Balance at December 31, 2020

1.50 – 6.00

3.80 Years

Warrants Granted

6.00 – 9.00

3.40 Years

Warrants Exercised

Warrants Expired  

Balance at September 30, 2021

 1.50 – 9.00

3.30 Years

Warrants

Outstanding

Number of

Shares

Exercise Price Per

Share

Weighted Average Remaining Contractual Life⁽¹⁾

Weighted Average

Exercise Price Per Share

Aggregate Intrinsic Value

Balance at December 31, 2021

836,464

$

1.50 – 9.00

3.04 Years

$

6.78

$

1,784,838

Warrants Granted

13,315,461

$

1.35 – 5.31

5.80 Years

$

1.94

$

9,896,694

Warrants Exercised

-

Warrants Expired/Forfeited  

-

Balance at September 30, 2022

14,151,925

$

1.35 – 9.00

5.66 Years

$

1.62

$

14,934,593

Options

Outstanding

Number of

Shares

Exercise Price Per

Share

Weighted Average Remaining Contractual Life

Weighted Average

Exercise Price Per Share

Aggregate Intrinsic Value

Balance at December 31, 2020

857,409

$

0.79 – 9.90

7.45 Years

$

1.50

$

6,302,277

Options Granted

203,509

7.50 – 10.73

2.58 Years

9.53

(414,147

) 

Options Exercised

-

Options Cancelled

(70,196

)

0.79 – 9.87

8.91

Options Expired/Forfeited  

-

Balance at September 30, 2021

990,722

$

0.79 – 10.73

6.15 Years

$

2.63

$

4,829,417

Options

Outstanding

Number of

Shares

Exercise Price Per

Share

Weighted Average Remaining Contractual Life

Weighted Average

Exercise Price Per Share

Aggregate Intrinsic Value

Balance at December 31, 2021

1,053,356

$

0.79 – 10.74

6.21 Years

$

3.39

$

5,804,517

Options Granted

70,000

$

8.25 – 9.08

1.58 Years

$

8.29

$

-

Options Exercised

-

Options Cancelled

-

Options Expired/Forfeited  

(21,667

)

$

4.94 – 10.73

$

9.33

Balance at September 30, 2022

1,101,689

$

0.79 – 10.30

5.28 Years

$

3.59

$

559,146

Exercise Price Per

Share

Exercisable at December 31, 2021

$

0.79 - 10.74

6.70 Years

Exercisable at September 30, 2022

$

0.79 – 10.30

6.06 Years