STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS (Tables)
|
6 Months Ended |
Jun. 30, 2024 |
|---|
| STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS |
|
| Schedule of assumptions of stock warrants |
|
|
June 30,
2024
|
|
|
June 30,
2023
|
|
Exercise Price |
|
$ |
0.27 – 0.62 |
|
|
$ |
1.35 – 2.52 |
|
Dividend Yield |
|
|
0 |
% |
|
|
0 |
% |
Volatility |
|
147–173 |
% |
|
162–209 |
% |
Risk-free Interest Rate |
|
4.13–4.50 |
% |
|
4.56–4.73 |
% |
Expected Term |
|
2.3 – 5.3 Years |
|
|
1.5 – 2.5 Years |
|
|
| Schedule of warrant outstanding |
|
|
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 |
|
|
$ |
1.92 |
|
|
$ |
- |
|
Warrants Granted |
|
|
611,998 |
|
|
$ |
1.35 – 2.52 |
|
|
|
N/A |
|
|
$ |
2.09 |
|
|
$ |
- |
|
Warrants Exercised |
|
|
- |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
- |
|
|
$ |
- |
|
Warrants Expired |
|
|
(334,166 |
) |
|
$ |
9.00 |
|
|
|
- |
|
|
$ |
9.00 |
|
|
$ |
- |
|
Balance at June 30, 2023 |
|
|
10,665,709 |
|
|
$ |
1.35 – 5.31 |
|
|
4.73 Years |
|
|
$ |
1.71 |
|
|
$ |
- |
|
|
|
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 |
|
|
23,297,358 |
|
|
$ |
0.27 – 0.62 |
|
|
4.93 Years |
|
$ |
0.27 |
|
|
$ |
- |
|
Warrants Exercised |
|
|
(10,319,163 |
) |
|
$ |
0.27 |
|
|
- |
|
$ |
0.27 |
|
|
$ |
- |
|
Warrants Expired |
|
|
- |
|
|
$ |
- |
|
|
- |
|
$ |
- |
|
|
$ |
- |
|
Balance at June 30, 2024 |
|
|
23,583,903 |
|
|
$ |
0.27 – 5.31 |
|
|
4.74 Years |
|
$ |
0.44 |
|
|
$ |
- |
|
|
| Schedule of assumption of stock optons |
|
|
June 30,
2024
|
|
|
June 30,
2023
|
|
Exercise Price |
|
$ |
- |
|
|
$ |
1.88 – 2.32 |
|
Dividend Yield |
|
|
- |
% |
|
|
0 |
% |
Volatility |
|
- |
% |
|
148 – 207 |
% |
Risk-free Interest Rate |
|
- |
% |
|
4.09 – 4.40 |
% |
Expected Term |
|
- |
|
|
2.7 – 5.8 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, 2022 |
|
|
1,103,583 |
|
|
$ |
0.79 – 9.30 |
|
|
5.33 Years |
|
|
$ |
1.71 |
|
|
$ |
- |
|
Options Granted |
|
|
850,000 |
|
|
1.88 – 2.32 |
|
|
7.91 Years |
|
|
|
2.26 |
|
|
|
- |
|
Options Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Options Expired/Forfeited |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Balance at June 30, 2023 |
|
|
1,953,583 |
|
|
$ |
0.79 – 9.30 |
|
|
6.06 Years |
|
|
$ |
1.95 |
|
|
$ |
- |
|
|
|
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 June 30, 2024 |
|
|
1,598,306 |
|
|
$ |
0.48 – 9.30 |
|
|
5.30 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 June 30, 2024 |
|
|
1,108,024 |
|
|
$0.48 – 9.30 |
|
|
|
4.76 Years |
|
$ |
2.09 |
|
|
$ |
- |
|
|
| 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 |
|
|
- |
|
|
|
- |
|
|
|
- |
|
Cancelled |
|
|
(80,000 |
) |
|
|
2.17 |
|
|
0.58 Years |
|
Vested |
|
|
(185,000 |
) |
|
|
2.17 |
|
|
0.55 Years |
|
Unvested at June 30, 2023 |
|
|
115,000 |
|
|
$ |
2.17 |
|
|
1.17 Years |
|
|
|
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 |
|
|
- |
|
|
|
- |
|
|
|
- |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
Vested |
|
|
(115,000 |
) |
|
|
2.17 |
|
|
|
- |
|
Unvested at June 30, 2024 |
|
|
98,080 |
|
|
$ |
1.53 |
|
|
2.42 Years |
|
|