Quarterly report pursuant to Section 13 or 15(d)

STOCK BASED COMPENSATION (Tables)

v3.22.1
STOCK BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2022
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 months ended March 31, 2022 and 2021:

 

    Number of Options    

Weighted

Average

Exercise Price

 
    Unaudited     Unaudited  
Outstanding as of January 1, 2022     16,295,083       0.040  
Granted     -       -  
Forfeited or expired     -       -  
Outstanding as of March 31, 2022     16,295,083       0.040  
Exercisable as of March 31, 2022     2,138,525       0.053  
                 
Outstanding as of January 1, 2021     3,682,818       0.663  
Granted     -       -  
Forfeited or expired     (1,137,735 )     0.003  
Outstanding as of March 31, 2021     2,545,083       0.095  
Exercisable as of March 31, 2021     254,508       0.095  
SCHEDULE OF RESTRICTED STOCK UNITS

 

    Number of
RSU’s
 
    Unaudited  
Outstanding as of January 1, 2022     41,967,152  
Granted     10,000,000  
Vested     (3,782,699 )
Forfeited or expired     -  
Outstanding as of March 31, 2022   48,184,453  
Weighted average grant date fair value of restricted stock awards granted during the period   0.029  
         
Outstanding as of January 1, 2021     9,687,500  
Granted     -  
Vested     (1,562,500 )
Forfeited or expired     -  
Outstanding as of March 31, 2021   8,125,000