STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS (Tables)
|
12 Months Ended |
Dec. 31, 2023 |
|---|
| STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS |
|
| Schedule of fair value of warrant and stock options granted |
|
|
December 31, 2023 |
|
|
December 31, 2022 |
|
Exercise Price |
$ |
1.35-2.52 |
|
$ |
1.35-6.00 |
|
Dividend Yield |
|
|
0 |
% |
|
|
0 |
% |
Volatility |
|
162-209% |
|
|
110-160% |
|
Risk-free Interest Rate |
|
4.56-4.73% |
|
|
2.45–4.62% |
|
Life of Warrants |
|
3-5 Years |
|
|
1-7 Years |
|
|
| Schedule of warrant And Option outstanding Stock |
|
|
Warrants
Outstanding
Number of
Shares
|
|
|
Exercise Price Per
Share
|
|
Weighted Average Remaining Contractual Life |
|
Weighted Average
Exercise Price Per Share
|
|
|
Aggregate Intrinsic
Value
|
|
Balance at December 31, 2022 |
|
|
10,387,877 |
|
$ |
1.35 -9.00 |
|
5.11 Years |
|
$ |
1.56 |
|
|
$ |
- |
|
Warrants Granted |
|
|
611,998 |
|
|
1.35-2.52 |
|
3.39 Years |
|
|
2.09 |
|
|
|
- |
|
Warrants Exercised |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrants Expired |
|
|
394,167 |
|
|
2.56-9.00 |
|
0 Years |
|
|
8.02 |
|
|
|
- |
|
Balance at December 31, 2023 |
|
|
10,605,708 |
|
|
1.35-5.31 |
|
4.59 Years |
|
|
1.70 |
|
|
|
- |
|
|
|
Warrants
Outstanding
Number of
Shares
|
|
|
Exercise Price Per
Share
|
|
|
Weighted Average Remaining Contractual Life |
|
Weighted Average
Exercise Price Per Share
|
|
|
Aggregate Intrinsic
Value
|
|
Balance at December 31, 2021 |
|
|
836,464 |
|
$ |
1.50 – 9.00 |
|
|
3.04 Years |
|
$ |
6.78 |
|
|
$ |
1,784,838 |
|
Warrants Granted |
|
|
13,375,461 |
|
$ |
1.35 – 5.3125 |
|
|
4.38 Years |
|
$ |
1.94 |
|
|
$ |
- |
|
Warrants Exercised |
|
|
(3,775,942 |
) |
$ |
0.001 – 2.125 |
|
|
|
|
$ |
0.88 |
|
|
|
|
|
Warrants Expired/Forfeited |
|
|
(48,106 |
) |
$ |
|
3.118 |
|
|
|
|
$ |
3.118 |
|
|
|
|
|
Balance at December 31, 2022 |
|
|
10,387,877 |
|
$ |
1.35 – 9.00 |
|
|
5.11 Years |
|
$ |
1.56 |
|
|
$ |
- |
|
|
| Schedule of options pricing model |
|
|
December 31, 2023 |
|
|
December 31, 2022 |
|
Exercise Price |
$ |
0.48-2.16 |
|
$ |
1.54-9.075 |
|
Dividend Yield |
|
|
0 |
% |
|
|
0 |
% |
Volatility |
|
143%-207% |
|
|
89%-192% |
|
Risk-free Interest Rate |
|
4.09%-5.04% |
|
|
0.78%-4.01% |
|
Expected Life |
|
1-6 years |
|
|
1-3 years |
|
|
| Schedule of outstanding stock options |
|
|
Options
Outstanding
Number of
Shares
|
|
|
Exercise Price Per
Share
|
|
|
Weighted Average Remaining Contractual Life |
|
Weighted Average
Exercise Price Per Share
|
|
|
Aggregate Intrinsic
Value
|
|
Balance at December 31, 2021 |
|
|
1,053,356 |
|
$ |
0.79 - 10.74 |
|
|
6.21 Years |
|
$ |
3.40 |
|
|
$ |
5,804,517 |
|
Options Granted |
|
|
120,000 |
|
$ |
1.54 - 9.08 |
|
|
3.42 Years |
|
$ |
5.79 |
|
|
$ |
- |
|
Options Exercised |
|
|
(48,106 |
) |
$ |
|
0.79 |
|
|
|
|
$ |
0.79 |
|
|
|
|
|
Options Cancelled |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Expired/Forfeited |
|
|
(21,667 |
) |
$ |
4.94 - 10.73 |
|
|
|
|
$ |
9.33 |
|
|
|
|
|
Balance at December 31, 2022 |
|
|
1,103,583 |
|
$ |
0.79 - 9.30 |
|
|
5.33 Years |
|
$ |
1.71 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at December 31, 2022 |
|
|
930,573 |
|
$ |
0.79 - 9.30 |
|
|
5.83 Years |
|
$ |
1.60 |
|
|
$ |
- |
|
|
|
Options
Outstanding
Number of
Shares
|
|
|
Exercise Price Per
Share
|
|
Weighted Average Remaining Contractual Life |
|
|
Weighted Average
Exercise Price Per Share
|
|
|
Aggregate Intrinsic
Value
|
|
Balance at December 31, 2022 |
|
|
1,103,583 |
|
$ |
0.79 - 9.30 |
|
5.33 Years |
|
|
$ |
1.71 |
|
|
$ |
- |
|
Options Granted |
|
|
1,075,000 |
|
$ |
0.48-2.32 |
|
4.09 Years |
|
|
$ |
1.17 |
|
|
|
- |
|
Options Exercised |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Cancelled |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Expired/Forfeited |
|
|
(486,110 |
) |
$ |
0.79-2.39 |
|
|
- |
|
|
$ |
1.19 |
|
|
$ |
- |
|
Balance at December 31, 2023 |
|
|
1,692,473 |
|
|
0.48-9.30 |
|
|
5.66 |
|
|
$ |
2.01 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at December 31, 2023 |
|
|
1,014,828 |
|
|
0.48-9.30 |
|
|
4.36 |
|
|
$ |
2.14 |
|
|
$ |
- |
|
|
| Schedule of RSU activity under the Plan |
|
|
RSUs |
|
|
Weighted Average
Grant Date Fair Value Per Share
|
|
|
Weighted Average
Vesting Period
|
|
Unvested at December 31, 2022 |
|
|
380,000 |
|
|
$ |
2.17 |
|
|
0.74 Years |
|
Granted |
|
|
148,080 |
|
|
|
1.18 |
|
|
1.60 Years |
|
Vested |
|
|
(315,000 |
) |
|
$ |
1.90 |
|
|
|
|
Unvested at December 31, 2023 |
|
|
213,080 |
|
|
$ |
1.88 |
|
|
1.74 Years |
|
|