Subsequent Events |
12 Months Ended |
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Dec. 31, 2020 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
Note 12 - Subsequent Events Management has evaluated subsequent events to determine if events or transactions occurring through the date on which the financial statements were issued require adjustment or disclosure in the Company’s financial statements. Subsequent to December 31, 2020, a total of 623,901 stock options were exercised for cash proceeds of $958,847. Subsequent to December 31, 2020, a total of 46,900 warrants were exercised for cash proceeds of $67,536. Subsequent to December 31, 2020, the Company granted warrants to purchase a total of 60,000 shares of the Company’s common stock with an exercise price of $1.38 per share. The warrants have terms that range from two to three years with vesting over a one-year period. Subsequent to December 31, 2020, the company repaid two promissory notes totaling approximately $105,000 in principal and interest. |
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- References No definition available.
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- Definition 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
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