| SCHEDULE OF GRANTED AND ISSUED STOCK AWARDS |
The
following table summarizes the Company’s granted and issued stock awards in the years ended December 31, 2025, and 2024:
SCHEDULE
OF GRANTED AND ISSUED STOCK AWARDS
Issuances under the 2021 Stock Plan in the period January 1 and December 31, 2024
| Date | |
| |
# Shares | | |
Amount | | |
Price/Share | | |
Type | |
Notice |
| 1/01/2024 | |
| |
| 5,288,687 | | |
$ | 90,856 | | |
$ | 0.017 | | |
| |
|
| 3/22/2024 | |
| |
| 211,269 | | |
| 21,338 | | |
| 0.101 | | |
stipend | |
affiliate |
| 3/22/2024 | |
| |
| 72,423 | | |
| 7,315 | | |
| 0.101 | | |
stipend | |
|
| 3/22/2024 | |
| |
| 979,191 | | |
| 101,835 | | |
| 0.104 | | |
bonus | |
affiliate |
| 3/22/2024 | |
| |
| 1,520,808 | | |
| 158,164 | | |
| 0.104 | | |
bonus | |
|
| 4/19/2024 | |
| |
| 241,938 | | |
| 30,000 | | |
| 0.124 | | |
stipend | |
affiliate |
| 4/19/2024 | |
| |
| 86,246 | | |
| 10,695 | | |
| 0.124 | | |
stipend | |
|
| 8/14/2024 | |
| |
| 454,546 | | |
| 45,455 | | |
| 0.100 | | |
stipend | |
affiliate |
| 8/14/2024 | |
| |
| 84,646 | | |
| 8,464 | | |
| 0.100 | | |
stipend | |
|
| 10/25/2024 | |
* | |
| 412,380 | | |
| 40,000 | | |
| 0.097 | | |
stipend | |
affiliate |
| 10/25/2024 | |
| |
| 155,091 | | |
| 15,044 | | |
| 0.097 | | |
stipend | |
|
| 10/25/2024 | |
** | |
| (3,597,529 | ) | |
| (7,591 | ) | |
| 0.002 | | |
forfeited | |
affiliate |
| 10/25/2024 | |
** | |
| (389,595 | ) | |
| (40,518 | ) | |
| 0.104 | | |
forfeited | |
affiliate |
| 12/31/2024 | |
| |
| 5,520,101 | | |
$ | 481,075 | | |
$ | 0.087 | | |
| |
|
Issuances under the 2021 Stock Plan in the period January 1 and December 31, 2025
| Date | |
| |
# Shares | | |
Amount | | |
Price/Share | | |
Type | |
Notice |
| 1/01/2025 | |
| |
| 5,520,101 | | |
$ | 481,075 | | |
$ | 0.087 | | |
| |
|
| 1/06/2025 | |
* | |
| 634,921 | | |
| 43,172 | | |
| 0.068 | | |
stipend | |
affiliates |
| 1/06/2025 | |
| |
| 164,730 | | |
| 11,202 | | |
| 0.068 | | |
stipend | |
|
| 1/06/2025 | |
* | |
| 1,315,780 | | |
| 88,294 | | |
| 0.067 | | |
bonus | |
affiliates |
| 1/06/2025 | |
| |
| 1,184,221 | | |
| 80,098 | | |
| 0.068 | | |
bonus | |
|
| 5/12/2025 | |
* | |
| 156,255 | | |
| 21,876 | | |
| 0.140 | | |
stipend | |
affiliates |
| 5/12/2025 | |
| |
| 110,384 | | |
| 15,454 | | |
| 0.140 | | |
stipend | |
|
| 11/14/2025 | |
* | |
| 771,760 | | |
| 53,946 | | |
| 0.070 | | |
stipend | |
affiliates |
| 11/14/2025 | |
| |
| 204,692 | | |
| 14,308 | | |
| 0.070 | | |
stipend | |
|
| 12/31/2025 | |
| |
| 10,062,844 | | |
$ | 809,407 | | |
$ | 0.080 | | |
| |
|
| |
The Company claims an exemption
from the registration requirements of the Securities Act for the Compensatory Benefit Plan pursuant to Rule 701 of the Securities
Act. |
| * |
The
shares were issued as Preferred Shares, but are for comparison purposes expressed as Common share equivalents in this
table. |
| ** |
The shares were forfeited in connection with the NDPD acquisition in October
2024. For comparative purposes shares issued within the 2021 stock plan are adjusted for grant availability purposes only, see also note
6 |
Shares
awarded, but not yet issued, under the 2021 Stock Plan for the year ended December 31, 2025:
| Date | |
| |
# Shares | | |
Amount | | |
Price/Share | | |
Type | |
Notice |
| 12/31/2025 | |
* | |
| 1,081,875 | | |
$ | 82,006 | | |
$ | 0.076 | | |
stipend | |
affiliate |
| 12/31/2025 | |
| |
| 150,250 | | |
| 11,389 | | |
| 0.076 | | |
stipend | |
|
| 12/31/2025 | |
| |
| 1,232,125 | | |
$ | 93,395 | | |
$ | 0.076 | | |
| |
|
|
| SCHEDULE OF FAIR MARKET VALUE |
Total
number of shares awarded from the 2021 Plan
SCHEDULE
OF FAIR MARKET VALUE
| |
|
Number
of
Shares |
|
|
Fair
Value
per Share |
|
|
Weighted
Average
Market Value
per Share |
|
| Shares Issued as of January 1,
2024 |
|
|
5,288,687 |
|
|
$ |
0.001 –
0.55 |
|
|
$ |
0.02 |
|
| Shares
Issued |
|
|
4,218,538 |
|
|
|
0.097 – 0.12 |
|
|
|
0.10 |
|
| Shares
Retired |
|
|
(3,987,124 |
) |
|
|
0.002
– 0.10 |
|
|
|
0.01 |
|
| Shares Issued as of December 31, 2024 |
|
|
5,520,101 |
|
|
$ |
0.001 – 0.55 |
|
|
$ |
0.09 |
|
| Shares
Issued |
|
|
4,542,742 |
|
|
|
0.070
– 0.14 |
|
|
|
0.07 |
|
| Shares Issued as of December 31, 2025 |
|
|
10,062,843 |
|
|
$ |
0.001 – 0.55 |
|
|
$ |
0.08 |
|
|
| SCHEDULE OF STOCK OPTIONS ACTIVITY |
As
at December 31, 2025, there was no unrecognized compensation expense related to non-vested stock option awards. The following table summarizes
the Company’s stock option activity for the year ended December 31, 2025, and 2024:
SCHEDULE
OF STOCK OPTIONS ACTIVITY
| |
|
Number
of
Options |
|
|
Exercise
Price
per Share |
|
|
Weighted
Average
Exercise Price
per Share |
|
| Outstanding
as of January 1, 2024 |
|
|
335,000 |
|
|
$ |
0.001 –
0.95 |
|
|
$ |
0.62 |
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Options forfeited/cancelled |
|
|
(335,000 |
) |
|
|
0.001
– 0.95 |
|
|
|
0.62 |
|
| Outstanding as of December
31, 2024 |
|
|
— |
|
|
$ |
— |
|
|
$ |
— |
|
| Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Options forfeited/cancelled |
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Outstanding as of December 31, 2025 |
|
|
— |
|
|
$ |
— |
|
|
$ |
— |
|
|