STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS (Tables)
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9 Months Ended |
Sep. 30, 2023 |
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| STOCK WARRANTS STOCK OPTIONS AND RESTRICTED STOCK UNITS |
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| Schedule of fair value of warrant and stock options granted |
| | September 30, 2023 | | | September 30, 2022 | | Exercise Price | | $ | 1.35 - 2.52 | | | $ | 1.35 - 6.00 | | Dividend Yield | | | 0 | % | | | 0 | % | Volatility | | 162-209 | % | | 110-160 | % | Risk-free Interest Rate | | 4.56-4.73 | % | | 2.45-3.88 | % | Expected Term | | 1.5 - 2.5 Years | | | 3 - 7 Years | |
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| Schedule of warrant And Option outstanding Stock |
| | 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, 2021 | | | 836,464 | | | $ | 1.50 – 9.00 | | | 3.04 Years | | | $ | 6.78 | | | $ | 1,784,838 | | Warrants Granted | | | 13,315,461 | | | $ | 1.35 – 5.31 | | | | - | | | $ | 1.94 | | | $ | 9,896,694 | | Warrants Exercised | | | - | | | $ | - | | | | - | | | $ | - | | | $ | - | | Warrants Expired | | | - | | | $ | - | | | | - | | | $ | - | | | $ | - | | Balance at September 30, 2022 | | | 14,151,925 | | | $ | 1.35 – 9.00 | | | 5.66 Years | | | $ | 1.62 | | | $ | 14,934,593 | |
| | 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, 2022 | | | 10,387,877 | | | $ | 1.35 – 9.00 | | | 5.11 Years | | | $ | 1.92 | | | $ | - | | Warrants Granted | | | 611,998 | | | $ | 1.35 – 2.52 | | | | - | | | $ | 2.09 | | | $ | - | | Warrants Exercised | | | - | | | $ | - | | | | - | | | $ | - | | | $ | - | | Warrants Expired | | | (334,166 | ) | | $ | 9.00 | | | | - | | | $ | 9.00 | | | $ | - | | Balance at September 30, 2023 | | | 10,665,709 | | | $ | 1.35 – 5.31 | | | 4.48 Years | | | $ | 1.71 | | | $ | - | |
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| Schedule of options pricing model |
| | September 30, 2023 | | | September 30, 2022 | | Exercise Price | | $ | 1.36 – 2.32 | | | $ | 8.25 – 9.08 | | Dividend Yield | | | 0 | % | | | 0 | % | Volatility | | | 143%-207 | % | | | 191%-192 | % | Risk-free Interest Rate | | | 4.09-4.69 | % | | | 0.78%-1.52 | % | Expected Term | | | 2.7 - 5.8 Years | | | | 2.0 – 3.0 Years | |
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| Schedule of outstanding stock 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, 2021 | | | 1,053,356 | | | $ | 0.79 – 10.74 | | | 6.21 Years | | | $ | 3.39 | | | $ | 5,804,517 | | Options Granted | | | 70,000 | | | $ | 8.25 – 9.08 | | | - | | | $ | 8.29 | | | $ | - | | Options Exercised | | | - | | | $ | - | | | | - | | | $ | - | | | $ | - | | Options Expired/Forfeited | | | (21,667 | ) | | $ | 4.94 – 10.73 | | | | - | | | $ | 9.33 | | | $ | - | | Balance at September 30, 2022 | | | 1,101,689 | | | $ | 0.79 – 10.30 | | | 5.28 Years | | | $ | 3.59 | | | $ | 559,146 | |
| | 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, 2022 | | | 1,103,583 | | | $ | 0.79 - 9.30 | | | 5.33 Years | | | $ | 1.71 | | | $ | - | | Options Granted | | | 875,000 | | | $ | 1.36 - 2.32 | | | - | | | $ | 2.26 | | | $ | - | | Options Exercised | | | - | | | $ | - | | | | - | | | $ | - | | | $ | - | | Options Expired/Forfeited | | | (18,181 | ) | | $ | 2.11 | | | | - | | | $ | - | | | $ | - | | Balance at September 30, 2023 | | | 1,960,401 | | | $ | 0.79 - 9.30 | | | 5.81 Years | | | $ | 1.94 | | | $ | - | |
| | Options Outstanding Number of Shares | | | Exercise Price Per Share | | | Weighted Average Remaining Contractual Life | | Weighted Average Exercise Price Per Share | | | Aggregate Intrinsic Value | | Exercisable at December 31, 2022 | | | 930,573 | | | $ | 0.79 - 9.30 | | | 5.83 Years | | $ | 1.60 | | | $ | - | | Exercisable at September 30, 2023 | | | 1,338,912 | | | $ | 0.79 - 9.30 | | | 5.01 Years | | $ | 1.81 | | | $ | - | |
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| Schedule of RSU activity under the Plan |
| | RSUs | | | Weighted Average Grant Date Fair Value Per Share | | | Weighted Average Vesting Period | | Unvested at December 31, 2021 | | | 133,585 | | | $ | 8.56 | | | 1.66 Years | | Granted | | | 41,667 | | | $ | 6.92 | | | 0.96 Years | | Cancelled | | | - | | | $ | - | | | | - | | Vested | | | (16,667 | ) | | $ | 7.50 | | | | - | | Unvested at September 30, 2022 | | | 158,585 | | | $ | 8.24 | | | 1.51 Years | |
| | RSUs | | | Weighted Average Grant Date Fair Value Per Share | | | Weighted Average Vesting Period | | Unvested at December 31, 2022 | | | 380,000 | | | $ | 2.17 | | | 0.74 Years | | Granted | | | - | | | $ | - | | | | - | | Cancelled | | | (80,000 | ) | | $ | 2.17 | | | 0.58 Years | | Vested | | | (185,000 | ) | | $ | 2.17 | | | | - | | Unvested at September 30, 2023 | | | 115,000 | | | $ | 2.17 | | | 1.17 Years | |
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