0001477932-20-006656.txt : 20201116 0001477932-20-006656.hdr.sgml : 20201116 20201116163451 ACCESSION NUMBER: 0001477932-20-006656 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 52 CONFORMED PERIOD OF REPORT: 20200930 FILED AS OF DATE: 20201116 DATE AS OF CHANGE: 20201116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MANHATTAN SCIENTIFICS INC CENTRAL INDEX KEY: 0001099132 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 850460639 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-28411 FILM NUMBER: 201317630 BUSINESS ADDRESS: STREET 1: 244 FIFTH AVENUE STREET 2: SUITE 2341 CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-541-2405 MAIL ADDRESS: STREET 1: 244 FIFTH AVENUE STREET 2: SUITE 2341 CITY: NEW YORK STATE: NY ZIP: 10001 10-Q 1 mhtx_10q.htm FORM 10-Q mhtx_10q.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

FORM 10-Q

  

(Mark One)

 

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934

 

For the quarterly period ended September 30, 2020

 

TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

 

For the transition period from ____________to____________

 

MANHATTAN SCIENTIFICS, INC.

(Exact name of small business issuer as specified in its charter)

 

Delaware

 

000-28411

 

85-0460639

(State of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

244 Fifth Ave, Suite 2341

New York, New York, 10001

(Address of principal executive offices) (Zip code)

 

Issuer’s telephone number: (212) 541-2405

 

Securities registered under Section 12(b) of the Exchange Act: None

 

Securities registered under Section 12(g) of the Exchange Act:

 

Common Stock, $0.001 par value

(Title of Class)

 

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒    No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒    No ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company . See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

Accelerated filer

Non-accelerated filer

Smaller reporting company

 

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐     No ☒

 

There were 557,781,064 shares outstanding of registrant’s common stock, par value $0.001 per share, as of November 13, 2020.

 

 

 

  

TABLE OF CONTENTS

 

PART I

 

 

 

 

 

 

Item 1.

Condensed Financial Statements

 

3

 

 

Condensed Consolidated Balance Sheets as of September 30, 2020 (unaudited) and December 31, 2019

 

 

3

 

 

Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2020 and 2019 (unaudited)

 

 

4

 

 

Condensed Consolidation Statements of Stockholders’ Equity (Deficit) for the three and nine months ended September 30, 2020 and 2019 (unaudited)

 

 

5

 

Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2020 and 2019 (unaudited)

 

 

7

 

 

Condensed Notes to Consolidated Financial Statements (Unaudited)

 

 

8

 

Item 2.

Management’s Discussion and Analysis of Financial Condition and Results of Operation

 

 

14

 

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

 

 

22

 

Item 4.

Controls and Procedures

 

 

23

 

 

 

 

 

 

 

PART II

 

 

 

 

 

 

 

Item 1.

Legal Proceedings

 

 

24

 

Item 1A.

Risk Factors

 

 

24

 

Item 2.

Unregistered Sales of Equity Securities and Use of Proceeds

 

 

27

 

Item 3.

Defaults Upon Senior Securities

 

 

27

 

Item 4.

Mine Safety Disclosure

 

 

27

 

Item 5.

Other Information

 

 

27

 

Item 6.

Exhibits

 

 

28

 

SIGNATURES

 

 

29

 

 

 
2

Table of Contents

 

PART I – FINANCIAL INFORMATION 

 

ITEM 1. FINANCIAL STATEMENTS

  

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS

  

 

 

September 30,

 

 

December 31,

 

 

2020

 

2019

 

 

 

(unaudited)

 

 

 

ASSETS

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

Cash

 

$ 474,000

 

 

$ 261,000

 

Prepaid expenses

 

 

6,000

 

 

 

13,000

 

Due from the sale of assets - current portion

 

 

300,000

 

 

 

300,000

 

Total current assets

 

 

780,000

 

 

 

574,000

 

 

 

 

 

 

 

 

 

 

Investment in equity securities

 

 

2,936,000

 

 

 

1,045,000

 

Property and equipment, net

 

 

6,000

 

 

 

4,000

 

Due from the sale of assets

 

 

300,000

 

 

 

600,000

 

Other assets

 

 

2,000

 

 

 

2,000

 

Total assets

 

$ 4,024,000

 

 

$ 2,225,000

 

 

 

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

 

 

 

Current liabilities:

 

 

 

 

 

 

 

 

Accounts payable and accrued expenses

 

$ 1,503,000

 

 

$ 1,510,250

 

Accrued expenses — related parties

 

 

790,000

 

 

 

583,750

 

Total current liabilities

 

 

2,293,000

 

 

 

2,094,000

 

 

 

 

 

 

 

 

 

 

Long-term liabilities:

 

 

 

 

 

 

 

 

Notes payable, net of discounts

 

 

97,000

 

 

 

78,000

 

Total long-term liabilities

 

 

97,000

 

 

 

78,000

 

Total liabilities

 

 

2,390,000

 

 

 

2,172,000

 

 

 

 

 

 

 

 

 

 

Commitments and Contingencies - Note 7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series D convertible preferred mandatory redeemable, authorized 105,761 shares, 105,761 and 105,761 shares issued and outstanding, respectively

 

 

1,058,000

 

 

 

1,058,000

 

 

 

 

 

 

 

 

 

 

STOCKHOLDERS’ EQUITY (DEFICIT)

 

 

 

 

 

 

 

 

Capital stock $.001 par value

 

 

 

 

 

 

 

 

Preferred, authorized 447,804 shares, 0 and 0 shares issued, and outstanding, respectively

 

 

-

 

 

 

-

 

Class A Convertible Preferred, authorized 182,525, 0 and 0 shares issued and outstanding, respectively

 

 

-

 

 

 

-

 

Class B Convertible Preferred, authorized 250,000, 49,999 and 49,999 shares issued and outstanding, respectively

 

 

-

 

 

 

-

 

Class C Redeemable Convertible Preferred, authorized 14,000, 0 and 0 shares issued and outstanding, respectively

 

 

-

 

 

 

-

 

Common, authorized 950,000,000 shares, 557,781,064 and 557,781,064 shares issued, and outstanding, respectively

 

 

558,000

 

 

 

558,000

 

Additional paid-in-capital

 

 

67,632,000

 

 

 

67,632,000

 

Stock payable

 

 

24,000

 

 

 

-

 

Accumulated deficit

 

 

(67,638,000 )

 

 

(69,195,000 )

Total stockholders' equity (deficit)

 

 

576,000

 

 

 

(1,005,000 )

TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT)

 

$ 4,024,000

 

 

$ 2,225,000

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

 
3

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

 

 

 

THREE MONTHS ENDED

 

 

NINE MONTHS ENDED

 

 

 

SEPTEMBER 30,

 

 

SEPTEMBER 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue from royalties

 

$ -

 

 

$ 22,000

 

 

$ 50,000

 

 

$ 72,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating costs:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

General and administrative expenses

 

 

196,000

 

 

 

187,000

 

 

 

541,000

 

 

 

945,000

 

Research and development

 

 

3,000

 

 

 

3,000

 

 

 

8,000

 

 

 

6,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total operating costs and expenses

 

 

199,000

 

 

 

190,000

 

 

 

549,000

 

 

 

951,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 

 

(199,000 )

 

 

(168,000 )

 

 

(499,000 )

 

 

(879,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gain on fair value adjustment of investments

 

 

1,966,000

 

 

 

1,397,000

 

 

 

2,075,000

 

 

 

764,000

 

Interest expense

 

 

(6,000 )

 

 

-

 

 

 

(19,000 )

 

 

-

 

Total other income (expense)

 

 

1,960,000

 

 

 

1,397,000

 

 

 

2,056,000

 

 

 

764,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET INCOME (LOSS)

 

$ 1,761,000

 

 

$ 1,229,000

 

 

$ 1,557,000

 

 

$ (115,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INCOME (LOSS) PER COMMON SHARE: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding (Basic)

 

 

578,443,328

 

 

 

557,781,064

 

 

 

578,000,042

 

 

 

546,528,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic Income (loss) per common share

 

$ 0.00

 

 

$ 0.00

 

 

$ 0.00

 

 

$ (0.00 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding (Diluted)

 

 

596,456,245

 

 

 

597,886,064

 

 

 

596,022,959

 

 

 

546,528,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted Income (loss) per common share

 

$ 0.00

 

 

$ 0.00

 

 

$ 0.00

 

 

$ (0.00 )

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

 
4

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

For the Nine Months Ended September 30, 2020

(unaudited)

 

 

 

Preferred Stock $0.001

Par Value

 

 

Common Stock  

 

 

Additional

 

 

 

 

 

 

 

 

Total

 

 

 

Series B

 

 

$0.001 Par Value

 

 

Paid-In

 

 

Stock

 

 

Accumulated

 

 

Shareholders'

 

 

 

Shares

 

 

Amount

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Payable

 

 

Deficit

 

 

Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

49,999

 

 

$ -

 

 

 

557,781,064

 

 

$ 558,000

 

 

$ 67,632,000

 

 

 

-

 

 

$ (69,195,000 )

 

$ (1,005,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(732,000 )

 

 

(732,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2020

 

 

49,999

 

 

 

-

 

 

 

557,781,064

 

 

 

558,000

 

 

 

67,632,000

 

 

 

-

 

 

 

(69,927,000 )

 

 

(1,737,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

528,000

 

 

 

528,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2020

 

 

49,999

 

 

 

-

 

 

 

557,781,064

 

 

 

558,000

 

 

 

67,632,000

 

 

 

-

 

 

 

(69,399,000 )

 

 

(1,209,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock payable for services

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

24,000

 

 

 

-

 

 

 

24,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,761,000

 

 

 

1,761,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2020

 

 

49,999

 

 

$ -

 

 

 

557,781,064

 

 

$ 558,000

 

 

$ 67,632,000

 

 

$ 24,000

 

 

$ (67,638,000 )

 

$ 576,000

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

 
5

Table of Contents

  

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT

For the Nine Months Ended September 30, 2019

(unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock $0.001

Par Value

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

 

Total

 

 

 

Series B

 

 

$0.001 Par Value

 

 

Paid-In

 

 

Stock

 

 

Accumulated

 

 

Shareholders'

 

 

 

Shares

 

 

Amount

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Payable

 

 

Deficit

 

 

Deficit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

49,999

 

 

$ -

 

 

 

533,781,064

 

 

$ 534,000

 

 

$ 67,289,000

 

 

 

-

 

 

$ (67,973,000 )

 

$ (150,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(436,000 )

 

 

(436,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2019

 

 

49,999

 

 

 

-

 

 

 

533,781,064

 

 

 

534,000

 

 

 

67,289,000

 

 

 

-

 

 

 

(68,409,000 )

 

 

(586,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock issued for services

 

 

-

 

 

 

-

 

 

 

24,000,000

 

 

 

24,000

 

 

 

336,000

 

 

 

-

 

 

 

-

 

 

 

360,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options issued for services

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

7,000

 

 

 

-

 

 

 

-

 

 

 

7,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(908,000 )

 

 

(908,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2019

 

 

49,999

 

 

 

-

 

 

 

557,781,064

 

 

 

558,000

 

 

 

67,632,000

 

 

 

-

 

 

 

(69,317,000 )

 

 

(1,127,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Loss

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,229,000

 

 

 

1,229,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

 

49,999

 

 

$ -

 

 

 

557,781,064

 

 

$ 558,000

 

 

$ 67,632,000

 

 

 

-

 

 

$ (68,088,000 )

 

$ 102,000

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

 
6

Table of Contents

  

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

 

 

 

NINE MONTHS ENDED

 

 

 

SEPTEMBER 30,

 

 

 

2020

 

 

2019

 

CASH FLOWS FROM OPERATING ACTIVITIES:

 

 

 

 

 

 

Net income (loss)

 

$ 1,557,000

 

 

$ (115,000 )

Adjustments to reconcile net income (loss) to net cash used in operating activities:

 

 

 

 

 

 

 

 

Common stock issued for services

 

 

24,000

 

 

 

360,000

 

Stock options issued/vested for services

 

 

-

 

 

 

7,000

 

Depreciation and amortization

 

 

2,000

 

 

 

1,000

 

Gain on fair value adjustment of investments

 

 

(2,075,000 )

 

 

(764,000 )

Amortization of debt discount

 

 

19,000

 

 

 

-

 

Changes in:

 

 

 

 

 

 

 

 

Prepaid expenses

 

 

7,000

 

 

 

5,000

 

Accounts payable and accrued expenses

 

 

199,000

 

 

 

263,000

 

 

 

 

 

 

 

 

 

 

Net cash used in operating activities

 

 

(267,000 )

 

 

(243,000 )

 

 

 

 

 

 

 

 

 

CASH FLOWS FROM INVESTING ACTIVITIES:

 

 

 

 

 

 

 

 

Purchase of fixed assets

 

 

(4,000 )

 

 

(2,000 )

Proceeds from sale of assets held for sale

 

 

300,000

 

 

 

300,000

 

Proceeds from sale of investments

 

 

184,000

 

 

 

2,000

 

 

 

 

 

 

 

 

 

 

Net cash provided by investing activities

 

 

480,000

 

 

 

300,000

 

 

 

 

 

 

 

 

 

 

CASH FLOWS FROM FINANCING ACTIVITIES:

 

 

 

 

 

 

 

 

Net cash provided by financing activities

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

NET DECREASE IN CASH

 

 

213,000

 

 

 

57,000

 

CASH, BEGINNING OF PERIOD

 

 

261,000

 

 

 

87,000

 

 

 

 

 

 

 

 

 

 

CASH, END OF PERIOD

 

$ 474,000

 

 

$ 144,000

 

 

 

 

 

 

 

 

 

 

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

 

 

 

 

 

 

 

 

Interest paid

 

$ -

 

 

$ -

 

Income taxes paid

 

$ -

 

 

$ -

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

 
7

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

 

NOTE 1 – BASIS OF PRESENTATION 

   

The foregoing unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Regulation S-X as promulgated by the Securities and Exchange Commission (“SEC”). Accordingly, these financial statements do not include all of the disclosures required by generally accepted accounting principles in the United States of America for complete financial statements. These unaudited interim financial statements should be read in conjunction with the audited financial statements and the notes thereto included on Form 10-K for the year ended December 31, 2019, filed on April 14, 2020. In the opinion of management, the unaudited interim financial statements furnished herein include all adjustments, all of which are of a normal recurring nature, necessary for a fair statement of the results for the interim period presented.

 

Operating results for the three and nine-months period ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020.  The condensed consolidated balance sheet at December 31, 2019 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles in the U.S. for complete financial statements.

 

As of September 30, 2020, the Company has cumulative losses totaling $67,638,000 and negative working capital of $1,513,000. The Company had a net income of $1,557,000 for the nine months ended September 30, 2020. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements.  Because of these conditions, the Company will require additional working capital to develop business operations. Management’s plans are to raise additional working capital through the continued licensing of its technology as well as to generate revenues for other services. There are no assurances that the Company will be able to achieve the level of revenues adequate to generate sufficient cash flow from operations to support the Company’s working capital requirements. To the extent that funds generated are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations.

 

The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

  

As of the filing date, the Coronavirus (“COVID-19”) has caused significant volatility in global markets, including the market price of our securities. The demand for our products and services has decreased and the ability of our customers to make payments for the products and services they purchased has been negatively impacted.

 

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS

 

BASIS OF CONSOLIDATION:

 

The consolidated financial statements include the accounts of Manhattan Scientific, Inc., its wholly owned subsidiary Metallicum. All significant intercompany balances and transactions have been eliminated.

 

USE OF ESTIMATES:

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amount of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. A significant estimate includes the carrying value of the Company’s patents, fair value of the Company’s common stock, assumptions used in calculating the value of stock options, depreciation and amortization.

 

 
8

Table of Contents

   

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

 

CASH CONCENTRATION:

 

The Company’s cash accounts are federally insured up to $250,000 for each financial institution we hold our accounts in. As of September 30, 2020 and December 31, 2019, we had cash balances of $210,000 and $0 exceeding the federally insured limits.

 

PROPERTY AND EQUIPMENT:

 

Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes.

 

INTANGIBLE ASSETS:

 

License Agreements

 

In 2009, the Company entered into a patent license agreement with Los Alamos National Security LLC for the exclusive use of certain technology relating to the manufacture and application of nanostructuring metals and alloys. At September 30, 2020 and December 31, 2019, the license agreements were fully amortized. Beginning in 2010, the Company was required to pay an annual license fee of $10,000 and may be required to pay royalties, as defined, to the licensors.

 

DUE FROM THE SALE OF ASSETS:

 

Non-current assets are classified as held for sale if it is highly probably that they will be recovered primarily through sale rather than through continuing use.

 

Immediately before classification as held for sale, the assets are remeasured at the lower of their carrying amount and fair value less costs to sell.  Any impairment loss on initial classification as held for sale and subsequent gains and losses on re-measurement are recognized in profit or loss.  Gains are not recognized in excess of any cumulative impairment loss.

 

During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018.  During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million.  The Company sold the assets for a total of $1.2 million of which $300,000 was received during the year ended December 31, 2019.  The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1.  During May 2020, the Company received $300,000 and reduced the due from the sale of assets.   As of September 30, 2020, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds. 

 

REVENUE RECOGNITION:

 

The Company recognizes revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which consists of five steps to evaluating contracts with customers for revenue recognition: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation.

 

The Company’s license provides a right to use the technology that creates a performance obligation to satisfy at a point in time.  The Company recorded revenue from the royalty on the anniversary date of the agreement based on the minimum royalty which is the point at which the performance obligation occurs at that point in time.  (See Note 6)

 

The Company generated 100% of the revenue from one customer for the nine months period ended September 30, 2020.

 

 
9

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

     

FAIR VALUE OF FINANCIAL INSTRUMENTS

 

The Company recognized the fair value of financial instruments in accordance with FASB ASC 820, Fair Value Measurements and Disclosures, “Fair Value Measurements”, which provides a framework for measuring fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

 

Level 1 — Quoted prices for identical assets and liabilities in active markets;

Level 2 — Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and

Level 3 — Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

 

The Company designates cash equivalents (consisting of money market funds) and investments in securities of publicly traded companies as Level 1. The total amount of the Company’s investment classified as Level 3 is de minimis. Fair value of financial instruments: The carrying amounts of financial instruments, including short-term investments, accounts payable, accrued expenses and notes payables approximated fair value as of September 30, 2020 and December 31, 2019 because of the relative short term nature of these instruments.

  

Our financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2020 and December 31, 2019, consisted of the following:

 

 

 

Total fair value at   September 30,  2020

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$ 2,936,000

 

 

$ 2,936,000

 

 

$ -

 

 

$ -

 

  

 

 

Total fair value at December 31,

2019

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$ 1,045,000

 

 

$ 1,045,000

 

 

$ -

 

 

$ -

 

 

Investments in equity securities

 

During the year ended December 31, 2017, the Company elected fair value option for its investment in Imagion Biosystems, Inc. a Nevada company (“Imagion”) based on triggering event of dilution of ownership, which lead to the deconsolidation of Imagion. Investments in Imagion are measured at fair value as opposed to equity method based on ASC 825-10. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings.

 

 
10

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

  

FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED)

 

As of September 30, 2020, the Company holds approximately 6% of the total issued and outstanding shares of Imagion and is reported under fair value method under ASC 320.  Management determined that it was appropriate to carry its investment in Imagion at fair value because the investment is traded on the Australian stock exchange and has daily trading activity and is a better indicator of value.  The investments are re-measured at the end of each quarter based on the trading price and converted from AUD to USD.  Any change in the value is reported on the income statement as a realized gain or loss in other income (expense).

 

ACCOUNTING FOR LEASES

 

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) and subsequent amendments to the initial guidance: ASU 2017-13, ASU 2018-10, ASU 2018-11, ASU 2018-20 and ASU 2019-01 (collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The Company early adopted Topic ASC 842 using the effective date of January 1, 2019 as the date of our initial application of the standard. The Company used the new transition election to not restate comparative periods and elected the package of practical expedients upon adoption, which permits the Company to not reassess under the new standard the Company’s prior conclusions about lease identification, lease classification and initial direct costs.  Consequently, financial information for the comparative periods will not be updated.  Upon adoption, there was no material impact to the financial statements.

 

INCOME TAXES

 

The Company accounts for income taxes under an asset and liability approach. This process involves calculating the temporary and permanent differences between the carrying amounts of the assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The temporary differences result in deferred tax assets and liabilities, which would be recorded on the Company’s consolidated balance sheets in accordance with ASC 740, which established financial accounting and reporting standards for the effect of income taxes. The Company must assess the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes that recovery is not likely, the Company must establish a valuation allowance. Changes in the Company’s valuation allowance in a period are recorded through the income tax provision on the consolidated statements of operations.

 

ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax positions taken or expected to be taken on a tax return.

 

Under ASC 740-10, the impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As a result of the implementation of ASC 740-10, the Company recognized no material adjustment in the liability for unrecognized income tax benefits.

 

 
11

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

  

BASIC AND DILUTED EARNINGS (LOSS) PER SHARE

 

In accordance with FASB ASC 260, “Earnings Per Share,” the basic loss per share is computed by dividing the income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period. Basic net loss per share excludes the dilutive effect of stock options or warrants and convertible notes. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of common stock options and warrants. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.  As of September 30, 2020 and 2019, 46,397,917 and 40,105,000, respectively, dilutive shares were excluded from the calculation of diluted loss per common share as of September 30, 2019, as the effect of these shares on earnings per share would have been anti-dilutive; however, dilutive shares were included from the calculation of diluted income common shares for the three months ended September 30, 2020 and 2019 and nine months ended September 30, 2020.

 

The following table shows the computation of basic and diluted earnings (loss) per share for the three- and nine-months periods ended September 30, 2020 and 2019:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,
2020

 

 

September 30,
2019

 

 

September 30,
2020

 

 

September 30,
2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$ 528,000

 

 

$ 1,229,000

 

 

$ 1,557,000

 

 

$ (115,000 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic shares outstanding

 

 

578,433,328

 

 

 

557,781,064

 

 

 

578,000,042

 

 

 

546,528,317

 

Effect of dilutive securities

 

 

18,022,917

 

 

 

40,105,000

 

 

 

18,022,917

 

 

 

-

 

Weighted-average diluted shares

 

 

596,456,245

 

 

 

597,886,064

 

 

 

596,022,959

 

 

 

546,528,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$ 0.00

 

 

$ 0.00

 

 

$ 0.00

 

 

$ (0.00 )

Diluted earnings (loss) per share

 

$ 0.00

 

 

$ 0.00

 

 

$ 0.00

 

 

$ (0.00 )

 

STOCK BASED COMPENSATION

 

In June 2018, FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share Based Payment Accounting.  The amendments in this Update expand the scope of stock compensation to include share-based payment transactions for acquiring goods and services from nonemployees. The guidance in this Update does not apply to transactions involving equity instruments granted to a lender or investor that provides financing to the issuer. The guidance is effective for fiscal years beginning after December 31, 2018 including interim periods within the fiscal year. The Company adopted with an effective date of January 1, 2019.  Upon adoption, there was no material impact to the financial statements. 

 

 
12

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

 

RECENT ACCOUNTING PRONOUNCEMENTS

 

In August 2018, the FASB issued ASU 2018-13, Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement, which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC Topic 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019, with early adoption permitted. Effective January 1, 2020, we adopted ASU 2018-13.  The implementation of this standard did not have any material impact on our consolidated financial statements.

 

In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which address issues identified as a result of the complexity associated with applying generally accepted accounting principles for certain financial instruments with characteristics of liabilities and equity. This amendment is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years.

