Equity (Tables)

6 Months Ended

Jun. 30, 2020

Continuity of the Company’s common stock purchase warrants issued and outstanding is as follows:

	Warrants			Weighted Average Exercise Price
Outstanding at January 1, 2019		51,066,864		$	0.20
Granted		12,250,000			0.15
Exercised		(125,000	)		0.09
Expired		(6,148,028	)		0.25
Outstanding at December 31, 2019		57,043,836		$	0.14
Granted		10,400,000			0.16
Exercised		(1,650,000	)		0.08
Expired		(17,715,000	)		0.23
Outstanding at June 30, 2020		48,078,837		$	0.16

The table below summarizes warrant issuances during the six months ended June 30, 2020 and year ended December 31, 2019:

	June 30, 2020		December 31, 2019
Warrants granted:
Board of Directors and Advisory Board service		3,500,000		7,000,000
Private placements		—		3,750,000
Pursuant to financing arrangements		6,400,000		1,500,000
Pursuant to consulting agreements		500,000		—
Total		10,400,000		12,250,000

Expected life was determined based on historical data of the Company.