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Stockholders' Equity (Deficit) (Tables)
9 Months Ended
Sep. 30, 2021
Stockholders' Equity Note [Abstract]  
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]

The following table summarizes the options outstanding on September 30, 2021, and the related prices for the options to purchase shares of the Company’s common stock:

 

                   

Weighted

           

Weighted

 
           

Weighted

   

average

           

average

 
           

average

   

exercise

           

exercise

 

Range of

 

Number of

   

remaining

   

price of

   

Number of

   

price of

 

exercise

 

options

   

contractual

   

outstanding

   

options

   

exercisable

 

Prices

 

outstanding

   

life (years)

   

options

   

exercisable

   

options

 

$0.03-$0.39

    18,386,211       9.32     $ 0.20       5,052,000     $ 0.10  

 

Share-based Payment Arrangement, Option, Activity [Table Text Block]

Transactions involving stock options are summarized as follows:

 

   

Shares

   

Weighted- Average

Exercise Price ($)

 

Outstanding on December 31, 2020

    13,453,879     $ 0.03  

Granted

    13,585,000       0.27  

Exercised

    (8,652,668

)

    0.03  

Outstanding on September 30, 2021

    18,386,211     $ 0.20  

 

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The Black-Scholes option pricing model is used to estimate the fair value of stock options granted under the Company’s share-based compensation plans. The weighted average assumptions used in calculating the fair values of stock options as of September 30, 2021, was as follows:

 

   

September 30,

 
   

2021

 

Volatility

    161.0% to 183.5

%

Dividends

  $ -  

Risk-free interest rates

    0.82 % to 1.69

%

Term (years)

    5.00 to 10.00  

 

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

The following table summarizes the warrants outstanding on September 30, 2021, and the related prices for the warrants to purchase shares of the Company’s common stock:

 

   

Shares

   

Weighted- Average

Exercise Price ($)

 
                 

Outstanding on December 31, 2020

    -     $ -  

Granted

    12,600,000     $ 0.63  

Exercised

    -     $ -  

Outstanding on September 30, 2021

    12,600,000     $ 0.63