|6 Months Ended|
Jun. 30, 2022
|Subsequent Events [Abstract]|
Note 9 – Subsequent Events
Management has evaluated subsequent events to determine if events or transactions occurring through the date on which the condensed financial statements were issued require adjustment or disclosure in the Company’s condensed financial statements.
Subsequent to June 30, 2022, the Company granted stock options to purchase a total of 0.2 million shares of the Company’s common stock with an exercise price of $0.197 per share. The stock options have a term of ten years with vesting over a four-year period.
Subsequent to June 30, 2022, the Company issued 168,138 shares of common stock at a price of $0.1488 per share pursuant to its Employee Stock Purchase Plan (the “ESPP”). Two officers of the Company participated in the ESPP.
Subsequent to June 30, 2022, warrants to purchase 130,000 shares of the Company’s common stock expired.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef