14. SUBSEQUENT EVENTS

The Company has evaluated subsequent events through August 15, 2022, the date these condensed consolidated financial statements were issued. There were no material events or transactions that require disclosure in the financial statements other than the items discussed below.

Issuance of Common Stock

Subsequent to June 30, 2022, the Company issued 342,799 shares of common stock to vendors for services rendered with a grant date fair value of $189. These shares of common stock were valued based on the closing price of the Company’s common stock on the date of issuance or the date the Company entered into the agreement related to the issuance.

Subsequent to June 30, 2022, the Company issued 124,113 shares of common stock to certain officers and employees associated with the vesting of restricted stock units.

Issuances of Stock Options

Subsequent to June 30, 2022, the Company granted stock options to certain employees to purchase a total of 37,000 stock options for services to be rendered. The options have an average exercise price of $0.56 per share, expire in five years, and vest four years from grant date. The total grant date fair value of these options was $19 based on the Black-Scholes option pricing model.