5.
Warrant
As
part of the Private Placement from December 2021, the Company issued new warrants according to the following table:
Schedule
of Private Placement Warrants
| | |
| | |
Weighted | |
| | |
Number of | | |
Average | |
| | |
Shares | | |
Exercise Price | |
| Outstanding at December 31, 2024 | |
| 22,392,004 | | |
$ | 0.1963 | |
| Issued | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | |
| Expired or cancelled | |
| - | | |
| - | |
| Outstanding at December 31, 2025 | |
| 22,392,004 | | |
| 0.1963 | |
| Issued | |
| - | | |
| - | |
| Exercised | |
| - | | |
| - | |
| Expired or cancelled | |
| - | | |
| - | |
| Outstanding at March 31, 2026 | |
| 22,392,004 | | |
$ | 0.1963 | |
The
following table summarizes warrants outstanding as of March 31, 2026:
Schedule
of Warrants Outstanding
| | |
| | |
Weighted Average | | |
| |
| | |
Number | | |
Remaining | | |
Weighted | |
| | |
Outstanding | | |
Contractual | | |
Average | |
| Exercise Price | |
and Exercisable | | |
Life (years) | | |
Exercise price | |
| $0.1495 - $0.2000 | |
| 22,392,004 | | |
| 1.08 | | |
$ | 0.1963 | |
|