 

The Company does not expect the adoption of recently issued accounting pronouncements to have a potential impact on the Company’s results of operations, financial position or cash flow.

 

The Company has evaluated all recent accounting pronouncements and none are expected to have a material impact on the condensed consolidated financial statements.

 

NOTE 3 – INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS)

 

As of September 30, 2020, the Company owns 53,516,508 shares of Imagion (1,000,000 restricted shares for prepaid notes interests have not been transferred – see Note 4), resulting in a noncontrolling interest of Imagion’s issued and outstanding common stock. Initially, the Company held approximately 31% of Imagion’s total issued and outstanding common stock and later was decreased to approximately 6%. Based upon Imagion’s trading price on September 30, 2020, approximately $0.055 per share, the fair value of the Imagion shares was approximately $2,936,000.  During the three and nine months ended September 30, 2020, the Company recorded a gain on its investment of $1,966,000 and $2,075,000, receptively.

 

On March 25, 2020, Imagion announced that shareholders will be offered two new shares for every five shares held at March 30, 2020. With each new share, shareholders will receive a free attaching new option. The new option will have an exercise price of 3 cents (Australian currency) and term of three years. The offer closed on April 20, 2020. The Company had the right to buy 22,606,603 new shares of Imagion and the market value at March 31, 2020 is $13,813.  The Company elected not to purchase additional shares of Imagion and the option expired in April 2020.

 

During the nine months ended September 30, 2020, the Company sold 7,000,000 shares of Imagion and received cash proceeds of $184,000.

 

Below is reconciliation for the changes to the investment in Imagion for the nine months ended September 30, 2020:

 

Balance as of December 31, 2019

 

$ 1,045,000

 

Change due to the sale of securities

 

 

(184,000 )

Change in the fair value of securities

 

 

2,075,000

 

Balance as of September 30, 2020

 

$ 2,936,000

 

 

 
13

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

 

NOTE 4 – NOTES PAYABLE

 

On October 17, 2019, The Company executed a secured note with a related party for $100,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.015 per share with 2 million shares of IBX common stock. The amortization of debt discount for the nine months ended September 30, 2020 was $13,000.

 

On October 17, 2019, The Company executed a secured note with an individual for $50,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.015 per share with 1 million shares of IBX common stock. The amortization of debt discount for the nine months ended September 30, 2020 was $6,000.

 

Notes payable

 

$ 150,000

 

Less: Discounts on notes payable

 

 

(53,000 )

Notes payable, net of discounts

 

$ 97,000

 

 

NOTE 5 – OPTIONS AND WARRANTS

 

A summary of the Company’s stock option activity and related information is as follows:

 

 

 

Number of

Options

 

 

Exercise Price Per Share

 

 

Weighted Average Exercise Price

 

 

Number of Options Exercisable

 

Outstanding as of December 31, 2019

 

 

22,075,000

 

 

$ 0.07

 

 

$ .07

 

 

 

22,075,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding as of September 30, 2020

 

 

22,075,000

 

 

$ 0.07

 

 

$ 0.07

 

 

 

22,075,000

 

 

Exercise prices and weighted-average contractual lives of 22,075,000 stock options outstanding as of June 30, 2020 are as follows:

 

 

 

 

 

 

 

Options Outstanding and Exercisable

 

Exercise Price

 

 

Number

Outstanding

 

 

Weighted Average Remaining Contractual Life

 

 

Number

Exercisable

 

$ 0.05

 

 

 

3,000,000

 

 

 

4.75

 

 

 

3,000,000

 

$ 0.06

 

 

 

6,000,000

 

 

 

4.12

 

 

 

6,000,000

 

$ 0.07

 

 

 

9,000,000

 

 

 

0.64

 

 

 

9,000,000

 

$ 0.08

 

 

 

575,000

 

 

 

0.19

 

 

 

575,000

 

$ 0.14

 

 

 

3,000,000

 

 

 

3.75

 

 

 

3,000,000

 

$ 0.02

 

 

 

500,000

 

 

 

3.75

 

 

 

500,000

 

 

The fair value for options granted were determined using the Black-Scholes option-pricing model.

 

 
14

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

 

Warrants:

 

The Company issued the following warrants at the corresponding weighted average exercise price as of September 30, 2020.

 

 

 

Number of

Warrants

 

 

Exercise Price

Per Share

 

 

Weighted Average Exercise Price

 

 

Number of Warrants Exercisable

 

Outstanding as of December 31, 2019

 

 

9,700,000

 

 

$ 0.07

 

 

$ 0.07

 

 

 

9,700,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(3,400,000 )

 

 

0.12

 

 

 

0.12

 

 

 

(3,400,000 )

Outstanding as of September 30, 2020

 

 

6,300,000

 

 

$ 0.05

 

 

$ 0.05

 

 

 

6,300,000

 

 

Grant date

 

Number of

Warrants

 

 

Exercise Price

 

 

Contractual Life Remaining

 

Number of Shares Exercisable

 

April 2012

 

 

6,000,000

 

 

$ 0.05

 

 

0.07 years

 

 

6,000,000

 

October 2015

 

 

300,000

 

 

$ 0.05

 

 

0.01 years

 

 

300,000

 

 

 

 

6,300,000

 

 

 

 

 

 

 

 

 

6,300,000

 

 

The fair value for warrants granted were determined using the Black-Scholes option-pricing model.

 

NOTE 6 – LICENSE AGREEMENT

 

On May 1, 2019, the Company, entered into an agreement with a non-affiliated third party (“Third Party”), providing for an exclusive license by the Company of its ECAP technology to the Third Party for a term of 17 years unless terminated sooner, a sublicense by the Company to the Third Party of its rights under that certain Exclusive Field-of-Use Patent License Agreement dated January 5, 2009 entered with The Los Alamos National Laboratory for a term until the expiration of the last valid claim to expire of the patents pursuant to such agreement and the sale by the Company of ECAP-C machines to the Third party.  As part of the above license agreements, the Company will receive royalty payments, including minimum payments, based on a percentage of the Third Party’s sales.  Royalties will be 10% on gross sales of licensed dental products and average of 5% on all other sales of licensed products.

   

During the nine months ended September 30, 2020, the Company received $50,000 as a royalty payment.  The Company received the revenue for the continued use of the license and was recorded at the point in time the performance obligation was met.

 

 

15

Table of Contents

 

MANHATTAN SCIENTIFICS, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020

(UNAUDITED)

 

NOTE 7 – COMMITMENTS AND CONTINGENCIES

 

Legal matter contingencies

 

The Company believes, based on current knowledge and after consultation with counsel, that it is not currently party to any material pending proceedings, individually or in the aggregate, the resolution of which would have a material effect on the Company.  Provisions for losses are established in accordance with ASC 450, “Contingencies” when warranted.  Once established, such provisions are adjusted when there is more information available of when an event occurs requiring a change.

 

Lease

 

The Company leases a facility with terms of month to month for its headquarters and had a lease on a facility through April 2021. During the year ended December 31, 2019, the lease was assigned to a third party entity. The lease could be cancelled at any time with three months written notice before April 2021, the anniversary date of the lease. The Company adopted ASC 842 on January 1, 2019 and which had no impact on the financial statements as under the practical expedient the leases consist of terms less than one year, and therefore is not required to be capitalized.

 

NOTE 8 – RELATED PARTY TRANSACTIONS

 

As of September 30, 2020 and December 31, 2019, the Company had accrued expenses to related parties of approximately $790,000 and $583,750. During the nine months ended September 30, 2020, the Company reclassified $1,276,000 from accrued expenses related party to accrued expenses after the Company reevaluated its related party transactions.  The individual has the right to settle the liability by receiving common stock or options at their discretion.

 

On October 17, 2019, we executed a secured note with our only independent director for $100,000 and a secured note with an unrelated party for $50,000 on the same terms. The secured notes are due on October 17, 2022. The Company agreed that the notes bear interest at 10% per annum, to be paid in advance with shares of IBX common stock, calculated at $0.015 per share or 3,000,000 shares of IBX.

 

As of September 30, 2020, the amounts are due to the Company’s sole officer for compensation $214,000 and the chairman of the board for compensation of $528,000 and the members of the board of directors of $48,000. 

 

NOTE 9 – STOCKHOLDERS’ EQUITY (DEFICIT)

 

On August 21, 2020, the Company entered into an agreement with a non-affiliated third party (“Third Party”), providing for legal services. The Company agreed to issue 1,500,000 common shares valued at $23,850 and a $2,500 flat monthly fee. The shares were valued based on the market price of the Company’s common shares of $0.016 on the grant date. The shares were considered owed as a common stock payable as of September 30, 2020. As the date of filing, the shares have not been issued but have been included in determining the weighted average share calculation and the earnings per share.

  

NOTE 10 – SUBSEQUENT EVENTS

 

In accordance with ASC 855-10, the Company has analyzed its operations subsequent to September 30, 2020 to the date these financial statements were issued, and there were no other material subsequent events to disclose in these financial statements, except as noted.

 

 
16

Table of Contents

  

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

 

Forward Looking Statements

 

This Form 10-Q contains “forward-looking” statements including statements regarding our expectations of our future operations. For this purpose, any statements contained in this Form 10-Q that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” or “continue” or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within our control. These factors include, but are not limited to, economic conditions generally and in the industries in which we may participate. In addition, these forward-looking statements are subject, among other things, to our successful completion of the research and development of our technologies; successful commercialization of our technologies; successful protection of our patents; and effective significant industry competition from various entities whose research and development, financial, sales and marketing and other capabilities far exceeds ours. In light of these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Except as required by law, we undertake no obligation to announce publicly revisions we make to these forward-looking statements to reflect the effect of events or circumstances that may arise after the date of this report.

 

OVERVIEW

 

Manhattan Scientifics, Inc. (the “Company” or “Manhattan Scientifics”), a Delaware corporation, was established on July 31, 1992 and has one operating wholly-owned subsidiary: Metallicum, Inc., (“Metallicum”). Manhattan Scientifics is focused on technology transfer and commercialization of these transformative technologies. 

 

The Company operates as a technology incubator that seeks to acquire, develop and commercialize life-enhancing technologies in various fields, with emphasis in the areas of nanotechnology. Nanotechnology is the use and manipulation of matter on an atomic and molecular scale. To achieve this goal, the Company is actively seeking to identify emerging technologies through strategic alliances with scientific laboratories, educational institutions, scientists and leaders in industry and government. The Company and its executives have a long-standing relationship with Los Alamos Laboratories in New Mexico.

 

Metallicum

 

In June 2008, we acquired Metallicum and its licensed patented technology. We entered into a stock purchase agreement with Metallicum to acquire all of the outstanding capital in exchange for 15,000,000 restricted shares of our common stock. An additional 15,000,000 shares of our common stock will be payable to Metallicum in the event of meeting certain milestones. At December 31, 2011, one milestone was met. Metallicum was granted an exclusive license by The Los Alamos National Laboratory on patents related to nanostructured metals. In September 2009, we entered into a technology transfer agreement and sale with Carpenter Technology Corporation, (“Carpenter”) wherein Carpenter was to fully develop, manufacture and market a new class of high strength metals. On February 11, 2015, the Company and Carpenter entered into a Settlement Agreement and Mutual Release pursuant to which the parties provided a full release of one another, Carpenter paid the Company $8,000,000, Carpenter transferred to the Company all intellectual and physical property that was part of the original agreement, Carpenter agreed to provide follow-on technical assistance and Carpenter provided a list of all customers and contacts.

 

On May 1, 2019, Manhattan Scientifics, Inc., a Delaware corporation (the “Company”), and Metallicum, Inc., a wholly-owned subsidiary of the Company, entered into an Overarching Agreement with a non-affiliated third party (“Third Party”), providing for an exclusive license by the Company of its ECAP technology to the Third Party for a term of 17 years unless terminated sooner, a sublicense by the Company to the Third Party of its rights under that certain Exclusive Field-of-Use Patent License Agreement dated January 5, 2009 entered with The Los Alamos National Laboratory for a term until the expiration of the last valid claim to expire of the patents pursuant to such agreement and the sale by the Company of ECAP-C machines to the Third party. As part of the above license agreements, the Company will receive royalty payments, including minimum payments, based on a percentage of the Third Party’s sales. The Company anticipates royalty income as the nanotitanium is commercialized for use in medial prosthetics. Royalties will be 10% on sales of licensed dental products and an average of 5% in all other sales of licensed products. We expect to start earing royalties in 2021.

 

 
17

Table of Contents

 

Imagion

 

On May 31, 2011, we entered into an Agreement and Plan of Reorganization to acquire Senior Scientific. The total purchase price was 21,668,000 restricted shares of our common stock (less 7,667,000 shares previously issued pursuant to an option agreement). As a result of this acquisition, Senior Scientific owned patented technologies that can use biosafe nanoparticles and sensitive magnetic sensors to detect and measure cancer cells in biopsies or in the human body with the potential to transform how cancer is detected and treated. On November 17, 2016, Senior Scientific merged with and into Imagion, a Nevada company. Following the merger, Imagion held all of the liabilities, obligations and assets of Senior Scientific and the Company continued as the sole equity holder of Imagion. On November 29, 2016, the Company announced a plan to have Imagion pursue an IPO and listing on the Australian Stock Exchange (ASX).

 

As of September 30, 2020, Manhattan Scientifics presently owns 53,516,508 shares of Imagion, with a fair market value of approximately $2,936,000, based upon the closing price per share of Imagion common stock on the Australian Stock Exchange. The Company accounts for its investment in Imagion in accordance with ASC 825-10 and elected fair value option. We initially held 31% of the total issued and outstanding shares of Imagion and had one seat on the Board of Directors of Imagion. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings. As of September 30, 2020, we hold approximately 6% of the total issued and outstanding shares of Imagion and no longer have a seat on the Board of Directors of Imagion.

 

Novint

 

We made an investment in Novint Technologies Inc. (“Novint”) in 2001. Novint is currently engaged in the development and sale of 3D haptics products and equipment. Haptics refers to one’s sense of touch and Novint’s focus is in the consumer interactive computer gaming market. The Company owns 1,028,425 shares of Novint’s common stock. The fair value of the Novint shares are not recorded on the balance sheet as of September 30, 2020.

 

RESULTS OF OPERATIONS

 

THREE MONTHS ENDED SEPTEMBER 30, 2020 COMPARED TO THREE MONTHS ENDED SEPTEMBER 30, 2019

 

GENERAL AND ADMINISTRATIVE. General and administrative expenses consist of consultants, contractors, accounting, legal, travel, rent, telephone and other day-to-day operating expenses. General and administrative expenses were $196,000 for the three months ended September 30, 2020 compared with $187,000 for the three months ended September 30, 2019. The primary increase in general and administrative expenses was the result of the increase in stock-based compensation for legal expenses.

 

RESEARCH AND DEVELOPMENT. Research and development costs were $3,000 for the three months ended September 30, 2020 compared with $3,000 for the three months ended September 30, 2019.

 

OTHER INCOME (EXPENSES). Total other income for the three months ended September 30, 2020 totaled $1,960,000 compared to the expenses of $1,397,000 for the three months ended September 30, 2019. This is primarily attributable to the increase in the gain on fair value adjustments of its investment in Imagion during the period offset by an increase in interest expense.

 

NET INCOME (LOSS). During the three months ended September 30, 2020, the Company had net income of $1,761,000, compared to a net income of $1,229,000 for the three months ended September 30, 2019. This is primarily attributable to the gain on fair value adjustment of investment, partially offset by a decrease in revenue and an increase in general and administrative expenses.

 

NINE MONTHS ENDED SEPTEMBER 30, 2020 COMPARED TO NINE MONTHS ENDED SEPTEMBER 30, 2019

 

GENERAL AND ADMINISTRATIVE. General and administrative expenses consist of consultants, contractors, accounting, legal, travel, rent, telephone and other day-to-day operating expenses. General and administrative expenses were $541,000 for the nine months ended September 30, 2020 compared with $945,000 for the nine months ended September 30, 2019. The primary decrease in general and administrative expenses was the result of the decrease in stock-based compensation and legal expenses.

 

 
18

Table of Contents

 

RESEARCH AND DEVELOPMENT. Research and development costs were $8,000 for the nine months ended September 30, 2020 compared with $6,000 for the nine months ended September 30, 2019.

 

OTHER INCOME (EXPENSES). Total other income for the nine months ended September 30, 2020 totaled $2,056,000 compared to the other income of $764,000 for the nine months ended September 30, 2019. This is primarily attributable to the gain on fair value adjustments of its investment in Imagion during the period that is partially offset in part by an increase in interest expense.

 

NET INCOME (LOSS). During the nine months ended September 30, 2020, the Company had a net income of $1,557,000, compared to the net loss of $115,000 for the nine months ended September 30, 2019. This is primarily attributable to the gain on fair value adjustment of investments and a decrease in general and administrative expenses, offset in part by a decrease in revenues and an increase in interest expense.

 

LIQUIDITY AND CAPITAL RESOURCES

 

Stockholders’ equity totaled $576,000 on September 30, 2020 and the working capital deficit was $1,513,000 on such date. We had an increase of $213,000 in cash and cash equivalents for the nine months ended September 30, 2020.

 

Based upon current projections, our principal cash requirements for the next 12 months consists of (1) fixed expenses, including payroll, and professional services and (2) variable expenses, including technology research and development, milestone payments and intellectual property protection, and additional scientific consultants. As of September 30, 2020, we had $474,000 in cash. We believe our current cash position may not sufficient to maintain our operations for the next twelve months. Accordingly, we may need to engage in equity or debt financings to secure additional funds. If we raise additional funds through future issuances of equity or convertible debt securities, our existing stockholders could suffer significant dilution, and any new equity securities we issue could have rights, preferences and privileges superior to those of holders of our common stock. Any debt financing that we secure in the future could involve restrictive covenants relating to our capital raising activities and other financial and operational matters, which may make it more difficult for us to obtain additional capital and to pursue business opportunities, including potential acquisitions. We may not be able to obtain additional financing on terms favorable to us, if at all. If we are unable to obtain adequate financing or financing on terms satisfactory to us when we require it, our ability to continue to support our business growth and to respond to business challenges could be impaired, and our business may be harmed.

 

On October 17, 2019, we executed a secured note with our only independent director for $100,000 and a secured note with an unrelated party for $50,000. The secured notes are due on October 17, 2022. The Company agreed that the notes bear interest at 10% per annum, to be paid in advance with shares of Imagion Biosystems Limited common stock (“IBX”), calculated at $0.015 per share or 3,000,000 shares of IBX. We currently do not plan any further sale of transfer of IBX common stock to raise funds for operations. To fund operations, we plan on relying on payments of $600,000, to be collected during the next two years in equal increments from the sale of assets in 2019 and future royalties from the Metallicum license.

 

CASH FLOW INFORMATION

 

The Company had cash and cash equivalents of approximately $474,000 and $261,000 at September 30, 2020 and December 31, 2019, respectively. This represents an increase in cash of $213,000.

 

OPERATING ACTIVITIES

 

The Company used approximately $267,000 of cash for operating activities in the nine months ended September 30, 2020 as compared to using $243,000 of cash for operating activities in the nine months ended September 30, 2020. The reason for the increase in cash used for operating activities is a lower increase in current liabilities partially offset by a lower net loss after adjustment for non-cash items.

 

INVESTING ACTIVITIES

 

The Company received approximately $480,000 of cash for investing activities in the nine months ended September 30, 2020 as compared to receiving $300,000 of cash for investing activities in the nine months ended September 30, 2019. This increase in cash received in investing activities, is primarily attributed to proceeds from sale of investment of Imagion Biosystems shares.

 

FINANCING ACTIVITIES

 

During the nine months ended September 30, 2020 and 2019, the Company had no financing activities.

 

 
19

Table of Contents

 

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

 

Our discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America.

 

Use of Estimates

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amount of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. A significant estimate includes the carrying value of our patents, fair value of our common stock, assumptions used in calculating the value of stock options, depreciation and amortization.

 

Investment in Equity Securities:

 

During the year ended December 31, 2017, the Company elected fair value option for its investment in Imagion Biosystems, Inc. a Nevada company (“Imagion”) based on triggering event of dilution of ownership, which lead to the deconsolidation of Imagion. Investments in Imagion are measured at fair value as opposed to equity method based on ASC 825-10. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings. 

 

As of September 30, 2020, the Company holds approximately 6% of the total issued and outstanding shares of Imagion and is reported under fair value method under ASC 320. Management determined that it was appropriate to carry its investment in Imagion at fair value because the investment is traded on the Australian stock exchange and has daily trading activity and is a better indicator of value. The investments are re-measured at the end of each quarter based on the trading price and converted from AUD to USD. Any change in the value is reported on the income statement as an unrealized gain or loss.

 

Property and equipment:

 

Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes.

 

Intangible Assets:

 

In 2009, the Company entered into a patent license agreement with Los Alamos National Security LLC for the exclusive use of certain technology relating to the manufacture and application of nanostructuring metals and alloys. The value attributable to license agreements is being amortized over the period of its estimated benefit period of 10 years. Under the terms of the agreement the Company is required to pay an annual license fee of $10,000 and, may be required to pay royalties, as defined, to the licensors.

 

Due from the Sale of Assets:

 

Non-current assets are classified as held for sale if it is highly probably that they will be recovered primarily through sale rather than through continuing use.

 

Immediately before classification as held for sale, the assets are remeasured at the lower of their carrying amount and fair value less costs to sell. Any impairment loss on initial classification as held for sale and subsequent gains and losses on reameasurement are recognized in profit or loss. Gains are not recognized in excess of any cumulative impairment loss.

 

During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018. During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million. On May 1, 2020, the Company received $300,000 for sale of assets for a total of $1.2 million during the year ended December 31, 2019. The remaining $600,000 will be collected during the next two years in equal increments on the anniversary date of the agreement, May 1. As of September 30, 2020, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds.

 

 
20

Table of Contents

 

Revenue Recognition:

 

The Company recognizes revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which consists of five steps to evaluating contracts with customers for revenue recognition: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation.

 

Revenue recognition occurs at the time we satisfy a performance obligation to our customers, when control transfers to customers, provided there are no material remaining performance obligations required of the Company or any matters of customer acceptance. We only record revenue when collectability is reasonably assured.

 

The Company’s license provides a right to use the technology that creates a performance obligation to satisfy at a point in time. The Company recorded revenue from the royalty on the anniversary date of the agreement based on the minimum royalty which is the point at which the performance obligation occurs at that point in time.

 

Accounting for Leases:

 

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) and subsequent amendments to the initial guidance: ASU 2017-13, ASU 2018-10, ASU 2018-11, ASU 2018-20 and ASU 2019-01 (collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The Company early adopted Topic ASC 842 using the effective date of January 1, 2019 as the date of our initial application of the standard. The Company used the new transition election to not restate comparative periods and elected the package of practical expedients upon adoption, which permits the Company to not reassess under the new standard the Company’s prior conclusions about lease identification, lease classification and initial direct costs. Consequently, financial information for the comparative periods will not be updated. Upon adoption, there was no material impact to the financial statements.

 

Stock Based Compensation:

 

In June 2018, FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718),Improvements to Nonemployee Share Based Payment Accounting. The amendments in this Update expand the scope of stock compensation to include share-based payment transactions for acquiring goods and services from nonemployees. The guidance in this Update does not apply to transactions involving equity instruments granted to a lender or investor that provides financing to the issuer. The guidance is effective for fiscal years beginning after December 31, 2018 including interim periods within the fiscal year. The Company adopted with an effective date of January 1, 2019. Upon adoption, there was no material impact to the financial statements.

