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:
SCHEDULE
OF CHANGES IN STOCK OPTION
| |
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:
SCHEDULE
OF CHANGES IN 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 |
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:
SCHEDULE
OF CHANGES IN 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 | |
|