XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.0.1
STOCK OPTION PLANS AND AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2021
STOCK OPTION PLANS AND AGREEMENTS (Tables)  
Schedule of share-based payment award, stock options, valuation assumptions

 

 

2021

 

 

2020

 

Risk free interest rate

 

0.16% to 0.64

%

 

0.17% to 1.40

%

Expected dividend yield

 

 

0%

 

 

0%

Expected stock price volatility

 

100% to 140

%

 

 

100%

Expected life of options

 

1.25 to 5.25 years

 

 

1.75 to 3.01 years

 

Schedule of share-based compensation, stock options, activity

 

 

Number of

Options

Outstanding

 

 

Weighted

Average

Exercise Price

 

 

Remaining

Contractual

Term

 

 

Aggregate

Intrinsic

Value

 

Outstanding at December 31, 2019

 

 

10,910,500

 

 

$0.05

 

 

 

 

 

 

 

Granted

 

 

1,880,000

 

 

$0.07

 

 

 

 

 

 

 

Expired

 

 

(335,000)

 

$0.15

 

 

 

 

 

 

 

Forfeited

 

 

(25,000)

 

$0.05

 

 

 

 

 

 

 

Outstanding at December 31, 2020

 

 

12,430,500

 

 

$0.05

 

 

 

 

 

 

 

Granted

 

 

1,756,500

 

 

$0.21

 

 

 

 

 

 

 

Exercised

 

 

(2,389,000)

 

$0.04

 

 

 

 

 

 

 

Expired

 

 

(45,000)

 

$0.10

 

 

 

 

 

 

 

Forfeited

 

 

(998,000)

 

$0.10

 

 

 

 

 

 

 

Outstanding at December 31, 2021

 

 

10,755,000

 

 

$0.08

 

 

 

3.4 years

 

 

$544,100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Vested or expected to vest at December 31, 2021

 

 

10,005,000

 

 

$0.07

 

 

 

3.3 years

 

 

$544,100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31, 2021

 

 

9,980,000

 

 

$0.07

 

 

3.3 years 

 

 

$544,100