Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Stock Warrants (Tables)

v3.22.2.2
Note 8 - Stock Warrants (Tables)
9 Months Ended
Sep. 30, 2022
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
                            Risk-                
    Number of                       free                
    Stock     Stock     Strike     Expected     Interest     Dividend   Expected   Fair  

Date

 

Warrants

   

Price

   

Price

   

Volatility

   

Rate

   

Rate

 

Term

 

Value

 

10/20/2021

    250,000     $ 1,00     $ 1,00       75.00

%

    0.77

%

    0.00

%

1.0 years

  $ 63,000  

10/21/2021

    300,000     $ 0.90     $ 0.90       75.00

%

    0.77

%

    0.00

%

1.0 years

  $ 93,917  

9/12/2022

    33,150,000     $ 0.19     $ 0.19       103.09

%

    3.47

%

    0.00

%

3.0 years

  $ 4,088,769  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
    Shares              
    available              
    to purchase     Weighted     Weighted  
    with     Average     Average  
   

warrants

   

Price

   

Fair Value

 

Outstanding, December 31, 2020

    2,000,000     $ 1.05     $ 0.003  

Issued

    550,000     $ 0.95     $ 0.023  

Exercised

    -     $ -     $ -  

Cancelled

    -     $ -     $ -  

Expired

    -     $ -     $ -  

Outstanding, December 31, 2021

    2,550,000     $ 1.03     $ 0.007  

Issued

    33,150,000     $ 0.19     $ 0.19  

Exercised

    -     $ -     $ -  

Cancelled

    -     $ -     $ -  

Expired

    -     $ -     $ -  

Outstanding, September 30, 2022

    35,700,000     $ 0.25       0.19  
                         

Exercisable, September 30, 2022

    2,225,000     $ 1.03     $ 0.007  
Schedule of Exercisable Warrants [Table Text Block]
               

Weighted-

   

Weighted-

         
               

Average

   

Average

         

Range of

   

Outstanding

   

Remaining Life

   

Exercise

   

Number

 

exercise prices

   

Warrants

   

In Years

   

Price

   

Exercisable

 
$ 1.05       2,000,000       0.67     $ 1.05       2,000,000  
  1.00       250,000       2.00       1.00       125,000  
  0.90       300,000       3.00       0.90       100,000  
  0.19       33,150,000       4.98       0.19       -  
          35,700,000       4.70     $ 0.25       2,225,000