v3.26.1
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF COMPENSATION BASED STOCK OPTION ACTIVITY

The Company’ stock option activity for both qualified and unqualified stock options, is summarized as follows:

   

       Weighted 
       Average 
For the six months ended June 30, 2026  Options   Exercise Price 
Outstanding at January 1, 2026   23,802,761   $0.15 
Expired or cancelled   (500,000)   - 
Outstanding at June 30, 2026   23,302,761    0.14 
Exercisable at June 30, 2026   13,110,261   $0.16 
SCHEDULE OF OPTIONS TO PURCHASE SHARES OF COMMON STOCK OUTSTANDING AND EXERCISABLE

The following table summarizes information about options to purchase shares of the Company’s Common Stock outstanding and exercisable at June 30, 2026:

  

  Exercise prices 

Outstanding

Options

  

Weighted-

Average

Remaining Life

(In Years)

  

Weighted-

Average

Exercise

Price

  

Exercisable Options

 
                   
$ 0.10 to $0.15   16,250,000   5.9   $       0.12   6,057,500 
  0.16 to $0.21    5,502,761   5.2    0.16   5,502,761 
  0.22 to $0.37    1,550,000   1.6    0.28   1,550,000 
      23,302,761   5.5   $0.14   13,110,261 
SCHEDULE OF WARRANTS ACTIVITY

The issuance of warrants to purchase shares of the Company’s Common Stock, including those attributed to debt issuances, as of June 30, 2026 and 2025, respectively are summarized as follows:

 

 

       Average 
For the six months ended June 30, 2026  Shares   Exercise Price 
Outstanding at January 1, 2026   59,415,289   $0.13 
Issued   1,422,613    0.15 
Exercised / cancelled   -    - 
Outstanding at June 30, 2026   60,837,902   $0.13 

 

       Average 
For the six months ended June 30, 2025  Shares   Exercise Price 
Outstanding at January 1, 2025   31,890,289   $0.13 
Issued   -    - 
Exercised / cancelled   -    - 
Outstanding at June 30, 2025   31,890,289   $0.13 

SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE

The following table summarizes information about warrants outstanding and exercisable at June 30, 2026:

 

    Outstanding and exercisable 
Exercise Price  

Number

Outstanding

  

Weighted-

Average

Remaining Life

in Years

  

Weighted-

Average

Exercise

Price

  

Number

Exercisable

 
$0.13    961,539    0.4   $0.13    961,539 
$0.20    4,373,750    0.75-0.98   $0.20    4,373,750 
$0.12    46,555,000    1.50   $0.12    46,555,000 
$0.12    2,175,000    4.51   $0.12    2,175,000 
$0.15    6,772,613    4.25   $0.15    6,772,613 
      60,837,902    1.86   $0.13    60,837,902