SCHEDULE OF OUTSTANDING WARRANTS |
At
June 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 six months ended June 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 |
|
|
|
7.6 |
|
Granted |
|
|
1,350,000 |
|
|
$ |
0.50 |
|
|
|
5.0 |
|
Outstanding at June 30, 2022 |
|
|
4,759,200 |
|
|
$ |
0.38 |
|
|
|
6.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at June 30, 2022 |
|
|
4,759,200 |
|
|
$ |
0.38 |
|
|
|
6.4 |
|
|
SCHEDULE OF SHARE BASED AWARDS |
The
following table summarizes the share-based awards as of June 30, 2022:
SCHEDULE
OF SHARE BASED AWARDS
|
|
Number
of Options
|
|
|
Weighted Average Exercise
Price
|
|
|
Weighted
Average Remaining Contractual Term (years) |
|
Outstanding at June 30, 2022 |
|
|
450,000 |
|
|
$ |
1.38 |
|
|
|
4.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercisable at June 30, 2022 |
|
|
250,000 |
|
|
$ |
1.72 |
|
|
|
4.1 |
|
|