Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS (Tables)

v3.24.1.1.u2
STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS (Tables)
 3 Months Ended
Mar. 31, 2024
STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS  
Schedule of assumptions

 

 

March 31,

2024

 

Exercise Price 

 

 $ 0.62

 

Dividend Yield 

 

 

 0 %

Volatility 

 

147% - 173

% 

Risk-free Interest Rate 

 

4.21% - 4.50

% 

Expected Life

 

2.5 – 5.0 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, 2023

 

 

 10,605,708

 

 

 $

1.35 – 5.31

 

 

4.59 Years

 

 $ 1.70

 

 

 $ -

 

Warrants Granted

 

 

 2,659,031

 

 

 $ 0.62

 

 

3.00 Years

 

 $ 0.62

 

 

 $ -

 

Warrants Exercised

 

 

 -

 

 

 $ -

 

 

 

 

 $ -

 

 

 $ -

 

Warrants Expired

 

 

 -

 

 

 $ -

 

 

 

 

 $ -

 

 

 $ -

 

Balance at March 31, 2024

 

 

 13,264,739

 

 

 $

0.62 – 5.31

 

 

3.80 Years

 

 $ 1.49

 

 

 $ -

 
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, 2023

 

 

 1,692,473

 

 

 $

0.48 - 9.30

 

 

5.66 Years

 

 

 $ 2.01

 

 

 $ -

 

Options Granted

 

 

 -

 

 

 $ -

 

 

 

 -

 

 

 $ -

 

 

 

 -

 

Options Exercised

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

 

 -

 

Options Expired/Forfeited

 

 

 (94,167 )

 

 $

2.11 – 2.39

 

 

 

 -

 

 

 $ 2.32

 

 

 

 -

 

Balance at March 31, 2024

 

 

 1,598,306

 

 

 $

0.48 - 9.30

 

 

5.55 Years

 

 

 $ 1.99

 

 

 $ -

 

 

 

Options

Outstanding

Number of

Shares

 

 

 

Exercise Price Per

Share

 

Weighted Average Remaining Contractual Life

 

Weighted Average

Exercise Price Per Share

 

 

Aggregate Intrinsic Value

 

Exercisable at December 31, 2023

 

 

 1,014,828

 

 

$

0.48 - 9.30

 

4.36 Years

 

 $ 2.14

 

 

 $ -

 

Exercisable at March 31, 2024           

 

 

 1,023,670

 

 

$ 

0.48 - 9.30

 

4.89 Years

 

 $ 2.11

 

 

 $ -

 
Schedule of RSU activity under the Plan

 

 

RSUs

 

 

Weighted Average

Grant Date Fair Value Per Share

 

 

Weighted Average

Vesting Period

 

Unvested at December 31, 2023

 

 

 213,080

 

 

 $ 1.88

 

 

1.74 Years

 

Granted

 

 

 -

 

 

 

 -

 

 

 

 -

 

Vested

 

 

 (115,000 )

 

 

 2.17

 

 

 

 -

 

Unvested at March 31, 2024

 

 

 98,080

 

 

 $ 1.53

 

 

2.42 Years