Schedule of Stock Option Transactions |
Stock
option transactions under the Company’s Plan for the six months ended June 30, 2021 and the year ended December 31, 2020 are summarized
as follows:
Schedule
of Stock
Option Transactions
Stock
Options |
|
Number
of Options |
|
|
Weighted
Average Exercise Price |
|
|
Weighted
Average
Remaining
Contractual Term (Years)
|
|
|
Aggregate
Intrinsic Value |
|
|
Weighted
Average Grant Date Fair Value |
|
Outstanding
- December 31, 2019 |
|
|
- |
|
|
$ |
- |
|
|
|
0.00 |
|
|
$ |
- |
|
|
$ |
- |
|
Exercisable
- December 31, 2019 |
|
|
- |
|
|
$ |
- |
|
|
|
0.00 |
|
|
$ |
- |
|
|
$ |
- |
|
Vested
and Exercisable - December 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|
|
0.00 |
|
|
$ |
- |
|
|
$ |
- |
|
Unvested
and non-exercisable - December 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|
|
0 |
|
|
$ |
- |
|
|
$ |
- |
|
Granted |
|
|
850,176 |
|
|
$ |
0.32 |
|
|
|
7.00 |
|
|
$ |
-
|
|
|
$ |
0.17 |
|
Exercised |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
$ |
- |
|
|
|
|
|
Cancelled/Forfeited |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
$ |
- |
|
|
|
|
|
Outstanding
- December 31, 2020 |
|
|
850,176 |
|
|
$ |
0.32 |
|
|
|
6.16 |
|
|
$ |
- |
|
|
$ |
- |
|
Vested
and Exercisable - December 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|
|
0.00 |
|
|
$ |
- |
|
|
$ |
- |
|
Unvested
and non-exercisable - December 31, 2020 |
|
|
850,176 |
|
|
$ |
0.32 |
|
|
|
6.16 |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding
- December 31, 2020 |
|
|
850,176 |
|
|
$ |
0.32 |
|
|
|
6.16 |
|
|
$ |
- |
|
|
$ |
- |
|
Vested
and Exercisable - December 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|
|
0.00 |
|
|
$ |
- |
|
|
$ |
- |
|
Unvested
and non-exercisable - December 31, 2020 |
|
|
850,176 |
|
|
$ |
0.32 |
|
|
|
6.16 |
|
|
$ |
- |
|
|
$ |
- |
|
Granted |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
$ |
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Cancelled/Forfeited |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding
- June 30, 2021 |
|
|
850,176 |
|
|
$ |
0.32 |
|
|
|
5.67 |
|
|
$ |
- |
|
|
$ |
- |
|
Vested
and Exercisable - June 30, 2021 |
|
|
170,035 |
|
|
$ |
0.32 |
|
|
|
5.67 |
|
|
$ |
- |
|
|
$ |
- |
|
Unvested
and non-exercisable - June 30, 2021 |
|
|
680,141 |
|
|
$ |
0.32 |
|
|
|
5.67 |
|
|
$ |
- |
|
|
$ |
- |
|
|
Schedule of Stock-based Compensation |
Compensation
expense recorded for stock-based compensation is as follows for the six months ended June 30, 2021 and 2020, respectively:
Schedule
of Stock-based Compensation
|
|
Six Months Ended |
|
|
|
June 30, 2021 |
|
|
June 30, 2020 |
|
|
|
|
|
|
|
|
|
|
Compensation expense |
|
$ |
18,587 |
|
|
$ |
12,391 |
|
|
Schedule of Warrants Activity |
Warrant
activity for the Six Months Ended June 30, 2021 and the Year Ended December 31, 2020 are summarized as follows:
Schedule of Warrants Activity
Warrants |
|
Number
of Warrants |
|
|
Weighted
Average Exercise Price |
|
|
Weighted
Average Remaining Contractual Term (Years) |
|
|
Aggregate
Intrinsic Value |
|
Outstanding
and exercisable - December 31, 2019 |
|
|
6,849,635 |
|
|
$ |
0.71 |
|
|
|
1.98 |
|
|
$ |
-
|
|
Exercisable
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Granted |
|
|
3,116,230 |
|
|
$ |
0.53 |
|
|
|
- |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Cancelled/Forfeited |
|
|
(250,000 |
) |
|
$ |
0.80 |
|
|
|
- |
|
|
|
- |
|
Outstanding
- December 31, 2020 |
|
|
9,715,865 |
|
|
$ |
0.65 |
|
|
|
1.52 |
|
|
$ |
- |
|
Exercisable
- December 31, 2020 |
|
|
9,715,865 |
|
|
$ |
0.65 |
|
|
|
1.52 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding
- December 31, 2020 |
|
|
9,715,865 |
|
|
$ |
0.65 |
|
|
|
1.52 |
|
|
$ |
- |
|
Exercisable
- December 31, 2020 |
|
|
9,715,865 |
|
|
$ |
0.65 |
|
|
|
1.52 |
|
|
$ |
- |
|
Granted |
|
|
13,897,500 |
|
|
$ |
0.16 |
|
|
|
- |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Cancelled/Forfeited |
|
|
(2,232,500 |
) |
|
$ |
0.47 |
|
|
|
- |
|
|
|
- |
|
Outstanding
- June 30, 2021 |
|
|
21,380,865 |
|
|
$ |
0.35 |
|
|
|
3.48 |
|
|
$ |
- |
|
Exercisable
- June 30, 2021 |
|
|
21,380,865 |
|
|
$ |
0.35 |
|
|
|
3.48 |
|
|
$ |
- |
|
|