Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.21.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2021
Stockholders' Equity Note [Abstract]  
Schedule of stock-based compensation
    For the Three Months Ended March 31,  
    2021     2020  
Research and development   $ 57,102     $ 212,429  
General and administrative     263,342       670,216  
Total   $ 320,444     $ 882,645  
Schedule of stock option activity
                Weighted Average        
    Stock Options     Exercise Price     Fair Value     Contractual     Aggregate
Intrinsic
 
    Outstanding     Exercisable     Outstanding     Exercisable     Vested     Life (Years)     Value  
Balance – December 31, 2020     7,469,891       5,390,431     $ 2.06     $ 1.68     $ 1.68       6.27     $ -  
Granted     -       -       -       -       -       -       -  
Exercised     (623,901 )     -       -       -       -       -       -  
Cancelled     (40,452 )     -       -       -       -       -       -  
Balance – March 31, 2021     6,805,538       4,923,099     $ 2.12     $ 1.77     $ 1.77       6.27     $ 1,670,751  
Schedule of stock options outstanding and exercisable
Grant Price     Weighted Average     Total     Number     Weighted Average
From     To     Exercise Price     Outstanding     Exercisable     Remaining Contractual Term
$ 0.26     $ 2.02     $ 0.71       2,455,621       2,286,454     4.12 years
$ 2.10     $ 4.60     $ 2.42       3,756,917       2,084,249     7.51 years
$ 5.30     $ 8.86     $ 6.25       593,000       552,396     7.09 years
                  Totals       6,805,538       4,923,099    
Schedule of warrants activity
                Weighted Average     Aggregate  
    Warrants     Exercise Price     Fair Value     Contractual     Intrinsic  
    Outstanding     Exercisable     Outstanding     Exercisable     Vested     Life (Years)     Value  
Balance – December 31, 2020     19,372,818       15,495,973     $ 1.62     $ 1.61     $ 0.81       4.07     $ -  
Granted     60,000       -       -       -       -       -       -  
Exercised     (46,900 )     -       -       -       -       -       -  
Cancelled     (17,000 )     -       -       -       -       -       -  
Balance – March 31, 2021     19,368,918       15,440,406     $ 1.62     $ 1.65     $ 0.81       3.83     $ 882,553