Stock Options and Warrants (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
Share-based Payment Arrangement [Abstract] |
|
Stock options outstanding |
Stock options outstanding |
|
|
|
|
|
|
|
|
|
|
Options |
|
|
Weighted Avg. Exercise Price
|
|
Options outstanding, December 31, 2019 |
|
|
39,750,603 |
|
|
$ |
0.20 |
|
Options granted |
|
|
3,599,998 |
|
|
|
0.12 |
|
Options exercised |
|
|
(60,000 |
) |
|
|
0.05 |
|
Options cancelled |
|
|
(10,810,000 |
) |
|
|
0.25 |
|
Options outstanding, December 31, 2020 |
|
|
32,480,601 |
|
|
$ |
0.18 |
|
Options granted |
|
|
800,000 |
|
|
|
0.03 |
|
Options exercised |
|
|
– |
|
|
|
– |
|
Options cancelled |
|
|
(2,200,000 |
) |
|
|
0.30 |
|
Options outstanding, December 31, 2021 |
|
|
31,080,601 |
|
|
$ |
0.17 |
|
|
Options outstanding by Per Share Price |
Options outstanding by Per Share Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding Options |
|
|
Exercisable Options |
|
Option
Exercise Price
Per Share
|
|
Shares |
|
|
Life
(Years) |
|
|
Weighted
Average
Exercise Price |
|
|
Shares |
|
|
Weighted
Average Exercise
Price |
|
$ 0.02 - $ 0.24 |
|
|
22,305,551 |
|
|
|
6.1 |
|
|
$ |
0.10 |
|
|
|
22,305,551 |
|
|
$ |
0.10 |
|
$ 0.25 - $ 0.49 |
|
|
8,153,552 |
|
|
|
2.0 |
|
|
|
0.30 |
|
|
|
8,153,552 |
|
|
|
0.30 |
|
$ 0.50 - $ 0.99 |
|
|
471,052 |
|
|
|
2.3 |
|
|
|
0.85 |
|
|
|
471,052 |
|
|
|
0.85 |
|
$ 1.00 - $ 2.00 |
|
|
150,446 |
|
|
|
1.6 |
|
|
|
1.18 |
|
|
|
150,446 |
|
|
|
1.18 |
|
|
|
|
31,080,601 |
|
|
|
4.9 |
|
|
$ |
0.17 |
|
|
|
31,080,601 |
|
|
$ |
0.17 |
|
|
Assumptions used for option valuation |
Assumptions used for option valuation |
|
|
|
|
|
|
|
|
|
|
Years Ended |
|
|
|
2021 |
|
|
2020 |
|
Expected life (years) |
|
|
4.9 |
|
|
|
5.5 |
|
Risk free interest rate |
|
|
1.3% |
|
|
|
1.7% |
|
Volatility |
|
|
148% |
|
|
|
138% |
|
Expected dividend yield |
|
|
0% |
|
|
|
0% |
|
|
Warrants outstanding |
Warrants outstanding |
|
|
|
|
|
|
|
|
|
|
Warrants |
|
|
Weighted Avg. Exercise Price
|
|
Warrants outstanding, December 31, 2019 |
|
|
13,065,084 |
|
|
$ |
0.11 |
|
Warrants granted |
|
|
6,117,013 |
|
|
|
0.03 |
|
Warrants exercised |
|
|
(1,155,000 |
) |
|
|
0.05 |
|
Warrants cancelled |
|
|
(9,343,420 |
) |
|
|
0.07 |
|
Warrants outstanding, December 31, 2020 |
|
|
8,683,677 |
|
|
$ |
0.11 |
|
Warrants granted |
|
|
19,307,153 |
|
|
|
0.04 |
|
Warrants exercised |
|
|
– |
|
|
|
– |
|
Warrants cancelled |
|
|
(8,013,681 |
) |
|
|
0.10 |
|
Warrants outstanding, December 31, 2021 |
|
|
19,977,149 |
|
|
$ |
0.04 |
|
|
Warrants outstanding by Per Share Price |
Warrants outstanding by Per Share Price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding Warrants |
|
|
Exercisable Warrants |
|
Warrant
Exercise Price
Per Share |
|
Shares |
|
|
Life
(Years) |
|
|
Weighted
Average
Exercise Price |
|
|
Shares |
|
|
Weighted
Average
Exercise Price |
|
$ 0.02 - $ 0.24 |
|
|
19,907,149 |
|
|
|
0.7 |
|
|
$ |
0.04 |
|
|
|
19,873,816 |
|
|
$ |
0.04 |
|
$ 0.25 - $ 0.49 |
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
|
|
– |
|
$ 0.50 - $ 1.00 |
|
|
70,000 |
|
|
|
2.3 |
|
|
|
0.80 |
|
|
|
70,000 |
|
|
|
0.80 |
|
|
|
|
19,977,149 |
|
|
|
0.7 |
|
|
$ |
0.04 |
|
|
|
19,943,816 |
|
|
$ |
0.04 |
|
|