XML 19 R18.htm IDEA: XBRL DOCUMENT v3.20.1
Shareholders' Deficit (Tables)
3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of stock options by exercise price range
Options Outstanding and Exercisable at March 31, 2020 
Range of
Exercise Prices
  Number 
Exercisable
   Weighted 
Remaining 
Contractual 
Life
  Weighted 
Average 
Exercise 
Price
   Aggregate 
Intrinsic
Value (1)
 
$0.40 to $0.60   750,000   .5 years  $0.64   $ 
$0.61 to $1.00   9,800,000   .4 years  $0.67   $ 
$1.01 to $1.50   14,500,000   .5 years  $1.25   $ 
$1.51 to $2.25   3,000,000   1.0 years  $1.63   $ 
$0.40 to $2.25   28,050,000   .6 years  $1.07   $ 

 

(1) The aggregate intrinsic value in the table represents the difference between the closing stock price on March 31, 2020 and December 31, 2019, and the exercise price, multiplied by the number of in-the-money options that would have been received by the option holders had all option holders exercised their options on March 31, 2020 and December 31, 2019.
Schedule of stock warrants outstanding
   Number   Weighted 
Average 
Exercise 
Price
   Range 
of 
Exercise 
Price
   Weighted 
Remaining 
Contractual 
Life (1)
 
Outstanding at December 31, 2018   4,865,640   $0.77   $0.20 – 1.23     1.5 years 
Granted                   
Cancelled or expired   ---                
Exercised                   
Outstanding and exercisable at December 31, 2019   4,865,640    0.84    0.20 --1.23    1.5 years 
                     
Granted                    
Cancelled or expired   (100,000)   0.20    0.20 – 0.20      
Outstanding and exercisable at March 31, 2020   4,765,640   $0.84   $0.89 - 1.23        0.5 years 

 

(1)The aggregate intrinsic value of the 4,765,640 and 4,865,640 outstanding and exercisable warrants at March 31, 2020 and December 31, 2019, respectively, was $0. The intrinsic value is the difference between the closing stock price on March 31, 2020 and December 31, 2019 and the exercise price, multiplied by the number of in-the-money warrants had all warrant holders exercised their warrants on March 31, 2020 and December 31, 2019.