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STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

SCHEDULE OF COMMON STOCK

The Company issued the following common stock during the three months ended March 31, 2022 and 2021:

 SCHEDULE OF COMMON STOCK

Transaction Type		Shares Issued				Valuation $ (Issued)				Range of Value Per Share
2022 Equity Transactions
Common stock issued per exercise of options			200,000				210,000			$	0.60 - 1.20
Common stock issued per exercise of warrants, cashless			311,750				—				—
Common stock issued, pursuant to services provided			448,409				5,717,010				12.00 - $13.57
Conversion of preferred stock			9,976,536				2,494,134				0.25
Issuance of common stock pursuant to offering, net			1,650,000				20,552,000				14.00
Issuance of common stock, pursuant to anti-dilutive provisions			335,073				4,691,022				14.00

Transaction Type		Qty Shares Issued				Valuation $ (Issued)				Range of Value Per Share
2021 Equity Transactions
Common stock issued per PPM, Bridge Line Ventures			62,873				754,464				12.00
Common stock issued, exercise of warrants			21,250				74,375				3.50
Common stock issued, pursuant to services provided			35,000				101,250				2.25
Conversion of preferred stock			200,000				50,000				0.25

SCHEDULE OF PREFERRED STOCK

The following is a summary of the Company’s Preferred Stock activity during the three months ended March 31, 2022:

 SCHEDULE OF PREFERRED STOCK

Transaction Type		Quantity				Valuation				Value per Share
Preferred Stock Balance at December 31, 2021			13,256,936			$	3,314,233			$	0.25
Preferred Stock redemptions			(9,976,536	)			(2,494,134	)			0.25
Preferred Stock Balance at March 31, 2022			3,280,400				820,099			$	0.25

SCHEDULE OF STOCK OPTION ACTIVITY

The following is a summary of the Company’s stock option activity during the three month periods ended March 31, 2022 and 2021:

 SCHEDULE OF STOCK OPTION ACTIVITY

Options		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (In Years)				Aggregate Intrinsic Value
Outstanding, January 1, 2022			21,852,182			$	3.87				4.17			$	5,990,800
Exercised			(200,000	)			1.20				-				-
Granted			11,724,500				13.09				-				-
Forfeited			(665,000	)			-				-				-
Outstanding, March 31, 2022			32,711,682			$	4.36				4.14			$	345,090,982
Exercisable, March 31, 2022			8,982,557			$	3.4				4.10			$	203,781,741

Options		Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (In Years)				Aggregate Intrinsic Value
Outstanding, January 1, 2021			12,654,500			$	3.28				4.25			$	8,754,750
Forfeited			(100,000	)			-				-				-
Outstanding, March 31, 2021			12,554,500			$	3.58				4.72			$	350,397,290
Exercisable, March 31, 2021			8,097,658			$	2.90				4.85				176,527,956

SCHEDULE OF WARRANT ACTIVITY

The following is a summary of the Company’s warrant activity during the three month periods ended March 31, 2022 and 2021:

 SCHEDULE OF WARRANT ACTIVITY

		Number of Warrants				Weighted Average Exercise Price
Balance, January 1, 2022			2,127,895			$	5.4
Issued			132,000				18.20
Exercised			(430,000	)			—
Forfeited			(750,000	)			—
Balance, March 31, 2022			1,079,895			$	8.84

		Number of Warrants				Weighted Average Exercise Price
Balance, January 1, 2021			1,602,415			$	3.24
Exercised			(21,250	)			—
Balance, March 31, 2021			1,581,165			$	3.28

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Tabular disclosure of the change in common stock outstanding.

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Tabular disclosure of preferred units of master limited partnerships that have priority over limited partner units in areas including liquidation, redemption, conversion, tax status of distribution or sharing in distributions. This schedule ordinarily includes a description of the preferred units that details various rights including redemption, conversion, liquidation, and sharing in distributions; capital contributed by preferred partners; number of preferred units authorized to be issued, issued, and outstanding; aggregate cumulative cash distributions made to the preferred partners; aggregate cumulative net income earned by the preferred partners; capital account balance of the preferred partners.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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