 

Fair Value Measurements:

 

The Company recognized the fair value of financial instruments in accordance with FASB ASC 820, Fair Value Measurements and Disclosures, “Fair Value Measurements”, which provides a framework for measuring fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

 

Level 1 — Quoted prices for identical assets and liabilities in active markets;

 

Level 2 — Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and

 

Level 3 — Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

 

 
21

Table of Contents

 

Basic and Diluted Loss Per Share:

 

In accordance with FASB ASC 260, “Earnings Per Share,” the basic loss per share is computed by dividing the loss attributable to common stockholders by the weighted average number of common shares outstanding during the period. Basic net loss per share excludes the dilutive effect of stock options or warrants and convertible notes. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of common stock options and warrants. As of September 30, 2020 and 2019, 46,397,917 and 40,105,000, respectively, dilutive shares were excluded from the calculation of diluted loss per common share as the effect of these shares on earnings per share would have been anti-dilutive; however, dilutive shares were included from the calculation of diluted income common shares for the three months ended September 30, 2020 and 2019, and nine months ended September 30, 2020. 

 

OFF BALANCE SHEET ARRANGEMENTS

 

We have not entered into any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations liquidity, capital expenditures or capital resources and would be considered material to investors.

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 

As a smaller reporting company, we are not required to include disclosure under this item. 

 

 
22

Table of Contents

 

ITEM 4. CONTROLS AND PROCEDURES

 

(a) Evaluation of Disclosure Controls and Procedures

 

We conducted an evaluation under the supervision and with the participation of our management, of the effectiveness of the design and operation of our disclosure controls and procedures. The term “disclosure controls and procedures,” as defined in Rules 13a-15(e) and 15d-15(e) under the Securities and Exchange Act of 1934, as amended (“Exchange Act”), means controls and other procedures of a company that are designed to ensure that information required to be disclosed by the company in the reports it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures also include, without limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to the company's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure. Based on this evaluation, our principal executive and principal financial officers concluded as of September 30, 2020 that our disclosure controls and procedures were not effective at the reasonable assurance level due to the material weaknesses in our internal controls over financial reporting discussed immediately below.

 

Identified Material Weakness

 

A material weakness in our internal control over financial reporting is a control deficiency, or combination of control deficiencies, that results in more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected.

 

Management identified the following material weakness during its assessment of internal controls over financial reporting:

 

Resources: We had one full-time employee in general management and no full-time employees with the requisite expertise in the key functional areas of finance and accounting. As a result, there is a lack of proper segregation of duties necessary to insure that all transactions are accounted for accurately and in a timely manner.

 

Written Policies & Procedures: We need to prepare written policies and procedures for accounting and financial reporting to establish a formal process to close our books monthly on an accrual basis and account for all transactions, including equity transactions, and prepare, review and submit SEC filings in a timely manner.

 

Audit Committee: We do not have, and are not required, to have an audit committee. An audit committee would improve oversight in the establishment and monitoring of required internal controls and procedures.

 

(b) Changes In Internal Control Over Financial Reporting

 

During the quarter ended September 30, 2020, the Company prepared written policies and procedures for accounting and financial reporting to establish a formal process to close our books monthly on an accrual basis and account for all transactions, including equity transactions. There were no other changes in our internal controls over financial reporting during this fiscal quarter that materially affected, or is reasonably likely to have a materially affect, on our internal control over financial reporting.

 

 
23

Table of Contents

 

PART II – OTHER INFORMATION

 

ITEM 1. LEGAL PROCEEDINGS

 

We are subject from time to time to litigation, claims and suits arising in the ordinary course of business. As of September 30, 2020, we were not a party to any material litigation, claim or suite whose outcome could have a material effect on our financial statements.

 

ITEM 1A. RISK FACTORS

 

An investment in our Common Stock involves a high degree of risk. If you decide to buy our securities, you should be able to afford a complete loss of your investment.

 

WE MAY NOT BE ABLE TO SUCCESSFULLY DEVELOP AND COMMERCIALIZE OUR NEW TECHNOLOGIES WHICH WOULD RESULT IN CONTINUED LOSSES.

 

We are currently developing new technologies and a commercial product. We have generated our first revenues but we are unable to project when we will again generate significant revenue or achieve regular profitability, if at all. As is the case with any new technology, we expect the development process to continue. We cannot assure that our resources will be able to develop and commercialize our technology fast enough to meet market requirements. We can also not assure that our technology will gain market acceptance and that we will be able to overcome obstacles, such as potential FDA approvals. The failure to successfully develop and commercialize the technologies would result in continued losses and may require us to curtail operations.

 

THE SUCCESS OF OUR BUSINESS MAY REQUIRE CONTINUED FUNDING. IF WE CANNOT RAISE THE MONEY WE NEED TO SUPPORT OUR OPERATIONS UNTIL WE EARN SIGNIFICANT REVENUES, WE MAY BE REQUIRED TO CURTAIL OR TO CEASE OUR OPERATIONS AND YOU COULD LOSE YOUR ENTIRE INVESTMENT.

 

Our ability to develop our business depends upon our receipt of money to continue our operations while we introduce our products and a market for them develops. If this funding is not received as needed, it is unlikely that we could continue our business, in which case you would lose your entire investment. Our ability to access the capital markets has been hindered generally by the general difficult economic climate, beginning in 2008, for small technology concept companies, without significant revenues or earnings.

 

To the extent that we need additional funding, we cannot assure you that such financing will be available to us when needed, on commercially reasonable terms, or at all. If we are unable to obtain additional financing, we may be required to curtail the commercialization of our products and possibly cease our operations.

 

OUR ABILITY TO EFFECTUATE OUR BUSINESS MODEL MAY BE LIMITED, WHICH WOULD ADVERSELY EFFECT OUR BUSINESS AND FINANCIAL CONDITIONS.

 

Our future performance will depend to a substantial degree upon our ability to effectuate and generate revenues from our licensing and royalty business model. As a result, we may continue to incur substantial operating losses until such time as we are able to generate revenues from the sale or license of our products. There can be no assurance that businesses and customers will adopt our technology and products, or that businesses and prospective customers will agree to pay for or license our products. In the event that we are not able to significantly increase the number of customers that purchase or license our products, or if we are unable to charge the necessary prices or license fees, our financial condition and results of operations will be materially and adversely affected.

 

 
24

Table of Contents

 

WE MAY FACE STRONG COMPETITION FROM LARGER, ESTABLISHED COMPANIES.

 

We likely will face intense competition from other companies, both globally and within the United States, in the development of our cancer detection technology and nano-metal technologies, virtually all of which can be expected to have longer operating histories, greater name recognition, larger installed customer bases and significantly more financial resources and research and development facilities than Manhattan Scientifics. There can be no assurance that developments by our current or potential competitors will not render our proposed products obsolete.

 

WE MAY NOT BE ABLE TO ADEQUATELY PROTECT OUR INTELLECTUAL PROPERTY OR WE COULD BECOME INVOLVED IN LITIGATION WITH OTHERS REGARDING OUR INTELLECTUAL PROPERTY. EITHER OF THESE EVENTS COULD HAVE A MATERIAL ADVERSE EFFECT ON OUR BUSINESS.

 

We rely on a combination of intellectual property law, nondisclosure, trade secret and other contractual and technical measures to protect our proprietary right. Our success will depend, in part, on our technology’s commercial viability and on the strength of our intellectual property rights. However, we cannot assure you that these provisions will be adequate to protect our intellectual property. In addition, the laws of certain foreign countries do not protect intellectual property rights to the same extent as the laws of the United States.

 

Although we believe that our intellectual property does not infringe upon the proprietary rights of third parties, competitors may claim that we have infringed on their products.

 

We could incur substantial costs in defending ourselves in suits brought against us for alleged infringement of another party’s intellectual property rights as well as in enforcing our rights against others, and if we are found to infringe, the manufacture, sale and use of our or our customers’ or partners’ products could be enjoined. Any claims against us, with or without merit, would likely be time-consuming, requiring our management team to dedicate substantial time to addressing the issues presented. Furthermore, the parties bringing claims may have greater resources than we do.

 

OUR MANAGEMENT IS ABLE TO EXERCISE SIGNIFICANT INFLUENCE OVER ALL MATTERS REQUIRING SHAREHOLDER APPROVAL.

 

Our existing directors and executive officers are the beneficial owners of approximately 25% of the outstanding shares of common stock, excluding stock options and warrants. As a result, our existing directors, executive officers, principal shareholders and their respective affiliates, if acting together, would be able to exercise significant influence over all matters requiring shareholder approval, including the election of directors and the approval of significant corporate transactions. Such concentration of ownership may also have the effect of delaying or preventing a change in control of our company.

 

THE TRADING PRICE OF OUR COMMON STOCK MAY DECREASE DUE TO FACTORS BEYOND OUR CONTROL.

 

The trading price of our common stock is subject to significant fluctuations in response to numerous factors, including without limitation:

 

 

variations in anticipated or actual results of operations;

 

 

 

 

announcements of new products or technological innovations by us or our competitors;

 

 

 

 

changes in earnings estimates of operational results by analysts;

 

 

 

 

inability of market makers to combat short positions on the stock;

 

 

 

 

an overall downturn in the financial markets and stock markets;

 

 

 

 

the use of stock to pay employees and consultants if sufficient working capital is not available;

 

 

 

 

inability of the market to absorb large blocks of stock sold into the market; and

 

 

 

 

developments or disputes concerning our intellectual property.

 

 
25

Table of Contents

 

Moreover, the stock market from time-to-time has experienced extreme price and volume fluctuations, which have particularly affected the market prices for small technology companies without significant revenues. These broad market fluctuations may adversely affect the market price of our Common Stock. If our shareholders sell substantial amounts of their common stock in the public market, the price of our common stock could fall. These sales also might make it more difficult for us to sell equity or equity-related securities in the future at a price we deem appropriate.

 

WE HAVE NOT PAID CASH DIVIDENDS AND IT IS UNLIKELY THAT WE WILL PAY CASH DIVIDENDS IN THE FORESEEABLE FUTURE.

 

We plan to use all of our earnings, to the extent we have significant earnings, to fund our operations. We do not plan to pay any cash dividends in the foreseeable future. We cannot guarantee that we will, at any time, generate sufficient surplus cash that would be available for distribution as a dividend to the holders of our Common Stock. You should not expect to receive cash dividends on our Common Stock.

 

WE MAY NOT HAVE SUFFICIENT CAPITAL TO RUN OUR OPERATIONS.

 

If we are unable to obtain further financing, it may jeopardize our ability to continue our operations. To the extent that additional capital is raised through the sale of equity and/or convertible debt securities, the issuance of such securities could result in dilution to our shareholders and/or increased debt service commitments. If adequate funds are not available, we may be unable to sufficiently develop or maintain our existing operations.

 

WE HAVE THE ABILITY TO ISSUE ADDITIONAL SHARES OF OUR COMMON STOCK WITHOUT ASKING FOR SHAREHOLDER APPROVAL, WHICH COULD CAUSE YOUR INVESTMENT TO BE DILUTED.

 

Our Certificate of Incorporation currently authorizes the Board of Directors to issue up to 950,000,000 shares of Common Stock and 1,000,000 shares of Preferred Stock. The power of the Board of Directors to issue shares of Common Stock or warrants or options to purchase shares of Common Stock is generally not subject to shareholder approval. Accordingly, any additional issuance of our Common Stock may have the effect of further diluting your investment.

 

We require substantial working capital to fund our business. If we raise additional funds through the issuance of equity, equity-related or convertible debt securities, those securities may have rights, preferences or privileges senior to those of the holders of our Common Stock. The issuance of additional Common Stock or securities convertible into Common Stock by our management will also have the effect of further diluting the proportionate equity interest and voting power of holders of our Common Stock.

 

LIMITED PUBLIC MARKET FOR OUR COMMON STOCK MAY AFFECT OUR SHAREHOLDERS' ABILITY TO SELL OUR COMMON STOCK.

 

Our Common Stock currently is quoted on the OTCQB operated by OTC Markets, which is generally considered to be a less efficient market than national exchanges. Consequently, the liquidity of our securities could be impaired, not only in the number of securities which could be bought and sold, but also through SEC regulations, delays in the timing of transactions, difficulties in obtaining price quotations, reduction in security analysts' and the new media's coverage of us, if any, and lower prices for our securities than might otherwise be attained. This circumstance could have an adverse effect on the ability of an investor to sell any shares of our common stock as well as on the selling price for such shares. In addition, the market price of our common stock may be significantly affected by various additional factors, including, but not limited to, our business performance, industry dynamics or changes in general economic conditions.

 

 
26

Table of Contents

 

APPLICABILITY OF "PENNY STOCK RULES" TO BROKER-DEALER SALES OF OUR COMMON STOCK COULD HAVE A NEGATIVE EFFECT ON THE LIQUIDITY AND MARKET PRICE OF OUR COMMON STOCK.

 

A penny stock is generally a stock that is not listed on national securities exchange and is quoted on the "pink sheets" or on the OTC Bulletin Board, has a price per share of less than $5.00 and is issued by a company with net tangible assets less than $5 million.

 

The penny stock trading rules impose additional duties and responsibilities upon broker-dealers and salespersons effecting purchase and sale transactions in Common Stock and other equity securities, including determination of the purchaser's investment suitability, delivery of certain information and disclosures to the purchaser, and receipt of a specific purchase agreement before effecting the purchase transaction.

 

Many broker-dealers will not affect transactions in penny stocks, except on an unsolicited basis, in order to avoid compliance with the penny stock trading rules. When our Common Stock is subject to the penny stock trading rules, such rules may materially limit or restrict the ability to resell our Common Stock, and the liquidity typically associated with other publicly traded equity securities may not exist.

 

WE ARE EVALUATING THE EFFECTS OF COVID-19 ON OUR BUSINESS OPERATIONS.

 

While the complete impact on our business from the recent outbreak of the COVID-19 coronavirus is unknown at this time and difficult to predict, various aspects of our business are being adversely affected by it and may continue to be adversely affected.

 

As of the date hereof, COVID-19 has been declared a pandemic by the World Health Organization, has been declared a National Emergency by the United States Government and has resulted in several states being designated disaster zones. COVID-19 coronavirus caused significant volatility in global markets, including the market price of our securities. The spread of COVID-19 coronavirus has caused public health officials to recommend precautions to mitigate the spread of the virus, especially as to travel and congregating in large numbers. In addition, certain states and municipalities have enacted, and additional cities are considering, quarantining and “shelter-in-place” regulations which severely limit the ability of people to move and travel, and require non-essential businesses and organizations to close.

 

Thus far, these restrictions have adversely affected our business, results of operations and financial condition. It is unclear how such restrictions, should they continue for an extended period, which will contribute to a general slowdown in the global economy, will affect our business, results of operations, financial condition, and our future strategic plans.

 

To date, the demand for our products and services has decreased and the ability of our customers to make payment for the products and services they purchased has been negatively impacted. It is unclear how a prolonged outbreak with travel, commercial and other similar restrictions, may adversely affect our business operations and the business operations of our customers and suppliers. However, we anticipate a prolonged period will have a negative effect on our business operations.

 

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

 

None.

 

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

 

None.

 

ITEM 4. MINE SAFETY DISCLOSURES

 

Not applicable.

 

ITEM 5. OTHER INFORMATION

 

Not applicable.

 

 
27

Table of Contents

 

ITEM 6. EXHIBITS

 

Index to Exhibits

 

31.1

 

Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

 

 

 

32.1

 

Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

 

 

EX-101.INS**

 

XBRL Instance Document

 

 

 

EX-101.SCH**

 

XBRL Taxonomy Extension Schema Document

 

 

 

EX-101.CAL**

 

XBRL Taxonomy Extension Calculation Linkbase

 

 

 

EX-101.DEF**

 

XBRL Taxonomy Extension Definition Linkbase

 

 

 

EX-101.LAB**

 

XBRL Taxonomy Extension Labels Linkbase

 

 

 

EX-101.PRE**

 

XBRL Taxonomy Extension Presentation Linkbase

_________________ 

** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

 

 
28

Table of Contents

 

SIGNATURES

 

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on this 16th day of November, 2020. 

 

 

MANHATTAN SCIENTIFICS, INC.

 

 

 

 

 

 

By:

/s/ Emmanuel Tsoupanarias

 

 

Name:

Emmanuel Tsoupanarias

 

 

Title:

Chief Executive Officer

(Principal Executive, Financial and Accounting Officer)

 

 

 
29

 

EX-31.1 2 mhtx_ex311.htm CERTIFICATION mhtx_ex311.htm

EXHIBIT 31.1

 

CERTIFICATIONS

 

I, Emmanuel Tsoupanarias, certify that:

 

1.

I have reviewed this quarterly report on Form 10-Q for the period ended September 30, 2020 (the “report”) of Manhattan Scientifics, Inc.;

 

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

 

4.

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

 

a.

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

 

 

 

b.

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

 

 

 

c.

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

 

 

 

d.

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

5.

The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

 

a.

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

 

 

 

 

b.

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Date: November 16, 2020

By:

/s/ Emmanuel Tsoupanarias

 

 

Emmanuel Tsoupanarias

 

 

 

Chief Executive Officer

 

 

 

(principal executive, financial and accounting officer)

EX-32.1 3 mhtx_ex321.htm CERTIFICATION mhtx_ex321.htm

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code), the undersigned officer of Manhattan Scientifics, Inc., a Delaware corporation (the “Company”), does hereby certify, to the best of his knowledge, that:

 

 

(1)

The Quarterly Report of Form 10-Q for the period ending September 30, 2020 (the “Report”) of the Company complies in all material respects with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

 

 

 

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

 

Date: November 16, 2020

By:

/s/ Emmanuel Tsoupanarias

 

 

Emmanuel Tsoupanarias

 

 

 

Chief Executive Officer

 

 

 

(principal executive, financial and accounting officer)

