Share-based payments

9 Months Ended

Sep. 30, 2020

Share-based payments

Note 7 - Share-based payments

Amounts recognized as expense in the consolidated statements of operations related to share-based payments are as follows:

	Nine months ended September 30,
	2020			2019
Nonemployee warrants - fully-vested upon issuance	$	--		$	32,624
Total share-based expense charged against income	$	--		$	32,624
Impact on net loss per common share:
Basic and diluted	$	(0.00	)	$	(0.00	)

Nonemployee common stock warrants -- Fully-vested upon issuance

Cool Technologies may issue fully vested common stock warrants with a maximum contractual term of 5 years to non-employees in return for services or to satisfy liabilities, such as accrued interest. The following summarizes the activity for common stock warrants that were fully vested upon issuance:

	Number of Warrants			Weighted- average Exercise Price		Weighted- average Remaining Life (Years)		Aggregate Intrinsic Value
Outstanding, December 31, 2019		9,735,836			0.36		1.3	$	2,000
Granted		--			--		--		--
Forfeited or expired		(3,319,333	)		--		--		--
Outstanding, September 30, 2020		6,416,503			0.08		1.1	$	20,750
Exercisable, September 30, 2020		6,416,503			0.08		1.1	$	20,750