Annual report pursuant to Section 13 and 15(d)

Common Stock Options (Tables)

v3.23.1
Common Stock Options (Tables)
 12 Months Ended
Dec. 31, 2022
Common Stock Options  
Schedule of Option Exercise Price Range

The following is a summary of information about the Stock Options outstanding at December 31, 2022.

 

      Shares Underlying  
Shares Underlying Options Outstanding     Options Exercisable  
            Weighted                    
      Shares     Average     Weighted     Shares     Weighted  
      Underlying     Remaining     Average     Underlying     Average  
Range of     Options     Contractual     Exercise     Options     Exercise  
  Exercise Prices       Outstanding       Life       Price       Exercisable       Price  
$ 0.13 - $0.56       10,242,000       8.05 years     $ 0.15       9,113,528     $ 0.15  
Schedule of Option Activity

The following is a summary of activity of outstanding stock options:

 

          Weighted  
          Average  
    Number     Exercise  
    of Shares     Prices  
Balance, December 31, 2020     1,275,000     $ 0.36  
Options granted     9,592,000       0.14  
Options exercised     (125,000 )     (0.13 )
Balance, December 31, 2021     10,742,000       0.16  
Options granted     -       -  
Options expired     (500,000 )     (0.50 )
Balance, December 31, 2022     10,242,000     $ 0.15  
                 
Exercisable, December 31, 2022     9,113,528     $ 0.15