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Stock Option and Stock Plans (Tables)
12 Months Ended
Dec. 31, 2021
Stock Option and Stock Plans  
Equity Compensation Plan Information

Stock Plans 1

 

Issue Date Range

 

Total Options Authorized

 

 

Options Issued

 

 

Options Remaining2

 

2018 Employee Stock Option Plan3, 4

 

9/26/18 – 9/26/28

 

 

1,000,000

 

 

 

950,000

 

 

 

0

 

2018 Officers, Directors, Employees, and Consultants Nonqualified Stock Option Plan3

 

9/26/18 – 9/26/28

 

 

4,000,000

 

 

 

4,495,000

5

 

 

0

 

Date

 

Number of

Options

1Qualified

 

 

Number of

Options

Nonqualified

 

 

Weighted

Average

Exercise Price

 

 

Weighted

Average

Remaining Contractual Term

 

 

Aggregate

Intrinsic

Value

 

Balance December 31, 2019

 

 

850,000

 

 

 

3,807,000

 

 

$0.38

 

 

8 years

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired or Forfeited

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance December 31, 2020

 

 

850,000

 

 

 

3,807,000

 

 

$0.38

 

 

7 years

 

 

 

 

 

Granted 2021

 

 

-

 

 

 

500,000

 

 

$0.38

 

 

10 years

 

 

 

 

 

Exercised

 

 

20,000

 

 

 

150,400

 

 

$0.38

 

 

 

-

 

 

 

-

 

Expired or Forfeited

 

 

780,000

 

 

 

3,656,600

 

 

$0.38

 

 

 

-

 

 

 

-

 

Balance December 31, 2021

 

 

50,000

 

 

 

500,000

 

 

$0.38

 

 

9.54 years

 

 

 

-

 

Vested as of December 31, 2021

 

 

30,000

 

 

 

0

 

 

$0.38

 

 

6.74 years

 

 

 

-