Quarterly report [Sections 13 or 15(d)]

STOCK WARRANTS (Tables)

v3.26.1
STOCK WARRANTS (Tables)
3 Months Ended
Mar. 31, 2026
SCHEDULE OF WARRANT ACTIVITY

A summary of the status of the Company’s outstanding stock warrants and changes during the periods is presented below:

 

SCHEDULE OF WARRANT ACTIVITY

    Shares available to purchase     Weighted Average     Weighted Average Remaining Contractual     Aggregate  
    with warrants     Exercise Price     Term (in years)     Intrinsic Value  
Outstanding, December 31, 2025     38,341,664     $ 0.19       1.90     $ 21,000  
Issued     -       -       -       -  
Exercised     -       -       -       -  
Cancelled     -       -       -       -  
Expired     -       -       -       -  
Outstanding, March 31, 2026     38,341,664     $ 0.19       1.66     $ 4,800  
                                 
Exercisable, March 31, 2026     38,204,164     $ 0.19       1.66     $ 4,800  
                                 
Outstanding, December 31, 2024     39,100,000     $ 0.19       2.88     $ 21,000  
Issued     -       -       -       -  
Exercised     -       -       -       -  
Cancelled     -       -       -       -  
Expired     (250,000 )     0.90       -       -  
Outstanding, March 31, 2025     38,850,000     $ 0.19       2.65     $ 16,000  
                                 
Exercisable, March 31, 2025     32,220,803     $ 0.19       2.65     $ 16,000  
Common Class A [Member]  
SCHEDULE OF EXERCISABLE WARRANTS

The following table summarizes information about stock warrants to purchase shares of the Company’s Class A common stock outstanding and exercisable as of March 31, 2025:

 

 SCHEDULE OF EXERCISABLE WARRANTS 

            Weighted-     Weighted-        
            Average     Average        
Range of     Outstanding     Remaining Life     Exercise     Number  
exercise prices     Warrants     In Years     Price     Exercisable  
$ 0.19       37,841,664       1.66     $ 0.19       37,704,164  
$ 0.20       100,000       1.59     $ 0.20       100,000  
$ 0.01       400,000       1.80     $ 0.01       400,000  
          38,341,664       1.66     $ 0.19       38,204,164