Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.22.2.2
Equity (Tables)
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of common stock issuable upon exercise of options outstanding
Options Outstanding     Options Exercisable  
Range of
Exercise Price
    Number
Outstanding at
September 30,
2022
    Weighted Average
Remaining
Contractual Life
(Years)
    Weighted
Average
Exercise
Price
    Number
Exercisable at
September 30,
2022
    Weighted
Average
Exercise
Price
 
$ 0.50 – 0.82       2,660,000       4.23     $ 0.56       2,440,000     $ 0.55  
  1.00 – 1.93       2,895,000       4.15       1.38       2,895,000       1.38  
  2.00 – 2.80       2,560,000       1.12       2.15       2,560,000       2.15  
  4.76       30,000       1.51       4.76       30,000       4.76  
$ 0.50 – 4.76       8,145,000       3.21     $ 1.37       7,925,000     $ 1.38  

 

Schedule of stock option activities
    Number of
Options
    Weighted
Average
Exercise
Price
 
Outstanding at January 1, 2022     7,725,000     $ 1.45  
Granted     660,000       0.73  
Expired/forfeited/exercised     (240,000 )     (2.26 )
Outstanding at September 30, 2022     8,145,000     $ 1.37  
Options exercisable at September 30, 2022     7,925,000     $ 1.38  
Options expected to vest     220,000     $ 0.68  

 

Schedule of company’s nonvested stock options granted
    Number of
Options
    Weighted
Average
Exercise
Price
 
Nonvested at January 1, 2022     205,834     $ 1.04  
Granted     660,000       0.73  
Vested     (645,834 )     (0.85 )
Nonvested at September 30, 2022     220,000     $ 0.68  

 

Schedule of stock warrant activities
    Number of
Warrants
    Exercise
Price
 
Outstanding at January 1, 2022    
-
    $
-
 
Issued     1,239,647       1.25  
Expired/exercised    
-
     
-
 
Outstanding and exercisable at September 30, 2022     1,239,647     $ 1.25  

 

Schedule of common stock issuable upon exercise of warrants outstanding
Warrants Outstanding     Warrants Exercisable  
Exercise Price     Number
Outstanding at
September 30,
2022
    Weighted Average
Remaining
Contractual Life
(Years)
    Number
Exercisable at
September 30,
2022
    Exercise
Price
 
$ 1.25       1,239,647       4.56       1,239,647     $ 1.25