| FAIR VALUE MEASUREMENT INPUTS AND VALUATION TECHNIQUES |
FAIR VALUE
MEASUREMENT INPUTS AND VALUATION TECHNIQUES
| Date |
|
Number of Stock Warrants |
|
|
Stock Price |
|
|
Strike Price |
|
|
Expected Volatility |
|
|
Interest Rate |
|
|
Warrants and Rights Outstanding, Measurement Input |
|
|
Expected Term |
|
|
Fair Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk- |
|
|
|
|
|
|
|
|
|
|
| |
|
Number
of |
|
|
|
|
|
|
|
|
|
|
|
free |
|
|
|
|
|
|
|
|
|
|
| |
|
Stock |
|
|
Stock |
|
|
Strike |
|
|
Expected |
|
|
Interest |
|
|
Dividend |
|
|
Expected |
|
|
Fair |
|
| Date |
|
Warrants |
|
|
Price |
|
|
Price |
|
|
Volatility |
|
|
Rate |
|
|
Rate |
|
|
Term |
|
|
Value |
|
| 03/03/2023 |
|
|
114,286 |
|
|
$ |
0.17 |
|
|
$ |
0.01 |
|
|
|
137.62 |
% |
|
|
4.26 |
% |
|
|
0.00 |
% |
|
|
5.0
years |
|
|
$ |
18,710 |
|
| 06/01/2023 |
|
|
150,000 |
|
|
$ |
0.12 |
|
|
$ |
0.19 |
|
|
|
150.24 |
% |
|
|
3.70 |
% |
|
|
0.00 |
% |
|
|
3.0
years |
|
|
$ |
14,013 |
|
|
| SCHEDULE OF OUTSTANDING STOCK WARRANTS AND CHANGES |
A
summary of the status of the Company’s outstanding stock warrants and changes during the periods is presented below:
SCHEDULE
OF OUTSTANDING STOCK WARRANTS AND CHANGES
| |
|
Shares
available
to purchase
with warrants |
|
|
Weighted
Average
Exercise Price |
|
|
Weighted-Average
Remaining Contractual
Term (in years) |
|
|
Aggregate
Intrinsic Value |
|
| Outstanding,
December 31, 2022 |
|
|
41,085,714 |
|
|
$ |
0.24 |
|
|
|
4.64 |
|
|
$ |
45,714 |
|
| Issued |
|
|
264,286 |
|
|
|
0.11 |
|
|
|
4.88 |
|
|
|
15,886 |
|
| Expired |
|
|
2,000,000 |
|
|
|
1.05 |
|
|
|
- |
|
|
|
- |
|
| Outstanding,
December 31, 2023 |
|
|
39,350,000 |
|
|
$ |
0.20 |
|
|
|
3.87 |
|
|
$ |
61,600 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding,
December 31, 2023 |
|
|
39,350,000 |
|
|
$ |
0.20 |
|
|
|
3.87 |
|
|
$ |
61,600 |
|
| Expired |
|
|
(250,000 |
) |
|
|
1.00 |
|
|
|
- |
|
|
|
- |
|
| Outstanding,
December 31, 2024 |
|
|
39,100,000 |
|
|
$ |
0.19 |
|
|
|
2.88 |
|
|
$ |
21,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable,
December 31, 2024 |
|
|
29,438,863 |
|
|
$ |
0.19 |
|
|
|
2.88 |
|
|
$ |
21,000 |
|
|
| SCHEDULE OF EXERCISABLE WARRANTS |
The
following table summarizes information about stock warrants to purchase shares of the Company’s common stock outstanding and exercisable
as of December 31, 2024:
SCHEDULE
OF EXERCISABLE WARRANTS
| |
|
|
|
|
|
Weighted- |
|
|
Weighted- |
|
|
|
|
| |
|
|
|
|
|
Average |
|
|
Average |
|
|
|
|
| Range
of |
|
|
Outstanding |
|
|
Remaining
Life |
|
|
Exercise |
|
|
Number |
|
| exercise
prices |
|
|
Warrants |
|
|
In
Years |
|
|
Price |
|
|
Exercisable |
|
| $ |
0.90 |
|
|
|
300,000 |
|
|
|
0.75 |
|
|
$ |
0.90 |
|
|
|
300,000 |
|
| |
0.19 |
|
|
|
38,300,000 |
|
|
|
2.90 |
|
|
|
0.19 |
|
|
|
28,638,863 |
|
| |
0.20 |
|
|
|
100,000 |
|
|
|
2.84 |
|
|
|
0.20 |
|
|
|
100,000 |
|
| |
0.01 |
|
|
|
400,000 |
|
|
|
3.05 |
|
|
|
0.01 |
|
|
|
400,000 |
|
| |
|
|
|
|
39,100,000 |
|
|
|
2.88 |
|
|
$ |
0.19 |
|
|
|
29,438,863 |
|
|