v3.23.1
EQUITY-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Fair Value Assumptions
20222021
Risk-free interest rate
1.62%-1.70%
0.93%-1.09%
Volatility
125.19% - 126.42%
130.44%-133.35%
Expected life (years)
5 -6 years
6 years
Expected dividend yield0.00%0.00%
Summary of Stock Option Activity The following table summarizes stock option activity for employees and non-employees for the twelve months ended December 31, 2022 and 2021:
 SharesWeighted-Average
Exercise Price
Weighted-Average
Remaining
Contractual
Term (in years)
Aggregate
Intrinsic
Value
Outstanding at December 31, 202062,559 $69.50 4.87$175,770 
Granted3,160 32.50 
Exercised— — 
Forfeited(1,800)— 
Expired— — 
Outstanding at December 31, 202163,919 $68.75 8.50$— 
Exercisable at December 31, 202127,334 $121.25 8.21$— 
Granted51,360 $10.95 
Exercised— 
Forfeited(6,776)
Expired(1,375)
Outstanding at December 31, 2022107,128 $23.67 8.29$— 
Exercisable at December 31, 202238,100 $35.85 7.63$—