Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.23.2
Stockholders’ Equity (Tables)
 6 Months Ended
Jun. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of assumptions
               
        Six months ended
        June 30,
      2023       2022  
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, June 30, 2023       1,239,177     $ 4.09       8.47       2,154,274  
                                     
  Exercisable options, June 30, 2023       753,175     $ 4.43       8.34          
Forza 2022 Stock Incentive Plan [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of assumptions
       
      Year ended  
      June 30,  
      2023  
Expected term     5 years  
Expected average volatility     111 - 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       0.07     $ 4,009,913  
  Granted       —         —         —         —    
  Exercised       —         —                    
  Forfeited/canceled       (36,944 )     1.33       9.74       —    
  Outstanding, June 30, 2023       1,404,556     $ 3.46       9.27     $ 4,009,913  
                                     
  Exercisable options, June 30, 2023       360,125     $ 3.98       9.22