the Company's Options related to the 2019 Incentive Plan |
|
|
December 31, 2022 |
|
|
December 31, 2021 |
|
|
|
Number of
Options
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Options
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
1,721,074 |
|
|
$ |
7.38 |
|
|
|
606,250 |
|
|
$ |
9.67 |
|
Forfeited |
|
|
(767,250 |
) |
|
|
6.81 |
|
|
|
(37,500 |
) |
|
|
11.84 |
|
Issued |
|
|
736,083 |
|
|
|
3.73 |
|
|
|
1,152,324 |
|
|
|
6.32 |
|
Outstanding, end of period |
|
|
1,689,907 |
|
|
$ |
6.05 |
|
|
|
1,721,074 |
|
|
$ |
7.38 |
|
|
| Schedule of Options outstanding and exercisable |
Outstanding Options |
|
|
Exercisable Options |
|
Range of Exercise Price |
|
|
Number |
|
|
Average
Weighted
Remaining
Contractual
Life in
Years
|
|
|
Range of Exercise
Price
|
|
|
Number |
|
|
Weighted
Average
Exercise
Price
|
|
$ |
2.00-2.99 |
|
|
|
343,192 |
|
|
|
9.97 |
|
|
$ |
2.00-2.99 |
|
|
|
343,192 |
|
|
$ |
2.76 |
|
|
3.00-3.99 |
|
|
|
220,391 |
|
|
|
9.65 |
|
|
|
3.00-3.99 |
|
|
|
54,850 |
|
|
|
3.87 |
|
$ |
4.00-4.99 |
|
|
|
53,324 |
|
|
|
8.78 |
|
|
$ |
4.00-4.99 |
|
|
|
53,324 |
|
|
$ |
4.48 |
|
|
5.00-5.99 |
|
|
|
710,500 |
|
|
|
8.89 |
|
|
|
5.00-5.99 |
|
|
|
443,062 |
|
|
|
5.50 |
|
|
8.00-8.99 |
|
|
|
6,250 |
|
|
|
2.54 |
|
|
|
8.00-8.99 |
|
|
|
7,813 |
|
|
|
8.80 |
|
|
9.00-9.99 |
|
|
|
25,000 |
|
|
|
2.63 |
|
|
|
9.00-9.99 |
|
|
|
25,000 |
|
|
|
9.60 |
|
|
11.00-11.99 |
|
|
|
162,500 |
|
|
|
7.80 |
|
|
|
11.00-11.99 |
|
|
|
84,375 |
|
|
|
11.20 |
|
|
12.00-12.99 |
|
|
|
168,750 |
|
|
|
2.14 |
|
|
|
12.00-12.99 |
|
|
|
168,750 |
|
|
|
12.80 |
|
|
|
|
|
|
1,689,907 |
|
|
|
8.31 |
|
|
|
|
|
|
|
1,180,366 |
|
|
$ |
6.14 |
|
|
| Summary of unregistered warrants |
|
|
December 31, 2022 |
|
|
December 31, 2021 |
|
|
|
Number of
Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding, beginning of year |
|
|
2,553,635 |
|
|
$ |
7.57 |
|
|
|
2,502,291 |
|
|
$ |
7.67 |
|
Issued |
|
|
- |
|
|
|
- |
|
|
|
226,426 |
|
|
|
5.64 |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
(139,099 |
) |
|
|
6.41 |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
(951,437 |
) |
|
|
7.10 |
|
|
|
(35,983 |
) |
|
|
6.52 |
|
Outstanding, end of period |
|
|
1,602,198 |
|
|
$ |
7.85 |
|
|
|
2,553,635 |
|
|
$ |
7.57 |
|
|
| Schedule of unregistered warrants outstanding and exercisable by price range |
Outstanding Warrants |
|
|
Exercisable Warrants |
|
|
Range of |
|
Number |
|
|
Average Weighted
Remaining Contractual Life in Years
|
|
|
Exercise
Price
|
|
Number |
|
|
Weighted
Average
Exercise Price
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
5.00-5.99 |
|
|
220,800 |
|
|
|
3.42 |
|
$ |
5.00-5.99 |
|
|
220,800 |
|
|
|
5.50 |
|
|
6.00-6.99 |
|
|
156,875 |
|
|
|
2.50 |
|
|
6.00-6.99 |
|
|
156,875 |
|
|
|
6.40 |
|
|
8.00-8.99 |
|
|
950,084 |
|
|
|
0.79 |
|
|
8.00-8.99 |
|
|
950,084 |
|
|
|
8.04 |
|
|
9.00-9.99 |
|
|
231,938 |
|
|
|
2.69 |
|
|
9.00-9.99 |
|
|
231,938 |
|
|
|
9.60 |
|
|
10.00-10.99 |
|
|
1,688 |
|
|
|
3.37 |
|
|
10.00-10.99 |
|
|
1,688 |
|
|
|
10.40 |
|
|
11.00-11.99 |
|
|
35,813 |
|
|
|
1.00 |
|
|
11.00-11.99 |
|
|
35,813 |
|
|
|
11.20 |
|
|
14.00-14.99 |
|
|
5,000 |
|
|
|
1.99 |
|
|
14.00-14.99 |
|
|
5,000 |
|
|
|
14.40 |
|
|
|
|
|
1,602,198 |
|
|
|
1.61 |
|
|
|
|
|
1,602,198 |
|
|
$ |
7.85 |
|
|
| Schedule of Common Stock Warrants - Registered |
|
|
December 31, 2022 |
|
|
December 31, 2021 |
|
|
|
Number of
Registered Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Registered Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|
|
- |
|
|
$ |
- |
|
Issued |
|
|
- |
|
|
|
- |
|
|
|
3,174,000 |
|
|
|
5.50 |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
(198,503 |
) |
|
|
5.50 |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Outstanding, end of period |
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|
| Schedule of registered warrants outstanding and exercisable by price range |
Outstanding Registered Warrants |
|
|
Exercisable Registered Warrants |
|
Exercise Price |
|
|
Number |
|
|
Average Weighted
Remaining Contractual
Life in Years
|
|
|
Exercise
Price
|
|
|
Number |
|
|
Weighted
Average
Exercise Price
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
5.50 |
|
|
|
2,975,497 |
|
|
|
1.5 |
|
|
$ |
5.50 |
|
|
|
2,975,497 |
|
|
|
5.50 |
|
|