Temporary Equity and Stockholders' Deficiency (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
|---|
| Equity [Abstract] |
|
| Summary of Warrants Activity |
A summary of warrant activity
during the year ended December 31, 2020 is presented below:
| |
|
Number of Warrants |
|
|
Weighted Average Exercise Price |
|
|
Weighted Average Remaining Life in Years |
|
|
Intrinsic Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding, January 1, 2020 |
|
|
37,790 |
|
|
$ |
31.67 |
|
|
|
|
|
|
|
|
|
| Issued |
|
|
943,700 |
|
|
|
5.14 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Cancelled |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Expired |
|
|
(11,663 |
) |
|
|
30.41 |
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2020 |
|
|
969,827 |
|
|
$ |
5.87 |
|
|
|
0.7 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable, December 31, 2020 |
|
|
969,827 |
|
|
$ |
5.87 |
|
|
|
0.7 |
|
|
$ |
- |
|
|
| Schedule of Warrants Outstanding and Exercisable |
A summary of outstanding
and exercisable warrants as of December 31, 2020 is presented below:
| Warrants Outstanding |
|
|
Warrants Exercisable |
|
| Exercise Price |
|
|
Exercisable Into |
|
Outstanding Number of Warrants |
|
|
Weighted Average Remaining Life in Years |
|
|
Exercisable Number of Warrants |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
5.10 |
|
|
Common Stock |
|
|
905,362 |
|
|
|
0.7 |
|
|
|
905,362 |
|
| $ |
6.00 |
|
|
Common Stock |
|
|
38,338 |
|
|
|
0.9 |
|
|
|
38,338 |
|
| $ |
30.00 |
|
|
Common Stock |
|
|
18,345 |
|
|
|
0.6 |
|
|
|
18,345 |
|
| $ |
37.50 |
|
|
Common Stock |
|
|
7,782 |
|
|
|
0.3 |
|
|
|
7,782 |
|
| |
|
|
|
Total |
|
|
969,827 |
|
|
|
0.7 |
|
|
|
969,827 |
|
|
| Schedule of Fair Value Assumptions of Stock Option |
Assumptions used in applying the
Black-Scholes option pricing model during years ended December 31, 2020 and 2019, respectively, are as follows:
| |
|
For the Years Ended |
|
| |
|
December 31, |
|
| |
|
2020 |
|
|
2019 |
|
| |
|
|
|
|
|
|
| Risk free interest rate |
|
|
0.16 - 0.39 |
% |
|
|
1.84 - 2.43 |
% |
| Expected term (years) |
|
|
3.6 - 5.0 |
|
|
|
3.6 - 5.0 |
|
| Expected volatility |
|
|
58.00 |
% |
|
|
51.00 - 52.00 |
% |
| Expected dividends |
|
|
0.00 |
% |
|
|
0.00 |
% |
|
| Schedule of Stock Option Activity |
A summary of GGH stock
options activity during the year ended December 31, 2020 is presented below:
| |
|
Number of Options |
|
|
Weighted Average Exercise Price |
|
|
Weighted Average Remaining Life in Years |
|
|
Intrinsic Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding, January 1, 2020 |
|
|
636,750 |
|
|
$ |
13.11 |
|
|
|
|
|
|
|
|
|
| Granted |
|
|
115,681 |
|
|
|
9.07 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Expired |
|
|
(86,187 |
) |
|
|
17.86 |
|
|
|
|
|
|
|
|
|
| Forfeited |
|
|
(39,665 |
) |
|
|
8.80 |
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2020 |
|
|
626,579 |
|
|
$ |
10.54 |
|
|
|
3.1 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable, December, 2020 |
|
|
283,465 |
|
|
$ |
13.70 |
|
|
|
2.3 |
|
|
$ |
- |
|
|
| Schedule of Stock Option Outstanding and Exercisable |
The following table presents
information related to GGH stock options as of December 31, 2020:
| Options Outstanding |
|
|
Options Exercisable |
|
| Exercise Price |
|
|
Outstanding Number of Options |
|
|
Weighted Average Remaining Life in Years |
|
|
Exercisable Number of Options |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
5.78 |
|
|
|
235,998 |
|
|
|
3.4 |
|
|
|
81,256 |
|
| $ |
8.09 |
|
|
|
85,338 |
|
|
|
2.7 |
|
|
|
48,003 |
|
| $ |
8.85 |
|
|
|
3,334 |
|
|
|
- |
|
|
|
- |
|
| $ |
9.00 |
|
|
|
10,001 |
|
|
|
- |
|
|
|
- |
|
| $ |
9.08 |
|
|
|
102,346 |
|
|
|
- |
|
|
|
- |
|
| $ |
11.55 |
|
|
|
79,981 |
|
|
|
2.1 |
|
|
|
58,210 |
|
| $ |
16.50 |
|
|
|
62,908 |
|
|
|
2.0 |
|
|
|
49,323 |
|
| $ |
33.00 |
|
|
|
46,673 |
|
|
|
0.7 |
|
|
|
46,673 |
|
| |
|
|
|
|
626,579 |
|
|
|
2.3 |
|
|
|
283,465 |
|
|