Stockholders’ Deficit (Tables)
|
3 Months Ended |
Mar. 31, 2024 |
|---|
| Equity [Abstract] |
|
| Summary of Preferred Stock |
Below
is a summary table of the preferred stock:
Summary
of Preferred Stock
| |
|
March 31, 2024 |
|
|
December 31, 2023 |
|
| Series AA Convertible Preferred Stock, $.01 par value; 10,000 shares authorized; 8,645 shares issued and outstanding on March 31, 2024 and December 31, 2023 |
|
|
86 |
|
|
|
86 |
|
| Series BB Convertible Preferred Stock, $.01 par value; 1,000 shares authorized; 1,623 shares issued and outstanding on March 31, 2024 and 1,219 shares outstanding at December 31, 2023 |
|
|
12 |
|
|
|
12 |
|
| Series CC Convertible Preferred Stock, $0.01 par value; 2,000 shares authorized; 401 shares issued and outstanding on March 31, 2024 and December 31, 2023 |
|
|
4 |
|
|
|
4 |
|
| Series DD Convertible Preferred Stock, $0.01 par value, 1,000 shares authorized, 127 shares outstanding on March 31, 2024 and no outstanding at December 31, 2023 |
|
|
1 |
|
|
|
- |
|
| Total Convertible Preferred Shares |
|
|
103 |
|
|
$ |
102 |
|
|
(1) |
623
shares of the Series BB Convertible Preferred Stock are accounted for a short-term liability
in the amount due to the company exceeding its stated authorized amount |
|
| Schedule of Options and Warrants Outstanding and Exercisable |
The
following table summarizes information concerning options and warrants outstanding and exercisable:
Schedule
of Options and Warrants Outstanding and Exercisable
| |
|
Stock Options |
|
|
Warrants |
|
|
|
|
| |
|
Weighted Average |
|
|
Weighted Average |
|
|
Total |
|
| |
|
Shares |
|
|
price per share |
|
|
Shares |
|
|
price per share |
|
|
Shares |
|
|
Exercisable |
|
| Balance outstanding, December 31, 2023 |
|
|
4,920,754 |
|
|
$ |
0.25 |
|
|
|
15,577,354 |
|
|
$ |
3.50 |
|
|
|
20,628,305 |
|
|
|
18,625,326 |
|
| Granted |
|
|
803,750 |
|
|
$ |
.249 |
|
|
|
- |
|
|
|
3.50 |
|
|
|
803,750 |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
3.50 |
|
|
|
- |
|
|
|
|
|
| Forfeited |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Balance outstanding, March 31, 2024 |
|
|
5,724,504 |
|
|
$ |
.257 |
|
|
|
15,577,354 |
|
|
$ |
3.50 |
|
|
|
21,432,055 |
|
|
|
19,148,779 |
|
|
| Schedule of Share-based Compensation Stock Option Plans by Exercise Price Range |
Schedule
of Share-based Compensation Stock Option Plans by Exercise Price Range
| |
|
|
|
|
|
Options Outstanding |
|
|
Options Exercisable |
|
| |
|
|
|
|
|
Weighted Average |
|
|
Weighted Average |
|
| Range of Exercise Prices |
|
|
Number of Options |
|
|
Remaining Contractual Life (Years) |
|
|
Exercise Price |
|
|
Number of Options |
|
|
Remaining Contractual Life (Years) |
|
|
Exercise Price |
|
| $ |
0.25 |
|
|
$ |
1.00 |
|
|
|
5,724,504 |
|
|
|
8.44 |
|
|
$ |
0.26 |
|
|
|
3,571,425 |
|
|
|
7.87 |
|
|
$ |
0.25 |
|
| $ |
1.01 |
|
|
$ |
3.00 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
5,724,504 |
|
|
|
8.44 |
|
|
$ |
0.26 |
|
|
|
3,571,425 |
|
|
|
7.87 |
|
|
$ |
0.25 |
|
|