Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Details) - Schedule of option award on the date of grant using the Black-Scholes option

v3.21.2
Stock-Based Compensation (Details) - Schedule of option award on the date of grant using the Black-Scholes option
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]    
Expected annual dividend yield [1] 0.00% 0.00%
Expected volatility [2] 41.50% 41.50%
Risk-free rate of return [3] 1.05% 1.05%
Expected option term (years) [4] 6 years 6 years
[1]

We have not paid and do not currently anticipate paying a cash dividend on our common stock.

[2]

We estimated the expected volatility using the mean stock price for selected peer public companies over a historic timeframe similar to the expected term.

[3]

We estimated the risk-free rate of return using the U.S. Treasury yield curve in effect as of the valuation date.

[4]

We estimated the expected term using the “simplified” method described in SEC Staff Accounting Bulletin 14.