Applied Minerals (AMNL) 10-Q 25 May 22 2022 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2022	May 25, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Registrant Name	APPLIED MINERALS, INC.
Entity Central Index Key	0000008328
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		261,831,760
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Address, State or Province	UT
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-0096527
Entity Address, Address Line One	1200 Silver City Road, PO Box 432
Entity Address, City or Town	Eureka
Entity Address, Postal Zip Code	84628
Local Phone Number	226-4256
City Area Code	212
Entity File Number	000-31380
Document Quarterly Report	true
Document Transition Report	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current Assets
Cash	$ 50,096	$ 74,253
Accounts receivable	19,909	34,309
Deposits and prepaid expenses	114,817	161,999
Total Current Assets	184,822	270,561
Land	500,000	500,000
Operating lease right-of-use assets	0	28,111
Finance lease right-of-use	39,882	42,821
Other Assets
Deposits	336,359	336,328
Total Other Assets	336,359	336,328
TOTAL ASSETS	1,061,063	1,177,821
Current Liabilities
Accounts payable and accrued liabilities	3,289,919	3,017,454
PIK Note interest accrual	464,690	372,028
Current portion of notes payable	263,745	112,835
Current portion of finance lease liabilities	12,159	11,986
Current portion of operating lease liabilities	0	29,085
Total Current Liabilities	4,030,513	3,543,388
Long-Term Liabilities
PIK Notes payable, net of $577,289 and $681,102 debt discount, respectively	47,372,645	47,004,480
Deferred revenue	1,000,000	1,000,000
Finance lease liability	27,723	30,835
Total Long-Term Liabilities	48,400,368	48,035,315
TOTAL LIABILITIES	52,430,881	51,578,703
Stockholders' Deficit
Preferred stock, $0.001 par value, 10,000,000 shares authorized, and 187,000 and 262,000 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	187	262
Common stock, $0.001 par value, 700,000,000 shares authorized, and 252,563,747 and 217,655,150 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively (________ reserved in Treasury)	252,562	217,654
Additional paid-in capital	74,798,477	74,686,581
Accumulated deficit prior to the exploration stage	(20,009,496)	(20,009,496)
Accumulated deficit during the exploration stage	(106,411,548)	(105,295,883)
Total Stockholders' Deficit	(51,369,818)	(50,400,882)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 1,061,063	$ 1,177,821

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures [Abstract]
PIK Notes payable, debt discount	$ 577,289	$ 681,102
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	187,000	262,000
Preferred Stock, Shares Outstanding	187,000	262,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	700,000,000	700,000,000
Common Stock, Shares, Issued	252,563,747	217,655,150
Common Stock, Shares, Outstanding	252,563,747	217,655,150
Treasury Stock, Common, Shares	211,913,925	211,913,925

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
REVENUES	$ 78,045	$ 273,672
OPERATING EXPENSES:
Production costs	133,336	462,166
Exploration costs	243,470	51,590
General and administrative	405,378	389,523
Total Operating Expenses	782,184	903,279
Operating Loss	(704,139)	(629,607)
OTHER INCOME (EXPENSE):
Interest expense, net (including amortization of deferred financing cost and debt discount)	(471,898)	(463,897)
Other income, net	60,372	247,546
Total Other (Expense) Income	(411,526)	(216,351)
Net Loss	(1,115,665)	(845,958)
Deemed dividend on Series B Convertible Preferred Stock		(60,738)
NET LOSS ATTIBUTABLE TO COMMON SHAREHOLDERS	$ (1,115,665)	$ (906,696)
Net Loss Per Common Share – Basic and Diluted	$ (0.01)	$ 0
Weighted Average Common Shares Outstanding – Basic and Diluted	222,601,842	188,243,263

