Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS AND STOCK OPTIONS (Tables)

v3.20.2
STOCK WARRANTS AND STOCK OPTIONS (Tables)
6 Months Ended
Jun. 30, 2020
STOCK WARRANTS AND STOCK OPTIONS  
Schedule of fair value of non-employee stock/warrants

 

 

June 30,

2020

 

 

June 30,

2019

 

Exercise Price

 

$

0.50

 

 

$ 0.06 - 0.2

 

Dividend Yield

 

 

0

%

 

 

0

%

Volatility

 

 

153

%

 

135% - 138

%

Risk-free Interest Rate

 

 

0.29

%

 

2.31% – 2.53

%

Life of Warrants

 

5 Years

 

 

5 Years

 

Schedule of outstanding warrants

 

 

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, 2018

 

 

721,678

 

 

$

0.1397 - 0.6319

 

 

3.45 Years

 

$

0.1929

 

 

$

-

 

Warrants Granted

 

 

498,562

 

 

$

0.06 - 0.2062

 

 

4.72 Years

 

$

0.1064

 

 

$

22,428

 

Warrants Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Warrants Expired

 

 

1,503

 

 

$

0.6319

 

 

 

 

$

0.6319

 

 

 

 

 

Balance at June 30, 2019

 

 

1,218,737

 

 

$

0.06 - 0.6319

 

 

3.68 Years

 

$

0.1596

 

 

$

-

 

  

 

 

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, 2019

 

 

598,414

 

 

$

0.13304–1.039375

 

 

3.97 Years

 

$

0.3607

 

 

$

1,276,870

 

Warrants Granted

 

 

320,000

 

 

$

0.50

 

 

4.93 Years

 

$

0.50

 

 

$

768,000

 

Warrants Exercised

 

 

(454,097

)

 

$

0.13304-0.15299

 

 

 

 

$

0.7143

 

 

 

 

 

Warrants Expired

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2020

 

 

464,317

 

 

$

0.50-1.039375

 

 

4.16 Years

 

$

0.66765

 

 

$

1,036,521

 

   

Exercisable at December 31, 2019

 

 

598,414

 

 

$

0.13304 – 1.039375

 

 

3.97 Years

 

$

0.3607

 

 

$

1,276,870

 

Exercisable at June 30, 2020

 

 

464,317

 

 

$

0.050 - 1.039375

 

 

4.16 Years

 

$

0.66765

 

 

$

1,036,521

 

Schedule of outstanding 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, 2018

 

 

53,367

 

 

$

0.1497 – 8.31

 

 

2.32 Years

 

$

0.2761

 

 

$

-

 

Options Granted

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Options Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Options Cancelled

 

 

45,100

 

 

$

0.1497

 

 

 

 

$

0.1497

 

 

 

 

 

Options Expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2019

 

 

8,267

 

 

$

0.2328 – 8.31

 

 

0.32 Years

 

$

0.9678

 

 

$

-

 

 

 

 

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, 2019

 

 

2,381,239

 

 

$

0.2634 - 1.039

 

 

       8.86 Years

 

$

0.2946

 

 

$

5,238,080

 

Options Granted

 

 

140,000

 

 

$

0.2634 – 2

 

 

         4.54 Years

 

$

1.7504

 

 

$

160,732

 

Options Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Options Cancelled

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Options Expired

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2020

 

 

2,521,239

 

 

$

0.26342 – 2

 

 

        8.15 Years

 

$

0.3170

 

 

$

6,512,360

 

      

Exercisable at December 31, 2019

 

 

539,847

 

$

0.2634 – 1.03938

 

8.93 Years

 

$

0.4

 

 

$

1,129,786

 

Exercisable at June 30, 2020

 

 

1,040,355

 

$

0.26342 – 2

 

8.93 Years

 

$

0.5359

 

 

$

2,459,933