Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.19.2
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2019
Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Black-Scholes option-pricing model
Significant assumptions:      
Risk-free interest rate at grant date     2.38 %
Expected stock price volatility     184.78 %
Expected dividend payout     -  
Expected option life-years     6.5 years  
Weighted average grant date fair value   $ 0.15  
Forfeiture rate     0 %
Performance-based options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of outstanding options

 

    Options Outstanding Number of Shares     Exercise Price per Share     Weighted Average Remaining Contractual Life     Weighted Average Exercise Price per Share  
Balance at December 31, 2018     15,425,000     $ 0.25 - 0.40       5.67 years       $ 0.27  
Granted                    
Cancelled     (8,600,000 )   0.25 - 0.40       7.57 years         0.31  
Expired                    
Balance at June 30, 2019     6,825,000     $ 0.25 - 0.40       3.27 years       $ 0.23  
                             
Exercisable December 31, 2018     3,175,000     $ 0.25 - 0.40       3.74 years       $ 0.40  
Exercisable June 30, 2019     3,175,000     $ 0.25 - 0.40       3.68 years       $ 0.40  
Services Based Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of outstanding options

 

    Options Outstanding Number of Shares     Exercise Price per Share     Weighted Average Remaining Contractual Life     Weighted Average Exercise Price per Share  
Balance at December 31, 2018     13,820,000       $ 0.20 - 0.40       4.84 years     $ 0.26  
Granted     500,000     $0.23       9.70 years       0.23  
Cancelled     (25,000 )   $0.40       8.26 years       0.40  
Expired                        
Balance at June 30, 2019     14,295,000       $ 0.20 - 0.40       5.00 years     $ 0.26  
                                 
Exercisable December 31, 2018     10,805,416       $ 0.20 - 0.40       3.89 years     $ 0.24  
Exercisable June 30, 2019     11,467,916       $ 0.20 - 0.40       4.13 years     $ 0.25
Warrant [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of outstanding options

 

    Warrants Outstanding Number of Shares     Exercise Price per Share     Weighted Average Remaining Contractual Life     Weighted Average Exercise Price per Share  
Balance at December 31, 2018     5,225,533     $ 0.20 - 0.50     3.25 years     $ 0.35  
Granted     1,086,957     $0.28     9.87 years       0.28  
Exercised                    
Expired                    
Balance at June 30, 2019     6,312,490     $ 0.20 - 0.50     4.39 years     $ 0.34  
                             
Exercisable December 31, 2018     5,225,533     $ 0.20 - 0.50     3.27 years     $ 0.35  
Exercisable June 30, 2019     5,248,178     $ 0.20 - 0.50     3.25 years     $ 0.35