v3.23.1
SHARE-BASED PAYMENTS (Tables)
12 Months Ended
Dec. 31, 2022
SHARE-BASED PAYMENTS  
Summary of information related to common stock and preferred stock warrants

    

Common

    

Weighted

Stock

Average

Warrants

Exercise Price

Outstanding - December 31, 2020

 

9,146

$

266

Granted

 

30,120

 

458

Conversion of preferred stock warrants upon IPO

516

766

Exercised

(3,869)

457

Forfeited

(112)

766

Outstanding - December 31, 2021

35,801

$

412

Granted

6,032,700

5.61

Exercised

(1,650,181)

5.25

Forfeited

Outstanding - December 31, 2022

4,418,320

$

8.37

Exercisable at December 31, 2021

35,801

$

412

Exercisable at December 31, 2022

4,281,956

$

8.42

Summary of information related to stock options under stock plan

    

    

Weighted

Average

    

Options

Exercise Price

Outstanding - December 31, 2020

 

11,631

$

234

Granted

 

27,320

 

415

Exercised

 

 

Forfeited

 

Outstanding - December 31, 2021

38,951

$

362

Granted

Exercised

Forfeited

Outstanding - December 31, 2022

 

38,951

$

362

Exercisable at December 31, 2021

31,646

$

359

Exercisable at December 31, 2022

 

34,713

$

405

Weighted average duration (years) to expiration of outstanding options at December 31, 2022

 

7.00

 

  

Schedule of assumptions utilized for option grants

Year Ended

 

December 31,

 

    

2022

    

2021

 

Risk Free Interest Rate

 

n/a

0.34% - 0.85

%

Expected Dividend Yield

 

n/a

0.00

%

Expected Volatility

 

n/a

58.00

%

Expected Life (years)

 

n/a

 

5.18