SCHEDULE OF STOCK OPTIONS (Details) - USD ($) |
3 Months Ended | ||||||
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Jan. 01, 2024 |
Mar. 31, 2024 |
Dec. 31, 2023 |
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Share-Based Payment Arrangement [Abstract] | |||||||
Options | 4,660,000 | ||||||
Stock price | [1] | $ 0.16 | |||||
Strike Price | 17.00% | ||||||
Expected Volatility | 134.97% | ||||||
Interest Rate | 4.00% | ||||||
Dividend rate | 0.00% | ||||||
Expected Term | [2] | 4 years | |||||
Fair Value | $ 731,548 | ||||||
Grant exercise price | $ 0.164 | ||||||
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- Definition Share based compensation arrangement by share based payment award fair value assumptions strike price. No definition available.
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- Definition Share based compensation arrangement by share based payment award options granted in period fair value1. No definition available.
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- References No definition available.
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Change in the weighted average exercise price of options outstanding. No definition available.
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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