STOCK OPTIONS AND WARRANTS (Tables)
|
6 Months Ended |
Jun. 30, 2022 |
|---|
| STOCK OPTIONS AND WARRANTS |
|
| Scheule of Black-Scholes option pricing model |
Risk-free interest rate |
|
0.91%-3.01% |
|
Expected term (years) |
|
3.00 - 5.00 |
|
Expected volatility |
|
129.95%-140.30% |
|
Expected dividends |
|
|
0.00 |
|
Risk-free interest rate |
|
|
2.94 |
% |
Expected term (years) |
|
|
3.00 |
|
Expected volatility |
|
|
139.37 |
% |
Expected dividends |
|
|
0.00 |
|
|
| Schedule of stock options activity |
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
|
Weighted- |
|
|
Average |
|
|
|
|
|
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
|
|
|
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
|
|
Shares |
|
|
Price |
|
|
Term |
|
|
Value |
|
Outstanding at December 31, 2021 |
|
|
815,351 |
|
|
$ |
7.85 |
|
|
|
4.9 |
|
|
$ |
795,115 |
|
Expired |
|
|
(350 |
) |
|
|
1.60 |
|
|
|
- |
|
|
|
- |
|
Grants |
|
|
28,003 |
|
|
|
3.93 |
|
|
|
4.3 |
|
|
|
- |
|
Outstanding at June 30, 2022 |
|
|
843,004 |
|
|
$ |
7.73 |
|
|
|
4.4 |
|
|
$ |
166,140 |
|
Exercisable at June 30, 2022 |
|
|
837,793 |
|
|
$ |
7.74 |
|
|
|
4.4 |
|
|
$ |
166,140 |
|
|
| Schedule of information regarding stock options |
Options Outstanding |
|
|
Options Exercisable |
|
|
|
|
|
|
Weighted |
|
|
|
|
|
Weighted |
|
|
|
|
|
|
Average |
|
|
Exercisable |
|
|
Average |
|
Exercise |
|
Number of |
|
|
Remaining Life |
|
|
Number of |
|
|
Remaining Life |
|
Price |
|
Options |
|
|
In Years |
|
|
Options |
|
|
In Years |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.01-2.50 |
|
|
343,776 |
|
|
|
4.0 |
|
|
|
343,776 |
|
|
|
4.0 |
|
2.51-5.00 |
|
|
60,061 |
|
|
|
3.1 |
|
|
|
59,434 |
|
|
|
3.2 |
|
5.01 and up |
|
|
439,167 |
|
|
|
4.9 |
|
|
|
434,583 |
|
|
|
4.9 |
|
|
|
|
843,004 |
|
|
|
4.4 |
|
|
|
837,793 |
|
|
|
4.4 |
|
|
| Schedule of changes in warrants outstanding and the related prices |
Warrants Outstanding |
|
|
Warrants Exercisable |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
|
|
|
|
Weighted |
|
|
|
|
|
|
|
Average |
|
|
Weighted |
|
|
|
|
|
Average |
|
|
|
|
|
|
|
Remaining |
|
|
Average |
|
|
|
|
|
Remaining |
|
Exercise |
|
|
Number |
|
|
Contractual |
|
|
Exercise |
|
|
Number |
|
|
Contractual |
|
Price |
|
|
Outstanding |
|
|
Life (Years) |
|
|
Price |
|
|
Exercisable |
|
|
Life (Years) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
5.06 |
|
|
|
333,855 |
|
|
|
2.9 |
|
|
$ |
5.06 |
|
|
|
333,855 |
|
|
|
2.9 |
|
|
|
|
|
|
333,855 |
|
|
|
2.9 |
|
|
$ |
5.06 |
|
|
|
333,855 |
|
|
|
2.9 |
|
|
| Schedule of warrant activity |
|
|
|
|
|
Weighted |
|
|
|
|
|
|
Average |
|
|
|
|
|
|
Exercise |
|
|
|
Number of |
|
|
Price Per |
|
|
|
Shares |
|
|
Share |
|
Outstanding at December 31, 2021 |
|
|
- |
|
|
$ |
- |
|
Grants |
|
|
333,855 |
|
|
|
5.06 |
|
Outstanding at June 30, 2022 |
|
|
333,855 |
|
|
$ |
5.06 |
|
Exercisable at June 30, 2022 |
|
|
333,855 |
|
|
$ |
5.06 |
|
|