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3. STOCK BASED COMPENSATION: Schedule of Employee Stock Option Activity (Tables)
9 Months Ended
Sep. 30, 2020
Tables/Schedules  
Schedule of Employee Stock Option Activity

 

Schedule of Employee Stock Option Activity

Options

 

Weighted average

exercise price

 

Weighted average

remaining

contractual life (yrs)

 

Aggregate

Intrinsic value

Options outstanding, December 31, 2019

2,318,835

 

$ 0.010

 

6.42

 

 

 

 

 

 

 

 

 

 

Options exercisable, December 31, 2019

1,628,165

 

$ 0.007

 

6.00

 

$ 37,682

 

 

 

 

 

 

 

 

Options issued during the period

2,036,000

 

$ 0.015

 

 

 

 

 

 

 

 

 

 

 

 

Options forfeited during the period

(10,000)

 

$ 0.019

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding September 30, 2020

4,344,835

 

$ 0.012

 

7.48

 

 

 

 

 

 

 

 

 

 

Options exercisable September 30, 2020

3,085,835

 

$ 0.012

 

6.79

 

$ 273,094