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)	Total	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit Prior to Exploration Stage [Member]	Accumulated Deficit During Exploration Stage [Member]
Balance at Dec. 31, 2020	$ (47,829,437)	$ 183,939	$ 128	$ 74,008,636	$ (20,009,496)	$ (102,012,644)
Balance (in shares) at Dec. 31, 2020		183,938,549	128,000
Issuance of shares of common stock for consulting services (in shares)	9,528,689	3,836,475
Shares issued on conversion of preferred stock (in shares)		6,167,273	(128,000)
Shares issued on conversion of preferred stock	$ 7,680	$ 6,167	$ (128)	1,641	0	0
Shares issued in private placement	100,000	$ 0	$ 95	99,905	0	0
Shares issued in private placement (in shares)		0	95,000
Beneficial conversion feature on Convertible Series B Preferred Stock	60,738	$ 0	$ 0	60,738	0	0
Deemed dividend from beneficial conversion feature on Convertible Series B Preferred Stock	(60,738)	0	0	(60,738)	0	0
Shares issued for cashless exercise of options	0	$ 3,836		(3,836)	0
Shares issued for cashless exercise of options (in shares)		3,836,475
Shares issued to employee in lieu of bonus	58,140	$ 1,163	$ 0	56,977	0	0
Shares issued to employee in lieu of bonus (in shares)		1,162,791	0
Stock based compensation expense	3,943	$ 0	$ 0	3,943	0	0
Net Loss	(845,958)	$ 0	0	0	0	(845,948)
Shares issued as part of settlement of liability (in shares)		1,162,791
Issuance of shares of common stock for debt issuance cost (in shares)		58,140
Balance at Mar. 31, 2021	(48,505,632)	$ 195,105	$ 95	74,167,266	(20,009,496)	(102,858,602)
Balance (in shares) at Mar. 31, 2021		195,105,088	95,000
Balance at Dec. 31, 2021	(50,400,882)	$ 217,654	$ 262	74,686,581	(20,009,496)	105,295,883
Balance (in shares) at Dec. 31, 2021		217,655,150	262,000
Issuance of shares of common stock for consulting services	70,000	$ 10,000	$ 0	60,000	0	0
Issuance of shares of common stock for consulting services (in shares)		10,000,000	0
Shares issued on conversion of preferred stock (in shares)		20,164,153	(75,000)
Shares issued on conversion of preferred stock	$ 0	$ 20,164	$ (75)	(20,089)	0	0
Shares issued for cashless exercise of options (in shares)	0
Stock based compensation expense	$ 21,211	0	0	21,211	0	0
Net Loss	(1,115,665)	0	0	0	0	(1,115,665)
Shares issued as part of settlement of liability	53,778	$ 4,444	$ 0	49,334	0	0
Shares issued as part of settlement of liability (in shares)		4,444,444	0
Issuance of shares of common stock for debt issuance cost	1,740	$ 300	$ 0	1,440	0	0
Issuance of shares of common stock for debt issuance cost (in shares)		300,000	0
Balance at Mar. 31, 2022	$ (51,369,818)	$ 252,562	$ 187	$ 74,798,477	$ (20,009,496)	$ (106,411,548)
Balance (in shares) at Mar. 31, 2022		252,563,747	187,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash Flows from Operating Activities:
Net loss	$ (1,115,665)	$ (845,958)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation	8,782	0
Amortization of discount - PIK Notes	103,813	98,501
Accrued interest on PIK Notes	314,907	350,433
Stock issued for settlement of liability	53,778	0
Stock-based compensation expense	91,211	62,083
Non-cash lease expense	28,111	26,430
Dividend	0	7,680
Forgiveness of PPP Fund	0	(223,075)
Change in operating assets and liabilities:
Accounts receivable	14,400	32,687
Deposits and prepaids	47,151	57,143
Operating lease liabilities	(29,085)	(26,548)
Financing lease liabilities	(2,754)	0
Accounts payable and accrued liabilities	314,573	20,370
Net cash (used in) operating activities	(170,778)	(440,254)
Cash Flows from Financing Activities:
Proceeds from notes payable	200,000	0
Proceeds from Paycheck Protection Program Loan	0	264,472
Proceeds from private placement	0	100,000
Payments on financing lease liability	(6,029)	0
Payments on notes payable	(4,379)	0
Payments on insurance financing	(42,971)	(49,906)
Net cash provided by financing activities	146,621	314,566
Net change in cash	(24,157)	(125,688)
Cash at beginning of period	74,253	669,560
Cash at end of period	50,096	543,872
Supplemental disclosure of cash flow information:
Cash paid for interest	2,312	4,395
Cash paid for income taxes	0	0
Supplemental disclosure of non-cash financing activity:
Accrued PIK interest paid through issuance of PIK Notes	265,813	408,807
Deemed dividend on convertible Preferred Stock Series B due to BCF	0	60,738
Common stock issued for cashless options exercised	0	3,836
Common stock issued upon conversion of Series B Preferred Stock	20,164	0
Common stock issued to note holders for financing cost	$ 1,740	$ 0

