Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.21.1
STOCKHOLDERS' EQUITY (Tables)
 3 Months Ended
Mar. 31, 2021
Stockholders' Equity Note [Abstract]  
Schedule of assumptions used in Black-Scholes Model
    Three months ended,  
    31-Mar-21  
Stock price   $ 12.92  
Risk-free interest rate     0.57 %
Volatility     52.80 %
Expected life in years     10  
Dividend yield     0.00 %

 
Schedule of stock option activity
              Weighted  
        Weighted     Average  
    Number of     Average     Remaining  
    Shares Under

     Exercise     Contractual   
    Option     Price     Life  
Balance on December 31, 2020     568,006     $ 7.39       9.4  
Granted     25,000     $ 12.92       0.2  
Expired    
-
      
-
          
Terminated    
-
      
-
          
Canceled    
-
      
-
          
Balance on March 31, 2021     593,006     $ 7.63       9.2  
Vested and Exercisable at March 31, 2021     401,589     $ 7.71       9.3