Stock Options (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
| Share-based Payment Arrangement [Abstract] |
|
| Schedule of stock options to executives’ officers and non-employee directors |
| Name | |
Number of Options | | |
Exercise Price | | |
Vesting Schedule |
| Jeffery D Johnson | |
| 500,000 | | |
$ | 2.80 | | |
125,000 on grant date. 187,5,000 on each of the next 2 Employment Anniversaries. |
| Shalom Arik Maimon | |
| 200,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Michael DePrado | |
| 150,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Ran Daniel | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Richard Berman | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Yochanon Bruk | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Jeff Lewis | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| David Schottenstein | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Adiv Baruch | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
| Carol Pepper | |
| 100,000 | | |
$ | 2.80 | | |
50% on grant date; 50% on 12 month anniversary of grant date |
|
| Schedule of Black-Scholes option pricing model |
| Common stock price | |
| 2.80 | |
| Dividend yield | |
| 0 | % |
| Risk-free interest rate | |
| 1.60 | % |
| Expected term (years) | |
| 10 | |
| Expected volatility | |
| 480 | % |
|
| Schedule of stock option activity |
| | |
Shares | | |
Weighted- Average Exercise Price Per Share | |
| Outstanding, December 31, 2020 | |
| 135,200 | | |
$ | 11.18 | |
| Granted | |
| 1,550,000 | | |
$ | 2.80 | |
| Forfeited | |
| 100,000 | | |
$ | 2.80 | |
| Outstanding, December 31, 2021 | |
| 1,585,200 | | |
$ | 3.69 | |
| | |
Shares | | |
Weighted- Average Exercise Price Per Share | |
| Outstanding, December 31, 2019 | |
| 84,818 | | |
$ | 31.97 | |
| Granted | |
| 79,200 | | |
| 14.35 | |
| Forfeited | |
| 28,818 | | |
| 81.12 | |
| Outstanding, December 31, 2020 | |
| 135,200 | | |
$ | 11.18 | |
|
| Schedule of information regarding outstanding and exercisable options |
| | | |
Outstanding | | |
Exercisable | |
| Exercise Prices | | |
Number of Option Shares | | |
Weighted Average Exercise Price | | |
Weighted Average Remaining Life (Years) | | |
Number of Option Shares | | |
Weighted Average Exercise Price | |
| $ | 14.35 | | |
| 79,200 | | |
$ | 14.35 | | |
| 1.24 | | |
| 79,200 | | |
$ | 14.35 | |
| | 7.50 | | |
| 36,000 | | |
| 7.50 | | |
| 1.71 | | |
| 36,000 | | |
| 7.50 | |
| | 5.23 | | |
| 20,000 | | |
| 5.23 | | |
| 2.24 | | |
| 20,000 | | |
| 5.23 | |
| | 2.80 | | |
| 1,450,000 | | |
| 2.80 | | |
| 9.84 | | |
| 785,000 | | |
| 2.80 | |
| | | | |
| 1,585,200 | | |
$ | 3.69 | | |
| 9.13 | | |
| 920,200 | | |
$ | 4.24 | |
| | | |
Outstanding | | |
Exercisable | |
| Exercise Prices | | |
Number of Option Shares | | |
Weighted Average Exercise Price | | |
Weighted Average Remaining Life
(Years) | | |
Number of Option Shares | | |
Weighted Average Exercise Price | |
| $ | 14.35 | | |
| 79,200 | | |
$ | 14.35 | | |
| 2.24 | | |
| 79,200 | | |
$ | 14.35 | |
| | 7.50 | | |
| 36,000 | | |
| 7.50 | | |
| 2.71 | | |
| 36,000 | | |
| 7.50 | |
| | 5.23 | | |
| 20,000 | | |
| 5.23 | | |
| 3.24 | | |
| 20,000 | | |
| 5.23 | |
| | | | |
| 135,200 | | |
$ | 11.18 | | |
| 2.51 | | |
| 135,200 | | |
$ | 11.18 | |
|