Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.23.1
Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of assumptions
               
        Year ended    
        December 31,      
       2022       2021  
Expected term      5 years          4.94 - 5 years    
Expected average volatility      49 - 51%          49 - 55%    
Expected dividend yield            
Risk-free interest rate      1.50 –4.45%          0.72 - 1.00%    
Schedule of expected volatility of option
                                   
    Options Outstanding   Weighted Average    
    Number of   Weighted Average   Remaining life    
    Options   Exercise Price   (years)   Fair value of option
                 
  Outstanding, December 31, 2022       1,283,571     $ 4.14       8.95     $ 2,256,233  
  Granted                          
  Exercised                            
  Expired       (44,394 )     (5.40 )           (101,960 )
  Forfeited/canceled                          
  Outstanding, March 31, 2023       1,239,177     $ 4.09       8.72     $ 2,154,274  
                                     
  Exercisable options, March 31, 2023       679,279     $ 4.48       8.57          
Forza 2022 Stock Incentive Plan [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of assumptions
       
      Year ended  
      December 31,  
      2022  
Expected term     5 years  
Expected average volatility     112 - 115%  
Expected dividend yield      
Risk-free interest rate     2.98 - 3.62%  
Schedule of expected volatility of option
                                   
    Options Outstanding   Weighted Average    
    Number of   Weighted Average   Remaining life    
    Options   Exercise Price   (years)   Fair value of option
                 
  Outstanding, December 31, 2021           $           $  
  Granted       1,441,500       3.41       10.00       4,009,913  
  Exercised                              
  Forfeited/canceled                          
  Outstanding, December 31, 2022       1,441,500     $ 3.41       10.00     $ 4,009,913  
  Granted                          
  Exercised                              
  Forfeited/canceled       (36,944 )     1.33       9.74        
  Outstanding, March 31, 2023       1,404,556     $ 3.46       9.51     $ 4,009,913  
                                     
  Exercisable options, March 31, 2023       240,583     $ 4.21       9.44