Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS (Tables)

v3.21.2
STOCK OPTIONS (Tables)
9 Months Ended
Sep. 30, 2021
Share-based Payment Arrangement [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

The following table presents the Company’s stock option activity for employees and directors of the Company during the periods of three and nine months ended September 30, 2021 and 2020:

    Number of Options     Weighted Average Exercise Price  
   

Unaudited

   

Unaudited

 
             
Outstanding as of July 1, 2021     2,545,083       0.095  
Granted     13,750,000       0.030  
Forfeited or expired     -          -  
Outstanding as of September 30, 2021     16,295,083       0.040  
Exercisable as of September 30, 2021     509,017       0.095  

 

Outstanding as of January 1, 2021     3,682,818       0.066  
Granted     13,750,000       0.030  
Forfeited or expired     (1,137,735 )     0.003  
Outstanding as of September 30, 2021     16,295,083       0.040  

 

Outstanding as of July 1, 2020     2,267,571       0.061  
Granted     2,545,083       0.095  
Forfeited or expired     (1,129,836 )     0.120  
Outstanding as of September 30, 2020     3,682,818       0.066  
Exercisable as of September 30, 2020     1,137,735       0.003  

 

Outstanding as of January 1, 2020     2,267,571       0.061  
Granted     2,545,083       0.095  
Forfeited or expired     (1,129,836 )     0.120  
Outstanding as of September 30, 2020     3,682,818       0.066