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STOCK OPTIONS AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2022
STOCK OPTIONS AND WARRANTS  
Schedule Of Fair Value Of Stock Options Granted

 

 

2022

 

 

 

2021

 

Risk-free interest rates

 

1.15%-4.12%

 

0.07%-1.33%

 

Expected life (in years)

 

2.50 – 4.00

 

 

1.00 – 5.00

 

Expected volatility

 

132%-195%

 

136%-347%

 

Dividend yield

 

0.00%

 

0.00%

 

Schedule Of Stock Option Activity

 

 

Options

Outstanding

 

 

Weighted

Average

Exercise

Price

 

 

Weighted Average Remaining Life (In Years)

 

 

Aggregate Intrinsic Value

 

Outstanding at December 31, 2020

 

 

676,304

 

 

 

3.36

 

 

 

3.55

 

 

$603,819

 

Granted

 

 

2,364,500

 

 

 

4.44

 

 

 

 

 

 

 

 

 

Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

Expired or cancelled

 

 

(369,627 )

 

 

4.83

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2021

 

 

2,671,177

 

 

 

4.32

 

 

 

4.16

 

 

$53,670

 

Granted

 

 

1,667,561

 

 

 

1.44

 

 

 

 

 

 

 

 

 

Exercised

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

Expired or cancelled

 

 

(633,617 )

 

 

3.45

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2022

 

 

3,705,121

 

 

$3.05

 

 

 

2.80

 

 

$-

 

Exercisable at December 31, 2022

 

 

2,413,710

 

 

$3.59

 

 

 

2.71

 

 

$-

 

Schedule Of Warrants Outstanding

 

 

Warrants

Outstanding

 

 

Weighted Average

Exercise

Price Per Share

 

Outstanding at December 31, 2020

 

 

1,461,378

 

 

$4.60

 

Issued

 

 

6,008,237

 

 

 

4.46

 

Cancelled pursuant to modification

 

 

(265,148 )

 

 

1.92

 

Exercised

 

 

(522,108)

 

 

 

4.00

 

Outstanding at December 31, 2021

 

 

6,682,359

 

 

 

4.32

 

Issued

 

 

2,163,220

 

 

 

1.99

 

Exchanged to common stock

 

 

(112,726 )

 

 

5.00

 

Increase due to trigger of anti-dilution provisions

 

 

2,558,098

 

 

 

0.98

 

Exercised

 

 

-

 

 

 

-

 

Expired or cancelled

 

 

-

 

 

 

-

 

Outstanding at December 31, 2022

 

 

11,290,951

 

 

$2.84

 

Schedule Of Fair Value Of Warrant Options Granted

 

 

December 31, 2022

 

Risk-free interest rates

 

3.04%-3.71%

Expected life (in years)

 

5

 

Expected volatility

 

173%-175%

Dividend yield

 

0.00%