Common Stock Warrants (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of Stock Warrants Outstanding and Exercisable

Additional information regarding common stock warrants outstanding and exercisable as of March 31, 2023 is as follows:

Warrant				Remaining
Exercise		Warrants		Contractual		Warrants
Price		Outstanding		Life (in years)		Exercisable
$	0.175		14,285,714		1.7		14,285,714
	0.50		6,318,552		3.7		6,318,552
	1.00		300,000		1.0		300,000
	1.50		400,000		3.8		400,000
	1.53		180,000		1.4		180,000
	2.50		250,000		3.8		250,000
	2.75		250,000		3.8		250,000
	Total		21,948,266				21,948,266

Common Stock Warrant [Member]

Schedule of Stock Warrants Activity

The following table summarizes common stock warrant activity during the three months ended March 31, 2023:

	Common Stock Warrants		Weighted Average Exercise Price
Outstanding at December 31, 2022		21,984,266	$	0.37
Granted		—		—
Exercised		—		—
Forfeited/Cancelled		—		—
Outstanding at March 31, 2023		21,984,266	$	0.37	(1)
Exercisable at December 31, 2022		21,984,266	$	0.37
Exercisable at March 31, 2023		21,984,266	$	0.37

⁽¹⁾ On March 29, 2022, the Company offered 16 warrant holders replacement warrants with an exercise price of $1.50 per common share, in exchange for any warrants exercised at this time at the exercise price of $1.50 per common share. The issuance of replacement warrants has the effect of resetting the conversion price of all outstanding shares of Series C preferred stock to $1.50 per common share and resetting the exercise price of all outstanding warrants to $1.50 per common share in instances where those conversion and exercise prices are above $1.50.