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization And Description Of Business	NOTE 1– ORGANIZATION AND DESCRIPTION OF BUSINESS Applied Minerals, Inc. (the “Company”) is the owner of the Dragon Mine located in the Tintic Mining District of the State of Utah from where it produces halloysite clay and iron oxide. The Company is currently selling its DRAGONITE halloysite clay product regularly to four customers. Several prospective customers are conducting either commercial-scale trials or field trials for an array of products that are expected to use DRAGONITE as a functional additive. In October 2019 the Company entered into an agreement to supply a manufacturer of cement with up to 30,000 tons AMIRON iron oxide per year over a two-year period. Applied Minerals, Inc. is a publicly traded company incorporated in the state of Delaware. The common stock trades on the OTC Bulletin Board under the symbol “AMNL.” Status of the Company for SEC Reporting Purposes The Company is classified as an “exploration stage” company for purposes of Industry Guide 7 of the U.S. Securities and Exchange Commission (“SEC”). Under Industry Guide 7, companies engaged in significant mining operations are classified into three categories, referred to as “stages” - exploration, development, and production. Exploration stage includes all companies that do not have established reserves in accordance with Industry Guide 7. Such companies are deemed to be “in the search for mineral deposits.” Notwithstanding the nature and extent of development-type or production-type activities that have been undertaken or completed, a company cannot be classified as a development or production stage company unless it has established reserves in accordance with Industry Guide 7. Exploration Agreement On December 22, 2017, the Company and Continental Mineral Claims, Inc. (“CMC”) entered into an Exploration Agreement with Option to Purchase (“Agreement”). The Company granted to CMC the exclusive right and option to enter upon and conduct mineral exploration activities (the “Exploration License”) for Metallic Minerals on the Company’s Dragon Mine minesite in Utah (the “Mining Claims”). Metallic Minerals are defined to include minerals with a high specific gravity and metallic luster, such as gold, silver, lead, copper, zinc, molybdenum, titanium, tungsten, uranium, tin, iron, etc., but shall exclude any such Metallic Minerals that are intermingled within any economically-recoverable, non-metallic mineral deposits located at or above an elevation of 5,590 feet above sea level. Non-metallic minerals include clay and iron oxide, the minerals mined by the Company. The Company believes that all economic recoverable non-metallic mineral deposits are well above 5,590 feet above sea level. The Exploration License is for a period of ten years. In consideration of the Exploration License CMC paid the Company $350,000 upon the execution of the agreement and paid it $150,000 on the first anniversary of the Exploration License in December 2018. Per the agreement CMC was obligated to pay the Company $250,000 on or before each subsequent anniversary during the Exploration License term following the first anniversary of the Effective Date of the Agreement unless the Exploration License was terminated earlier by CMC by exercising the option or failing to make the required payment for the Exploration License. On March 25, 2020, the Company and Tintic Copper and Gold, Inc. (CMC’s successor) (“Tintic”) agreed to lower the exercise price of the Option to $1,050,000 and Tintic immediately exercised the Option. The proceeds from the exercise of the Option are presented as Other Income. The Company also provided Tintic with a Right of First Offer, which will expire on December 21, 2027 and can be extended to December 21, 2032 for a payment of $250,000 by Tintic to the Company. Upon the exercise of the option, the Company retained the all rights and title to (1) the surface interest (with exception of those rights associated with the Metallic Rights), and (2) all non-metallic minerals (expressly including all industrial minerals including clays and iron oxides). Upon the exercise of the option the Company retained protections against unreasonable interference of its current and future mining operations by CMC. CMC may not do anything that may, at the Company’s determination, adversely impact the Company’s Mining Operations. “Mining Operations” shall mean the activities incident to mineral extraction, permitting, and any operations by CMC or the Company relating to the removal of minerals, respectively, that are or may reasonably be conducted on the Mining Claims, including the exploration for, and development, active mining, removing, producing and selling of any minerals, including the Metallic Minerals. The Agreement states that the parties understand that the Company was willing to enter into the Agreement only if it was assured that CMC would not have any right to unreasonably interfere with the Company’s current mining operations and possible future Mining Operations on the Mining Claims. Impact of COVID–19 Pandemic on Financial Statements In December 2019, a novel strain of COVID-19 was reported in China. Since then, COVID-19 has spread globally, to include Canada, the United States and several European countries. The spread of COVID-19 from China to other countries has resulted in the World Health Organization (WHO) declaring the outbreak of COVID-19 as a “pandemic,” or a worldwide spread of a new disease, on March 11, 2020. Since then many countries around the world imposed quarantines and restrictions on travel and mass gatherings to slow the spread of the virus and have closed non-essential businesses. The effects of the COVID-19 restrictions adversely affected our business in 2020 and 2021 as certain customers delayed purchases of our DRAGONITE halloysite clay products. As countries, including the U.S., begin to ease restrictions certain of our customers may resume their previously planned purchases of our DRAGONITE halloysite clay products during 2022.