EX-101.INS 4 mhtx-20200930.xml XBRL INSTANCE DOCUMENT 0001099132 2020-01-01 2020-09-30 0001099132 mhtx:NonaffiliatedthirdpartyThirdPartyMember 2020-08-01 2020-08-21 0001099132 mhtx:NonaffiliatedthirdpartyThirdPartyMember 2020-08-21 0001099132 mhtx:BoardOfDirectorMember 2020-09-30 0001099132 mhtx:ChairmanMember 2020-09-30 0001099132 mhtx:SoleOfficerMember 2020-09-30 0001099132 srt:DirectorMember 2019-10-01 2019-10-17 0001099132 mhtx:UnrelatedPartyMember 2020-10-01 2020-10-17 0001099132 mhtx:UnrelatedPartyMember 2019-10-01 2019-10-17 0001099132 mhtx:IBXMember 2019-10-01 2019-10-17 0001099132 mhtx:IBXMember 2020-10-01 2020-10-17 0001099132 mhtx:IBXMember 2020-10-17 0001099132 mhtx:StockOptionsMember 2020-06-01 2020-06-30 0001099132 mhtx:October2015Member 2020-01-01 2020-09-30 0001099132 mhtx:October2015Member 2020-09-30 0001099132 mhtx:April2012Member 2020-01-01 2020-09-30 0001099132 mhtx:April2012Member 2020-09-30 0001099132 mhtx:WarrantsMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeSevenMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeSevenMember 2020-09-30 0001099132 mhtx:ExercisePriceRangeSixMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeSixMember 2020-09-30 0001099132 mhtx:ExercisePriceRangeFiveMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeFiveMember 2020-09-30 0001099132 mhtx:ExercisePriceRangeFourMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeFourMember 2020-09-30 0001099132 mhtx:ExercisePriceRangeThreeMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeThreeMember 2020-09-30 0001099132 mhtx:ExercisePriceRangeTwoMember 2020-01-01 2020-09-30 0001099132 mhtx:ExercisePriceRangeTwoMember 2020-09-30 0001099132 us-gaap:IndividualMember 2020-01-01 2020-09-30 0001099132 us-gaap:IndividualMember 2019-10-01 2019-10-17 0001099132 mhtx:RelatedPartyMember 2020-01-01 2020-09-30 0001099132 mhtx:RelatedPartyMember 2019-10-01 2019-10-17 0001099132 mhtx:NotesPayableMember 2020-09-30 0001099132 mhtx:ImagionBiosystemsIncMember 2020-01-01 2020-03-31 0001099132 mhtx:ImagionBiosystemsIncMember 2020-03-01 2020-03-25 0001099132 mhtx:ImagionBiosystemsIncMember 2020-01-01 2020-09-30 0001099132 mhtx:ImagionBiosystemsIncMember 2020-07-01 2020-09-30 0001099132 mhtx:ImagionBiosystemsIncMember 2019-12-31 0001099132 mhtx:LosAlamosNationalSecurityLLCMember mhtx:PatentLicenseAgreementMember 2009-01-01 2009-12-31 0001099132 mhtx:CommonShareMember 2019-01-01 2019-12-31 0001099132 mhtx:CommonShareMember 2020-01-01 2020-09-30 0001099132 mhtx:ImagionBiosystemsIncMember 2020-09-30 0001099132 2018-01-01 2018-12-31 0001099132 2019-01-01 2019-12-31 0001099132 2020-05-01 2020-05-31 0001099132 mhtx:SignificantUnobservableInputsMember mhtx:LevelThreeMember 2019-12-31 0001099132 mhtx:SignificantUnobservableInputsMember mhtx:LevelThreeMember 2020-09-30 0001099132 mhtx:SignificantOtherObservableInputsMember mhtx:LevelTwoMember 2019-12-31 0001099132 mhtx:SignificantOtherObservableInputsMember mhtx:LevelTwoMember 2020-09-30 0001099132 mhtx:QuotedPricesInActiveMarketsForIdenticalAssetsMember mhtx:LevelOneMember 2019-12-31 0001099132 mhtx:QuotedPricesInActiveMarketsForIdenticalAssetsMember mhtx:LevelOneMember 2020-09-30 0001099132 mhtx:TotalFairValueMember 2019-12-31 0001099132 mhtx:TotalFairValueMember 2020-09-30 0001099132 us-gaap:RetainedEarningsMember 2020-09-30 0001099132 mhtx:StockPayableMember 2020-09-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2020-09-30 0001099132 us-gaap:CommonStockMember 2020-09-30 0001099132 us-gaap:PreferredStockMember 2020-09-30 0001099132 us-gaap:RetainedEarningsMember 2020-07-01 2020-09-30 0001099132 mhtx:StockPayableMember 2020-07-01 2020-09-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2020-07-01 2020-09-30 0001099132 us-gaap:CommonStockMember 2020-07-01 2020-09-30 0001099132 us-gaap:PreferredStockMember 2020-07-01 2020-09-30 0001099132 2020-06-30 0001099132 us-gaap:RetainedEarningsMember 2020-06-30 0001099132 mhtx:StockPayableMember 2020-06-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2020-06-30 0001099132 us-gaap:CommonStockMember 2020-06-30 0001099132 us-gaap:PreferredStockMember 2020-06-30 0001099132 2020-04-01 2020-06-30 0001099132 us-gaap:RetainedEarningsMember 2020-04-01 2020-06-30 0001099132 mhtx:StockPayableMember 2020-04-01 2020-06-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2020-04-01 2020-06-30 0001099132 us-gaap:CommonStockMember 2020-04-01 2020-06-30 0001099132 us-gaap:PreferredStockMember 2020-04-01 2020-06-30 0001099132 2020-03-31 0001099132 us-gaap:RetainedEarningsMember 2020-03-31 0001099132 mhtx:StockPayableMember 2020-03-31 0001099132 us-gaap:AdditionalPaidInCapitalMember 2020-03-31 0001099132 us-gaap:CommonStockMember 2020-03-31 0001099132 us-gaap:PreferredStockMember 2020-03-31 0001099132 2020-01-01 2020-03-31 0001099132 us-gaap:RetainedEarningsMember 2020-01-01 2020-03-31 0001099132 mhtx:StockPayableMember 2020-01-01 2020-03-31 0001099132 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-03-31 0001099132 us-gaap:CommonStockMember 2020-01-01 2020-03-31 0001099132 us-gaap:PreferredStockMember 2020-01-01 2020-03-31 0001099132 us-gaap:RetainedEarningsMember 2019-12-31 0001099132 mhtx:StockPayableMember 2019-12-31 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0001099132 us-gaap:CommonStockMember 2019-12-31 0001099132 us-gaap:PreferredStockMember 2019-12-31 0001099132 2019-09-30 0001099132 us-gaap:RetainedEarningsMember 2019-09-30 0001099132 mhtx:StockPayableMember 2019-09-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-09-30 0001099132 us-gaap:CommonStockMember 2019-09-30 0001099132 us-gaap:PreferredStockMember 2019-09-30 0001099132 us-gaap:RetainedEarningsMember 2019-07-01 2019-09-30 0001099132 mhtx:StockPayableMember 2019-07-01 2019-09-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-07-01 2019-09-30 0001099132 us-gaap:CommonStockMember 2019-07-01 2019-09-30 0001099132 us-gaap:PreferredStockMember 2019-07-01 2019-09-30 0001099132 2019-06-30 0001099132 us-gaap:RetainedEarningsMember 2019-06-30 0001099132 mhtx:StockPayableMember 2019-06-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-06-30 0001099132 us-gaap:CommonStockMember 2019-06-30 0001099132 us-gaap:PreferredStockMember 2019-06-30 0001099132 2019-04-01 2019-06-30 0001099132 us-gaap:RetainedEarningsMember 2019-04-01 2019-06-30 0001099132 mhtx:StockPayableMember 2019-04-01 2019-06-30 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-04-01 2019-06-30 0001099132 us-gaap:CommonStockMember 2019-04-01 2019-06-30 0001099132 us-gaap:PreferredStockMember 2019-04-01 2019-06-30 0001099132 2019-03-31 0001099132 us-gaap:RetainedEarningsMember 2019-03-31 0001099132 mhtx:StockPayableMember 2019-03-31 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-03-31 0001099132 us-gaap:CommonStockMember 2019-03-31 0001099132 us-gaap:PreferredStockMember 2019-03-31 0001099132 2019-01-01 2019-03-31 0001099132 us-gaap:RetainedEarningsMember 2019-01-01 2019-03-31 0001099132 mhtx:StockPayableMember 2019-01-01 2019-03-31 0001099132 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-03-31 0001099132 us-gaap:CommonStockMember 2019-01-01 2019-03-31 0001099132 us-gaap:PreferredStockMember 2019-01-01 2019-03-31 0001099132 2018-12-31 0001099132 us-gaap:RetainedEarningsMember 2018-12-31 0001099132 mhtx:StockPayableMember 2018-12-31 0001099132 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001099132 us-gaap:CommonStockMember 2018-12-31 0001099132 us-gaap:PreferredStockMember 2018-12-31 0001099132 2019-01-01 2019-09-30 0001099132 2019-07-01 2019-09-30 0001099132 2020-07-01 2020-09-30 0001099132 mhtx:SeriesDconvertiblepreferredStockMember 2019-12-31 0001099132 mhtx:SeriesDconvertiblepreferredStockMember 2020-09-30 0001099132 mhtx:ClassCRedeemableConvertiblePreferredStockMember 2019-12-31 0001099132 mhtx:ClassCRedeemableConvertiblePreferredStockMember 2020-09-30 0001099132 mhtx:ClassBConvertiblePreferredStockMember 2019-12-31 0001099132 mhtx:ClassBConvertiblePreferredStockMember 2020-09-30 0001099132 mhtx:ClassAConvertiblePreferredStockMember 2019-12-31 0001099132 mhtx:ClassAConvertiblePreferredStockMember 2020-09-30 0001099132 2019-12-31 0001099132 2020-09-30 0001099132 2020-11-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure MANHATTAN SCIENTIFICS INC 0001099132 10-Q false --12-31 true false false Yes 2020-09-30 Non-accelerated Filer Q3 2020 557781064 true false Yes 474000 261000 6000 13000 300000 300000 780000 574000 2936000 1045000 6000 4000 300000 600000 2000 2000 4024000 2225000 1503000 1510250 790000 583750 2293000 2094000 97000 78000 97000 78000 2390000 2172000 0 0 0 0 0 0 558000 558000 67632000 67632000 24000 0 -67638000 -69195000 576000 -1005000 4024000 2225000 0 0 0 0 0 0 1058000 1058000 .001 .001 447804 447804 0 0 0 0 950000000 950000000 557781064 557781064 557781064 557781064 182525 182525 0 0 0 0 250000 250000 49999 49999 49999 49999 14000 14000 0 0 0 0 105761 105761 105761 105761 105761 105761 0 50000 22000 72000 196000 541000 187000 945000 3000 8000 3000 6000 199000 549000 190000 951000 -199000 -499000 -168000 -879000 1966000 2075000 1397000 764000 6000 19000 0 0 1960000 2056000 1397000 764000 1761000 1557000 1229000 -115000 578443328 578000042 557781064 546528317 0.00 0.00 0.00 -0.00 596456245 596022959 597886064 546528317 0.00 0.00 0.00 -0.00 49999 533781064 0 534000 67289000 0 -67973000 -150000 0 0 0 0 -436000 -436000 49999 533781064 0 534000 67289000 0 -68409000 -586000 24000000 0 24000 336000 0 0 360000 0 0 7000 0 0 7000 0 0 0 0 -908000 -908000 49999 557781064 0 558000 67632000 0 -69317000 -1127000 0 0 0 0 1229000 49999 557781064 0 558000 67632000 0 -68088000 102000 49999 557781064 0 558000 67632000 0 -69195000 0 0 0 0 -732000 -732000 49999 557781064 0 558000 67632000 0 -69927000 -1737000 0 0 0 0 528000 528000 49999 557781064 0 558000 67632000 0 -69399000 -1209000 0 0 0 24000 0 24000 0 0 0 0 1761000 49999 557781064 0 558000 67632000 24000 -67638000 24000 360000 0 7000 2000 1000 -2075000 -764000 19000 0 7000 5000 199000 263000 -267000 -243000 -4000 -2000 300000 300000 184000 2000 480000 300000 0 0 213000 57000 87000 144000 0 0 0 0 <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The foregoing unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Regulation S-X as promulgated by the Securities and Exchange Commission (&#8220;SEC&#8221;). Accordingly, these financial statements do not include all of the disclosures required by generally accepted accounting principles in the United States of America for complete financial statements. These unaudited interim financial statements should be read in conjunction with the audited financial statements and the notes thereto included on Form 10-K for the year ended December 31, 2019, filed on April 14, 2020. In the opinion of management, the unaudited interim financial statements furnished herein include all&nbsp;adjustments, all of which are of a normal recurring nature, necessary for a fair statement of the results for the interim period presented.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Operating results for the three and nine-months period ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020.&nbsp; The condensed consolidated balance sheet at December 31, 2019 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles in the U.S. for complete financial statements.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2020, the Company has cumulative losses totaling $67,638,000 and negative working capital of $1,513,000. The Company had a net income of $1,557,000 for the nine months ended September 30, 2020. These conditions raise substantial doubt about the Company&#8217;s ability to continue as a going concern for a period of one year from the issuance of these financial statements.&nbsp; Because of these conditions, the Company will require additional working capital to develop business operations. Management&#8217;s plans are to raise additional working capital through the continued licensing of its technology as well as to generate revenues for other services. There are no assurances that the Company will be able to achieve the level of revenues adequate to generate sufficient cash flow from operations to support the Company&#8217;s working capital requirements. To the extent that funds generated are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of the filing date, the Coronavirus (&#8220;COVID-19&#8221;) has caused significant volatility in global markets, including the market price of our securities. The demand for our products and services has decreased and the ability of our customers to make payments for the products and services they purchased has been negatively impacted.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">BASIS OF CONSOLIDATION:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The consolidated financial statements include the accounts of Manhattan Scientific, Inc., its wholly owned subsidiary Metallicum. All significant intercompany balances and transactions have been eliminated.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">USE OF ESTIMATES:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amount of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. A significant estimate includes the carrying value of the Company&#8217;s patents, fair value of the Company&#8217;s common stock, assumptions used in calculating the value of stock options, depreciation and amortization.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">CASH CONCENTRATION:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company&#8217;s cash accounts are federally insured up to $250,000 for each financial institution we hold our accounts in. As of September 30, 2020 and December 31, 2019, we had cash balances of $210,000 and $0 exceeding the federally insured limits. </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">PROPERTY AND EQUIPMENT:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">INTANGIBLE ASSETS:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">License Agreements</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In 2009, the Company entered into a patent license agreement with Los Alamos National Security LLC for the exclusive use of certain technology relating to the manufacture and application of nanostructuring metals and alloys. At September 30, 2020 and December 31, 2019, the license agreements were fully amortized. Beginning in 2010, the Company was required to pay an annual license fee of $10,000 and may be required to pay royalties, as defined, to the licensors.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">DUE FROM THE SALE OF ASSETS:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Non-current assets are classified as held for sale if it is highly probably that they will be recovered primarily through sale rather than through continuing use.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Immediately before classification as held for sale, the assets are remeasured at the lower of their carrying amount and fair value less costs to sell.&nbsp; Any impairment loss on initial classification as held for sale and subsequent gains and losses on re-measurement are recognized in profit or loss.&nbsp; Gains are not recognized in excess of any cumulative impairment loss.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018.&nbsp; During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million.&nbsp; The Company sold the assets for a total of $1.2 million of which $300,000 was received during the year ended December 31, 2019.&nbsp; The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1.&nbsp; During May 2020, the Company received $300,000 and reduced the due from the sale of assets.&nbsp;&nbsp; As of September 30, 2020, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds.&nbsp; </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">REVENUE RECOGNITION:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company recognizes revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board&#8217;s (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) 606, Revenue From Contracts with Customers, which consists of five steps to evaluating contracts with customers for revenue recognition: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation. </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company&#8217;s license provides a right to use the technology that creates a performance obligation to satisfy at a point in time.&nbsp; The Company recorded revenue from the royalty on the anniversary date of the agreement based on the minimum royalty which is the point at which the performance obligation occurs at that point in time.&nbsp; (See Note 6)</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company generated 100% of the revenue from one customer for the nine months period ended September 30, 2020.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">FAIR VALUE OF FINANCIAL INSTRUMENTS</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company recognized the fair value of financial instruments in accordance with FASB ASC 820, Fair Value Measurements and Disclosures, &#8220;Fair Value Measurements&#8221;, which provides a framework for measuring fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Level 1 &#8212; Quoted prices for identical assets and liabilities in active markets;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Level 2 &#8212; Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Level 3 &#8212; Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company designates cash equivalents (consisting of money market funds) and investments in securities of publicly traded companies as Level 1. The total amount of the Company&#8217;s investment classified as Level 3 is de minimis. Fair value of financial instruments: The carrying amounts of financial instruments, including short-term investments, accounts payable, accrued expenses and notes payables approximated fair value as of September 30, 2020 and December 31, 2019 because of the relative short term nature of these instruments. </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Our financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2020 and December 31, 2019, consisted of the following:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Total fair value at &nbsp;&nbsp;September 30, &nbsp;2020</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Quoted prices in active markets for identical assets (Level1)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant other observable inputs (Level 2)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant unobservable inputs (Level 3)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Investment in equity securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Total fair value at December 31, </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>2019</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Quoted prices in active markets for identical assets (Level1)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant other observable inputs (Level 2)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant unobservable inputs (Level 3)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Investment in equity securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Investments in equity securities</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended December 31, 2017, the Company elected fair value option for its investment in Imagion Biosystems, Inc. a Nevada company (&#8220;Imagion&#8221;) based on triggering event of dilution of ownership, which lead to the deconsolidation of Imagion. Investments in Imagion are measured at fair value as opposed to equity method based on ASC 825-10. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2020, the Company holds approximately 6% of the total issued and outstanding shares of Imagion and is reported under fair value method under ASC 320.&nbsp; Management determined that it was appropriate to carry its investment in Imagion at fair value because the investment is traded on the Australian stock exchange and has daily trading activity and is a better indicator of value. &nbsp;The investments are re-measured at the end of each quarter based on the trading price and converted from AUD to USD. &nbsp;Any change in the value is reported on the income statement as a realized gain or loss in other income (expense).</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">ACCOUNTING FOR LEASES</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In February 2016, the FASB issued ASU 2016-02,&nbsp;<em>Leases</em>&nbsp;<em>(Topic 842)</em>&nbsp;and subsequent amendments to the initial guidance: ASU 2017-13, ASU 2018-10, ASU 2018-11, ASU 2018-20 and ASU 2019-01 (collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The Company early adopted Topic ASC 842 using the effective date of January 1, 2019 as the date of our initial application of the standard. The Company used the new transition election to not restate comparative periods and elected the package of practical expedients upon adoption, which permits the Company to not reassess under the new standard the Company&#8217;s prior conclusions about lease identification, lease classification and initial direct costs.&nbsp; Consequently, financial information for the comparative periods will not be updated.&nbsp; Upon adoption, there was no material impact to the financial statements.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">INCOME TAXES</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company accounts for income taxes under an asset and liability approach. This process involves calculating the temporary and permanent differences between the carrying amounts of the assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The temporary differences result in deferred tax assets and liabilities, which would be recorded on the Company&#8217;s consolidated balance sheets in accordance with ASC 740, which established financial accounting and reporting standards for the effect of income taxes. The Company must assess the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes that recovery is not likely, the Company must establish a valuation allowance. Changes in the Company&#8217;s valuation allowance in a period are recorded through the income tax provision on the consolidated statements of operations.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity&#8217;s financial statements and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax positions taken or expected to be taken on a tax return.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Under ASC 740-10, the impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As a result of the implementation of ASC 740-10, the Company recognized no material adjustment in the liability for unrecognized income tax benefits.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">BASIC AND DILUTED EARNINGS (LOSS) PER SHARE</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In accordance with FASB ASC 260, &#8220;Earnings Per Share,&#8221; the basic loss per share is computed by dividing the income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period. Basic net loss per share excludes the dilutive effect of stock options or warrants and convertible notes. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of common stock options and warrants. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.&nbsp; As of September 30, 2020 and 2019, 46,397,917 and 40,105,000, respectively, dilutive shares were excluded from the calculation of diluted loss per common share as of September 30, 2019, as the effect of these shares on earnings per share would have been anti-dilutive; however, dilutive shares were included from the calculation of diluted income common shares for the three months ended September 30, 2020 and 2019 and nine months ended September 30, 2020.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The following table shows the computation of basic and diluted earnings (loss) per share for the three- and nine-months periods ended September 30, 2020 and 2019:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Three Months Ended</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Nine Months Ended</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2020</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2019</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2020</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2019</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td style="vertical-align:top;"> <p style="margin:0px">Numerator:</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Net income</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">528,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,229,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,557,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(115,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Denominator:</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Weighted-average basic shares outstanding</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">578,433,328</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">557,781,064</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">578,000,042</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">546,528,317</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Effect of dilutive securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">18,022,917</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">40,105,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">18,022,917</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Weighted-average diluted shares</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">596,456,245</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">597,886,064</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">596,022,959</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">546,528,317</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Basic earnings (loss) per share</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(0.00</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Diluted earnings (loss) per share</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(0.00</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">STOCK BASED COMPENSATION</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In June 2018, FASB issued ASU No.&nbsp;2018-07,&nbsp;<em>Compensation &#8211; Stock Compensation (Topic 718)</em>, <em>Improvements to Nonemployee Share Based Payment Accounting.&nbsp; </em>The amendments in this Update expand the scope of stock compensation to include share-based payment transactions for acquiring goods and services from nonemployees.&nbsp;The guidance in this Update does not apply to transactions involving equity instruments granted to a lender or investor that provides financing to the issuer. The guidance is effective for fiscal years beginning after December&nbsp;31, 2018 including interim periods within the fiscal year. The Company adopted with an effective date of January 1, 2019.&nbsp; Upon adoption, there was no material impact to the financial statements.&nbsp; </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">RECENT ACCOUNTING PRONOUNCEMENTS</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In August 2018, the FASB issued ASU 2018-13,<em>&nbsp;Disclosure Framework &#8212; Changes to the Disclosure Requirements for Fair Value Measurement</em>, which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC Topic 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019, with early adoption permitted. Effective January 1, 2020, we adopted ASU 2018-13.&nbsp; The implementation of this standard did not have any material impact on our consolidated financial statements.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In August 2020, the FASB issued ASU No. 2020-06,&nbsp;<em>Debt&#8212;Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging&#8212;Contracts in Entity&#8217;s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity&#8217;s Own Equity,&nbsp;</em>which address issues identified as a result of the complexity associated with applying generally accepted accounting principles for certain financial instruments with characteristics of liabilities and equity. This amendment is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company does not expect the adoption of recently issued accounting pronouncements to have a potential impact on the Company&#8217;s results of operations, financial position or cash flow.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company has evaluated all recent accounting pronouncements and none are expected to have a material impact on the condensed consolidated financial statements.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2020, the Company owns 53,516,508 shares of Imagion (1,000,000 restricted shares for prepaid notes interests have not been transferred &#8211; see Note 4), resulting in a noncontrolling interest of Imagion&#8217;s issued and outstanding common stock. Initially, the Company held approximately 31% of Imagion&#8217;s total issued and outstanding common stock and later was decreased to approximately 6%. Based upon Imagion&#8217;s trading price on September 30, 2020, approximately $0.055 per share, the fair value of the Imagion shares was approximately $2,936,000.&nbsp; During the three and nine months ended September 30, 2020, the Company recorded a gain on its investment of $1,966,000 and $2,075,000, receptively.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On March 25, 2020, Imagion announced that shareholders will be offered two new shares for every five shares held at March 30, 2020. With each new share, shareholders will receive a free attaching new option. The new option will have an exercise price of 3 cents (Australian currency) and term of three years. The offer closed on April 20, 2020. The Company had the right to buy 22,606,603 new shares of Imagion and the market value at March 31, 2020 is $13,813.&nbsp; The Company elected not to purchase additional shares of Imagion and the option expired in April 2020.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the nine months ended September 30, 2020, the Company sold 7,000,000 shares of Imagion and received cash proceeds of $184,000.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Below is reconciliation for the changes to the investment in Imagion for the nine months ended September 30, 2020:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Balance as of December 31, 2019</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Change due to the sale of securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(184,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Change in the fair value of securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Balance as of September 30, 2020</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On October 17, 2019, The Company executed a secured note with a related party for $100,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.015 per share with 2 million shares of IBX common stock. The amortization of debt discount for the nine months ended September 30, 2020 was $13,000. </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On October 17, 2019, The Company executed a secured note with an individual for $50,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.015 per share with 1 million shares of IBX common stock. The amortization of debt discount for the nine months ended September 30, 2020 was $6,000.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Notes payable</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">150,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Less: Discounts on notes payable</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(53,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Notes payable, net of discounts</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">97,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">A summary of the Company&#8217;s stock option activity and related information is as follows:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Options</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price Per Share</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Weighted Average Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of Options Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of December 31, 2019</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Granted</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Exercised</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Expired</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of September 30, 2020</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Exercise prices and weighted-average contractual lives of 22,075,000 stock options outstanding as of June 30, 2020 are as follows:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td colspan="2"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td colspan="2"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Options Outstanding and Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Outstanding</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Weighted Average Remaining Contractual Life</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="width:4%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">4.75</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.06</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">4.12</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.07</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.64</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.08</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">575,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.19</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">575,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.14</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3.75</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.02</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">500,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3.75</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">500,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The fair value for options granted were determined using the Black-Scholes option-pricing model.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Warrants:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company issued the following warrants at the corresponding weighted average exercise price as of September 30, 2020.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Warrants</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Per Share</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Weighted Average Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of Warrants Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of December 31, 2019</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,700,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px"><em>$</em></p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,700,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Granted</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Exercised</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Expired</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(3,400,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.12</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.12</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(3,400,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of September 30, 2020</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;"> <p style="margin:0px"><strong>Grant date</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Warrants</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:center;"><strong>Contractual Life Remaining</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of Shares Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">April 2012</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="MARGIN: 0px; text-align:center;">0.07 years</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">October 2015</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="MARGIN: 0px; text-align:center;">0.01 years</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The fair value for warrants granted were determined using the Black-Scholes option-pricing model.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On May 1, 2019, the Company, entered into an agreement with a non-affiliated third party (&#8220;Third Party&#8221;), providing for an exclusive license by the Company of its ECAP technology to the Third Party for a term of 17 years unless terminated sooner, a sublicense by the Company to the Third Party of its rights under that certain Exclusive Field-of-Use Patent License Agreement dated January 5, 2009 entered with The Los Alamos National Laboratory for a term until the expiration of the last valid claim to expire of the patents pursuant to such agreement and the sale by the Company of ECAP-C machines to the Third party.&nbsp; As part of the above license agreements, the Company will receive royalty payments, including minimum payments, based on a percentage of the Third Party&#8217;s sales.&nbsp; Royalties will be 10% on gross sales of licensed dental products and average of 5% on all other sales of licensed products.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the nine months ended September 30, 2020, the Company received $50,000 as a royalty payment.&nbsp; The Company received the revenue for the continued use of the license and was recorded at the point in time the performance obligation was met.&nbsp;</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="font-size:10pt;font-family:times new roman;margin:0px">Legal matter contingencies </p> <p style="font-size:10pt;font-family:times new roman;margin:0px">&nbsp;</p> <p style="font-size:10pt;font-family:times new roman;margin:0px">The Company believes, based on current knowledge and after consultation with counsel, that it is not currently party to any material pending proceedings, individually or in the aggregate, the resolution of which would have a material effect on the Company. &nbsp;Provisions for losses are established in accordance with ASC 450, &#8220;Contingencies&#8221; when warranted. &nbsp;Once established, such provisions are adjusted when there is more information available of when an event occurs requiring a change.</p> <p style="font-size:10pt;font-family:times new roman;margin:0px">&nbsp;</p> <p style="font-size:10pt;font-family:times new roman;margin:0px">Lease </p> <p style="font-size:10pt;font-family:times new roman;margin:0px">&nbsp;</p> <p style="font-size:10pt;font-family:times new roman;margin:0px">The Company leases a facility with terms of month to month for its headquarters and had a lease on a facility through April 2021. During the year ended December 31, 2019, the lease was assigned to a third party entity. The lease could be cancelled at any time with three months written notice before April 2021, the anniversary date of the lease. The Company adopted ASC 842 on January 1, 2019 and which had no impact on the financial statements as under the practical expedient the leases consist of terms less than one year, and therefore is not required to be capitalized.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2020 and December 31, 2019, the Company had accrued expenses to related parties of approximately $790,000 and $583,750.&nbsp; During the nine months ended September 30, 2020, the Company reclassified $1,276,000 from accrued expenses related party to accrued expenses after the Company reevaluated its related party transactions.&nbsp; The individual has the right to settle the liability by receiving common stock or options at their discretion.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On October 17, 2019, we executed a secured note with our only independent director for $100,000 and a secured note with an unrelated party for $50,000 on the same terms. The secured notes are due on October 17, 2022. The Company agreed that the notes bear interest at 10% per annum, to be paid in advance with shares of IBX common stock, calculated at $0.015 per share or 3,000,000 shares of IBX.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2020, the amounts are due to the Company&#8217;s sole officer for compensation $214,000 and the chairman of the board for compensation of $528,000 and the members of the board of directors of $48,000.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On August 21, 2020, the Company entered into an agreement with a non-affiliated third party (&#8220;Third Party&#8221;), providing for legal services. The Company agreed to issue 1,500,000 common shares valued at $23,850 and a $2,500 flat monthly fee. The shares were valued based on the market price of the Company&#8217;s common shares of $0.016 on the grant date. The shares were considered owed as a common stock payable as of September 30, 2020. As the date of filing, the shares have not been issued but have been included in determining the weighted average share calculation and the earnings per share.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In accordance with ASC 855-10, the Company has analyzed its operations subsequent to September 30, 2020 to the date these financial statements were issued, and there were no other material subsequent events to disclose in these financial statements, except as noted.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The consolidated financial statements include the accounts of Manhattan Scientific, Inc., its wholly owned subsidiary Metallicum. All significant intercompany balances and transactions have been eliminated.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amount of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. A significant estimate includes the carrying value of the Company&#8217;s patents, fair value of the Company&#8217;s common stock, assumptions used in calculating the value of stock options, depreciation and amortization.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company&#8217;s cash accounts are federally insured up to $250,000 for each financial institution we hold our accounts in. As of September 30, 2020 and December 31, 2019, we had cash balances of $210,000 and $0 exceeding the federally insured limits. </p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">License Agreements</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In 2009, the Company entered into a patent license agreement with Los Alamos National Security LLC for the exclusive use of certain technology relating to the manufacture and application of nanostructuring metals and alloys. At September 30, 2020 and December 31, 2019, the license agreements were fully amortized. Beginning in 2010, the Company was required to pay an annual license fee of $10,000 and may be required to pay royalties, as defined, to the licensors.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Non-current assets are classified as held for sale if it is highly probably that they will be recovered primarily through sale rather than through continuing use.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Immediately before classification as held for sale, the assets are remeasured at the lower of their carrying amount and fair value less costs to sell.&nbsp; Any impairment loss on initial classification as held for sale and subsequent gains and losses on re-measurement are recognized in profit or loss.&nbsp; Gains are not recognized in excess of any cumulative impairment loss.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018.&nbsp; During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million.&nbsp; The Company sold the assets for a total of $1.2 million of which $300,000 was received during the year ended December 31, 2019.&nbsp; The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1.&nbsp; During May 2020, the Company received $300,000 and reduced the due from the sale of assets.&nbsp;&nbsp; As of September 30, 2020, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds.&nbsp; </p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company recognizes revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board&#8217;s (&#8220;FASB&#8221;) Accounting Standards Codification (&#8220;ASC&#8221;) 606, Revenue From Contracts with Customers, which consists of five steps to evaluating contracts with customers for revenue recognition: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation. </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company&#8217;s license provides a right to use the technology that creates a performance obligation to satisfy at a point in time.&nbsp; The Company recorded revenue from the royalty on the anniversary date of the agreement based on the minimum royalty which is the point at which the performance obligation occurs at that point in time.&nbsp; (See Note 6)</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company generated 100% of the revenue from one customer for the nine months period ended September 30, 2020.