Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS AND WARRANTS (Tables)

v3.20.2
STOCK OPTIONS AND WARRANTS (Tables)
6 Months Ended
Jun. 30, 2020
ACCOUNTS PAYABLE AND ACCRUED EXPENSES  
Schedule of stock options

 

 

Shares

 

 

Weighted-Average

Exercise Price

 

 

Weighted-Average

Remaining

Contractual Term

 

 

Aggregate

Intrinsic

Value

 

Outstanding at December 31, 2019

 

 

822,797

 

 

$

8.03

 

 

 

6.5

 

 

$

244,603

 

Grants

 

 

8,334

 

 

 

3.00

 

 

 

2.8

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding at June 30, 2020

 

 

831,131

 

 

$

7.98

 

 

 

6.0

 

 

$

274,334

 

Exercisable at June 30, 2020

 

 

822,658

 

 

$

8.02

 

 

 

6.1

 

 

$

274,334

 

Schedule of information regarding stock options

Options Outstanding

Price

 

Number of

Options

 

 

Weighted

Average

Remaining Life

In Years

 

 

Options Exercisable

Exercisable

Number of

Options

 

 

 

 

 

 

 

 

 

 

 

$0.01-2.50

 

 

330,350

 

 

 

6.0

 

 

 

330,350

 

2.51-5.00

 

 

43,334

 

 

 

0.6

 

 

 

37,778

 

5.01 and up

 

 

457,447

 

 

 

6.6

 

 

 

454,530

 

 

 

 

831,131

 

 

 

6.0

 

 

 

822,658

 

Schedule of changes in warrants outstanding

Warrants Outstanding

 

 

Warrants Exercisable

 

Exercise Prices

 

 

Number

Outstanding

 

 

Weighted

Average

Remaining

Contractual

Life

(Years)

 

 

Weighted

Average

Exercise

Price

 

 

Number

Exercisable

 

 

Weighted

Average

Remaining

Contractual

Life (Years)

 

$

20.00

 

 

 

10,000

 

 

 

1.42

 

 

$

20.00

 

 

 

10,000

 

 

 

1.42

 

 

100.00

 

 

 

62,500

 

 

 

0.89

 

 

 

100.00

 

 

 

62,500

 

 

 

0.89

 

$

-

 

 

 

72,500

 

 

 

0.96

 

 

$

89.0

 

 

 

72,500

 

 

 

0.96

 

Scheule of Black-Scholes option pricing model

Risk-free interest rate

 

 

0.29

%

Expected term (years)

 

 

3.00

 

Expected volatility

 

 

112.97

%

Expected dividends

 

 

0.00

 

Schedule of summary of warrant activity

 

 

Number of

Shares

 

 

Weighted

Average

Exercise

Price Per

Share

 

Outstanding at December 31, 2019

 

 

72,500

 

 

$

89.00

 

Issued

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

Outstanding at June 30, 2020

 

 

72,500

 

 

$

89.00