STOCK WARRANTS AND STOCK OPTIONS (Tables)
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9 Months Ended |
Sep. 30, 2020 |
| STOCK WARRANTS AND STOCK OPTIONS |
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| Schedule of fair value of non-employee stock/warrants |
| | | Sept. 30, 2020 | | | Sept. 30, 2019 | | | Exercise Price | | $ | 0.50 | | | $ 0.06 - 0.2 | | | Dividend Yield | | | 0 | % | | | 0 | % | | Volatility | | | 153 | % | | 134% - 138 | % | | Risk-free Interest Rate | | | 0.29 | % | | 1.83% – 2.53 | % | | Life of Warrants | | 5 Years | | | 5 Years | |
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| Schedule of outstanding warrants |
| | | Warrants Outstanding Number of Shares | | | Exercise Price Per Share | | | Weighted Average Remaining Contractual Life | | Weighted Average Exercise Price Per Share | | | Aggregate Intrinsic Value | | | Balance at December 31, 2018 | | | 721,678 | | | $0.1397 - 0.6319 | | | 3.45 Years | | $ | 0.1929 | | | $ | - | | | Warrants Granted | | | 772,261 | | | $0.06 - 0.2062 | | | 4.50 Years | | $ | 0.1231 | | | $ | 161,129 | | | Warrants Exercised | | | (1,038,339 | ) | | $0.06 - 0.5322 | | | | | $ | 0.1630 | | | | | | | Warrants Expired | | | (1,503 | ) | | $ | 0.6319 | | | | | $ | 0.6319 | | | | | | | Balance at September 30, 2019 | | | 454,097 | | | $.1330 - 0.1530 | | | 4.55 Years | | $ | 0.1463 | | | $ | 85,158 | | | | | Warrants Outstanding Number of Shares | | | Exercise Price Per Share | | | Weighted Average Remaining Contractual Life | | Weighted Average Exercise Price Per Share | | | Aggregate Intrinsic Value | | | Balance at December 31, 2019 | | | 598,414 | | | $ | 0.13304 – 1.039375 | | | 3.97 Years | | $ | 0.3607 | | | $ | 1,276,870 | | | Warrants Granted | | | 320,000 | | | $ | 0.50 | | | 4.68 Years | | $ | 0.50 | | | $ | 761,600 | | | Warrants Exercised | | | (454,097 | ) | | $ | 0.13304 - 0.15299 | | | | | $ | 0.1451 | | | | | | | Warrants Expired | | | - | | | | | | | | | | | | | | | | | Balance at September 30, 2020 | | | 464,317 | | | $0.50 - 1.039375 | | | 3.91 Years | | $ | 0.66765 | | | $ | 1,027,234 | | | Exercisable at December 31, 2019 | | | 598,414 | | | | $0.13304 – 1.039375 | | | 3.97 Years | | $ | 0.3607 | | | $ | 1,276,870 | | | Exercisable at September 30, 2020 | | | 464,317 | | | | $0.50 - 1.039375 | | | 3.91 Years | | $ | 0.66765 | | | $ | 1,027,234 | |
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| Schedule of fair value of stock option granted |
| | | September 30, 2020 | | | September 30, 2019 | | | Exercise Price | | $0.26-3.30 | | | | - | | | Dividend Yield | | | 0 | % | | | - | | | Expected Volatility | | 153%-171 | % | | | - | | | Risk Free Interest Rate | | 0.19%-0.43 | % | | | - | | | Expected Life | | 2.2-5 years | | | | - | |
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| Schedule of outstanding options |
| | | Options Outstanding Number of Shares | | | Exercise Price Per Share | | | Weighted Average Remaining Contractual Life | | Weighted Average Exercise Price Per Share | | | Aggregate Intrinsic Value | | | Balance at December 31, 2018 | | | 53,367 | | | $0.1497 – 8.31 | | | 2.32 Years | | $ | 0.2761 | | | $ | - | | | Options Granted | | | - | | | | - | | | | | | | | | | | | | Options Exercised | | | - | | | | - | | | | | | | | | | | | | Options Cancelled | | | (45,100 | ) | | $ | 0.1497 | | | | | $ | 0.1497 | | | | | | | Options Expired | | | - | | | | - | | | | | | | | | | | | | Balance at September 30, 2019 | | | 8,267 | | | $0.2328 – 8.31 | | | 0.07 Years | | $ | 0.9678 | | | $ | - | | | | | Options Outstanding Number of Shares | | | Exercise Price Per Share | | | Weighted Average Remaining Contractual Life | | Weighted Average Exercise Price Per Share | | | Aggregate Intrinsic Value | | | Balance at December 31, 2019 | | | 2,381,239 | | | $0.2634 - 1.039 | | | 8.86 Years | | $ | 0.2946 | | | $ | 5,238,080 | | | Options Granted | | | 160,000 | | | $0.2634 – 3.30 | | | 4.10 Years | | $ | 1.9454 | | | $ | 149,532 | | | Options Exercised | | | - | | | | - | | | | | | | | | | | | | Options Cancelled | | | - | | | | - | | | | | | | | | | | | | Options Expired | | | - | | | | - | | | | | | | | | | | | | Balance at September 30, 2020 | | | 2,541,239 | | | $0.26342 – 3.30 | | | 7.86 Years | | $ | 0.3987 | | | $ | 6,305,579 | | | Exercisable at December 31, 2019 | | | 539,847 | | | | $0.2634 – 1.03938 | | | 8.93 Years | | $ | 0.4 | | | $ | 1,129,786 | | | Exercisable at September 30, 2020 | | | 1,213,060 | | | | $0.26342 – 3.30 | | | 8.21 Years | | $ | 0.5009 | | | $ | 2,885,963 | |
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