SUMMARY OF WARRANTS OUTSTANDING |
The
following represents a summary of the warrants outstanding at June 30, 2025 and changes during the periods then ended:
SUMMARY OF WARRANTS OUTSTANDING
| |
Warrants | | |
Weighted Average Exercise Price | | |
Weighted Average Contract Life (in Years) | | |
Aggregate Intrinsic Value * | |
Outstanding at January 1, 2024 | |
| 1,590,000 | | |
$ | 0.77 | | |
| 5.5 | | |
$ | 2,000 | |
Granted | |
| - | | |
| - | | |
| - | | |
| - | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
Expired/Forfeited | |
| - | | |
| - | | |
| - | | |
| - | |
Outstanding at December 31, 2024 | |
| 1,590,000 | | |
$ | 0.77 | | |
| 4.5 | | |
$ | 23,670 | |
Granted | |
| 4,500,000 | | |
| 0.10 | | |
| 4.7 | | |
| 2,620,800 | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
Expired/Forfeited | |
| (30,000 | ) | |
| - | | |
| - | | |
| - | |
Outstanding at June 30, 2025 | |
| 6,060,000 | | |
$ | 0.27 | | |
| 4.5 | | |
$ | 2,813,720 | |
Exercisable at June 30, 2025 | |
| 3,059,667 | | |
$ | 0.44 | | |
| 4.4 | | |
$ | 1,066,326 | |
Expected to be vested | |
| 6,060,000 | | |
$ | 0.27 | | |
| 4.5 | | |
$ | 2,813,720 | |
* |
Based on the fair value
of the Company’s stock on June 30, 2025 and December 31, 2024, respectively |
|
SUMMARY OF STOCK OPTIONS OUTSTANDING |
The
following represents a summary of the options outstanding at June 30, 2025 and changes during the periods then ended:
SUMMARY OF STOCK OPTIONS OUTSTANDING
| |
Options | | |
Weighted Average Exercise Price | | |
Weighted Average Contract Life (in Years) | | |
Aggregate Intrinsic Value * | |
Outstanding at January 1, 2024 | |
| 120,000 | | |
$ | 0.50 | | |
| 3.2 | | |
$ | - | |
Granted | |
| - | | |
| - | | |
| - | | |
| - | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
Expired/Forfeited | |
| - | | |
| - | | |
| - | | |
| - | |
Outstanding at December 31, 2024 | |
| 120,000 | | |
$ | 0.50 | | |
| 2.2 | | |
$ | - | |
Granted | |
| - | | |
| - | | |
| - | | |
| - | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | |
Expired/Forfeited | |
| - | | |
| - | | |
| - | | |
| - | |
Outstanding at June 30, 2025 | |
| 120,000 | | |
$ | 0.50 | | |
| 1.7 | | |
$ | - | |
Exercisable at June 30, 2025 | |
| 120,000 | | |
$ | 0.50 | | |
| 1.7 | | |
$ | - | |
Expected to be vested | |
| 120,000 | | |
$ | 0.50 | | |
| 1.7 | | |
$ | - | |
* |
Based on the fair value
of the Company’s stock on June 30, 2025 and December 31, 2024, respectively |
|