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SHAREHOLDERS EQUITY (Tables)
12 Months Ended
Dec. 31, 2023
Shareholders' Equity:  
Stock Options Outstanding

 

 

December 31, 2023

 

 

December 31, 2022

 

 

 

Number of Options

 

 

Weighted Average Exercise Price

 

 

Number of Options

 

 

Weighted Average Exercise Price

 

Outstanding, beginning of period

 

 

413,000

 

 

$1.65

 

 

 

143,000

 

 

$2.66

 

Granted

 

 

217,042

 

 

 

0.82

 

 

 

270,000

 

 

 

1.12

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(12,500)

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, end of period

 

 

617,542

 

 

$1.38

 

 

 

413,000

 

 

$1.65

 

Options Outstanding and Exercisable by Price Range

 

 

 

Average

 

 

Exercisable Options

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Remaining

 

 

 

 

 

Weighted

 

Outstanding Options

 

 

Contractual

 

 

 

 

 

Average

 

Range

 

 

Number

 

 

Life in Years

 

 

Number

 

 

Exercise Price

 

$

0.71

 

 

 

7,042

 

 

 

4.06

 

 

 

7,042

 

 

$0.71

 

$

0.80

 

 

 

27,500

 

 

 

2.20

 

 

 

27,500

 

 

$0.80

 

$

0.85

 

 

 

210,000

 

 

 

9.08

 

 

 

210,000

 

 

$0.85

 

$

0.88

 

 

 

31,250

 

 

 

1.01

 

 

 

31,250

 

 

$0.88

 

$

0.96

 

 

 

12,500

 

 

 

1.02

 

 

 

12,500

 

 

$0.96

 

$

1.12

 

 

 

270,000

 

 

 

9.06

 

 

 

270,000

 

 

$1.12

 

$

1.93

 

 

 

10,500

 

 

 

4.06

 

 

 

10,500

 

 

$1.93

 

$

2.16

 

 

 

5,000

 

 

 

2.00

 

 

 

5,000

 

 

$2.16

 

$

4.40

 

 

 

12,500

 

 

 

3.05

 

 

 

12,500

 

 

$4.40

 

$

7.06

 

 

 

31,250

 

 

 

2.75

 

 

 

31,250

 

 

$7.06

 

 

 

 

 

 

617,542

 

 

 

7.05

 

 

 

617,542

 

 

$1.38

 

Stock Warrants Outstanding

 

 

December 31, 2023

 

 

December 31, 2022

 

 

 

(Unaudited)

 

 

Weighted Average Exercise Price

 

 

Number of Warrants

 

 

Weighted Average Exercise Price

 

Outstanding, beginning of period

 

 

2,792,335

 

 

$2.25

 

 

 

3,381,021

 

 

$2.22

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

(31,250)

 

 

(0.21)

Expired 

 

 

(20,239)

 

 

(1.11)

 

 

(557,436)

 

 

(2.23)

Outstanding, end of period

 

 

2,772,096

 

 

$2.25

 

 

 

2,792,335

 

 

$2.25

 

Warrants Outstanding and Exercisable by Price Range

Outstanding Warrants

 

 

 

 

Exercisable Warrants

 

Exercise Price

 

 

Number

 

 

Average Weighted

Remaining Contractual

Life in Years

 

 

Number

 

 

Weighted Average

Exercise Price

 

$

0.64

 

 

 

31,250

 

 

 

9.89

 

 

 

31,250

 

 

$0.64

 

$

0.80

 

 

 

125,000

 

 

 

10.08

 

 

 

125,000

 

 

$0.80

 

$

0.96

 

 

 

442,708

 

 

 

8.98

 

 

 

442,708

 

 

$0.96

 

$

1.12

 

 

 

6,250

 

 

 

0.30

 

 

 

6,250

 

 

$1.12

 

$

1.20

 

 

 

156,250

 

 

 

1.09

 

 

 

156,250

 

 

$1.20

 

$

1.68

 

 

 

1,434,721

 

 

 

2.75

 

 

 

1,434,721

 

 

$1.68

 

$

2.18

 

 

 

172,167

 

 

 

2.75

 

 

 

172,167

 

 

$2.18

 

$

4.00

 

 

 

28,750

 

 

 

6.32

 

 

 

28,750

 

 

$4.00

 

$

6.95

 

 

 

375,000

 

 

 

7.75

 

 

 

375,000

 

 

$6.95

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,772,096

 

 

 

4.62

 

 

 

2,772,096

 

 

$2.25