Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.21.2
Stockholders’ Equity (Tables)
 9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Schedule of assumptions
               
             
    September 30,     September 30,  
    2021     2020  
Risk-free interest rate     0.93%       1.71%  
Expected life of the options     10 years       10 years  
Expected volatility     122.93%       158.86%  
Expected dividend yield     0%       0%  
Schedule of option activity
                               
                         
Options   Shares     Weighted average exercise price     Weighted Average Remaining Contractual Life     Aggregate Intrinsic Value  
Outstanding at December 31, 2020     210,000     $ 9.61       9.61       –  
Granted     105,000       3.00       –       –  
Exercised     –     $ –       –       –  
Forfeited or expired     –     $ –       –       –  
Outstanding at September 30, 2021     315,000     $ 4.80       8.33       594,300  
Vested as of September 30, 2021     288,750     $ 4.96       8.24       148,575  
Exercisable at September 30, 2021     315,000     $ 4.96       8.24       148,575  
Schedule of options by exercise price
                   
Outstanding     Exercisable  
Number of     Exercise     Number of     Exercise  
Options     Price     Options     Price  
  30,000     $ 5.70       30,000     $ 5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  30,000       5.70       30,000       5.70  
  15,000       3.00       15,000       3.00  
  15,000       3.00       15,000       3.00  
  15,000       3.00       15,000       3.00  
  15,000       3.00       15,000       3.00  
  15,000       3.00       15,000       3.00  
  15,000       3.00       15,000       3.00  
  15,000       3.00       15,000       3.00  
  315,000               315,000