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company recognized the fair value of financial instruments in accordance with FASB ASC 820, Fair Value Measurements and Disclosures, &#8220;Fair Value Measurements&#8221;, which provides a framework for measuring fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Level 1 &#8212; Quoted prices for identical assets and liabilities in active markets;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Level 2 &#8212; Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Level 3 &#8212; Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company designates cash equivalents (consisting of money market funds) and investments in securities of publicly traded companies as Level 1. The total amount of the Company&#8217;s investment classified as Level 3 is de minimis. Fair value of financial instruments: The carrying amounts of financial instruments, including short-term investments, accounts payable, accrued expenses and notes payables approximated fair value as of September 30, 2020 and December 31, 2019 because of the relative short term nature of these instruments. </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Our financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2020 and December 31, 2019, consisted of the following:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Total fair value at &nbsp;&nbsp;September 30, &nbsp;2020</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Quoted prices in active markets for identical assets (Level1)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant other observable inputs (Level 2)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant unobservable inputs (Level 3)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Investment in equity securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Total fair value at December 31, </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>2019</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Quoted prices in active markets for identical assets (Level1)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant other observable inputs (Level 2)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant unobservable inputs (Level 3)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Investment in equity securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Investments in equity securities</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended December 31, 2017, the Company elected fair value option for its investment in Imagion Biosystems, Inc. a Nevada company (&#8220;Imagion&#8221;) based on triggering event of dilution of ownership, which lead to the deconsolidation of Imagion. Investments in Imagion are measured at fair value as opposed to equity method based on ASC 825-10. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2020, the Company holds approximately 6% of the total issued and outstanding shares of Imagion and is reported under fair value method under ASC 320.&nbsp; Management determined that it was appropriate to carry its investment in Imagion at fair value because the investment is traded on the Australian stock exchange and has daily trading activity and is a better indicator of value. &nbsp;The investments are re-measured at the end of each quarter based on the trading price and converted from AUD to USD. &nbsp;Any change in the value is reported on the income statement as a realized gain or loss in other income (expense).</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In February 2016, the FASB issued ASU 2016-02,&nbsp;<em>Leases</em>&nbsp;<em>(Topic 842)</em>&nbsp;and subsequent amendments to the initial guidance: ASU 2017-13, ASU 2018-10, ASU 2018-11, ASU 2018-20 and ASU 2019-01 (collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The Company early adopted Topic ASC 842 using the effective date of January 1, 2019 as the date of our initial application of the standard. The Company used the new transition election to not restate comparative periods and elected the package of practical expedients upon adoption, which permits the Company to not reassess under the new standard the Company&#8217;s prior conclusions about lease identification, lease classification and initial direct costs.&nbsp; Consequently, financial information for the comparative periods will not be updated.&nbsp; Upon adoption, there was no material impact to the financial statements.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company accounts for income taxes under an asset and liability approach. This process involves calculating the temporary and permanent differences between the carrying amounts of the assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The temporary differences result in deferred tax assets and liabilities, which would be recorded on the Company&#8217;s consolidated balance sheets in accordance with ASC 740, which established financial accounting and reporting standards for the effect of income taxes. The Company must assess the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes that recovery is not likely, the Company must establish a valuation allowance. Changes in the Company&#8217;s valuation allowance in a period are recorded through the income tax provision on the consolidated statements of operations.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity&#8217;s financial statements and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax positions taken or expected to be taken on a tax return.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Under ASC 740-10, the impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As a result of the implementation of ASC 740-10, the Company recognized no material adjustment in the liability for unrecognized income tax benefits.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In accordance with FASB ASC 260, &#8220;Earnings Per Share,&#8221; the basic loss per share is computed by dividing the income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period. Basic net loss per share excludes the dilutive effect of stock options or warrants and convertible notes. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of common stock options and warrants. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.&nbsp; As of September 30, 2020 and 2019, 46,397,917 and 40,105,000, respectively, dilutive shares were excluded from the calculation of diluted loss per common share as of September 30, 2019, as the effect of these shares on earnings per share would have been anti-dilutive; however, dilutive shares were included from the calculation of diluted income common shares for the three months ended September 30, 2020 and 2019 and nine months ended September 30, 2020.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The following table shows the computation of basic and diluted earnings (loss) per share for the three- and nine-months periods ended September 30, 2020 and 2019:</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Three Months Ended</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Nine Months Ended</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2020</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2019</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2020</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2019</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td style="vertical-align:top;"> <p style="margin:0px">Numerator:</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Net income</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">528,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,229,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,557,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(115,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Denominator:</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Weighted-average basic shares outstanding</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">578,433,328</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">557,781,064</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">578,000,042</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">546,528,317</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Effect of dilutive securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">18,022,917</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">40,105,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">18,022,917</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Weighted-average diluted shares</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">596,456,245</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">597,886,064</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">596,022,959</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">546,528,317</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Basic earnings (loss) per share</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(0.00</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Diluted earnings (loss) per share</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(0.00</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In June 2018, FASB issued ASU No.&nbsp;2018-07,&nbsp;<em>Compensation &#8211; Stock Compensation (Topic 718)</em>, <em>Improvements to Nonemployee Share Based Payment Accounting.&nbsp; </em>The amendments in this Update expand the scope of stock compensation to include share-based payment transactions for acquiring goods and services from nonemployees.&nbsp;The guidance in this Update does not apply to transactions involving equity instruments granted to a lender or investor that provides financing to the issuer. The guidance is effective for fiscal years beginning after December&nbsp;31, 2018 including interim periods within the fiscal year. The Company adopted with an effective date of January 1, 2019.&nbsp; Upon adoption, there was no material impact to the financial statements.&nbsp; </p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In August 2018, the FASB issued ASU 2018-13,<em>&nbsp;Disclosure Framework &#8212; Changes to the Disclosure Requirements for Fair Value Measurement</em>, which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC Topic 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019, with early adoption permitted. Effective January 1, 2020, we adopted ASU 2018-13.&nbsp; The implementation of this standard did not have any material impact on our consolidated financial statements.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In August 2020, the FASB issued ASU No. 2020-06,&nbsp;<em>Debt&#8212;Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging&#8212;Contracts in Entity&#8217;s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity&#8217;s Own Equity,&nbsp;</em>which address issues identified as a result of the complexity associated with applying generally accepted accounting principles for certain financial instruments with characteristics of liabilities and equity. This amendment is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company does not expect the adoption of recently issued accounting pronouncements to have a potential impact on the Company&#8217;s results of operations, financial position or cash flow.</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">&nbsp;</p> <p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company has evaluated all recent accounting pronouncements and none are expected to have a material impact on the condensed consolidated financial statements.</p></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Total fair value at &nbsp;&nbsp;September 30, &nbsp;2020</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Quoted prices in active markets for identical assets (Level1)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant other observable inputs (Level 2)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant unobservable inputs (Level 3)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Investment in equity securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Total fair value at December 31, </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>2019</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Quoted prices in active markets for identical assets (Level1)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant other observable inputs (Level 2)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Significant unobservable inputs (Level 3)</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Investment in equity securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Three Months Ended</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Nine Months Ended</strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2020</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2019</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2020</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>September 30,</strong><strong> <strong>2019</strong></strong></p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Numerator:</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td colspan="2" style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Net income</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">528,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,229,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,557,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(115,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Denominator:</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Weighted-average basic shares outstanding</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">578,433,328</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">557,781,064</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">578,000,042</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">546,528,317</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Effect of dilutive securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">18,022,917</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">40,105,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">18,022,917</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px 0px 0px 11.25pt">Weighted-average diluted shares</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">596,456,245</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">597,886,064</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">596,022,959</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">546,528,317</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Basic earnings (loss) per share</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(0.00</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Diluted earnings (loss) per share</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.00</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(0.00</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Balance as of December 31, 2019</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">1,045,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Change due to the sale of securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(184,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Change in the fair value of securities</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Balance as of September 30, 2020</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">2,936,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Notes payable</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">150,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Less: Discounts on notes payable</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(53,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Notes payable, net of discounts</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">97,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Options</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price Per Share</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Weighted Average Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of Options Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of December 31, 2019</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Granted</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Exercised</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Expired</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of September 30, 2020</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">22,075,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td colspan="2"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td colspan="2"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="6"> <p style="MARGIN: 0px; text-align:center;"><strong>Options Outstanding and Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px"> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Outstanding</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Weighted Average Remaining Contractual Life</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="width:4%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">4.75</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.06</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">4.12</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.07</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.64</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.08</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">575,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.19</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">575,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.14</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3.75</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3,000,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td> <p style="margin:0px">0.02</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">500,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">3.75</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">500,000</p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr></table></div> <div style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN"><table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Warrants</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Per Share</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Weighted Average Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of Warrants Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of December 31, 2019</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,700,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px"><em>$</em></p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.07</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">9,700,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Granted</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Exercised</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">-</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">Expired</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(3,400,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.12</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.12</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">(3,400,000</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">)</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">Outstanding as of September 30, 2020</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table> <table style="border-spacing:0;font-size:10pt;width:100%" cellpadding="0"> <tr style="height:15px"> <td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;"> <p style="margin:0px"><strong>Grant date</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of </strong></p> <p style="MARGIN: 0px; text-align:center;"><strong>Warrants</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Exercise Price</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:center;"><strong>Contractual Life Remaining</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;" colspan="2"> <p style="MARGIN: 0px; text-align:center;"><strong>Number of Shares Exercisable</strong> </p></td> <td> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td style="vertical-align:top;"> <p style="margin:0px">April 2012</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="MARGIN: 0px; text-align:center;">0.07 years</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,000,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#ffffff"> <td style="vertical-align:top;"> <p style="margin:0px">October 2015</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;vertical-align:bottom;"> <p style="margin:0px">$</p></td> <td style="width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">0.05</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td> <p style="MARGIN: 0px; text-align:center;">0.01 years</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr> <tr style="height:15px;background-color:#cceeff"> <td> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:9%;"> <p style="margin:0px">&nbsp;</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:1%;"> <p style="margin:0px">&nbsp;</p></td> <td style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;"> <p style="MARGIN: 0px; text-align:right;">6,300,000</p></td> <td style="width:1%;"> <p style="margin:0px">&nbsp;</p></td></tr></table></div> -1513000 2936000 1045000 2936000 1045000 0 0 0 0 578433328 578000042 557781064 546528317 18022917 18022917 40105000 596456245 596022959 597886064 546528317 300000 300000 250000 1 210000 0 1200000 The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1. 1200000 An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. 0.06 46397917 40105000 10000 1045000 -184000 2075000 2936000 0.055 53516508 0.31 2936000 1000000 1966000 2075000 shareholders will be offered two new shares for every five shares held at March 30, 2020. With each new share, shareholders will receive a free attaching new option. The new option will have an exercise price of 3 cents (Australian currency) and term of three years 22606603 13813 184000 7000000 150000 -53000 97000 100000 0.1 2022-10-17 2000000 0.015 13000 50000 0.1 2022-10-17 1000000 0.015 6000 22075000 22075000 0.07 0.00 0.00 0.00 0.07 0.07 0.00 0.00 0.00 0.07 22075000 22075000 3000000 P4Y8M30D 0.05 3000000 6000000 P4Y1M13D 0.06 6000000 9000000 P8M9D 0.07 9000000 575000 P2M9D 0.08 575000 3000000 P3Y8M30D 3000000 0.14 500000 P3Y8M30D 500000 0.02 9700000 -3400000 6300000 0.07 0.00 0.00 0.12 0.05 0.07 0.00 0.00 0.12 0.05 9700000 -3400000 6300000 6300000 6300000 6000000 0.05 P26D 6000000 300000 0.05 P4D 300000 22075000 50000 0.1 For a term of 17 years unless terminated sooner 0.05 The lease could be cancelled at any time with three months written notice before April 2021, the anniversary date of the lease 790000 583750 1276000 3000000 0.015 2022-10-17 2022-10-17 50000 0.1 100000 214000 528000 48000 23850 2500 1500000 0.016 EX-101.SCH 5 mhtx-20200930.xsd XBRL TAXONOMY EXTENSION SCHEMA 000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink 000002 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 000003 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 000004 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 000005 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) link:presentationLink link:calculationLink link:definitionLink 000006 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 000007 - Disclosure - BASIS OF PRESENTATION link:presentationLink link:calculationLink link:definitionLink 000008 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS link:presentationLink link:calculationLink link:definitionLink 000009 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) link:presentationLink link:calculationLink link:definitionLink 000010 - Disclosure - NOTES PAYABLE link:presentationLink link:calculationLink link:definitionLink 000011 - Disclosure - OPTIONS AND WARRANTS link:presentationLink link:calculationLink link:definitionLink 000012 - Disclosure - LICENSE AGREEMENT link:presentationLink link:calculationLink link:definitionLink 000013 - Disclosure - COMMITMENTS AND CONTIGENCIES link:presentationLink link:calculationLink link:definitionLink 000014 - Disclosure - RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 000015 - Disclosure - STOCKHOLDERS EQUITY (DEFICIT) link:presentationLink link:calculationLink link:definitionLink 000016 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 000017 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Policies) link:presentationLink link:calculationLink link:definitionLink 000018 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Tables) link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Tables) link:presentationLink link:calculationLink link:definitionLink 000020 - Disclosure - NOTES PAYABLE (Tables) link:presentationLink link:calculationLink link:definitionLink 000021 - Disclosure - OPTIONS AND WARRANTS (Tables) link:presentationLink link:calculationLink link:definitionLink 000022 - Disclosure - BASIS OF PRESENTATION (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000023 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details) link:presentationLink link:calculationLink link:definitionLink 000024 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details 1) link:presentationLink link:calculationLink link:definitionLink 000025 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000026 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details) link:presentationLink link:calculationLink link:definitionLink 000027 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000028 - Disclosure - NOTES PAYABLE (Details) link:presentationLink link:calculationLink link:definitionLink 000029 - Disclosure - NOTES PAYABLE (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000030 - Disclosure - OPTIONS AND WARRANTS (Details) link:presentationLink link:calculationLink link:definitionLink 000031 - Disclosure - OPTIONS AND WARRANTS (Details 1) link:presentationLink link:calculationLink link:definitionLink 000032 - Disclosure - OPTIONS AND WARRANTS (Details 2) link:presentationLink link:calculationLink link:definitionLink 000033 - Disclosure - OPTIONS AND WARRANTS (Details 3) link:presentationLink link:calculationLink link:definitionLink 000034 - Disclosure - OPTIONS AND WARRANTS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000035 - Disclosure - LICENSE AGREEMENT (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000036 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000037 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 000038 - Disclosure - STOCKHOLDERS EQUITY (DEFICIT) (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 6 mhtx-20200930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Entity Registrant Name Entity Central Index Key Document Type Amendment Flag Current Fiscal Year End Date Entity Small Business Entity Shell Company Entity Emerging Growth Company Entity Current Reporting Status Document Period End Date Entity Filer Category Document Fiscal Period Focus Document Fiscal Year Focus Entity Common Stock Shares Outstanding Document Quarterly Report Document Transition Report Entity Interactive Data Current CONDENSED CONSOLIDATED BALANCE SHEETS Statement [Table] Statement [Line Items] Class of Stock [Axis] Class A Convertible Preferred Stock [Member] Class B Convertible Preferred Stock [Member] Class C Redeemable Convertible Preferred Stock [Member] Series D convertible preferred Stock [Member] ASSETS Current assets: Cash Prepaid expenses Due from the sale of assets - current portion Total current assets [Assets, Current] Investment in equity securities Property and equipment, net Due from the sale of assets Other assets Total assets [Assets] LIABILITIES Current liabilities: Accounts payable and accrued expenses Accrued expenses - related parties Total current liabilities [Liabilities, Current] Long-term liabilities: Notes payable, net of discounts Total long-term liabilities Total liabilities [Liabilities] Commitments and Contingencies - Note 7 STOCKHOLDERS' EQUITY (DEFICIT) Capital stock $.001 par value Preferred stock value Common, authorized 950,000,000 shares, 557,781,064 and 557,781,064 shares issued, and outstanding, respectively Additional paid-in-capital Stock payable Accumulated deficit Total stockholders' equity (deficit) TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY (DEFICIT) Capital stock, shares par value Preferred stock, shares authorized Preferred stock, shares issued Preferred stock, shares outstanding Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Revenue from royalties Operating costs: General and administrative expenses Research and development Total operating costs and expenses [Operating Costs and Expenses] Loss from operations [Operating Income (Loss)] Other income (expense): Gain on fair value adjustment of investments Interest expense [Interest Expense] Total other income (expense) [Nonoperating Income (Expense)] NET INCOME (LOSS) [Net Income (Loss) Attributable to Parent] INCOME (LOSS) PER COMMON SHARE: Weighted average number of common shares outstanding (Basic) Basic Income (loss) per common share Weighted average number of common shares outstanding (Diluted) Diluted Income (loss) per common share CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) Statement Equity Components [Axis] Preferred Stock Common Stock Additional Paid-In Capital Stock Payable [Member] Accumulated Deficit Balance, shares [Shares, Issued] Balance, amount Net Loss Common stock issued for services, shares Common stock issued for services, amount Options issued for services Balance, shares Balance, amount CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss) Adjustments to reconcile net income (loss) to net cash used in operating activities: Common stock issued for services Stock options issued/vested for services Depreciation and amortization Gain on fair value adjustment of investments [Gain (Loss) on Investments] Amortization of debt discount Changes in: Prepaid expenses [Increase (Decrease) in Prepaid Expense] Accounts payable and accrued expenses [Increase (Decrease) in Accounts Payable and Accrued Liabilities] Net cash used in operating activities [Net Cash Provided by (Used in) Operating Activities] CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of fixed assets Proceeds from sale of assets held for sale Proceeds from sale of investments Net cash provided by investing activities [Net Cash Provided by (Used in) Investing Activities] CASH FLOWS FROM FINANCING ACTIVITIES: Net cash provided by financing activities NET DECREASE IN CASH [Cash, Period Increase (Decrease)] CASH, BEGINNING OF PERIOD CASH, END OF PERIOD SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: Interest paid Income taxes paid BASIS OF PRESENTATION NOTE 1 - BASIS OF PRESENTATION SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) NOTE 3 - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) NOTES PAYABLE NOTE 4 - NOTES PAYABLE OPTIONS AND WARRANTS NOTE 5 - OPTIONS AND WARRANTS LICENSE AGREEMENT NOTE 6 - LICENSE AGREEMENT COMMITMENTS AND CONTIGENCIES NOTE 7 - COMMITMENTS AND CONTIGENCIES RELATED PARTY TRANSACTIONS NOTE 8 - RELATED PARTY TRANSACTIONS STOCKHOLDERS EQUITY (DEFICIT) NOTE 9 - STOCKHOLDERS' EQUITY (DEFICIT) SUBSEQUENT EVENTS NOTE 10 - SUBSEQUENT EVENTS BASIS OF CONSOLIDATION USE OF ESTIMATES CASH CONCENTRATION PROPERTY AND EQUIPMENT INTANGIBLE ASSETS DUE FROM THE SALE OF ASSETS REVENUE RECOGNITION FAIR VALUE OF FINANCIAL INSTRUMENTS ACCOUNTING FOR LEASES INCOME TAXES BASIC AND DILUTED EARNINGS (LOSS) PER SHARE STOCK-BASED COMPENSATION RECENT ACCOUNTING PRONOUNCEMENTS Schedule of fair value measurement of assets and liabilities Schedule of basic and diluted earnings (loss) per share INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Tables) Schedule of changes to the investment in Imagion Schedule of debt discount OPTIONS AND WARRANTS (Tables) Summary of Company's stock option activity Summary of exercise prices and weighted-average contractual lives Summary of Warrants BASIS OF PRESENTATION (Details Narrative) Accumulated loss Working capital deficit SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details) Asset Class [Axis] Fair Value Hierarchy and NAV [Axis] Total fair value [Member] Quoted prices in active markets for identical assets [Member] (Level 1) [Member] Significant other observable inputs [Member] (Level 2) [Member] Significant unobservable inputs [Member] (Level 3) [Member] Investment in equity securities [Investments, Fair Value Disclosure] Numerator: Denominator: Weighted-average basic shares outstanding Effect of dilutive securities Weighted-average diluted shares Basic earnings (loss) per share Diluted earnings (loss) per share Related Party Transactions By Related Party Axis Plan Name Axis Imagion Biosystems, Inc., [Member] Common Share [Member] Los Alamos National Security LLC [Member] Patent license agreement [Member] Proceeds from sale of assets held for sale Cash FDIC insured amount Total Revenue Generate Cash exceeding fedral insured limit Sale of asset Proceeds from sale of asset description Impairment and adjustment of assets valuation Income Tax Examination, Likelihood of Unfavorable Settlement Issued and outstanding shares noncontrolling interest Weighted average number diluted shares Annual license fee Balance as of December 31, 2019 Change due to the sale of securities in investment Change in the fair value of securities Balance as of June 30, 2020 INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details Narrative) Imagion Biosystems, Inc., [Member] Trading price per share Common stock owned shares Issued and outstanding shares noncontrolling interest Fair value of investment Restricted shares related to prepaid notes interests (Gain) on fair value adjustment of investments Descrpiton of equity method investment Right to buy shares under equity method investment, shares Right to buy shares under equity method investment, amount Proceeds from sale of common stock Sale of common stock Short-term Debt, Type [Axis] Notes Payable [Member] Notes payable Less: Discounts on notes payable Notes payable, net of discounts [Notes Payable] Related Party [Member] Individual [Member] Secured note Interest rate Debt due date Shares issued in advance for debt Price per share Amortization of debt discount Price per share [Price per share] Number of Options, Outstanding Beginning Balance Number of Options, Granted Number of Options, Exercised Number of Options, Expired Number of Options, Outstanding Ending Balance Exercise Price Per Share Exercise Price Per Share, Beginning Balance Exercise Price Per Share, Granted Exercise Price Per Share, Exercised Exercise Price Per Share, Expired Exercise Price Per Share, Ending Balance Weighted Average Exercise Price Weighted Average Exercise Price, Beginning Balance Weighted Average Exercise Price, Granted Weighted Average Exercise Price, Exercised Weighted Average Exercise Price, Expired Weighted Average Exercise Price, Ending Balance Number of Options Exercisable Number of Options Exercisable,Outstanding Beginning Balance Number of Options Exercisable, Granted Number of Options Exercisable, Exercised Number of Options Exercisable, Expired Number of Options Exercisable,Outstanding Ending Balance Range Axis Exercise Price 0.05 [Member] Exercise Price 0.06 [Member] Exercise Price 0.07 [Member] Exercise Price 0.08 [Member] Exercise Price 0.14 [Member] Exercise Price 0.02 [Member] Number of Options, Outstanding Weighted Average Remaining Contractual Life Weighted Average Exercise Price [Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price] Number of Options Exercisable, Outstanding Class of Warrant or Right [Axis] Warrants [Member] Number of Options, Outstanding Beginning Balance [Number of Options, Outstanding Beginning Balance] Number of Options, Granted Number of Options, Exercised Number of Options, Expired [Number of Options, Expired] Number of Options, Outstanding Ending Balance [Number of Options, Outstanding Ending Balance] Exercise Price Per Share, Beginning Balance [Exercise Price Per Share, Beginning Balance] Exercise Price Per Share, Granted Exercise Price Per Share, Exercised Exercise Price Per Share, Expired [Exercise Price Per Share, Expired] Exercise Price Per Share, Ending Balance [Exercise Price Per Share, Ending Balance] Weighted Average Exercise Price, Beginning Balance [Weighted Average Exercise Price, Beginning Balance] Weighted Average Exercise Price, Granted Weighted Average Exercise Price, Exercised Weighted Average Exercise Price, Expired [Weighted Average Exercise Price, Expired] Weighted Average Exercise Price, Ending Balance Number of Options Exercisable,Outstanding Beginning Balance [Number of Options Exercisable,Outstanding Beginning Balance] Number of Options Exercisable, Granted Number of Options Exercisable, Exercised Number of Options Exercisable, Expired [Number of Options Exercisable, Expired] Number of Options Exercisable,Outstanding Ending Balance [Number of Options Exercisable,Outstanding Ending Balance] Award Type Axis April 2012 [Member] October 2015 [Member] Number of Warrants, Outstanding Beginning Balance Number of Shares Exercisable Weighted average Exercise Price, Beginning Balance Contractual Life Remaining Debt Instrument [Axis] Stock Options [Member] Stock option outstanding Minimum Royalty Payment Royalty percentage on dental products License agreement term, description Royalty percentage on other licensed products Lease term, description Related Party Transaction [Axis] Title of Individual [Axis] IBX [Member] Unrelated Party [Member] Director [Member] Sole Officer [Member] Chairman [Member] Board of Director [Member] Accrued expenses - related parties [Employee-related Liabilities, Current] Accrued expenses Common Stock share price per Shares Debt due date Secured Note Interest rate Due to related parties Non-affiliated third party ("Third Party") [Member] Common Stock Shares Issued, Amount Monthly fee Common Stock Shares Issued Price Per Shares A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. The fair value of stock issued in noncash financing activities. The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed a Percentage of assumed long-term growth in revenues, used as an input to measure fair value. EX-101.CAL 7 mhtx-20200930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.PRE 8 mhtx-20200930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE EX-101.DEF 9 mhtx-20200930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE XML 10 R1.htm IDEA: XBRL DOCUMENT v3.20.2
Cover - shares
9 Months Ended
Sep. 30, 2020
Nov. 13, 2020
Cover [Abstract]    
Entity Registrant Name MANHATTAN SCIENTIFICS INC  
Entity Central Index Key 0001099132  
Document Type 10-Q  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Entity Small Business true  
Entity Shell Company false  
Entity Emerging Growth Company false  
Entity Current Reporting Status Yes  
Document Period End Date Sep. 30, 2020  
Entity Filer Category Non-accelerated Filer  
Document Fiscal Period Focus Q3  
Document Fiscal Year Focus 2020  
Entity Common Stock Shares Outstanding   557,781,064
Document Quarterly Report true  
Document Transition Report false  
Entity Interactive Data Current Yes  
XML 11 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 474,000 $ 261,000
Prepaid expenses 6,000 13,000
Due from the sale of assets - current portion 300,000 300,000
Total current assets 780,000 574,000
Investment in equity securities 2,936,000 1,045,000
Property and equipment, net 6,000 4,000
Due from the sale of assets 300,000 600,000
Other assets 2,000 2,000
Total assets 4,024,000 2,225,000
Current liabilities:    
Accounts payable and accrued expenses 1,503,000 1,510,250
Accrued expenses - related parties 790,000 583,750
Total current liabilities 2,293,000 2,094,000
Long-term liabilities:    
Notes payable, net of discounts 97,000 78,000
Total long-term liabilities 97,000 78,000
Total liabilities 2,390,000 2,172,000
Commitments and Contingencies - Note 7 0 0
STOCKHOLDERS' EQUITY (DEFICIT)    
Capital stock $.001 par value 0 0
Preferred stock value 0 0
Common, authorized 950,000,000 shares, 557,781,064 and 557,781,064 shares issued, and outstanding, respectively 558,000 558,000
Additional paid-in-capital 67,632,000 67,632,000
Stock payable 24,000 0
Accumulated deficit (67,638,000) (69,195,000)
Total stockholders' equity (deficit) 576,000 (1,005,000)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY (DEFICIT) 4,024,000 2,225,000
Class A Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock value 0 0
Class B Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock value 0 0
Class C Redeemable Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock value 0 0
Series D convertible preferred Stock [Member]    
STOCKHOLDERS' EQUITY (DEFICIT)    
Preferred stock value $ 1,058,000 $ 1,058,000
XML 12 R3.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Sep. 30, 2020
Dec. 31, 2019
Capital stock, shares par value $ .001 $ .001
Preferred stock, shares authorized 447,804 447,804
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, shares authorized 950,000,000 950,000,000
Common stock, shares issued 557,781,064 557,781,064
Common stock, shares outstanding 557,781,064 557,781,064
Class A Convertible Preferred Stock [Member]    
Preferred stock, shares authorized 182,525 182,525
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Class B Convertible Preferred Stock [Member]    
Preferred stock, shares authorized 250,000 250,000
Preferred stock, shares issued 49,999 49,999
Preferred stock, shares outstanding 49,999 49,999
Class C Redeemable Convertible Preferred Stock [Member]    
Preferred stock, shares authorized 14,000 14,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Series D convertible preferred Stock [Member]    
Preferred stock, shares authorized 105,761 105,761
Preferred stock, shares issued 105,761 105,761
Preferred stock, shares outstanding 105,761 105,761
XML 13 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)        
Revenue from royalties $ 0 $ 22,000 $ 50,000 $ 72,000
Operating costs:        
General and administrative expenses 196,000 187,000 541,000 945,000
Research and development 3,000 3,000 8,000 6,000
Total operating costs and expenses 199,000 190,000 549,000 951,000
Loss from operations (199,000) (168,000) (499,000) (879,000)
Other income (expense):        
Gain on fair value adjustment of investments 1,966,000 1,397,000 2,075,000 764,000
Interest expense (6,000) 0 (19,000) 0
Total other income (expense) 1,960,000 1,397,000 2,056,000 764,000
NET INCOME (LOSS) $ 1,761,000 $ 1,229,000 $ 1,557,000 $ (115,000)
INCOME (LOSS) PER COMMON SHARE:        
Weighted average number of common shares outstanding (Basic) 578,443,328 557,781,064 578,000,042 546,528,317
Basic Income (loss) per common share $ 0.00 $ 0.00 $ 0.00 $ (0.00)
Weighted average number of common shares outstanding (Diluted) 596,456,245 597,886,064 596,022,959 546,528,317
Diluted Income (loss) per common share $ 0.00 $ 0.00 $ 0.00 $ (0.00)
XML 14 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Stock Payable [Member]
Accumulated Deficit
Balance, shares at Dec. 31, 2018   49,999 533,781,064      
Balance, amount at Dec. 31, 2018 $ (150,000) $ 0 $ 534,000 $ 67,289,000 $ 0 $ (67,973,000)
Net Loss (436,000) $ 0 $ 0 0 0 (436,000)
Balance, shares at Mar. 31, 2019   49,999 533,781,064      
Balance, amount at Mar. 31, 2019 (586,000) $ 0 $ 534,000 67,289,000 0 (68,409,000)
Balance, shares at Dec. 31, 2018   49,999 533,781,064      
Balance, amount at Dec. 31, 2018 (150,000) $ 0 $ 534,000 67,289,000 0 (67,973,000)
Net Loss (115,000)          
Balance, shares at Sep. 30, 2019   49,999 557,781,064      
Balance, amount at Sep. 30, 2019 102,000 $ 0 $ 558,000 67,632,000 0 (68,088,000)
Balance, shares at Mar. 31, 2019   49,999 533,781,064      
Balance, amount at Mar. 31, 2019 (586,000) $ 0 $ 534,000 67,289,000 0 (68,409,000)
Net Loss (908,000) $ 0 $ 0 0 0 (908,000)
Common stock issued for services, shares   24,000,000      
Common stock issued for services, amount 360,000 $ 0 $ 24,000 336,000 0 0
Options issued for services 7,000 $ 0 $ 0 7,000 0 0
Balance, shares at Jun. 30, 2019   49,999 557,781,064      
Balance, amount at Jun. 30, 2019 (1,127,000) $ 0 $ 558,000 67,632,000 0 (69,317,000)
Net Loss 1,229,000 $ 0 $ 0 0 0 1,229,000
Balance, shares at Sep. 30, 2019   49,999 557,781,064      
Balance, amount at Sep. 30, 2019 102,000 $ 0 $ 558,000 67,632,000 0 (68,088,000)
Balance, shares at Dec. 31, 2019   49,999 557,781,064      
Balance, amount at Dec. 31, 2019 (1,005,000) $ 0 $ 558,000 67,632,000 0 (69,195,000)
Net Loss (732,000) $ 0 $ 0 0 0 (732,000)
Balance, shares at Mar. 31, 2020   49,999 557,781,064      
Balance, amount at Mar. 31, 2020 (1,737,000) $ 0 $ 558,000 67,632,000 0 (69,927,000)
Balance, shares at Dec. 31, 2019   49,999 557,781,064      
Balance, amount at Dec. 31, 2019 (1,005,000) $ 0 $ 558,000 67,632,000 0 (69,195,000)
Net Loss 1,557,000          
Balance, shares at Sep. 30, 2020   49,999 557,781,064      
Balance, amount at Sep. 30, 2020 576,000 $ 0 $ 558,000 67,632,000 24,000 (67,638,000)
Balance, shares at Mar. 31, 2020   49,999 557,781,064      
Balance, amount at Mar. 31, 2020 (1,737,000) $ 0 $ 558,000 67,632,000 0 (69,927,000)
Net Loss 528,000 $ 0 $ 0 0 0 528,000
Balance, shares at Jun. 30, 2020   49,999 557,781,064      
Balance, amount at Jun. 30, 2020 (1,209,000) $ 0 $ 558,000 67,632,000 0 (69,399,000)
Net Loss 1,761,000 0 0 0 0 1,761,000
Common stock issued for services, amount 24,000 $ 0 $ 0 0 24,000 0
Balance, shares at Sep. 30, 2020   49,999 557,781,064      
Balance, amount at Sep. 30, 2020 $ 576,000 $ 0 $ 558,000 $ 67,632,000 $ 24,000 $ (67,638,000)
XML 15 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 1,557,000 $ (115,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Common stock issued for services 24,000 360,000
Stock options issued/vested for services 0 7,000
Depreciation and amortization 2,000 1,000
Gain on fair value adjustment of investments (2,075,000) (764,000)
Amortization of debt discount 19,000 0
Changes in:    
Prepaid expenses 7,000 5,000
Accounts payable and accrued expenses 199,000 263,000
Net cash used in operating activities (267,000) (243,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of fixed assets (4,000) (2,000)
Proceeds from sale of assets held for sale 300,000 300,000
Proceeds from sale of investments 184,000 2,000
Net cash provided by investing activities 480,000 300,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net cash provided by financing activities 0 0
NET DECREASE IN CASH 213,000 57,000
CASH, BEGINNING OF PERIOD 261,000 87,000
CASH, END OF PERIOD 474,000 144,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid $ 0 $ 0
XML 16 R7.htm IDEA: XBRL DOCUMENT v3.20.2
BASIS OF PRESENTATION
9 Months Ended
Sep. 30, 2020
BASIS OF PRESENTATION  
NOTE 1 - BASIS OF PRESENTATION

