Annual report pursuant to Section 13 and 15(d)

4. Stock Incentive Plan (Tables)

v3.20.1
4. Stock Incentive Plan (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Stock option activity
        Options Outstanding
    Options Available   Number ofOptions   Weighted-Average Exercise Price
Balances at January 1, 2018     941,408     658,592    $ 0.94
Granted(1)     (487,304)     487,304     6.00
Forfeited(2)     40,000     (40,000)     6.00
Balances at December 31, 2018     494,104     1,105,896                         2.99
Exercised     -     (18,433)     5.97
Balances at December 31, 2019   494,104     1,087,463                         2.94
Summary of options outstanding
Exercise Prices   Number of Shares Subject to Options Outstanding   Weighted-Average Contractual Term in Years   Number of Shares Subject to Options Fully Vested and Exercisable   Weighted-Average Remaining Contractual Term
$0.001     555,420    6.7 years     475,060    6.6 years
$6.00     532,043    8.6 years     283,521    8.4 years
      1,087,463         758,581