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 14 - Stock-based Compensation (Tables)

v3.23.1

Note 14 - Stock-based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

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

	2022				2021
Risk-free interest rate		1.88%	-	4.26%		0.46%	-	.26%
Dividend yield			0%				0%
Expected term (in years)		3.25	–	6		2.5	–	5
Expected volatility		45.8%	-	48.1%		46.0%	-	92.0%

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

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contract Term	Aggregate Intrinsic Value
Outstanding at December 31, 2020		1,395,000		$	0.31	4 years, 5 months	$	1,591,223
Granted		1,982,500			4.48
Exercised		(453,000	)		0.21
Expired		(20,000	)		0.17
Outstanding at December 31, 2021		2,904,500		$	3.17	4 years, 11 months	$	5,195,253
Granted		1,952,000			2.82
Exercised		(264,000	)		0.28
Expired		(5,000	)		0.35
Forfeited		(35,000	)		1.30
Outstanding at December 31, 2022		4,552,500			3.21	6 years, 5 months	$	95,397
Exercisable at December 31, 2022		2,196,750		$	3.31	4 years, 4 months	$	95,397

Schedule of Nonvested Share Activity [Table Text Block]

	Shares			Weighted Average Exercise Price Per Share		Weighted Average Grant Date Fair Value
Nonvested at December 31, 2020		235,000		$	0.64	$	0.36
Granted		1,982,500			4.48		1.55
Vested		(1,265,000	)		4.07		1.35
Nonvested at December 31, 2021		952,500		$	4.08	$	1.51
Granted		1,952,000			2.82		1.36
Vested		(513,750	)		3.90		1.47
Forfeited		(35,000	)		1.30		0.62
Nonvested at December 31, 2022		2,355,750		$	3.11	$	1.32

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