The foregoing unaudited interim financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Regulation S-X as promulgated by the Securities and Exchange Commission (“SEC”). Accordingly, these financial statements do not include all of the disclosures required by generally accepted accounting principles in the United States of America for complete financial statements. These unaudited interim financial statements should be read in conjunction with the audited financial statements and the notes thereto included on Form 10-K for the year ended December 31, 2019, filed on April 14, 2020. In the opinion of management, the unaudited interim financial statements furnished herein include all adjustments, all of which are of a normal recurring nature, necessary for a fair statement of the results for the interim period presented.

 

Operating results for the three and nine-months period ended September 30, 2020 are not necessarily indicative of the results that may be expected for the year ending December 31, 2020.  The condensed consolidated balance sheet at December 31, 2019 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles in the U.S. for complete financial statements.

 

As of September 30, 2020, the Company has cumulative losses totaling $67,638,000 and negative working capital of $1,513,000. The Company had a net income of $1,557,000 for the nine months ended September 30, 2020. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements.  Because of these conditions, the Company will require additional working capital to develop business operations. Management’s plans are to raise additional working capital through the continued licensing of its technology as well as to generate revenues for other services. There are no assurances that the Company will be able to achieve the level of revenues adequate to generate sufficient cash flow from operations to support the Company’s working capital requirements. To the extent that funds generated are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available, the Company may not continue its operations.

 

The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

As of the filing date, the Coronavirus (“COVID-19”) has caused significant volatility in global markets, including the market price of our securities. The demand for our products and services has decreased and the ability of our customers to make payments for the products and services they purchased has been negatively impacted.

XML 17 R8.htm IDEA: XBRL DOCUMENT v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS
9 Months Ended
Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS  
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS

BASIS OF CONSOLIDATION:

 

The consolidated financial statements include the accounts of Manhattan Scientific, Inc., its wholly owned subsidiary Metallicum. All significant intercompany balances and transactions have been eliminated.

 

USE OF ESTIMATES:

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amount of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. A significant estimate includes the carrying value of the Company’s patents, fair value of the Company’s common stock, assumptions used in calculating the value of stock options, depreciation and amortization.

 

CASH CONCENTRATION:

 

The Company’s cash accounts are federally insured up to $250,000 for each financial institution we hold our accounts in. As of September 30, 2020 and December 31, 2019, we had cash balances of $210,000 and $0 exceeding the federally insured limits.

 

PROPERTY AND EQUIPMENT:

 

Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes.

 

INTANGIBLE ASSETS:

 

License Agreements

 

In 2009, the Company entered into a patent license agreement with Los Alamos National Security LLC for the exclusive use of certain technology relating to the manufacture and application of nanostructuring metals and alloys. At September 30, 2020 and December 31, 2019, the license agreements were fully amortized. Beginning in 2010, the Company was required to pay an annual license fee of $10,000 and may be required to pay royalties, as defined, to the licensors.

 

DUE FROM THE SALE OF ASSETS:

 

Non-current assets are classified as held for sale if it is highly probably that they will be recovered primarily through sale rather than through continuing use.

 

Immediately before classification as held for sale, the assets are remeasured at the lower of their carrying amount and fair value less costs to sell.  Any impairment loss on initial classification as held for sale and subsequent gains and losses on re-measurement are recognized in profit or loss.  Gains are not recognized in excess of any cumulative impairment loss.

 

During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018.  During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million.  The Company sold the assets for a total of $1.2 million of which $300,000 was received during the year ended December 31, 2019.  The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1.  During May 2020, the Company received $300,000 and reduced the due from the sale of assets.   As of September 30, 2020, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds. 

 

REVENUE RECOGNITION:

 

The Company recognizes revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which consists of five steps to evaluating contracts with customers for revenue recognition: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation.

 

The Company’s license provides a right to use the technology that creates a performance obligation to satisfy at a point in time.  The Company recorded revenue from the royalty on the anniversary date of the agreement based on the minimum royalty which is the point at which the performance obligation occurs at that point in time.  (See Note 6)

 

The Company generated 100% of the revenue from one customer for the nine months period ended September 30, 2020.

  

FAIR VALUE OF FINANCIAL INSTRUMENTS

 

The Company recognized the fair value of financial instruments in accordance with FASB ASC 820, Fair Value Measurements and Disclosures, “Fair Value Measurements”, which provides a framework for measuring fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

 

Level 1 — Quoted prices for identical assets and liabilities in active markets;

Level 2 — Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and

Level 3 — Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

 

The Company designates cash equivalents (consisting of money market funds) and investments in securities of publicly traded companies as Level 1. The total amount of the Company’s investment classified as Level 3 is de minimis. Fair value of financial instruments: The carrying amounts of financial instruments, including short-term investments, accounts payable, accrued expenses and notes payables approximated fair value as of September 30, 2020 and December 31, 2019 because of the relative short term nature of these instruments.

 

Our financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2020 and December 31, 2019, consisted of the following:

 

 

 

Total fair value at   September 30,  2020

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$

2,936,000

 

 

$

2,936,000

 

 

$

-

 

 

$

-

 

 

 

 

Total fair value at December 31,

2019

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$

1,045,000

 

 

$

1,045,000

 

 

$

-

 

 

$

-

 

 

Investments in equity securities

 

During the year ended December 31, 2017, the Company elected fair value option for its investment in Imagion Biosystems, Inc. a Nevada company (“Imagion”) based on triggering event of dilution of ownership, which lead to the deconsolidation of Imagion. Investments in Imagion are measured at fair value as opposed to equity method based on ASC 825-10. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings.

                      

As of September 30, 2020, the Company holds approximately 6% of the total issued and outstanding shares of Imagion and is reported under fair value method under ASC 320.  Management determined that it was appropriate to carry its investment in Imagion at fair value because the investment is traded on the Australian stock exchange and has daily trading activity and is a better indicator of value.  The investments are re-measured at the end of each quarter based on the trading price and converted from AUD to USD.  Any change in the value is reported on the income statement as a realized gain or loss in other income (expense).

 

ACCOUNTING FOR LEASES

 

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) and subsequent amendments to the initial guidance: ASU 2017-13, ASU 2018-10, ASU 2018-11, ASU 2018-20 and ASU 2019-01 (collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The Company early adopted Topic ASC 842 using the effective date of January 1, 2019 as the date of our initial application of the standard. The Company used the new transition election to not restate comparative periods and elected the package of practical expedients upon adoption, which permits the Company to not reassess under the new standard the Company’s prior conclusions about lease identification, lease classification and initial direct costs.  Consequently, financial information for the comparative periods will not be updated.  Upon adoption, there was no material impact to the financial statements.

 

INCOME TAXES

 

The Company accounts for income taxes under an asset and liability approach. This process involves calculating the temporary and permanent differences between the carrying amounts of the assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The temporary differences result in deferred tax assets and liabilities, which would be recorded on the Company’s consolidated balance sheets in accordance with ASC 740, which established financial accounting and reporting standards for the effect of income taxes. The Company must assess the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes that recovery is not likely, the Company must establish a valuation allowance. Changes in the Company’s valuation allowance in a period are recorded through the income tax provision on the consolidated statements of operations.

 

ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax positions taken or expected to be taken on a tax return.

 

Under ASC 740-10, the impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As a result of the implementation of ASC 740-10, the Company recognized no material adjustment in the liability for unrecognized income tax benefits.

 

BASIC AND DILUTED EARNINGS (LOSS) PER SHARE

 

In accordance with FASB ASC 260, “Earnings Per Share,” the basic loss per share is computed by dividing the income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period. Basic net loss per share excludes the dilutive effect of stock options or warrants and convertible notes. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of common stock options and warrants. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.  As of September 30, 2020 and 2019, 46,397,917 and 40,105,000, respectively, dilutive shares were excluded from the calculation of diluted loss per common share as of September 30, 2019, as the effect of these shares on earnings per share would have been anti-dilutive; however, dilutive shares were included from the calculation of diluted income common shares for the three months ended September 30, 2020 and 2019 and nine months ended September 30, 2020.

 

The following table shows the computation of basic and diluted earnings (loss) per share for the three- and nine-months periods ended September 30, 2020 and 2019:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2020

 

 

September 30, 2019

 

 

September 30, 2020

 

 

September 30, 2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

528,000

 

 

$

1,229,000

 

 

$

1,557,000

 

 

$

(115,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic shares outstanding

 

 

578,433,328

 

 

 

557,781,064

 

 

 

578,000,042

 

 

 

546,528,317

 

Effect of dilutive securities

 

 

18,022,917

 

 

 

40,105,000

 

 

 

18,022,917

 

 

 

-

 

Weighted-average diluted shares

 

 

596,456,245

 

 

 

597,886,064

 

 

 

596,022,959

 

 

 

546,528,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.00

 

 

$

0.00

 

 

$

0.00

 

 

$

(0.00

)

Diluted earnings (loss) per share

 

$

0.00

 

 

$

0.00

 

 

$

0.00

 

 

$

(0.00

)

 

STOCK BASED COMPENSATION

 

In June 2018, FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share Based Payment Accounting.  The amendments in this Update expand the scope of stock compensation to include share-based payment transactions for acquiring goods and services from nonemployees. The guidance in this Update does not apply to transactions involving equity instruments granted to a lender or investor that provides financing to the issuer. The guidance is effective for fiscal years beginning after December 31, 2018 including interim periods within the fiscal year. The Company adopted with an effective date of January 1, 2019.  Upon adoption, there was no material impact to the financial statements. 

