| Summary of Changes in Employee Stock Options Outstanding and the Related Prices |
The following table summarizes the changes
in employee stock options outstanding and the related prices for the shares of our common stock issued to employees under two employee
stock option plans:
| |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Number of |
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
Shares |
|
|
Price |
|
|
Life (years) |
|
|
Value |
|
| Options outstanding at March 31, 2018 |
|
|
35,000 |
|
|
$ |
10.00 |
|
|
|
1.51 |
|
|
$ |
- |
|
| Granted |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Canceled / expired |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Options outstanding at March 31, 2019 |
|
|
35,000 |
|
|
$ |
10.00 |
|
|
|
0.51 |
|
|
$ |
- |
|
| Granted |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Canceled / expired |
|
|
(35,000 |
) |
|
$ |
10.00 |
|
|
|
|
|
|
|
|
|
| Options outstanding at December 31, 2019 |
|
|
- |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
- |
|
| Options exercisable at December 31, 2019 |
|
|
- |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
- |
|
|
The following table summarizes the changes
in employee stock options outstanding and the related prices for the shares of our common stock issued to employees under two employee
stock option plans:
| |
|
|
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Weighted |
|
|
Average |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Number of |
|
|
Exercise |
|
|
Contractual |
|
|
Intrinsic |
|
| |
|
Shares |
|
|
Price |
|
|
Life (years) |
|
|
Value |
|
| Options outstanding at March 31, 2018 |
|
|
35,000 |
|
|
$ |
10.00 |
|
|
|
1.51 |
|
|
$ |
- |
|
| Granted |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Canceled / expired |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Options outstanding at March 31, 2019 |
|
|
35,000 |
|
|
$ |
10.00 |
|
|
|
0.51 |
|
|
$ |
- |
|
| Granted |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
| Canceled / expired |
|
|
(35,000 |
) |
|
$ |
10.00 |
|
|
|
|
|
|
|
|
|
| Options outstanding at March 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
- |
|
| Options exercisable at March 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|
|
- |
|
|
$ |
- |
|
|
| Summary of Warrants Outstanding and Related Prices |
The following table summarizes the warrants
outstanding and the related prices for the shares of our common stock as of December 31, 2019:
| |
|
|
Warrants Outstanding |
|
|
Warrants Exercisable |
|
| |
|
|
|
|
|
Weighted |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
Average |
|
|
Weighted |
|
|
|
|
|
Weighted |
|
| |
|
|
|
|
|
Remaining |
|
|
Average |
|
|
|
|
|
Average |
|
| Exercise |
|
|
Number |
|
|
Contractual |
|
|
Exercise |
|
|
Number |
|
|
Exercise |
|
| Price |
|
|
Outstanding |
|
|
Life (Years) |
|
|
Price |
|
|
Exercisable |
|
|
Price |
|
| $ |
1.50 |
|
|
|
125,000 |
|
|
|
0.46 |
|
|
$ |
1.50 |
|
|
|
125,000 |
|
|
$ |
1.50 |
|
|
|
| Summary of Warrants Issued |
Transactions involving our warrant issuance are summarized as follows:
| |
|
|
|
|
Weighted |
|
| |
|
Number of |
|
|
Average |
|
| |
|
Shares |
|
|
Exercise Price |
|
| Warrants outstanding at March 31, 2018 |
|
|
6,169,497 |
|
|
$ |
1.50 |
|
| Granted / restated |
|
|
- |
|
|
$ |
- |
|
| Canceled |
|
|
- |
|
|
$ |
- |
|
| Expired |
|
|
(1,117,000 |
) |
|
$ |
1.48 |
|
| Warrants outstanding at March 31, 2019 |
|
|
5,052,497 |
|
|
$ |
1.50 |
|
| Granted |
|
|
- |
|
|
$ |
- |
|
| Canceled |
|
|
- |
|
|
$ |
- |
|
| Expired |
|
|
(4,927,497 |
) |
|
$ |
1.50 |
|
| Warrants outstanding at December 31, 2019 |
|
|
125,000 |
|
|
$ |
1.50 |
|
|
During the year ended March 31, 2020 all previously
outstanding warrants expired and no new warrants were granted. Transactions involving our warrants are summarized as follows:
| |
|
|
|
|
Weighted |
|
| |
|
Number of |
|
|
Average |
|
| |
|
Shares |
|
|
Exercise Price |
|
| Warrants outstanding at March 31, 2018 |
|
|
6,169,497 |
|
|
$ |
1.50 |
|
| Granted / restated |
|
|
- |
|
|
$ |
- |
|
| Canceled |
|
|
- |
|
|
$ |
- |
|
| Expired |
|
|
(1,117,000 |
) |
|
$ |
(1.48 |
) |
| Warrants outstanding at March 31, 2019 |
|
|
5,052,497 |
|
|
$ |
1.50 |
|
| Granted |
|
|
- |
|
|
$ |
- |
|
| Canceled |
|
|
- |
|
|
$ |
- |
|
| Expired |
|
|
(5,052,497 |
) |
|
$ |
(1.50 |
) |
| Warrants outstanding at March 31, 2020 |
|
|
- |
|
|
$ |
- |
|
|