Common Stock and Warrants (Tables) |
9 Months Ended | |||||||||||||||||||||||||||||||||||
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Sep. 30, 2022 | ||||||||||||||||||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||||||||||||||||||
Schedule of Summary of Warrant Activity |
As of September 30, 2022, the following Warrants were outstanding:
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Schedule of Stock Compensation, Using the Black-scholes Option Pricing Model |
Non-cash stock-based sales incentive contra-revenue charges (“FedEx Warrant Charges”) associated with the FedEx Warrant are recognized as the customer makes qualified payments and vesting conditions become probable of being achieved, based on the grant date fair value of the FedEx Warrant. The fair values of the FedEx Warrant were determined as of the grant date in accordance with ASC 718, Compensation – Stock Compensation, using the Black-Scholes option pricing model and the following assumptions:
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FedEx Warrants [Member] | ||||||||||||||||||||||||||||||||||||
Class of Stock [Line Items] | ||||||||||||||||||||||||||||||||||||
Schedule of Summary of Warrant Activity |
The following table summarizes the FedEx Warrant activity for the nine months ended September 30, 2022:
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