  

RECENT ACCOUNTING PRONOUNCEMENTS

 

In August 2018, the FASB issued ASU 2018-13, Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement, which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC Topic 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019, with early adoption permitted. Effective January 1, 2020, we adopted ASU 2018-13.  The implementation of this standard did not have any material impact on our consolidated financial statements.

 

In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which address issues identified as a result of the complexity associated with applying generally accepted accounting principles for certain financial instruments with characteristics of liabilities and equity. This amendment is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years.

 

The Company does not expect the adoption of recently issued accounting pronouncements to have a potential impact on the Company’s results of operations, financial position or cash flow.

 

The Company has evaluated all recent accounting pronouncements and none are expected to have a material impact on the condensed consolidated financial statements.

XML 18 R9.htm IDEA: XBRL DOCUMENT v3.20.2
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS)
9 Months Ended
Sep. 30, 2020
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS)  
NOTE 3 - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS)

As of September 30, 2020, the Company owns 53,516,508 shares of Imagion (1,000,000 restricted shares for prepaid notes interests have not been transferred – see Note 4), resulting in a noncontrolling interest of Imagion’s issued and outstanding common stock. Initially, the Company held approximately 31% of Imagion’s total issued and outstanding common stock and later was decreased to approximately 6%. Based upon Imagion’s trading price on September 30, 2020, approximately $0.055 per share, the fair value of the Imagion shares was approximately $2,936,000.  During the three and nine months ended September 30, 2020, the Company recorded a gain on its investment of $1,966,000 and $2,075,000, receptively.

 

On March 25, 2020, Imagion announced that shareholders will be offered two new shares for every five shares held at March 30, 2020. With each new share, shareholders will receive a free attaching new option. The new option will have an exercise price of 3 cents (Australian currency) and term of three years. The offer closed on April 20, 2020. The Company had the right to buy 22,606,603 new shares of Imagion and the market value at March 31, 2020 is $13,813.  The Company elected not to purchase additional shares of Imagion and the option expired in April 2020.

 

During the nine months ended September 30, 2020, the Company sold 7,000,000 shares of Imagion and received cash proceeds of $184,000.

 

Below is reconciliation for the changes to the investment in Imagion for the nine months ended September 30, 2020:

 

Balance as of December 31, 2019

 

$

1,045,000

 

Change due to the sale of securities

 

 

(184,000

)

Change in the fair value of securities

 

 

2,075,000

 

Balance as of September 30, 2020

 

$

2,936,000

 

XML 19 R10.htm IDEA: XBRL DOCUMENT v3.20.2
NOTES PAYABLE
9 Months Ended
Sep. 30, 2020
NOTES PAYABLE  
NOTE 4 - NOTES PAYABLE

On October 17, 2019, The Company executed a secured note with a related party for $100,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.015 per share with 2 million shares of IBX common stock. The amortization of debt discount for the nine months ended September 30, 2020 was $13,000.

 

On October 17, 2019, The Company executed a secured note with an individual for $50,000. The secured note is due on October 17, 2022. The Company agreed that the note bears interest at 10% per annum, to be paid in advance in shares of Imagion Biosystems Limited common stock (IBX), calculated at $0.015 per share with 1 million shares of IBX common stock. The amortization of debt discount for the nine months ended September 30, 2020 was $6,000.

 

Notes payable

 

$

150,000

 

Less: Discounts on notes payable

 

 

(53,000

)

Notes payable, net of discounts

 

$

97,000

 

XML 20 R11.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS
9 Months Ended
Sep. 30, 2020
OPTIONS AND WARRANTS  
NOTE 5 - OPTIONS AND WARRANTS

A summary of the Company’s stock option activity and related information is as follows:

 

 

 

Number of

Options

 

 

Exercise Price Per Share

 

 

Weighted Average Exercise Price

 

 

Number of Options Exercisable

 

Outstanding as of December 31, 2019

 

 

22,075,000

 

 

$

0.07

 

 

$

.07

 

 

 

22,075,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding as of September 30, 2020

 

 

22,075,000

 

 

$

0.07

 

 

$

0.07

 

 

 

22,075,000

 

 

Exercise prices and weighted-average contractual lives of 22,075,000 stock options outstanding as of June 30, 2020 are as follows:

 

 

 

 

 

 

 

Options Outstanding and Exercisable

 

Exercise Price

 

 

Number

Outstanding

 

 

Weighted Average Remaining Contractual Life

 

 

Number

Exercisable

 

$

0.05

 

 

 

3,000,000

 

 

 

4.75

 

 

 

3,000,000

 

$

0.06

 

 

 

6,000,000

 

 

 

4.12

 

 

 

6,000,000

 

$

0.07

 

 

 

9,000,000

 

 

 

0.64

 

 

 

9,000,000

 

$

0.08

 

 

 

575,000

 

 

 

0.19

 

 

 

575,000

 

$

0.14

 

 

 

3,000,000

 

 

 

3.75

 

 

 

3,000,000

 

$

0.02

 

 

 

500,000

 

 

 

3.75

 

 

 

500,000

 

 

The fair value for options granted were determined using the Black-Scholes option-pricing model.

 

Warrants:

 

The Company issued the following warrants at the corresponding weighted average exercise price as of September 30, 2020.

 

 

 

Number of

Warrants

 

 

Exercise Price

Per Share

 

 

Weighted Average Exercise Price

 

 

Number of Warrants Exercisable

 

Outstanding as of December 31, 2019

 

 

9,700,000

 

 

$

0.07

 

 

$

0.07

 

 

 

9,700,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(3,400,000

)

 

 

0.12

 

 

 

0.12

 

 

 

(3,400,000

)

Outstanding as of September 30, 2020

 

 

6,300,000

 

 

$

0.05

 

 

$

0.05

 

 

 

6,300,000

 

 

Grant date

 

Number of

Warrants

 

 

Exercise Price

 

 

Contractual Life Remaining

 

Number of Shares Exercisable

 

April 2012

 

 

6,000,000

 

 

$

0.05

 

 

0.07 years

 

 

6,000,000

 

October 2015

 

 

300,000

 

 

$

0.05

 

 

0.01 years

 

 

300,000

 

 

 

 

6,300,000

 

 

 

 

 

 

 

 

 

6,300,000

 

 

The fair value for warrants granted were determined using the Black-Scholes option-pricing model.

XML 21 R12.htm IDEA: XBRL DOCUMENT v3.20.2
LICENSE AGREEMENT
9 Months Ended
Sep. 30, 2020
LICENSE AGREEMENT  
NOTE 6 - LICENSE AGREEMENT

On May 1, 2019, the Company, entered into an agreement with a non-affiliated third party (“Third Party”), providing for an exclusive license by the Company of its ECAP technology to the Third Party for a term of 17 years unless terminated sooner, a sublicense by the Company to the Third Party of its rights under that certain Exclusive Field-of-Use Patent License Agreement dated January 5, 2009 entered with The Los Alamos National Laboratory for a term until the expiration of the last valid claim to expire of the patents pursuant to such agreement and the sale by the Company of ECAP-C machines to the Third party.  As part of the above license agreements, the Company will receive royalty payments, including minimum payments, based on a percentage of the Third Party’s sales.  Royalties will be 10% on gross sales of licensed dental products and average of 5% on all other sales of licensed products.

 

During the nine months ended September 30, 2020, the Company received $50,000 as a royalty payment.  The Company received the revenue for the continued use of the license and was recorded at the point in time the performance obligation was met. 

XML 22 R13.htm IDEA: XBRL DOCUMENT v3.20.2
COMMITMENTS AND CONTIGENCIES
9 Months Ended
Sep. 30, 2020
COMMITMENTS AND CONTIGENCIES  
NOTE 7 - COMMITMENTS AND CONTIGENCIES

Legal matter contingencies

 

The Company believes, based on current knowledge and after consultation with counsel, that it is not currently party to any material pending proceedings, individually or in the aggregate, the resolution of which would have a material effect on the Company.  Provisions for losses are established in accordance with ASC 450, “Contingencies” when warranted.  Once established, such provisions are adjusted when there is more information available of when an event occurs requiring a change.

 

Lease

 

The Company leases a facility with terms of month to month for its headquarters and had a lease on a facility through April 2021. During the year ended December 31, 2019, the lease was assigned to a third party entity. The lease could be cancelled at any time with three months written notice before April 2021, the anniversary date of the lease. The Company adopted ASC 842 on January 1, 2019 and which had no impact on the financial statements as under the practical expedient the leases consist of terms less than one year, and therefore is not required to be capitalized.

XML 23 R14.htm IDEA: XBRL DOCUMENT v3.20.2
RELATED PARTY TRANSACTIONS
9 Months Ended
Sep. 30, 2020
RELATED PARTY TRANSACTIONS  
NOTE 8 - RELATED PARTY TRANSACTIONS

As of September 30, 2020 and December 31, 2019, the Company had accrued expenses to related parties of approximately $790,000 and $583,750.  During the nine months ended September 30, 2020, the Company reclassified $1,276,000 from accrued expenses related party to accrued expenses after the Company reevaluated its related party transactions.  The individual has the right to settle the liability by receiving common stock or options at their discretion.

 

On October 17, 2019, we executed a secured note with our only independent director for $100,000 and a secured note with an unrelated party for $50,000 on the same terms. The secured notes are due on October 17, 2022. The Company agreed that the notes bear interest at 10% per annum, to be paid in advance with shares of IBX common stock, calculated at $0.015 per share or 3,000,000 shares of IBX.

 

As of September 30, 2020, the amounts are due to the Company’s sole officer for compensation $214,000 and the chairman of the board for compensation of $528,000 and the members of the board of directors of $48,000.

XML 24 R15.htm IDEA: XBRL DOCUMENT v3.20.2
STOCKHOLDERS EQUITY (DEFICIT)
9 Months Ended
Sep. 30, 2020
STOCKHOLDERS EQUITY (DEFICIT)  
NOTE 9 - STOCKHOLDERS' EQUITY (DEFICIT)

On August 21, 2020, the Company entered into an agreement with a non-affiliated third party (“Third Party”), providing for legal services. The Company agreed to issue 1,500,000 common shares valued at $23,850 and a $2,500 flat monthly fee. The shares were valued based on the market price of the Company’s common shares of $0.016 on the grant date. The shares were considered owed as a common stock payable as of September 30, 2020. As the date of filing, the shares have not been issued but have been included in determining the weighted average share calculation and the earnings per share.

XML 25 R16.htm IDEA: XBRL DOCUMENT v3.20.2
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2020
SUBSEQUENT EVENTS  
NOTE 10 - SUBSEQUENT EVENTS

In accordance with ASC 855-10, the Company has analyzed its operations subsequent to September 30, 2020 to the date these financial statements were issued, and there were no other material subsequent events to disclose in these financial statements, except as noted.

XML 26 R17.htm IDEA: XBRL DOCUMENT v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Policies)
9 Months Ended
Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS  
BASIS OF CONSOLIDATION

The consolidated financial statements include the accounts of Manhattan Scientific, Inc., its wholly owned subsidiary Metallicum. All significant intercompany balances and transactions have been eliminated.

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amount of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. A significant estimate includes the carrying value of the Company’s patents, fair value of the Company’s common stock, assumptions used in calculating the value of stock options, depreciation and amortization.

CASH CONCENTRATION

The Company’s cash accounts are federally insured up to $250,000 for each financial institution we hold our accounts in. As of September 30, 2020 and December 31, 2019, we had cash balances of $210,000 and $0 exceeding the federally insured limits.

PROPERTY AND EQUIPMENT

Property and equipment are recorded at cost. Expenditures for major additions and improvements are capitalized, and minor replacements, maintenance, and repairs are charged to expense as incurred. When property and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period. Depreciation is provided over the estimated useful lives of the related assets using the straight-line method for financial statement purposes.

INTANGIBLE ASSETS

License Agreements

 

In 2009, the Company entered into a patent license agreement with Los Alamos National Security LLC for the exclusive use of certain technology relating to the manufacture and application of nanostructuring metals and alloys. At September 30, 2020 and December 31, 2019, the license agreements were fully amortized. Beginning in 2010, the Company was required to pay an annual license fee of $10,000 and may be required to pay royalties, as defined, to the licensors.

DUE FROM THE SALE OF ASSETS

Non-current assets are classified as held for sale if it is highly probably that they will be recovered primarily through sale rather than through continuing use.

 

Immediately before classification as held for sale, the assets are remeasured at the lower of their carrying amount and fair value less costs to sell.  Any impairment loss on initial classification as held for sale and subsequent gains and losses on re-measurement are recognized in profit or loss.  Gains are not recognized in excess of any cumulative impairment loss.

 

During the year ended December 31, 2019, the Company sold the assets held for sale that were presented on the balance sheet as of December 31, 2018.  During the year ended December 31, 2018, the Company recorded impairment and adjusted the asset valuation to $1.2 million.  The Company sold the assets for a total of $1.2 million of which $300,000 was received during the year ended December 31, 2019.  The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1.  During May 2020, the Company received $300,000 and reduced the due from the sale of assets.   As of September 30, 2020, the Company evaluated the collectability and determined that no allowance is needed at this time due to the payment history with this third party and the subsequent receipt of funds. 

REVENUE RECOGNITION

The Company recognizes revenue in accordance with generally accepted accounting principles as outlined in the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue From Contracts with Customers, which consists of five steps to evaluating contracts with customers for revenue recognition: (i) identify the contract with the customer; (ii) identity the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price; and (v) recognize revenue when or as the entity satisfied a performance obligation.

 

The Company’s license provides a right to use the technology that creates a performance obligation to satisfy at a point in time.  The Company recorded revenue from the royalty on the anniversary date of the agreement based on the minimum royalty which is the point at which the performance obligation occurs at that point in time.  (See Note 6)

 

The Company generated 100% of the revenue from one customer for the nine months period ended September 30, 2020.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company recognized the fair value of financial instruments in accordance with FASB ASC 820, Fair Value Measurements and Disclosures, “Fair Value Measurements”, which provides a framework for measuring fair value under GAAP. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The standard also expands disclosures about instruments measured at fair value and establishes a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

 

Level 1 — Quoted prices for identical assets and liabilities in active markets;

Level 2 — Quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and

Level 3 — Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

 

The Company designates cash equivalents (consisting of money market funds) and investments in securities of publicly traded companies as Level 1. The total amount of the Company’s investment classified as Level 3 is de minimis. Fair value of financial instruments: The carrying amounts of financial instruments, including short-term investments, accounts payable, accrued expenses and notes payables approximated fair value as of September 30, 2020 and December 31, 2019 because of the relative short term nature of these instruments.

 

Our financial assets and liabilities carried at fair value measured on a recurring basis as of September 30, 2020 and December 31, 2019, consisted of the following:

 

 

 

Total fair value at   September 30,  2020

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$

2,936,000

 

 

$

2,936,000

 

 

$

-

 

 

$

-

 

 

 

 

Total fair value at December 31,

2019

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$

1,045,000

 

 

$

1,045,000

 

 

$

-

 

 

$

-

 

 

Investments in equity securities

 

During the year ended December 31, 2017, the Company elected fair value option for its investment in Imagion Biosystems, Inc. a Nevada company (“Imagion”) based on triggering event of dilution of ownership, which lead to the deconsolidation of Imagion. Investments in Imagion are measured at fair value as opposed to equity method based on ASC 825-10. The guidance allows entities to elect to measure certain financial assets and financial liabilities (as well as certain nonfinancial instruments that are similar to financial instruments) at fair value. Investments over which an investor has the ability to exercise significant influence are eligible for the fair value option as they represent recognized financial assets. When the fair value option is elected for an instrument, all subsequent changes in fair value for that instrument are reported in earnings.

                             

As of September 30, 2020, the Company holds approximately 6% of the total issued and outstanding shares of Imagion and is reported under fair value method under ASC 320.  Management determined that it was appropriate to carry its investment in Imagion at fair value because the investment is traded on the Australian stock exchange and has daily trading activity and is a better indicator of value.  The investments are re-measured at the end of each quarter based on the trading price and converted from AUD to USD.  Any change in the value is reported on the income statement as a realized gain or loss in other income (expense).

ACCOUNTING FOR LEASES

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) and subsequent amendments to the initial guidance: ASU 2017-13, ASU 2018-10, ASU 2018-11, ASU 2018-20 and ASU 2019-01 (collectively, Topic 842). Topic 842 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. The Company early adopted Topic ASC 842 using the effective date of January 1, 2019 as the date of our initial application of the standard. The Company used the new transition election to not restate comparative periods and elected the package of practical expedients upon adoption, which permits the Company to not reassess under the new standard the Company’s prior conclusions about lease identification, lease classification and initial direct costs.  Consequently, financial information for the comparative periods will not be updated.  Upon adoption, there was no material impact to the financial statements.

INCOME TAXES

The Company accounts for income taxes under an asset and liability approach. This process involves calculating the temporary and permanent differences between the carrying amounts of the assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The temporary differences result in deferred tax assets and liabilities, which would be recorded on the Company’s consolidated balance sheets in accordance with ASC 740, which established financial accounting and reporting standards for the effect of income taxes. The Company must assess the likelihood that its deferred tax assets will be recovered from future taxable income and, to the extent the Company believes that recovery is not likely, the Company must establish a valuation allowance. Changes in the Company’s valuation allowance in a period are recorded through the income tax provision on the consolidated statements of operations.

 

ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax positions taken or expected to be taken on a tax return.

 

Under ASC 740-10, the impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, ASC 740-10 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As a result of the implementation of ASC 740-10, the Company recognized no material adjustment in the liability for unrecognized income tax benefits.

BASIC AND DILUTED EARNINGS (LOSS) PER SHARE

In accordance with FASB ASC 260, “Earnings Per Share,” the basic loss per share is computed by dividing the income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period. Basic net loss per share excludes the dilutive effect of stock options or warrants and convertible notes. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents, consisting of shares that might be issued upon exercise of common stock options and warrants. In periods where losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents, because their inclusion would be anti-dilutive.  As of September 30, 2020 and 2019, 46,397,917 and 40,105,000, respectively, dilutive shares were excluded from the calculation of diluted loss per common share as of September 30, 2019, as the effect of these shares on earnings per share would have been anti-dilutive; however, dilutive shares were included from the calculation of diluted income common shares for the three months ended September 30, 2020 and 2019 and nine months ended September 30, 2020.

 

The following table shows the computation of basic and diluted earnings (loss) per share for the three- and nine-months periods ended September 30, 2020 and 2019:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2020

 

 

September 30, 2019

 

 

September 30, 2020

 

 

September 30, 2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

528,000

 

 

$

1,229,000

 

 

$

1,557,000

 

 

$

(115,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic shares outstanding

 

 

578,433,328

 

 

 

557,781,064

 

 

 

578,000,042

 

 

 

546,528,317

 

Effect of dilutive securities

 

 

18,022,917

 

 

 

40,105,000

 

 

 

18,022,917

 

 

 

-

 

Weighted-average diluted shares

 

 

596,456,245

 

 

 

597,886,064

 

 

 

596,022,959

 

 

 

546,528,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.00

 

 

$

0.00

 

 

$

0.00

 

 

$

(0.00

)

Diluted earnings (loss) per share

 

$

0.00

 

 

$

0.00

 

 

$

0.00

 

 

$

(0.00

)

STOCK-BASED COMPENSATION

In June 2018, FASB issued ASU No. 2018-07, Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share Based Payment Accounting.  The amendments in this Update expand the scope of stock compensation to include share-based payment transactions for acquiring goods and services from nonemployees. The guidance in this Update does not apply to transactions involving equity instruments granted to a lender or investor that provides financing to the issuer. The guidance is effective for fiscal years beginning after December 31, 2018 including interim periods within the fiscal year. The Company adopted with an effective date of January 1, 2019.  Upon adoption, there was no material impact to the financial statements. 

RECENT ACCOUNTING PRONOUNCEMENTS

In August 2018, the FASB issued ASU 2018-13, Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement, which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC Topic 820. This guidance is effective for public companies in fiscal years beginning after December 15, 2019, with early adoption permitted. Effective January 1, 2020, we adopted ASU 2018-13.  The implementation of this standard did not have any material impact on our consolidated financial statements.

 

In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity, which address issues identified as a result of the complexity associated with applying generally accepted accounting principles for certain financial instruments with characteristics of liabilities and equity. This amendment is effective for public business entities that meet the definition of a Securities and Exchange Commission (SEC) filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years.

 

The Company does not expect the adoption of recently issued accounting pronouncements to have a potential impact on the Company’s results of operations, financial position or cash flow.

 

The Company has evaluated all recent accounting pronouncements and none are expected to have a material impact on the condensed consolidated financial statements.

