WaveDancer, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 12 - Stock-based Compensation (Tables)

v3.22.1

Note 12 - Stock-based Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

		2021			2020
Risk-free interest rate	0.46	-	1.26%	0.26	-	0.39%
Dividend yield		0%			0%
Expected term (years)	2.5	-	5		5
Expected volatility	46.0	-	92.0%	65.8	-	90.3%

Share-based Payment Arrangement, Option, Activity [Table Text Block]

Options outstanding
				Weighted average		Weighted average	Aggregate
				exercise price		remaining	intrinsic
	Shares			per share		contractual term	value
Outstanding at December 31, 2019		1,349,000		$	0.23
Options granted		235,000			0.64
Options exercised		(50,000	)		0.20
Options expired		(99,000	)		0.18
Options forfeited		(40,000	)		0.16
Outstanding at December 31, 2020		1,395,000			0.31	4 years, 5 months	$	1,591,223
Options granted		1,982,500			4.48
Options exercised		(453,000	)		0.21
Options expired		(20,000	)		0.17
Options forfeited		-
Outstanding at December 31, 2021		2,904,500		$	3.17	4 years, 11 months	$	5,159,253
Exercisable at December 31, 2021		1,952,000		$	2.73	4 years, 7 months	$	4,326,073

Schedule of Nonvested Share Activity [Table Text Block]

	Nonvested
				Weighted average
				grant date
	Shares			fair value
Nonvested at December 31, 2019		23,500		$	0.17
Granted		235,000			0.36
Vested		(23,500	)		0.17
Forfeited		-			-
Nonvested at December 31, 2020		235,000		$	0.36
Granted		1,982,500			1.55
Vested		(1,265,000	)		1.35
Forfeited		-			-
Nonvested at December 31, 2021		952,500		$	1.51

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ References

+ Details

Name:	us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration