v3.22.2.2
Stock-Based Compensation (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2022
Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]    
Schedule of stock-based compensation expense
   Three Months Ended
September 30,
   Nine Months Ended
September 30,
 
   2022   2021   2022   2021 
General and administrative:                
RSU awards  $23,928   $114,527   $108,040   $323,095 
Stock Options   (10,912)   
—
    36,784    
—
 
General and administrative stock-based compensation expense   13,016    114,527    144,824    323,095 
Research and development:                    
RSU awards   6,021    16,793    39,608    41,871 
Stock Options   21,638    
—
    84,323    
—
 
Research and development stock-based compensation expense   27,659    16,793    123,931    41,871 
Total stock-based compensation expense  $40,675   $131,320   $268,755   $364,966 

 

   Year Ended
December 31,
2021
   Year Ended
December 31,
2020
 
General and administrative  $412,214    27,446 
Research and development   58,664    1,786 
Total share-based compensation expense  $470,878    29,232 
Schedule of activity related to stock options
   Shares   Weighted-average Exercise Price   Weighted-average Remaining Contractual Term (Years) 
Outstanding at December 31, 2021   
—
   $
       —
            
Granted   550,273    1.10      
Exercised   
—
    
—
      
Expired and foreited   (197,960)   1.40      
Outstanding at September 30, 2022   352,313   $0.93    5.3 
Exercisable at September 30, 2022   212,513   $0.63    2.6 

 

 
Schedule of fair value of stock options assumptions
Volatility   96.5%
Expected term (years)   5.00 
Risk-free interest rate   2.27%
Expected dividend yield   0.0%