|6 Months Ended|
Jun. 30, 2022
|Share-Based Payment Arrangement [Abstract]|
SCHEDULE OF STOCK OPTION ACTIVITY
Effective July 8, 2016 the Company’s board of directors approved the Polar Power 2016 Omnibus Incentive Plan (the “2016 Plan”), authorizing the issuance of up to shares of common stock as incentives to employees and consultants to the Company with awards limited to a maximum of shares to any one participant in any calendar year.
At June 30, 2022 and December 31, 2021, the Company had total outstanding options exercisable into shares of the Company’s common stock. These options are fully vested, with exercise prices ranging from $ to $ . Options exercisable into shares expire in December 2027 and the remaining options exercisable into shares expire in April 2028.
The outstanding options had no intrinsic value at June 30, 2022.
The entire disclosure for share-based payment arrangement.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef