Quarterly report pursuant to Section 13 or 15(d)

19. Stock Options (Tables)

v3.21.2
19. Stock Options (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
Stock option Assumptions
 Assumptions  

Nine months ended

September 30, 2021

Exercise price   $ 2.62 to 5.10  
Risk free interest rate     0.92 to 1.63 %
Expected life of options     10 years  
Expected volatility of underlying stock     223 to 229.8 %
Expected dividend rate     0 %
Stock Option Activity
Stock Option Activity    Number of shares   Exercise price per share   Weighted average exercise price
Outstanding January 1, 2020     315,938     $ 2.72 to 2.96     $ 2.84  
Granted     1,307,000       1.84 to 2.03       1.95  
Forfeited/cancelled                  
Exercised                  
Expired                  
Outstanding December 31, 2020     1,622,938     $ 1.84 to 2.96       2.11  
Granted     1,168,500       2.62 to 5.10       3.15  
Forfeited/cancelled     (50,000     2.62       2,62  
Exercised                  
Outstanding September 30, 2021     2,741,438     $ 1.84 to 5.10     $ 2.16  
Stock Options - Stock options outstanding
Stock Options Outstanding
    Options outstanding   Options exercisable

 

Exercise price

    Number of shares       Weighted average remaining years       Weighted average exercise price       Number of shares       Weighted average exercise price  
$1.84     648,000       8.98               162,000          
$2.03     659,000       9.01               316,333          
$2.72     25,000       4.75               25,000          
$2.80     220,625       7.98               110,495          
$2.96     70,313       7.77               70,313          
$4.03     1,020,000       9.76               51,667          
$4.07     25,000       9.79                        
$4.20     25,000       9.59                        
$5.10     48,500       9.96                        
      2,741,438       9.16     $ 2.91       735,807     $ 2.36