SCHEDULE OF OUTSTANDING WARRANTS |
At
September 30, 2022, the outstanding warrants consisted of the following:
SCHEDULE OF OUTSTANDING WARRANTS
Date Issued |
|
Number of Warrants |
|
|
Exercise Price |
|
|
Expiration Date |
April 1, 2020 |
|
|
2,462,600 |
|
|
$ |
0.125 |
|
|
April 1, 2030 |
April 1, 2020 |
|
|
462,600 |
|
|
$ |
0.500 |
|
|
April 1, 2030 |
March 30, 2020 |
|
|
350,000 |
|
|
$ |
1.250 |
|
|
March 30, 2025 |
August 17, 2020 |
|
|
134,000 |
|
|
$ |
1.250 |
|
|
August 17, 2025 |
March 15, 2022 |
|
|
250,000 |
|
|
$ |
0.500 |
|
|
March 15, 2027 |
March 21, 2022 |
|
|
250,000 |
|
|
$ |
0.500 |
|
|
March 21, 2027 |
March 22, 2022 |
|
|
250,000 |
|
|
$ |
0.500 |
|
|
March 22, 2027 |
March 24, 2022 |
|
|
600,000 |
|
|
$ |
0.500 |
|
|
March 24, 2027 |
|
|
|
4,759,200 |
|
|
|
|
|
|
|
|
SUMMARY OF WARRANTS ACTIVITY |
A
summary of the warrant activity during the nine months ended September 30, 2022 is presented below:
SUMMARY
OF WARRANTS ACTIVITY
|
|
Number of Warrants
|
|
|
Weighted Average Exercise Price
|
|
|
Weighted Average Remaining Contractual Term (years)
|
|
Outstanding at January 1, 2022 |
|
|
3,409,200 |
|
|
$ |
0.34 |
|
|
|
7.2 |
|
Granted |
|
|
1,350,000 |
|
|
$ |
0.50 |
|
|
|
4.5 |
|
Outstanding at September 30, 2022 |
|
|
4,759,200 |
|
|
$ |
0.38 |
|
|
|
6.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at September 30, 2022 |
|
|
4,759,200 |
|
|
$ |
0.38 |
|
|
|
6.1 |
|
|
SCHEDULE OF SHARE BASED AWARDS |
The
following table summarizes the share-based awards as of September 30, 2022:
SCHEDULE
OF SHARE BASED AWARDS
|
|
Number of Options
|
|
|
Weighted Average Exercise Price
|
|
|
Weighted Average Remaining Contractual Term (years)
|
|
Outstanding at September 30, 2022 |
|
|
450,000 |
|
|
$ |
1.38 |
|
|
|
3.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at September 30, 2022 |
|
|
250,000 |
|
|
$ |
1.72 |
|
|
|
3.8 |
|
|