Registration statement for securities of certain foreign private issuers

EQUITY (Tables)

v3.22.2.2
EQUITY (Tables)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
EQUITY    
Schedule of stock options using the Black-Scholes option pricing model and used the assumptions

    

For the Years Ended

 

December 31,

2021

    

2020

Risk-free interest rate

0.73

%  

0.13

%

Contractual term (years)

 

1-3

 

2.00

Expected volatility

 

66.00

%  

42.00

%

Expected dividends

 

0.00

%  

0.00

%

    

For the Years Ended

 

December 31,

2020

    

2019

Risk-free interest rate

0.13

%  

2.50

%

Contractual term (years)

 

2.00

 

2.00

Expected volatility

 

42.00

%  

39.00

%

Expected dividends

 

0.00

%  

0.00

%

Summary of option activity

A summary of the option activity during the year ended December 31, 2021 was as follows (revised to give retroactive effect to the 6 for 1 stock split in April 2021):

    

    

Weighted

    

Weighted

    

Average

Average

Aggregate

No of

Share

Remaining

Intrinsic

   

Options

   

Price

   

Life

   

Value

Outstanding Jan. 1, 2021

 

73,428

 

5.81

 

1.00

 

97,782

Granted

 

85,836

 

5.81

 

2

 

  

Exercised

 

 

 

 

Expired

 

 

 

 

Outstanding Dec 31, 2021

 

159,264

 

5.81

 

1.00

 

  

A summary of the option activity during the years ended December 31, 2020 and 2019 was as follows (revised to give retroactive effect to the 6 for 1 stock split in April 2021):

    

    

Weighted

    

Weighted

    

Average

Average

Aggregate

No of

Share

Remaining

Intrinsic

   

Options

   

Price

   

Life

   

Value

Outstanding Jan. 1, 2018

 

253,818

 

2.43

 

1.00

 

119,667

Granted

 

257,478

 

3.56

 

0.00

 

0

Exercised

 

(253,818)

 

2.43

 

0.00

 

0

Expired

0

0.00

0.00

0

Outstanding Dec 31, 2019

257,478

3.56

1.00

580,613

Granted

73,428

5.81

0.00

0

Exercised

(257,478)

0.00

0.00

0

Expired

 

0

 

0.00

 

0.00

 

0

Outstanding Dec 31, 2020

 

73,428

 

5.81

 

1.00

 

97,782

Schedule of information related to options outstanding

The following table presents information related to options outstanding at December 31, 2021 and 2020:

    

Options Outstanding

    

  

    

Options Exercisable  

Weighted

Average

Outstanding

Underlying

Remaining

Exercisable

Exercise

Number

Common

Life in

Number of

Year

   

Price

   

of options

   

Stock

   

Years

   

Warrants

2021

$

5.81

 

85,836

 

Genius Group

 

1

 

n/a

The following table presents information related to options outstanding at December 31, 2020 and 2019:

    

Options Outstanding

    

  

    

Options Exercisable  

Weighted

Average

Outstanding

Underlying

Remaining

Exercisable

Exercise

Number

Common

Life in

Number of

Year

   

Price

   

of options

   

Stock

   

Years

   

Warrants

2019

$

3.56

257,478

Genius Group

n/a

n/a

2020

$

5.81

 

73,428

 

Genius Group

 

n/a

 

n/a