|3 Months Ended|
Mar. 31, 2021
|Subsequent Events [Abstract]|
Note 10 – Subsequent Events
Management has evaluated subsequent events to determine if events or transactions occurring through the date on which the condensed financial statements were issued require adjustment or disclosure in the Company’s condensed financial statements.
Subsequent to March 31, 2021, the Company granted options to purchase up to an aggregate of 6,222,000 shares of the Company’s common stock. The options were issued at an exercise prices of either $1.35 or $1.38 per share with terms of 10 years and vesting periods ranging from approximately three to four years.
Subsequent to March 31, 2021, options to purchase an aggregate of 1,211,250 shares of the Company’s common stock were forfeited and returned to the option pool for future issuance.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef