XML 26 R13.htm IDEA: XBRL DOCUMENT v3.22.2.2
Sharebased payments
9 Months Ended
Sep. 30, 2022
Sharebased payments  
Share-based payments

Note 7 – Share-based payments

 

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, 2021

 

 

10,700,000

 

 

$0.02

 

 

 

1.7

 

 

$259,580

 

Granted

 

 

--

 

 

 

--

 

 

 

--

 

 

 

--

 

Forfeited or expired

 

 

800,000

 

 

 

0.03

 

 

 

--

 

 

 

--

 

Outstanding, September 30, 2022

 

 

9,900,000

 

 

 

0.02

 

 

 

1.0

 

 

 

1,250

 

Exercisable, September 30, 2022

 

 

9,900,000

 

 

$0.02

 

 

 

1.0

 

 

$1,250