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STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
SCHEDULE OF COMMON STOCK WARRANTS

The following schedule summarizes the changes in the Company’s common stock warrants:

 

       Weighted       Weighted 
   Warrants Outstanding   Average       Average 
   Number   Exercise   Remaining   Aggregate   Exercise 
   Of   Price   Contractual   Intrinsic   Price 
   Shares   Per Share   Life   Value   Per Share 
                     
Balance at December 31, 2021   437,691   $0.008 - $16.00    2.69 years   $1,185,798   $5.36 
                          
Warrants granted   -   $-    -        $ 
Warrants exercised   (179,506)  $-    -        $ 
Warrants expired/cancelled   (12,500)  $-    -        $ 
                          
Balance at June 30, 2022   245,685   $0.008 - $16.00    2.63 years   $199,797   $8.76 
Exercisable at June 30, 2022   220,044   $0.008 - $16.00    2.74 years   $94,872   $9.78 
                          
Balance at December 31, 2020   166,159   $0.008    3.87 years   $2,125,506   $0.008 
Warrants granted   380,323   $0.008-16.00    -        $ 
Warrants exercised/exchanged   (56,400)  $-    -        $ 
Warrants expired/cancelled   (52,391)  $-    -        $ 
                          
Balance at December 31, 2021   437,691   $0.008-16.00    2.69 years   $1,185,798   $5.36 
                          
Exercisable at December 31, 2021   369,189   $0.008-16.00    2.79 years   $830,785   $6.40 
SCHEDULE OF EACH OPTION WARRANT ESTIMATED USING THE BLACK-SCHOLES VALUATION MODEL

 

  

Six Months

Ended

June 30, 2022

  

Year Ended

December 31, 2021

 
Expected term   -    3 years 
Expected volatility   -%   164-269% 
Expected dividend yield   -    - 
Risk-free interest rate   -%   2.00%
SUMMARY OF STOCK OPTION

The following represents a summary of options:

 

  

Six Months Ended

June 30, 2022

  

Year Ended

December 31, 2021

 
   Number  

Weighted Average Exercise

Price

   Number   Weighted Average Exercise Price 
Beginning balance   491,250   $0.0416    491,250   $0.0416 
                     
Granted   -    -    -    - 
Exercised   -    -    -    - 
Forfeited   -    -    -    - 
Expired   -    -    -    - 
Ending balance   491,250   $0.0416    491,250   $0.0416 
Intrinsic value of options  $2,011,559        $2,533,975      
                     
Weighted Average Remaining Contractual Life (Years)   8.31         8.81