Stockholders’ Equity (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
Class of Warrant or Right [Line Items] |
|
Schedule of Warrants Outstanding |
Common
stock warrant transactions for the six months ended June 30, 2023 were as follows:
Schedule of Warrant Activity
|
|
Number of |
|
|
Weighted Average |
|
|
|
Warrants |
|
|
Exercise Price |
|
Warrant outstanding at December 31, 2022: |
|
|
2,337,274 |
|
|
$ |
5.30 |
|
Granted |
|
|
9,790,000 |
|
|
|
0.71 |
|
Forfeited/canceled |
|
|
(78,394 |
) |
|
|
3.40 |
|
Exercised |
|
|
(2,900,000 |
) |
|
|
0.0001 |
|
Warrants outstanding at June 30, 2023 |
|
|
9,148,880 |
|
|
$ |
2.11 |
|
Warrants exercisable at June 30, 2023 |
|
|
2,258,880 |
|
|
$ |
5.45 |
|
|
Schedule of Options Activity |
Common
stock option transactions for the six months ended June 30, 2023 were as follows:
Schedule
of Options Activity
|
|
Number of |
|
|
Weighted Average |
|
|
|
Options |
|
|
Exercise Price |
|
Options outstanding at December 31, 2022 |
|
|
1,630,452 |
|
|
$ |
2.57 |
|
Granted |
|
|
2,500,000 |
|
|
|
0.75 |
|
Forfeited/canceled |
|
|
(392,500 |
) |
|
|
2.81 |
|
Exercised |
|
|
- |
|
|
|
- |
|
Options outstanding at June 30, 2023 |
|
|
3,737,952 |
|
|
$ |
1.32 |
|
Options vested and exercisable at June 30, 2023 |
|
|
2,177,891 |
|
|
$ |
1.71 |
|
|
Schedule of Stock Granted Assumptions |
Schedule
of Stock Granted Assumptions
Stock price |
|
$ |
$0.35 - $0.85 |
|
Risk-free interest rate |
|
|
3.62% - 3.99 |
% |
Expected volatility |
|
|
120.81% - 123.61 |
% |
Expected life (in years) |
|
|
5.3 |
|
Expected dividend yield |
|
|
- |
|
|
Schedule of Options Outstanding |
Options
outstanding as of June 30, 2023 are exercisable as follows:
Schedule
of Options Outstanding
|
|
|
|
|
Options Outstanding |
|
|
|
Options Exercisable |
|
Range of Exercise Price |
|
|
|
Number Outstanding |
|
|
|
Weighted Average Remaining Contractual Life (Years) |
|
|
|
Weighted Average Exercise Price
|
|
|
|
Number Exercisable |
|
|
|
Weighted Average Exercise Price
|
|
$ |
2.48 |
|
|
|
1,237,952 |
|
|
|
9.0 |
|
|
$ |
2.48 |
|
|
|
1,154,081 |
|
|
$ |
2.48 |
|
|
0.85 |
|
|
|
2,000,000 |
|
|
|
9.6 |
|
|
|
0.85 |
|
|
|
1,000,000 |
|
|
|
0.85 |
|
|
0.35 |
|
|
|
500,000 |
|
|
|
9.9 |
|
|
|
0.35 |
|
|
|
23,810 |
|
|
|
0.35 |
|
|
|
|
|
|
3,737,952 |
|
|
|
|
|
|
|
|
|
|
|
2,177,891 |
|
|
|
|
|
|
Warrants [Member] |
|
Class of Warrant or Right [Line Items] |
|
Schedule of Warrants Outstanding |
Warrants
outstanding as of June 30, 2023 are exercisable as follows:
Schedule
of Warrants Outstanding
|
|
|
|
|
Warrants Outstanding |
|
|
|
Warrants Exercisable |
|
|
Range of Exercise Price |
|
|
|
Number Outstanding |
|
|
|
Weighted Average Remaining Contractual Life (Years) |
|
|
|
Weighted Average Exercise Price |
|
|
|
Number Exercisable |
|
|
|
Weighted Average Exercise Price
|
|
|
$1.00 – 1.25 |
|
|
|
6,890,000 |
|
|
|
5.0 |
|
|
$ |
1.01 |
|
|
|
- |
|
|
$ |
- |
|
|
3.40 – 5.50 |
|
|
|
2,258,880 |
|
|
|
2.6 |
|
|
|
5.45 |
|
|
|
2,258,880 |
|
|
|
5.45 |
|
|
|
|
|
|
9,148,880 |
|
|
|
|
|
|
|
|
|
|
|
2,258,880 |
|
|
|
|
|
|