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Share-Based Compensation & Warrants (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of option activity

Schedule of option activity
		December 31, 2023
Risk-free interest rate		0.24 – 5.23%
Expected dividend yield		None
Expected life of warrants		3.33-10 years
Expected volatility rate		156 – 273%

Schedule of warrant assumptions

Schedule of warrant assumptions
		Number of Shares				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life (Years)
Outstanding, December 31, 2022			1,833,566			$	2.59				6.47
Granted			1,000,000				1.18				1.50
Exercised			-				-				-
Forfeited			(16,666	)			12.00				-
Outstanding, December 31, 2023			2,816,900			$	2.03				4.08
Granted			-				-				-
Exercised			(1,000,000	)		$	1.179				-
Forfeited			(95,139	)			12.00				-
Outstanding, December 31, 2024			1,721,761			$	1.97				4.71
Exercisable, December 31, 2023			2,720,221			$	2.05				3.93
Exercisable, December 31, 2024			1,721,761			$	1.97				4.71

Schedule of warrant activity

Schedule of warrant activity
Risk-free interest rate		1.92 - 5.02%
Expected dividend yield		None
Expected life of warrants		1 - 5 years
Expected volatility rate		98 - 167%

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- References

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- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

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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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-1

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