WARRANTS (Tables)

9 Months Ended

Sep. 30, 2020

Warrants

Schedule of common stock warrants outstanding

The following table summarizes information about common stock warrants outstanding at September 30, 2020:

Outstanding							Exercisable
				Weighted
				Average	Weighted				Weighted
				Remaining	Average				Average
Exercise		Number		Contractual	Exercise		Number		Exercise
Price		Outstanding		Life (Years)	Price		Exercisable		Price
$	-		6,500	3.50	$	-		6,500	$	-
$	0.88		281,250	4.52	$	0.88		281,250	$	0.88
$	1.07		400,000	4.66	$	1.07		400,000	$	1.07
$	1.14		144,928	4.44	$	1.14		144,928	$	1.14
$	1.16		95,238	4.65	$	1.16		95,238	$	1.16
$	1.17		157,143	4.53	$	1.17		157,143	$	1.17
$	1.19		277,778	4.41	$	1.19		277,778	$	1.19
$	1.21		90,909	4.56	$	1.21		90,909	$	1.21
$	1.43		1,700,361	4.36	$	1.43		1,700,361	$	1.43
$	2.43		361,991	1.16	$	2.43		361,991	$	2.43
$	8.00		397	1.09	$	8.00		397	$	8.00
$	8.80		25,000	3.75	$	8.80		25,000	$	8.80
$	12.00		12,500	3.61	$	12.00		12,500	$	12.00
$	19.80		15,555	3.50	$	19.80		15,555	$	19.80
$	440.00		355	2.11	$	440.00		355	$	440.00
$	480.00		94	2.58	$	480.00		94	$	480.00
$	528.00		186	2.09	$	528.00		186	$	528.00
$	560.00		2,657	2.12	$	560.00		2,657	$	560.00
$	600.00		170	1.62	$	600.00		170	$	600.00
$	640.00		200	1.57	$	640.00		200	$	640.00
$	752.00		9,614	2.62	$	752.00		9,614	$	752.00
$	800.00		350	2.19	$	800.00		350	$	800.00
$	880.00		947	0.92	$	880.00		947	$	880.00
$	920.00		2,126	2.49	$	920.00		2,126	$	920.00
$	1,040.00		1,243	2.54	$	1,040.00		1,243	$	1,040.00
$	1,760.00		781	2.31	$	1,760.00		781	$	1,760.00
$	1,800.00		140	2.32	$	1,800.00		140	$	1,800.00
$	2,000.00		203	2.32	$	2,000.00		203	$	2,000.00
$	0.88 - $2,000.00		3,588,616	4.09	$	5.91		3,588,616	$	5.91

Schedule of option pricing

The Company utilized the Black-Scholes option pricing model and the assumptions used during the nine months ended September 30, 2020 and 2019:

	Nine Months Ended
	September 30, 2020		September 30, 2019
Weighted average risk free interest rate		0.17% — 1.38%		1.75% — 2.28%
Weighted average life (in years)		1.42 — 5		5.0
Volatility		86.3% — 103.1%		85.5% —87.5%
Expected dividend yield		0%		0%
Weighted average grant-date fair value per share of warrants granted	$	1.39	$	10.34