10-Q STOCK-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Schedule of Performance Shares
The performance vesting based on the Company share price were valued using a path-dependent model with the following inputs:
January 4, 2021June 8, 2021July 12, 2021August 30, 2021
Total shares granted1,055,000 60,000 25,000 30,000 
Performance condition valuation inputs:
Performance condition shares527,500 30,000 12,500 15,000 
Stock price at grant date$1.10 $3.51 $3.17 $3.04 
Market condition valuation inputs:
Market condition shares527,500 30,000 12,500 15,000 
Beginning stock price$1.10 $3.51 $3.17 $3.04 
Volatility77 %93 %93 %95 %
Risk-free rate0.36 %0.79 %0.71 %0.65 %
Number of iterations100,000 100,000 100,000 100,000 
Fair value per share$0.41 $2.71 $2.38 $2.26 
Term (in years)3.21.71.81.8
The performance vesting based on the Company share price were valued using a path-dependent model with the following inputs:
January 4, 2021June 8, 2021July 12, 2021August 30, 2021March 28, 2022
Total shares granted1,055,000 60,000 25,000 30,000 40,000 
Performance condition valuation inputs:
Performance condition shares527,500 30,000 12,500 15,000 20,000 
Stock price at grant date$1.10 $3.51 $3.17 $3.04 $1.68 
Market condition valuation inputs:
Market condition shares527,500 30,000 12,500 15,000 20,000 
Beginning stock price$1.10 $3.51 $3.17 $3.04 $1.68 
Volatility77 %93 %93 %95 %95 %
Risk-free rate0.36 %0.79 %0.71 %0.65 %2.51 %
Number of iterations100,000 100,000 100,000 100,000 100,000 
Fair value per share$0.41 $2.71 $2.38 $2.26 $0.91 
Term (in years)3.21.71.81.82.2