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Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2023
Class of Warrant or Right [Line Items]  
Schedule of Warrants Outstanding

Stock warrant transactions for the three months ended March 31, 2023 were as follows:

  

   Number of   Weighted Average 
   Warrants   Exercise Price 
Warrants outstanding at December 31, 2022   2,337,274   $5.30 
Granted   9,790,000    0.71 
Forfeited/cancelled   (78,394)   3.40 
Exercised   -    - 
Warrants outstanding at March 31, 2023   12,048,880   $1.60 
Warrants exercisable at March 31, 2023   5,158,880   $2.39 
Schedule of Options Activity

Common stock option transactions for the three months ended March 31, 2023 were as follows:

  

   Number of   Weighted Average 
   Options   Exercise Price 
Options outstanding at December 31, 2022   1,630,452   $2.57 
Granted   2,000,000    0.85 
Forfeited/cancelled   (162,537)   2.75 
Exercised   -    - 
Options outstanding at March 31, 2023   3,467,915   $1.56 
Options exercisable at March 31, 2023   1,871,141   $2.09 
Schedule of Stock Granted Assumptions

 

Stock price  $0.85 
Risk-free interest rate   3.62%
Expected volatility   121%
Expected life (in years)   5.3 
Expected dividend yield   - 
Schedule of Options Outstanding

Options outstanding as of March 31, 2023 are exercisable as follows:

 Schedule of Options Outstanding

    Options Outstanding   Options Exercisable 

Range of Exercise Price

  

Number Outstanding

   Weighted Average Remaining Contractual Life (Years)  

Weighted Average

Exercise Price

   Number Exercisable  

Weighted Average

Exercise Price

 
$3.05    151,288    8.7   $3.05    151,288   $3.05 
 2.48    1,316,627    9.3    2,48    1,219,853    2.48 
 0.85    2,000,000    9.8    0.85    500,000    0.85 
      3,467,915              1,871,141      
Warrants [Member]  
Class of Warrant or Right [Line Items]  
Schedule of Warrants Outstanding

Warrants outstanding as of March 31, 2023 are exercisable as follows:

Schedule of Warrants Outstanding 

    Warrants Outstanding  

Warrants Exercisable

 

Range of Exercise Price

  

Number Outstanding

  

Weighted Average Remaining Contractual Life (Years)

   Weighted Average Exercise Price   Number Exercisable  

Weighted Average

Exercise Price

 
$0.0001    2,900,000    Indefinite   $0.0001    2,900,000   $0.0001 
 1.001.25    6,890,000    5.2    1.01    -    1.01 
 3.405.50    2,258,880    2.3    5.45    2,258,880    5.45 
      12,048,880              5,158,880