XML 27 R18.htm IDEA: XBRL DOCUMENT v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Tables)
9 Months Ended
Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS  
Schedule of fair value measurement of assets and liabilities

 

 

Total fair value at   September 30,  2020

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$

2,936,000

 

 

$

2,936,000

 

 

$

-

 

 

$

-

 

 

 

Total fair value at December 31,

2019

 

 

Quoted prices in active markets for identical assets (Level1)

 

 

Significant other observable inputs (Level 2)

 

 

Significant unobservable inputs (Level 3)

 

Investment in equity securities

 

$

1,045,000

 

 

$

1,045,000

 

 

$

-

 

 

$

-

 

Schedule of basic and diluted earnings (loss) per share

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30, 2020

 

 

September 30, 2019

 

 

September 30, 2020

 

 

September 30, 2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

528,000

 

 

$

1,229,000

 

 

$

1,557,000

 

 

$

(115,000

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic shares outstanding

 

 

578,433,328

 

 

 

557,781,064

 

 

 

578,000,042

 

 

 

546,528,317

 

Effect of dilutive securities

 

 

18,022,917

 

 

 

40,105,000

 

 

 

18,022,917

 

 

 

-

 

Weighted-average diluted shares

 

 

596,456,245

 

 

 

597,886,064

 

 

 

596,022,959

 

 

 

546,528,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.00

 

 

$

0.00

 

 

$

0.00

 

 

$

(0.00

)

Diluted earnings (loss) per share

 

$

0.00

 

 

$

0.00

 

 

$

0.00

 

 

$

(0.00

)

XML 28 R19.htm IDEA: XBRL DOCUMENT v3.20.2
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Tables)
9 Months Ended
Sep. 30, 2020
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Tables)  
Schedule of changes to the investment in Imagion

Balance as of December 31, 2019

 

$

1,045,000

 

Change due to the sale of securities

 

 

(184,000

)

Change in the fair value of securities

 

 

2,075,000

 

Balance as of September 30, 2020

 

$

2,936,000

 

XML 29 R20.htm IDEA: XBRL DOCUMENT v3.20.2
NOTES PAYABLE (Tables)
9 Months Ended
Sep. 30, 2020
NOTES PAYABLE  
Schedule of debt discount

Notes payable

 

$

150,000

 

Less: Discounts on notes payable

 

 

(53,000

)

Notes payable, net of discounts

 

$

97,000

 

XML 30 R21.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS (Tables)
9 Months Ended
Sep. 30, 2020
OPTIONS AND WARRANTS (Tables)  
Summary of Company's stock option activity

 

 

Number of

Options

 

 

Exercise Price Per Share

 

 

Weighted Average Exercise Price

 

 

Number of Options Exercisable

 

Outstanding as of December 31, 2019

 

 

22,075,000

 

 

$

0.07

 

 

$

.07

 

 

 

22,075,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding as of September 30, 2020

 

 

22,075,000

 

 

$

0.07

 

 

$

0.07

 

 

 

22,075,000

 

Summary of exercise prices and weighted-average contractual lives

 

 

 

 

 

 

Options Outstanding and Exercisable

 

Exercise Price

 

 

Number

Outstanding

 

 

Weighted Average Remaining Contractual Life

 

 

Number

Exercisable

 

$

0.05

 

 

 

3,000,000

 

 

 

4.75

 

 

 

3,000,000

 

$

0.06

 

 

 

6,000,000

 

 

 

4.12

 

 

 

6,000,000

 

$

0.07

 

 

 

9,000,000

 

 

 

0.64

 

 

 

9,000,000

 

$

0.08

 

 

 

575,000

 

 

 

0.19

 

 

 

575,000

 

$

0.14

 

 

 

3,000,000

 

 

 

3.75

 

 

 

3,000,000

 

$

0.02

 

 

 

500,000

 

 

 

3.75

 

 

 

500,000

 

Summary of Warrants

 

 

Number of

Warrants

 

 

Exercise Price

Per Share

 

 

Weighted Average Exercise Price

 

 

Number of Warrants Exercisable

 

Outstanding as of December 31, 2019

 

 

9,700,000

 

 

$

0.07

 

 

$

0.07

 

 

 

9,700,000

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(3,400,000

)

 

 

0.12

 

 

 

0.12

 

 

 

(3,400,000

)

Outstanding as of September 30, 2020

 

 

6,300,000

 

 

$

0.05

 

 

$

0.05

 

 

 

6,300,000

 

Grant date

 

Number of

Warrants

 

 

Exercise Price

 

 

Contractual Life Remaining

 

Number of Shares Exercisable

 

April 2012

 

 

6,000,000

 

 

$

0.05

 

 

0.07 years

 

 

6,000,000

 

October 2015

 

 

300,000

 

 

$

0.05

 

 

0.01 years

 

 

300,000

 

 

 

 

6,300,000

 

 

 

 

 

 

 

 

 

6,300,000

 

XML 31 R22.htm IDEA: XBRL DOCUMENT v3.20.2
BASIS OF PRESENTATION (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
BASIS OF PRESENTATION (Details Narrative)                  
Accumulated loss $ (67,638,000)           $ (67,638,000)   $ (69,195,000)
Working capital deficit (1,513,000)           (1,513,000)    
Net income (loss) $ 1,761,000 $ 528,000 $ (732,000) $ 1,229,000 $ (908,000) $ (436,000) $ 1,557,000 $ (115,000)  
XML 32 R23.htm IDEA: XBRL DOCUMENT v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Total fair value [Member]    
Investment in equity securities $ 2,936,000 $ 1,045,000
Quoted prices in active markets for identical assets [Member] | (Level 1) [Member]    
Investment in equity securities 2,936,000 1,045,000
Significant other observable inputs [Member] | (Level 2) [Member]    
Investment in equity securities 0 0
Significant unobservable inputs [Member] | (Level 3) [Member]    
Investment in equity securities $ 0 $ 0
XML 33 R24.htm IDEA: XBRL DOCUMENT v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details 1) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Numerator:                
Net income (loss) $ 1,761,000 $ 528,000 $ (732,000) $ 1,229,000 $ (908,000) $ (436,000) $ 1,557,000 $ (115,000)
Denominator:                
Weighted-average basic shares outstanding 578,433,328     557,781,064     578,000,042 546,528,317
Effect of dilutive securities 18,022,917     40,105,000     18,022,917  
Weighted-average diluted shares 596,456,245     597,886,064     596,022,959 546,528,317
Basic earnings (loss) per share $ 0.00     $ 0.00     $ 0.00 $ (0.00)
Diluted earnings (loss) per share $ 0.00     $ 0.00     $ 0.00 $ (0.00)
XML 34 R25.htm IDEA: XBRL DOCUMENT v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
May 31, 2020
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2009
Proceeds from sale of assets held for sale $ 300,000     $ 300,000 $ 300,000 $ 300,000    
Cash FDIC insured amount   $ 250,000   $ 250,000        
Total Revenue Generate       100.00%        
Cash exceeding fedral insured limit   $ 210,000   $ 210,000   $ 0    
Sale of asset             $ 1,200,000  
Proceeds from sale of asset description       The remaining $900,000 will be collected during the next three years in equal increments on the anniversary date of the agreement, May 1.        
Impairment and adjustment of assets valuation             $ 1,200,000  
Income Tax Examination, Likelihood of Unfavorable Settlement       An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained.        
Weighted average number diluted shares   596,456,245 597,886,064 596,022,959 546,528,317      
Common Share [Member]                
Weighted average number diluted shares       46,397,917   40,105,000    
Imagion Biosystems, Inc., [Member]                
Issued and outstanding shares noncontrolling interest   6.00%   6.00%   31.00%    
Los Alamos National Security LLC [Member] | Patent license agreement [Member]                
Annual license fee               $ 10,000
XML 35 R26.htm IDEA: XBRL DOCUMENT v3.20.2
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details)
9 Months Ended
Sep. 30, 2020
USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details)  
Balance as of December 31, 2019 $ 1,045,000
Change due to the sale of securities in investment (184,000)
Change in the fair value of securities 2,075,000
Balance as of June 30, 2020 $ 2,936,000
XML 36 R27.htm IDEA: XBRL DOCUMENT v3.20.2
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details Narrative) - Imagion Biosystems, Inc., [Member] - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 25, 2020
Sep. 30, 2020
Mar. 31, 2020
Sep. 30, 2020
Dec. 31, 2019
Trading price per share   $ 0.055   $ 0.055  
Common stock owned shares   53,516,508   53,516,508  
Issued and outstanding shares noncontrolling interest   6.00%   6.00% 31.00%
Fair value of investment   $ 2,936,000   $ 2,936,000  
Restricted shares related to prepaid notes interests   1,000,000   1,000,000  
(Gain) on fair value adjustment of investments   $ 1,966,000   $ 2,075,000  
Descrpiton of equity method investment shareholders will be offered two new shares for every five shares held at March 30, 2020. With each new share, shareholders will receive a free attaching new option. The new option will have an exercise price of 3 cents (Australian currency) and term of three years        
Right to buy shares under equity method investment, shares     22,606,603    
Right to buy shares under equity method investment, amount     $ 13,813    
Proceeds from sale of common stock       $ 184,000  
Sale of common stock       7,000,000  
XML 37 R28.htm IDEA: XBRL DOCUMENT v3.20.2
NOTES PAYABLE (Details) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Notes payable $ 97,000 $ 78,000
Notes Payable [Member]    
Notes payable 150,000  
Less: Discounts on notes payable (53,000)  
Notes payable, net of discounts $ 97,000  
XML 38 R29.htm IDEA: XBRL DOCUMENT v3.20.2
NOTES PAYABLE (Details Narrative) - USD ($)
1 Months Ended 9 Months Ended
Oct. 17, 2019
Sep. 30, 2020
Sep. 30, 2019
Amortization of debt discount   $ 19,000 $ 0
Related Party [Member]      
Secured note $ 100,000    
Interest rate 10.00%    
Debt due date Oct. 17, 2022    
Shares issued in advance for debt 2,000,000    
Price per share $ 0.015    
Amortization of debt discount   13,000  
Individual [Member]      
Secured note $ 50,000    
Interest rate 10.00%    
Debt due date Oct. 17, 2022    
Shares issued in advance for debt 1,000,000    
Amortization of debt discount   $ 6,000  
Price per share $ 0.015    
XML 39 R30.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS (Details)
9 Months Ended
Sep. 30, 2020
$ / shares
shares
OPTIONS AND WARRANTS  
Number of Options, Outstanding Beginning Balance | shares 22,075,000
Number of Options, Granted | shares
Number of Options, Exercised | shares
Number of Options, Expired | shares
Number of Options, Outstanding Ending Balance | shares 22,075,000
Exercise Price Per Share  
Exercise Price Per Share, Beginning Balance | $ / shares $ 0.07
Exercise Price Per Share, Granted | $ / shares 0.00
Exercise Price Per Share, Exercised | $ / shares 0.00
Exercise Price Per Share, Expired | $ / shares 0.00
Exercise Price Per Share, Ending Balance | $ / shares 0.07
Weighted Average Exercise Price  
Weighted Average Exercise Price, Beginning Balance | $ / shares 0.07
Weighted Average Exercise Price, Granted | $ / shares 0.00
Weighted Average Exercise Price, Exercised | $ / shares 0.00
Weighted Average Exercise Price, Expired | $ / shares 0.00
Weighted Average Exercise Price, Ending Balance | $ / shares $ 0.07
Number of Options Exercisable  
Number of Options Exercisable,Outstanding Beginning Balance | shares 22,075,000
Number of Options Exercisable, Granted | shares
Number of Options Exercisable, Exercised | shares
Number of Options Exercisable, Expired | shares
Number of Options Exercisable,Outstanding Ending Balance | shares 22,075,000
XML 40 R31.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS (Details 1)
9 Months Ended
Sep. 30, 2020
$ / shares
shares
Number of Options Exercisable, Outstanding 6,300,000
Exercise Price 0.05 [Member]  
Number of Options, Outstanding 3,000,000
Weighted Average Remaining Contractual Life 4 years 8 months 30 days
Weighted Average Exercise Price | $ / shares $ 0.05
Number of Options Exercisable, Outstanding 3,000,000
Exercise Price 0.06 [Member]  
Number of Options, Outstanding 6,000,000
Weighted Average Remaining Contractual Life 4 years 1 month 13 days
Weighted Average Exercise Price | $ / shares $ 0.06
Number of Options Exercisable, Outstanding 6,000,000
Exercise Price 0.07 [Member]  
Number of Options, Outstanding 9,000,000
Weighted Average Remaining Contractual Life 8 months 9 days
Weighted Average Exercise Price | $ / shares $ 0.07
Number of Options Exercisable, Outstanding 9,000,000
Exercise Price 0.08 [Member]  
Number of Options, Outstanding 575,000
Weighted Average Remaining Contractual Life 2 months 9 days
Weighted Average Exercise Price | $ / shares $ 0.08
Number of Options Exercisable, Outstanding 575,000
Exercise Price 0.14 [Member]  
Number of Options, Outstanding 3,000,000
Weighted Average Remaining Contractual Life 3 years 8 months 30 days
Weighted Average Exercise Price | $ / shares $ 0.14
Number of Options Exercisable, Outstanding 3,000,000
Exercise Price 0.02 [Member]  
Number of Options, Outstanding 500,000
Weighted Average Remaining Contractual Life 3 years 8 months 30 days
Weighted Average Exercise Price | $ / shares $ 0.02
Number of Options Exercisable, Outstanding 500,000
XML 41 R32.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS (Details 2)
9 Months Ended
Sep. 30, 2020
$ / shares
shares
Number of Options, Granted | shares
Number of Options, Exercised | shares
Exercise Price Per Share, Granted $ 0.00
Exercise Price Per Share, Exercised 0.00
Weighted Average Exercise Price, Granted 0.00
Weighted Average Exercise Price, Exercised 0.00
Weighted Average Exercise Price, Ending Balance $ 0.07
Number of Options Exercisable, Granted | shares
Number of Options Exercisable, Exercised | shares
Warrants [Member]  
Number of Options, Outstanding Beginning Balance | shares 9,700,000
Number of Options, Granted | shares
Number of Options, Exercised | shares
Number of Options, Expired | shares (3,400,000)
Number of Options, Outstanding Ending Balance | shares 6,300,000
Exercise Price Per Share, Beginning Balance $ 0.07
Exercise Price Per Share, Granted 0.00
Exercise Price Per Share, Exercised 0.00
Exercise Price Per Share, Expired 0.12
Exercise Price Per Share, Ending Balance 0.05
Weighted Average Exercise Price, Beginning Balance 0.07
Weighted Average Exercise Price, Granted 0.00
Weighted Average Exercise Price, Exercised 0.00
Weighted Average Exercise Price, Expired 0.12
Weighted Average Exercise Price, Ending Balance $ 0.05
Number of Options Exercisable,Outstanding Beginning Balance | shares 9,700,000
Number of Options Exercisable, Granted | shares
Number of Options Exercisable, Exercised | shares
Number of Options Exercisable, Expired | shares (3,400,000)
Number of Options Exercisable,Outstanding Ending Balance | shares 6,300,000
XML 42 R33.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS (Details 3)
9 Months Ended
Sep. 30, 2020
$ / shares
shares
Number of Warrants, Outstanding Beginning Balance 6,300,000
Number of Shares Exercisable 6,300,000
April 2012 [Member]  
Number of Warrants, Outstanding Beginning Balance 6,000,000
Number of Shares Exercisable 6,000,000
Weighted average Exercise Price, Beginning Balance | $ / shares $ 0.05
Contractual Life Remaining 26 days
October 2015 [Member]  
Number of Warrants, Outstanding Beginning Balance 300,000
Number of Shares Exercisable 300,000
Weighted average Exercise Price, Beginning Balance | $ / shares $ 0.05
Contractual Life Remaining 4 days
XML 43 R34.htm IDEA: XBRL DOCUMENT v3.20.2
OPTIONS AND WARRANTS (Details Narrative) - shares
1 Months Ended 9 Months Ended
Jun. 30, 2020
Sep. 30, 2020
Stock option outstanding  
Stock Options [Member]    
Stock option outstanding 22,075,000  
XML 44 R35.htm IDEA: XBRL DOCUMENT v3.20.2
LICENSE AGREEMENT (Details Narrative)
9 Months Ended
Sep. 30, 2020
USD ($)
INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details Narrative)  
Minimum Royalty Payment $ 50,000
Royalty percentage on dental products 10.00%
License agreement term, description For a term of 17 years unless terminated sooner
Royalty percentage on other licensed products 5.00%
XML 45 R36.htm IDEA: XBRL DOCUMENT v3.20.2
COMMITMENTS AND CONTINGENCIES (Details Narrative)
9 Months Ended
Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS  
Lease term, description The lease could be cancelled at any time with three months written notice before April 2021, the anniversary date of the lease
XML 46 R37.htm IDEA: XBRL DOCUMENT v3.20.2
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)
1 Months Ended 9 Months Ended
Oct. 17, 2020
Oct. 17, 2019
Sep. 30, 2020
Dec. 31, 2019
Accrued expenses - related parties     $ 790,000 $ 583,750
Accrued expenses     1,276,000  
Director [Member]        
Secured Note   $ 100,000    
IBX [Member]        
Common Stock share $ 3,000,000      
price per Shares $ 0.015      
Debt due date Oct. 17, 2022 Oct. 17, 2022    
Unrelated Party [Member]        
Secured Note   $ 50,000    
Interest rate 10.00%      
Sole Officer [Member]        
Due to related parties     214,000  
Chairman [Member]        
Due to related parties     528,000  
Board of Director [Member]        
Due to related parties     $ 48,000  
XML 47 R38.htm IDEA: XBRL DOCUMENT v3.20.2
STOCKHOLDERS EQUITY (DEFICIT) (Details Narrative) - USD ($)
1 Months Ended
Aug. 21, 2020
Sep. 30, 2020
Dec. 31, 2019
Common Stock Shares Issued, Amount   $ 558,000 $ 558,000
Common Stock Shares Issued   557,781,064 557,781,064
Non-affiliated third party ("Third Party") [Member]      
Common Stock Shares Issued, Amount $ 23,850    
Monthly fee $ 2,500    
Common Stock Shares Issued 1,500,000    
Price Per Shares $ 0.016    
EXCEL 48 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 50 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 51 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.2 html 149 277 1 false 40 0 false 4 false false R1.htm 000001 - Document - Cover Sheet http://mhtx.com/role/Cover Cover Cover 1 false false R2.htm 000002 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS Sheet http://mhtx.com/role/CondensedConsolidatedBalanceSheets CONDENSED CONSOLIDATED BALANCE SHEETS Statements 2 false false R3.htm 000003 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://mhtx.com/role/CondensedConsolidatedBalanceSheetsParenthetical CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 000004 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Sheet http://mhtx.com/role/CondensedConsolidatedStatementsOfOperationsUnaudited CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Statements 4 false false R5.htm 000005 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) Sheet http://mhtx.com/role/CondensedConsolidatedStatementsOfStockholdersEquityDeficitUnaudited CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) Statements 5 false false R6.htm 000006 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Sheet http://mhtx.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Statements 6 false false R7.htm 000007 - Disclosure - BASIS OF PRESENTATION Sheet http://mhtx.com/role/BasisOfPresentation BASIS OF PRESENTATION Notes 7 false false R8.htm 000008 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS Sheet http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMatters SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS Notes 8 false false R9.htm 000009 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) Sheet http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystems INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) Notes 9 false false R10.htm 000010 - Disclosure - NOTES PAYABLE Notes http://mhtx.com/role/NotesPayable NOTES PAYABLE Notes 10 false false R11.htm 000011 - Disclosure - OPTIONS AND WARRANTS Sheet http://mhtx.com/role/OptionsAndWarrants OPTIONS AND WARRANTS Notes 11 false false R12.htm 000012 - Disclosure - LICENSE AGREEMENT Sheet http://mhtx.com/role/LicenseAgreement LICENSE AGREEMENT Notes 12 false false R13.htm 000013 - Disclosure - COMMITMENTS AND CONTIGENCIES Sheet http://mhtx.com/role/CommitmentsAndContigencies COMMITMENTS AND CONTIGENCIES Notes 13 false false R14.htm 000014 - Disclosure - RELATED PARTY TRANSACTIONS Sheet http://mhtx.com/role/RelatedPartyTransactions RELATED PARTY TRANSACTIONS Notes 14 false false R15.htm 000015 - Disclosure - STOCKHOLDERS EQUITY (DEFICIT) Sheet http://mhtx.com/role/StockholdersEquityDeficit STOCKHOLDERS EQUITY (DEFICIT) Notes 15 false false R16.htm 000016 - Disclosure - SUBSEQUENT EVENTS Sheet http://mhtx.com/role/SubsequentEvents SUBSEQUENT EVENTS Notes 16 false false R17.htm 000017 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Policies) Sheet http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersPolicies SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Policies) Policies 17 false false R18.htm 000018 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Tables) Sheet http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersTables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Tables) Tables http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMatters 18 false false R19.htm 000019 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Tables) Sheet http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystemsTables INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Tables) Tables http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystems 19 false false R20.htm 000020 - Disclosure - NOTES PAYABLE (Tables) Notes http://mhtx.com/role/NotesPayableTables NOTES PAYABLE (Tables) Tables http://mhtx.com/role/NotesPayable 20 false false R21.htm 000021 - Disclosure - OPTIONS AND WARRANTS (Tables) Sheet http://mhtx.com/role/OptionsAndWarrantsTables OPTIONS AND WARRANTS (Tables) Tables http://mhtx.com/role/OptionsAndWarrants 21 false false R22.htm 000022 - Disclosure - BASIS OF PRESENTATION (Details Narrative) Sheet http://mhtx.com/role/BasisOfPresentationDetailsNarrative BASIS OF PRESENTATION (Details Narrative) Details http://mhtx.com/role/BasisOfPresentation 22 false false R23.htm 000023 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details) Sheet http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersDetails SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details) Details http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersTables 23 false false R24.htm 000024 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details 1) Sheet http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersDetails1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details 1) Details http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersTables 24 false false R25.htm 000025 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details Narrative) Sheet http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersDetailsNarrative SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Details Narrative) Details http://mhtx.com/role/SummaryOfSignificantAccountingPoliciesAndRelatedMattersTables 25 false false R26.htm 000026 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details) Sheet http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystemsDetails INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details) Details http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystemsTables 26 false false R27.htm 000027 - Disclosure - INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details Narrative) Sheet http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystemsDetailsNarrative INVESTMENT IN EQUITY SECURITIES (IMAGION BIOSYSTEMS) (Details Narrative) Details http://mhtx.com/role/InvestmentInEquitySecuritiesImagionBiosystemsTables 27 false false R28.htm 000028 - Disclosure - NOTES PAYABLE (Details) Notes http://mhtx.com/role/NotesPayableDetails NOTES PAYABLE (Details) Details http://mhtx.com/role/NotesPayableTables 28 false false R29.htm 000029 - Disclosure - NOTES PAYABLE (Details Narrative) Notes http://mhtx.com/role/NotesPayableDetailsNarrative NOTES PAYABLE (Details Narrative) Details http://mhtx.com/role/NotesPayableTables 29 false false R30.htm 000030 - Disclosure - OPTIONS AND WARRANTS (Details) Sheet http://mhtx.com/role/OptionsAndWarrantsDetails OPTIONS AND WARRANTS (Details) Details http://mhtx.com/role/OptionsAndWarrantsTables 30 false false R31.htm 000031 - Disclosure - OPTIONS AND WARRANTS (Details 1) Sheet http://mhtx.com/role/OptionsAndWarrantsDetails1 OPTIONS AND WARRANTS (Details 1) Details http://mhtx.com/role/OptionsAndWarrantsTables 31 false false R32.htm 000032 - Disclosure - OPTIONS AND WARRANTS (Details 2) Sheet http://mhtx.com/role/OptionsAndWarrantsDetails2 OPTIONS AND WARRANTS (Details 2) Details http://mhtx.com/role/OptionsAndWarrantsTables 32 false false R33.htm 000033 - Disclosure - OPTIONS AND WARRANTS (Details 3) Sheet http://mhtx.com/role/OptionsAndWarrantsDetails3 OPTIONS AND WARRANTS (Details 3) Details http://mhtx.com/role/OptionsAndWarrantsTables 33 false false R34.htm 000034 - Disclosure - OPTIONS AND WARRANTS (Details Narrative) Sheet http://mhtx.com/role/OptionsAndWarrantsDetailsNarrative OPTIONS AND WARRANTS (Details Narrative) Details http://mhtx.com/role/OptionsAndWarrantsTables 34 false false R35.htm 000035 - Disclosure - LICENSE AGREEMENT (Details Narrative) Sheet http://mhtx.com/role/LicenseAgreementDetailsNarrative LICENSE AGREEMENT (Details Narrative) Details http://mhtx.com/role/LicenseAgreement 35 false false R36.htm 000036 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative) Sheet http://mhtx.com/role/CommitmentsAndContingenciesDetailsNarrative COMMITMENTS AND CONTINGENCIES (Details Narrative) Details 36 false false R37.htm 000037 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative) Sheet http://mhtx.com/role/RelatedPartyTransactionsDetailsNarrative RELATED PARTY TRANSACTIONS (Details Narrative) Details http://mhtx.com/role/RelatedPartyTransactions 37 false false R38.htm 000038 - Disclosure - STOCKHOLDERS EQUITY (DEFICIT) (Details Narrative) Sheet http://mhtx.com/role/StockholdersEquityDeficitDetailsNarrative STOCKHOLDERS EQUITY (DEFICIT) (Details Narrative) Details http://mhtx.com/role/StockholdersEquityDeficit 38 false false All Reports Book All Reports mhtx-20200930.xml mhtx-20200930.xsd mhtx-20200930_cal.xml mhtx-20200930_def.xml mhtx-20200930_lab.xml mhtx-20200930_pre.xml http://xbrl.sec.gov/dei/2019-01-31 http://fasb.org/us-gaap/2019-01-31 http://fasb.org/srt/2019-01-31 true true ZIP 53 0001477932-20-006656-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001477932-20-006656-xbrl.zip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end