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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 13—SUBSEQUENT EVENTS

 

On January 1, 2023, 35,000 options were issued to the CEO with an exercise price of $0.35 and that vest in equal increments on January 1, 2023, April 1, 2023, July 1, 2023 and October 1, 2023 valued at $9,000.

 

On January 3, 2023, 30,000 options in the aggregate were issued to directors with an exercise price of $0.35 and that vest in equal increments on January 1, 2023, April 1, 2023, July 1, 2023 and October 1, 2023 valued at $9,000 in the aggregate.

 

On February 27, 2023, 10,000 options were issued to the new Director of Software Development and Technology with an exercise price of $0.41 and that vest in equal increments over three years on the anniversary date of the issuance with the last tranche vesting on February 27, 2026. These options are valued at $3,000.

 

On March 2, 2023, 35,000 warrants that were set to expire on March 16, 2023 were exercised at an exercise price of $0.13 per share by the Companys Chief Executive Officer.