Stockholders’ Equity (Tables)
|
3 Months Ended |
Mar. 31, 2024 |
|---|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of restricted stock units |
| Schedule of restricted stock units |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Restricted Stock Units Outstanding |
|
Weighted |
|
|
| |
|
Number of |
|
Weighted Average
Grant – Date |
|
Average
Remaining life |
|
Aggregate Intrinsic |
| |
|
Units |
|
Fair Value Price |
|
(years) |
|
Value |
| |
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2023 |
|
|
|
67,250 |
|
|
$ |
2.25 |
|
|
|
2.07 |
|
|
$ |
57,842 |
|
| Granted |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Exercised |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Forfeited/canceled |
|
|
|
(11,086 |
) |
|
|
(2.25 |
) |
|
|
|
|
|
|
(9,535 |
) |
| Outstanding, March 31, 2024 |
|
|
|
56,164 |
|
|
$ |
2.25 |
|
|
|
2.35 |
|
|
$ |
48,307 |
|
|
| Twin Vee [Member] |
|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of assumptions |
| Schedule of assumptions |
|
|
|
|
|
|
|
|
| |
|
|
Three months ended |
|
| |
|
|
March 31, 2024 |
|
| |
|
|
2024 |
|
|
|
2023 |
|
| Expected term |
|
|
5 years |
|
|
|
4.94 - 5 years |
|
| Expected average volatility |
|
|
27 - 46% |
|
|
|
49 - 50% |
|
| Expected dividend yield |
|
|
— |
|
|
|
— |
|
| Risk-free interest rate |
|
|
1.50 –4.45% |
|
|
|
1.50 – 2.96% |
|
|
| Schedule of option activity |
| Schedule of option activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Options Outstanding |
|
Weighted Average |
|
|
| |
|
Number of
Options |
|
Weighted Average
Exercise Price |
|
Remaining life
(years) |
|
Grant Date Fair
value of option |
| |
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2023 |
|
|
|
1,271,016 |
|
|
$ |
3.99 |
|
|
|
8.04 |
|
|
|
2,213,147 |
|
| Granted |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Exercised |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Expired |
|
|
|
(8,906 |
) |
|
|
(2.73 |
) |
|
|
— |
|
|
|
(11,109 |
) |
| Forfeited/canceled |
|
|
|
(25,695 |
) |
|
|
(1.77 |
) |
|
|
— |
|
|
|
(18,929 |
) |
| Outstanding, March 31, 2024 |
|
|
|
1,236,415 |
|
|
$ |
4.04 |
|
|
|
3.75 |
|
|
|
2,183,109 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable options, March 31, 2024 |
|
|
|
931,533 |
|
|
$ |
4.39 |
|
|
|
4.37 |
|
|
|
|
|
|
| Forza [Member] |
|
| Defined Benefit Plan Disclosure [Line Items] |
|
| Schedule of assumptions |
| Schedule of assumptions |
|
|
|
|
| |
|
|
Three Months Ended |
|
| |
|
|
March 31, |
|
| |
|
|
2024 |
|
| Expected term |
|
|
5 years |
|
| Expected average volatility |
|
|
108 - 113% |
|
| Expected dividend yield |
|
|
— |
|
| Risk-free interest rate |
|
|
2.98 - 4.72% |
|
|
| Schedule of option activity |
| Schedule of option activity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Options Outstanding |
|
Weighted Average |
|
|
| |
|
Number of |
|
Weighted Average |
|
Remaining life |
|
Grant Date |
| |
|
Options |
|
Exercise Price |
|
(years) |
|
Fair value of option |
| |
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2022 |
|
|
|
1,441,500 |
|
|
$ |
3.41 |
|
|
|
0.05 |
|
|
$ |
4,009,913 |
|
| Granted |
|
|
|
518,000 |
|
|
|
0.70 |
|
|
|
9.76 |
|
|
|
287,835 |
|
| Exercised |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
| Forfeited/canceled |
|
|
|
(69,583 |
) |
|
|
1.24 |
|
|
|
9.62 |
|
|
|
(40,248 |
) |
| Outstanding, December 31, 2023 |
|
|
|
1,889,917 |
|
|
$ |
2.75 |
|
|
|
9.36 |
|
|
$ |
4,257,500 |
|
| Granted |
|
|
|
— |
|
|
|
— |
|
|
|
0 |
|
|
|
|
|
| Exercised |
|
|
|
— |
|
|
|
— |
|
|
|
0 |
|
|
|
|
|
| Forfeited/canceled |
|
|
|
(396,843 |
) |
|
|
1.66 |
|
|
|
8.98 |
|
|
|
(69,413 |
) |
| Outstanding, Mach 31, 2024 |
|
|
|
1,493,074 |
|
|
$ |
2.75 |
|
|
|
8.78 |
|
|
$ |
4,188,087 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable options, March 31, 2024 |
|
|
|
748,750 |
|
|
$ |
3.48 |
|
|
|
8.58 |
|
|
|
|
|
|