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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2022
Compensation Related Costs [Abstract]  
SCHEDULE OF COMPENSATION BASED STOCK OPTION ACTIVITY

Compensation based stock option activity for qualified and unqualified stock options are summarized as follows:

 

       Weighted 
For the six months ended June 30, 2022      Average 
   Shares   Exercise Price 
Outstanding at January 1, 2022   16,592,620   $0.30 
Expired or cancelled   (2,359)   11.88 
Outstanding at June 30, 2022   16,590,261   $0.30 
SCHEDULE OF OPTIONS TO PURCHASE SHARES OF COMMON STOCK OUTSTANDING AND EXERCISABLE

The following table summarizes information about options to purchase shares of the Company’s Common Stock outstanding and exercisable at June 30, 2022:

 

        Weighted-   Weighted-     
        Average   Average     
    Outstanding   Remaining Life   Exercise   Number 
Exercise prices   Options   In Years   Price   Exercisable 
                  
$0.14    7,150,000    9.17   $0.14    3,972,500 
 0.16    5,502,761    9.01    0.16    5,502,761 
 0.22    1,750,000    3.84    0.22    1,750,000 
 0.38    900,000    3.16    0.38    900,000 
 0.73    762,500    2.78    0.73    762,500 
 1.37    150,000    0.99    1.37    150,000 
 1.43    300,000    2.91    1.43    300,000 
 15.00    75,000    2.91    15.00    75,000 
      16,590,261    7.38   $0.30    13,412,761 
SCHEDULE OF BLACK SCHOLES VALUATION ALLOWANCE MODEL

 

Expected Term   1 year  
Strike price  $0.15 
Expected volatility   115.1%
Risk-free interest rates   1.36%
Dividend yields   0.00%
SCHEDULE OF WARRANTS ACTIVITY

The issuance of warrants to purchase shares of the Company’s Common Stock, including those attributed to debt issuances, as of June 30, 2022 are summarized as follows:

 

   Shares  

Average

Exercise Price

 
Outstanding at January 1, 2022   53,314,424   $0.20 
Issued during the six months ended June 30, 2022   34,375,066    0.15-0.20 
Exercised / cancelled during the six months ended June 30, 2022   (9,615,385)   0.13 
Outstanding at June 30, 2022   82,322,855   $0.18 
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE

The following table summarizes information about warrants outstanding and exercisable at June 30, 2022:

 

    Outstanding and exercisable 
        Weighted-   Weighted-     
        Average   Average     
    Number   Remaining Life   Exercise   Number 
Exercise Price   Outstanding   in Years   Price   Exercisable 
$0.20    42,737,500    0.75   $0.20    4,237,500 
 0.13    961,539    4.46    0.13    4,807,693 
 0.15    33,000,066    1.75    0.15    33,000,066 
 0.20    5,623,750               4.75-4.98    0.20    5,623,750 
      82,322,855    2.0   $0.18    81,920,259