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Shareholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of Equity Compensation Plan Information

Equity Compensation Plan Information as of March 31, 2022:

 

   Number of securities to be issued upon exercise of outstanding options, warrants and rights (a)   Weighted – average exercise price of outstanding options, warrants and rights (b)   Number of securities remaining available for future issuances under equity compensation plans (excluding securities reflected in column (a) (c) 
Equity Compensation Plans Approved by Security Holders   2,200,000   $.0431    22,800,000 
Equity Compensation Plans Not Approved by Security Holders            
Total   2,200,000   $.0434    22,800,000 
Schedule of Option Activity

A summary of the Company’s outstanding stock options as of December 31, 2021, and changes during the three months ended March 31, 2022 is presented below:

 

   Number of
Options
   Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
Life in Years
   Aggregate
Intrinsic
Value
 
Outstanding – December 31, 2021   233,128,266   $0.0362    2.23   $795,201 
Granted   75,000    0.0320           
Forfeited                    
Exercised   -    -           
Outstanding – March 31, 2022 (unaudited)   233,203,266   $0.0362    1.98      
Exercisable – March 31, 2022 (unaudited)   101,333,874   $0.0326    1.81   $1,063,526 
Schedule of Warrants Activity

A summary of the Company’s warrants as of December 31, 2021 and changes during the three months ended March 31, 2022 is presented below:

 

  Number of Warrants   Weighted Average Exercise Price   Weighted Average Remaining Contractual Life in Years   Aggregate Intrinsic Value 
Outstanding – December 31, 2021   14,600,000   $0.025    1.67   $153,300 
Granted                    
Exercised   (10,600,000)  $0.025           
Forfeited or Expired   -                
Outstanding – March 31, 2022   4,000,000   $0.025    1.44      
Exercisable – March 31, 2022   4,000,000   $0.025    1.44   $64,400