Quarterly report pursuant to Section 13 or 15(d)

STOCK OPTIONS (Tables)

v3.24.3
STOCK OPTIONS (Tables)
 9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
SCHEDULE OF STOCK OPTION ACTIVITY

A summary of option activity for the nine months ended September 30, 2024 is presented below.

 SCHEDULE OF STOCK OPTION ACTIVITY

                Weighted-        
          Weighted-     Average        
          Average     Remaining     Aggregate  
          Exercise     Contractual     Intrinsic  
    Options     Price     Life (Years)     Value  
                         
Outstanding at January 1, 2024     10,435     $ 240.14       4.60     $ -  
Granted     -       -       -       -  
Forfeited     (1,397 )     306.75       -       -  
Exercised     -       -       -       -  
Outstanding at September 30, 2024     9,038     $ 229.83       3.85     $ -  
                                 
Vested September 30, 2024     4,900     $ 243.74       3.85     $ -  
                                 
Exercisable at September 30, 2024     4,900     $ 243.74       3.85     $ -  
SCHEDULE OF FAIR VALUE ASSUMPTIONS USING BLACK-SCHOLES METHOD

The fair value of share option award is estimated using the Black-Scholes option pricing method based on the following weighted-average assumptions:

 SCHEDULE OF FAIR VALUE ASSUMPTIONS USING BLACK-SCHOLES METHOD

    Nine Months Ended September 30,  
    2024     2023  
Risk-free interest rate     4.62 %     4.29 %
Average expected term     5 years       5 years  
Expected volatility     139.2 %     136.2 %
Expected dividend yield     -       -