v3.24.3
COMMON STOCK OPTIONS, WARRANTS AND RESTRICTED STOCK UNITS (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
SCHEDULE OF CHANGES IN STOCK OPTION

The following schedule summarizes the changes in the Company’s stock options:

 

   Options Outstanding   Weighted Average
Remaining
       Weighted Average 
  

Number Of

Shares

   Exercise Price
Per Share
   Contractual
Life
   Aggregate
Intrinsic Value
   Exercise Price
Per Share
 
Nine Months Ended September 30, 2024                         
                          
Outstanding at January 1, 2024   2,252,809   $0.024-0.04     5.70 years   $78,886   $0.04 
Granted   -   $-    -        $- 
Exercised   -   $-    -        $- 
Expired/canceled   -   $-    -        $- 
Outstanding at September 30, 2024   2,252,809   $0.024-0.04     4.95 years    $284,567   $0.04 
Exercisable at September 30, 2024   2,252,809   $0.024-0.04     4.95 years    $284,567   $0.04 
                          
Nine Months Ended September 30, 2023                         
                          
Outstanding at January 1, 2023   2,252,809   $0.024-0.04    6.70 years    $16,032   $0.04 
Granted   -   $-    -        $- 
Exercised   -   $-    -        $- 
Expired/canceled   -   $-    -        $- 
Outstanding at September 30, 2023   2,252,809   $0.024-0.04    5.95 years   $65,819   $0.04 
Exercisable at September 30, 2023   2,252,809   $0.024-0.04    5.95 years   $65,819   $0.04 
SCHEDULE OF CHANGES IN STOCK WARRANTS

The following schedule summarizes the changes in the Company’s stock warrants:

   Warrants Outstanding   Weighted Average
Remaining
       Weighted Average 
   Number Of
Shares
  

Exercise Price

Per Share

   Contractual
Life
   Aggregate
Intrinsic Value
   Exercise Price
Per Share
 
Nine Months Ended September 30, 2024                         
                          
Outstanding at January 1, 2024   26,134,000   $0.06-0.10    3.54 years   $-   $0.0827 
Granted   7,000,000   $0.075    -   $-   $- 
Exercised   (25,034,000)  $-    -   $-   $- 
Redeemed   (500,000)  $-    -   $-   $- 
Expired/cancelled   -   $-    -   $-   $- 
Outstanding at September 30, 2024   8,100,000   $0.075    3.25 years   $717,660   $0.075 
Exercisable at September 30, 2024   8,100,000   $0.075    3.25 years   $717,660   $0.075 
                          
Nine Months Ended September 30, 2023                         
                          
Outstanding at January 1, 2023   26,737,500   $0.06-0.10    1.52 years   $-   $0.09 
Granted   10,665,000   $0.0775    -   $-   $- 
Redeemed   (500,000)  $-    -   $-   $- 
Expired/cancelled   (11,237,500)  $-    -   $-   $- 
Outstanding at September 30, 2023   25,665,000   $0.06-0.10    1.91 years   $150,573   $0.079 
Exercisable at September 30, 2023   25,665,000   $0.06-0.10    1.91 years   $150,573   $0.079 
SCHEDULE OF ASSUMPTIONS USED IN FAIR VALUE MEASUREMENT

 

      Nine Months Ended       Nine Months Ended  
      September 30, 2024       September 30, 2023  
Expected term     -       -  
Expected volatility     - %     - %
Expected dividend yield     -       -  
Risk-free interest rate     - %     - %
SCHEDULE OF CHANGES IN RESTRICTED STOCK UNITS

The following schedule summarizes the changes in the Company’s restricted stock units:

 

   Number Of Shares   Weighted Average
Grant Date Fair Value
 
Nine Months Ended September 30, 2024          
           
Outstanding at January 1, 2024   1,450,000   $0.09 
Granted   21,050,000   $0.077 
Vested   (10,500,000)  $- 
Forfeited   -   $- 
Outstanding at September 30, 2024   12,000,000   $0.08 
           
Nine Months Ended September 30, 2023          
           
Outstanding at January 1, 2023   10,262,500   $0.08 
Granted   2,900,000   $0.091 
Vested   (10,725,000)  $- 
Forfeited   (262,500)  $- 
Outstanding at September 30, 2023   2,175,000   $0.09