Stock Warrants (Tables)

3 Months Ended

Mar. 31, 2022

A summary of the warrant activities for the three months ended March 31, 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		79
Exercisable as of March 31, 2022		7,083,500	$	0.05		4.1		375

¹	The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying warrants and the closing stock price of $ 0.103 for our common stock on March 31, 2022.