| Schedule of Warrant Activities |
A
summary of the warrant activities for the six months ended June 30, 2022, is as follows:
Schedule of Warrant Activities
| |
|
Warrants Outstanding |
|
|
|
|
| |
|
Number of Shares |
|
|
Weighted Average Exercise Price |
|
|
Weighted Average Remaining Contractual Term in Years |
|
|
Aggregate Intrinsic Value (in 000’s)1 |
|
| Balance as of January 1, 2021 |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Granted |
|
|
7,083,500 |
|
|
$ |
0.05 |
|
|
|
- |
|
|
|
- |
|
| Balance as of December 31, 2021 |
|
|
7,083,500 |
|
|
$ |
0.05 |
|
|
|
4.3 |
|
|
|
259 |
|
| Exercisable as of June 30, 2021 |
|
|
7,083,500 |
|
|
$ |
0.05 |
|
|
|
4.1 |
|
|
|
259 |
|
| 1 |
The
aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock
price of $ 0.0866 for our common stock on June 30, 2022. |
|
A
summary of the warrant activities for the year ended December 31, 2021, is as follows:
Schedule of Warrant Activities
| |
|
Warrants Outstanding |
| |
|
Number of
Shares |
|
Weighted
Average
Exercise
Price |
|
Weighted
Average
Remaining
Contractual
Term in
Years |
|
Aggregate
Intrinsic
Value
(in 000’s)1 |
| Balance as of January 1, 2021 |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Granted |
|
|
7,083,500 |
|
|
$ |
0.05 |
|
|
|
- |
|
|
|
- |
|
| Balance as of December 31, 2021 |
|
|
7,083,500 |
|
|
$ |
0.05 |
|
|
|
4.3 |
|
|
|
79 |
|
| Exercisable as of December 31, 2021 |
|
|
7,083,500 |
|
|
$ |
0.05 |
|
|
|
4.3 |
|
|
|
79 |
|
| 1 |
The
aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock
price of $0.0612 for our common stock on December 31, 2021. |
|