Stockholders’ Equity (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Schedule of Equity Compensation Plan Information

Equity Compensation Plan Information as of March 31, 2023:

	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		3,467,647	$	0.0400		21,532,353
Equity Compensation Plans Not Approved by Security Holders		230,971,520		0.0362		—
Total		234,439,167	$	0.0362		21,532,353

Schedule of Valuation Assumptions of Options

The Company uses the Black-Scholes option-pricing model to estimate the fair value of its stock option awards and warrant issuances. The calculation of the fair value of the awards using the Black-Scholes option-pricing model is affected by the Company’s stock price on the date of grant as well as assumptions regarding the following:

	Three Months ended March 31,
	2023			2022
Expected volatility		172.0% - 346.4	%		172.0 – 346.4	%
Expected term		1.50 – 5.0 Years			1.5 – 5.0 Years
Risk-free interest rate		0.16% - 4.64	%		0.16% - 2.10	%
Forfeiture rate		0.17	%		0.03	%

Schedule of Outstanding Stock Option Activity

A summary of the status of the Company’s outstanding stock options as of March 31, 2023 and December 31, 2022 and changes during the periods ending on such dates is as follows:

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of Options			Exercise Price		Contractual Life in Years		Intrinsic Value
Outstanding at December 31, 2021		233,128,266		$	0.0362		2.23
Granted		5,710,901			0.0281
Forfeited		(400,000	)		0.0354
Exercised		-			-
Cancelled					-
Outstanding – December 31, 2022		238,439,167		$	0.0360		1.43
Exercisable – December 31, 2022		111,558,754		$	0.0321		1.33	$	68,994
Granted		-			-
Forfeited		(4,000,000	)		0.0229
Exercised		-			-
Cancelled		-			-
Outstanding – March 31, 2023		234,439,167		$	0.0362		1.21
Exercisable – March 31, 2023		107,790,004		$	0.0325		1.14	$	265,633

Summary of Exercise Price of Employee Stock Options Outstanding

The following table summarizes information about employee stock options outstanding at March 31, 2023.

Range of Exercise Price		Number outstanding at December 31, 2022		Weighted average remaining life		Weighted average exercise price		Number exercisable at December 31, 2022		Weighted average exercise price		Weighted average remaining life
$	0.018 - $0.0225		70,730,020		2.00	$	0.0182		45,730,020	$	0.0181		1.62
$	0.0229 - $0.0325		5,093,254		4.27	$	0.0268		5,024,504	$	0.0267		4.29
$	0.0360 - $0.0425		25,530,893		3.32	$	0.0398		6,166,730	$	0.0396		3.26
$	0.0440 - $0.0531		133,085,000		0.28	$	0.0455		50,868,750	$	0.0450		0.12
	Outstanding options		234,439,167		1.21		0.0362		107,790,004		0.0325		1.14

Schedule of Warrant Activity

A summary of the Company’s warrants as of December 31, 2022 and changes during the three months ended March 31, 2023 is presented below:

	Number of Warrants		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life in Years		Aggregate Intrinsic Value
Outstanding – December 31, 2022		18,255,951	$	0.0245		1.55	$	12,000
Granted		11,428,570	$	0.0175
Exercised
Forfeited or Expired		-
Outstanding – March 31, 2023		29,684,521	$	0.0247		1.52
Exercisable – March 31, 2023		29,684,521	$	0.0247		1.52	$	109,714