v3.22.2.2
Stock Options and Warrants (Tables)
 9 Months Ended
Sep. 30, 2022
Stock Options and Warrants (Tables) [Line Items]  
Schedule of weighted-average assumptions used to estimate the fair values of stock options granted
Risk Free Interest Rate   2.0%
Expected Volatility   109.5%
Expected Life (in years)   2.8 
Dividend Yield   0%
Weighted average estimated fair value of options during the period  $0.59 

 
Schedule of stock option activity
   Options Outstanding 
             Weighted -      
             Average       
             Remaining   Aggregate 
        Weighted-   Contractual   Intrinsic 
   Number of   Average    Term   Value 
   Shares   Exercise Price   (in years)   (in 000's) (1) 
Balance, December 31, 2021   11,317,500   $0.57    2.1   $2,145 
                     
Granted   5,100,000   $0.96    2.3   $1,600 
Expired/Cancelled   (800,000)  $0.90    
-
    
-
 
                     
Exercisable at September 30, 2022   15,617,500   $0.68    1.8   $8,400 
                     
Exercisable at September 30, 2022 and expected to
vest thereafter		   15,617,500   $0.68    1.8   $8,400 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the closing stock price of $1.22 for REGO’s common stock on September 30, 2022.

 
Schedule of warrant activity
           Weighted-     
           Average     
           Remaining   Aggregate 
       Weighted-   Contractual   Intrinsic 
   Number of   Average   Term   Value 
   Shares   Exercise Price   (in years)   (in 000's) (1) 
Balance, December 31, 2021   1,500,000   $0.90    0.5   $
        -
 
                     
Expired/Cancelled   (1,500,000)  $0.90    -   $
-
 
                     
Balance, September 30, 2022   
-
   $
-
    
-
   $
-
 
                     
Exercisable at September 30, 2022   
-
   $
-
    
-
   $
-
 
                     
Exercisable at September 30, 2022 and expected to
vest thereafter		   
-
   $
-
    
-
   $
-
 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $1.22 for REGO’s common stock on September 30, 2022.

 
ZCS [Member]  
Stock Options and Warrants (Tables) [Line Items]  
Schedule of stock option activity
   Options Outstanding 
             Weighted -      
             Average       
             Remaining   Aggregate 
        Weighted-   Contractual   Intrinsic 
   Number of   Average    Term   Value 
   Shares   Exercise Price   (in years)   (in 000's) (1) 
Balance, December 31, 2021   1,600,000   $5.00    2.0   $
        -
 
                     
Balance, September 30, 2022   1,600,000   $5.00    1.2   $
-
 
                     
Exercisable at September 30, 2022   1,600,000   $5.00    1.2   $
-
 
                     
Exercisable at and September 30, 2022 and expected to
vest thereafter		   1,600,000   $5.00    1.2   $
-
 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the value of $4.00 for ZS’s common stock on September 30, 2022.

 
ZS [Member]  
Stock Options and Warrants (Tables) [Line Items]  
Schedule of stock option activity
   Options Outstanding 
             Weighted-      
             Average       
             Remaining   Aggregate 
        Weighted-   Contractual   Intrinsic 
   Number of   Average    Term   Value 
   Shares   Exercise Price   (in years)   (in 000's) (1) 
Balance, December 31, 2021   1,600,000   $5.00    2.0   $
        -
 
                     
Balance, September 30, 2022   1,600,000   $5.00    1.2   $
-
 
                     
Exercisable at September 30, 2022   1,600,000   $5.00    1.2   $
-
 
                     
Exercisable at September 30, 2022 and expected to
vest thereafter		   1,600,000   $5.00    1.2   $
-
 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the value of $0.01 for ZCS’s common stock on September 30, 2022.