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STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF COMPENSATION BASED STOCK OPTION ACTIVITY

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

  

       Weighted 
       Average 
For the three months ended March 31, 2024  Shares   Exercise Price 
Outstanding at January 1, 2024   24,177,761   $0.21 
Expired or cancelled   -    - 
Outstanding at March 31, 2024   24,177,761    0.21 
Options exercisable at March 31, 2024   13,985,261    0.10 

 

       Weighted 
       Average 
For the three months ended March 31, 2023  Shares   Exercise Price 
Outstanding at January 1, 2023   25,690,261   $0.30 
Expired or cancelled   -    - 
Outstanding at March 31, 2023   25,690,261   $0.30 
Exercisable at March 31, 2023   15,497,761   $0.29 
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 March 31, 2024:

 

Exercise prices  

Outstanding

Options

  

Weighted-

Average

Remaining Life

In Years

  

Weighted-

Average

Exercise

Price

  

Number

Exercisable

 
                  
$0.1 to $0.15     16,250,000    7.9   $0.12    6,057,500 
 0.16 to $0.21     5,502,761    7.3    0.16    5,502,761 
 0.22 to $0.37     1,550,000    3.7    0.28    1,550,000 
 0.38 to $0.72     500,000    2.0    0.73    500,000 
 0.73 to $15.0     375,000    1.1    4.14    375,000 
      24,177,761    7.3   $0.21    13,985,261 
SCHEDULE OF WARRANTS ACTIVITY

A summary of our warrant activity for the three months ended March 31, 2024 and 2023, respectively are are shown as follows:

 

       Average 
For the three months ended March 31, 2024  Shares   Exercise Price 
Outstanding at January 1, 2024   61,500,355   $0.15 
Issued during the three months ended March 31, 2024   3,390,000    0.12 
Exercised / cancelled during the three months ended March 31, 2024   (33,000,066)   015 
Outstanding at March 31, 2024   31,890,289   $0.13 

 

       Average 
For the three months ended March 31, 2023  Shares   Exercise Price 
Outstanding at January 1, 2023   81,072,855   $0.18 
Issued during the three months ended March 31, 2023   -    - 
Exercised / cancelled during the three months ended March 31, 2023   -    - 
Outstanding at March 31, 2023   81,072,855   $0.18 
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE

The following table summarizes information about warrants outstanding and exercisable at March 31, 2024:

  

    Outstanding and exercisable 
        Weighted-   Weighted-     
        Average   Average     
    Number   Remaining Life   Exercise   Number 
Exercise Price   Outstanding   in Years   Price   Exercisable 
$0.13    961,539    2.65    0.13    961,539 
 0.20    4,373,750    2.9-3.23    0.20    4,373,750 
 0.12    26,555,000    1.27-1.83    0.12    26,555,000 
                       
      31,890,289    1.74   $0.13    31,890,289