Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation (Tables)

v3.21.1
Stock Based Compensation (Tables)
12 Months Ended
Dec. 31, 2020
Stock Based Compensation  
Schedule of stock option activity

 

 

 

Number of

Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Life (years)

 

 

Aggregate

Intrinsic

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

9,161,510

 

 

$ 1.15

 

 

 

2.00

 

 

$ -

 

Grants

 

 

4,700,000

 

 

 

0.27

 

 

 

5.00

 

 

 

-

 

Expirations

 

 

(1,308,184 )

 

 

0.27

 

 

 

-

 

 

 

-

 

December 31, 2019

 

 

12,553,326

 

 

$ 0.55

 

 

 

4.02

 

 

$ 927

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Grants

 

 

4,425,000

 

 

$ 0.38

 

 

 

4.73

 

 

$ -

 

Exercised

 

 

(1,500 )

 

 

0.17

 

 

 

-

 

 

 

-

 

Expirations

 

 

(758,500 )

 

 

0.68

 

 

 

-

 

 

 

-

 

December 31, 2020

 

 

16,218,326

 

 

$ 0.50

 

 

 

3.57

 

 

$ 3,588,631

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options exercisable at:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

12,563,326

 

 

$ 0.55

 

 

 

4.02

 

 

$ 927

 

December 31, 2020

 

 

16,093,326

 

 

$ 0.50

 

 

 

3.56

 

 

$ 3,532,381

 

Schedule of options granted

 

 

December 31, 2020

 

 

December 31, 2019

 

Exercise price

 

$0.19 - $0.58

 

 

$0.25-$0.27

 

Expected dividends

 

 

0%

 

 

0%

Expected volatility

 

84% - 103%

 

 

100% - 109%

 

Risk free interest rate

 

0.30 - 0.37%

 

 

1.73 - 3%

 

Expected life

 

4.12-5 years

 

 

5 years