SUMMARY OF FAIR VALUE OF OPTIONS GRANTED (Details) |
6 Months Ended | |
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Jun. 30, 2023 |
Jun. 30, 2022 |
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| Option Indexed to Issuer's Equity [Line Items] | ||
| Expected term in years | 6 years 3 months | |
| Employee Stock Option [Member] | ||
| Option Indexed to Issuer's Equity [Line Items] | ||
| Risk free interest rate | 3.81% | 1.81% |
| Expected dividend yield | 0.00% | 0.00% |
| Expected term in years | 6 years 3 months | 6 years 3 months |
| Expected volatility | 101.33% | 97.76% |
| Estimated Forfeiture Rate | 15.56% | 12.37% |
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- Definition Estimated forfeiture rate. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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