v3.22.2.2
EQUITY INCENTIVE PLAN (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Equity Incentive Plan    
SCHEDULE OF FAIR VALUE OF STOCK OPTION ASSUMPTIONS

Assumptions used in the pricing model are as provided below.

 

SCHEDULE OF FAIR VALUE OF STOCK OPTION ASSUMPTIONS 

Risk-free interest rate   1.55%
Exercise price  $20.70 
Expected life   5 years 
Expected volatility   44.12%
Expected dividends   - 

Risk-free interest rate   %
Exercise price  $ 
Expected life   5 years 
Expected volatility   %
Expected dividends    
SCHEDULE OF STOCK OPTION ACTIVITY

A summary of the Company’s stock option plan and changes during the nine months ended September 30, 2022 is as follows:

 

 SCHEDULE OF STOCK OPTION ACTIVITY

   Number of options   Weighted average exercise price 
Balance - beginning of the year   -   $- 
Granted   18,641    20.70 
Exercised   -    - 
Cancelled   -    - 
Balance - end of period   18,641   $20.70 

   Number of options   Weighted average exercise price 
Balance - beginning of the year      $ 
Granted        
Exercised        
Cancelled        
Balance - end of period      $