Quarterly report pursuant to Section 13 or 15(d)

OPTIONS AND WARRANTS (Tables)

v3.20.1
OPTIONS AND WARRANTS (Tables)
3 Months Ended
Mar. 31, 2020
Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Options and Warrants Activity

The following table summarizes all option grants outstanding to consultants, directors and employees as of March 31, 2020 and December 31, 2019 and the related changes during these periods are presented below.


 

 

March 31,
2020

 

 

December 31,
2019

 

Options outstanding and exercisable

 

 

5,042,500

 

 

 

5,042,500

 

Weighted-average exercise price

 

$

0.40

 

 

$

0.40

 

Aggregate intrinsic value

 

$

—

 

 

 

—

 

Weighted-average remaining contractual term (years)

 

 

4.41

 

 

 

4.66

Stock Warrants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock Options and Warrants Activity

The following table summarizes all warrant grants outstanding to consultants, directors and employees as well as investors as of March 31, 2020 and December 31, 2019 and the related changes during these periods are presented below.


 

 

March 31,
2020

 

 

December 31,
2019

 

Warrants outstanding and exercisable

 

 

29,849,761

 

 

 

29,849,761

 

Weighted-average exercise price

 

$

0.21

 

 

$

0.23

 

Aggregate intrinsic value

 

$

429,000

 

 

$

1,956,750

 

Weighted-average remaining contractual term (years)

 

 

3.32

 

 

 

3.64