Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS AND WARRANTS (Tables)

v3.24.2.u1
STOCK OPTIONS AND WARRANTS (Tables)
6 Months Ended
Jun. 30, 2024
STOCK OPTIONS AND WARRANTS  
Scheule of Black-Scholes option pricing model

 

 

2024

 

Risk-free interest rate

 

3.93%-4.33

%

Expected term (years)

 

 

5.00

 

Expected volatility

 

149.49%-153.16

%

Expected dividends

 

 

0.00

 

Risk-free interest rate

 

 

4.38 %

Expected term (years)

 

 

4.00

 

Expected volatility

 

 

157.11 %

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, 2023

 

 

891,443

 

 

$ 7.41

 

 

 

3.0

 

 

$ -

 

Expired

 

 

(19,167 )

 

 

6.92

 

 

 

 

 

 

 

 

 

Grants

 

 

122,911

 

 

 

0.67

 

 

 

4.8

 

 

 

-

 

Outstanding at June 30, 2024

 

 

995,187

 

 

$ 6.59

 

 

 

2.8

 

 

$ -

 

Exercisable at March 31, 2024

 

 

994,979

 

 

$ 6.59

 

 

 

2.8

 

 

$ -

 

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

 

 

515,713

 

 

 

2.8

 

 

 

515,713

 

 

 

2.8

 

2.51-5.00

 

 

54,474

 

 

 

1.5

 

 

 

54,474

 

 

 

1.5

 

5.01 and up

 

 

425,000

 

 

 

3.0

 

 

 

424,792

 

 

 

3.0

 

 

 

 

995,187

 

 

 

2.8

 

 

 

994,979

 

 

 

2.8

 

Schedule of changes in warrants outstanding and the related prices

Warrants Outstanding

 

 

Warrants Exercisable

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

Weighted

 

Weighted

 

 

 

 

 

Average

 

 

Weighted

 

 

 

 

 

Average

 

Average

 

 

 

 

 

Remaining

 

 

Average

 

 

 

 

 

Remaining

 

Exercise

 

 

Number

 

 

Contractual

 

 

Exercise

 

 

Number

 

 

Contractual

 

Price

 

 

Outstanding

 

 

Life (Years)

 

 

Price

 

 

Exercisable

 

 

Life (Years)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

3.16

 

 

 

1,765,856

 

 

 

2.3

 

 

$ 3.16

 

 

 

1,765,856

 

 

 

2.3

 

$

3.16

 

 

 

1,765,856

 

 

 

2.3

 

 

$ 3.16

 

 

 

1,765,856

 

 

 

2.3

 

Schedule of warrant activity

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average

 

 

 

 

 

 

Exercise

 

 

 

Number of

 

 

Price Per

 

 

 

Shares

 

 

Share

 

Outstanding at December 31, 2023

 

 

1,565,856

 

 

$ 3.31

 

Grants

 

 

200,000

 

 

 

2.00

 

Outstanding at June 30, 2024

 

 

1,765,856

 

 

$ 3.16

 

Exercisable at June 30, 2024

 

 

1,765,856

 

 

$ 3.16