Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.22.2.2
Stockholders’ Equity (Tables)
 9 Months Ended
Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of share-based payment award stock options valuation assumptions
     
    Nine months ended  
    September 30,  
    2022  
Expected term   5 years  
Expected average volatility   49 - 50%  
Expected dividend yield   —  
Risk-free interest rate   1.50 – 2.96%  
Schedule of expected volatility of option
                     
  Options Outstanding   Weighted Average
  Number of   Weighted Average   Remaining life
  Options   Exercise Price   (years)
           
Outstanding, December 31, 2021   713,612     $ 5.13       9.54  
Granted   277,500       3.84       10.00  
Exercised   —       —       —  
Forfeited/canceled   (7,624 )     (4.10 )     (9.10 )
Outstanding, September 30, 2022   983,488     $ 4.81       8.94  
                       
Exercisable options, September 30, 2022   463,707     $ 4.81       8.93  
Forza 2022 Stock Incentive Plan [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of share-based payment award stock options valuation assumptions
     
  Nine months ended
  September 30,
  2022
Expected term   5 years  
Expected average volatility   115 %
Expected dividend yield   —  
Risk-free interest rate   2.98 %
Schedule of expected volatility of option
                       
    Options Outstanding   Weighted Average
    Number of   Weighted Average   Remaining life
    Options   Exercise Price   (years)
             
Outstanding, December 31, 2021     —     $ 0.00       0.00  
Granted     816,500       5.00       10.00  
Exercised     —       —       —  
Outstanding, September 30, 2022     816,500     $ 5.00       9.87  
                         
Exercisable options, September 30, 2022     47,194     $ 5.00       9.87