GOING CONCERN AND BASIS OF PRES

GOING CONCERN AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2022
Going Concern And Basis Of Presentation [Abstract]
Going Concern And Basis Of Presentation	NOTE 2 – GOING CONCERN AND BASIS OF PRESENTATION The Company has suffered recurring losses from operations and currently a working capital deficit. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management believes that in order for the Company to meet its obligations arising from normal business operations through May 21, 2023 that the Company may be required (i) to raise additional capital either in the form of a private placement of common stock or debt and/or (ii) generate additional sales of its products that will generate sufficient operating profit and cash flows to fund operations. Without additional capital or additional sales of its products, the Company’s ability to continue to operate may be limited. Based on the Company’s current cash usage expectations, management believes it may not have sufficient liquidity to fund its operations through May 21, 2023. Further, management cannot provide any assurance that it is probable that the Company will be successful in accomplishing any of its plans to raise debt or equity financing or generate additional product sales. Collectively these factors raise substantial doubt regarding the Company’s ability to continue as going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded assets amounts and classification of liabilities that might be necessary should the Company not be able to continue as a going concern.

BASIS OF REPORTING AND SIGNIFIC

BASIS OF REPORTING AND SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Reporting and Significant Accounting Policies	NOTE 3 – BASIS OF REPORTING AND SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited consolidated financial statements of Applied Minerals, Inc. have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, these interim unaudited consolidated financial statements contain all of the adjustments of a normal and recurring nature, which are considered necessary for a fair presentation of the financial position of the Company and the results of its operations and cash flows for the periods presented. The results of operations for the three months ended March 31, 2022 are not necessarily indicative of the operating results for the entire year. These financial statements should be read in conjunction with the financial statements and related disclosures for the year ended December 31, 2021, included in the Annual Report of Applied Minerals, Inc. on Form 10-K filed with the SEC on April 18, 2022. The accompanying interim unaudited consolidated financial statements reflect the application of certain significant accounting policies as described below and elsewhere in these notes. As of May 21, 2022, the Company’s significant accounting policies and estimates remain unchanged from those detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company’s Consolidated Condensed Financial Statements and accompanying notes. Actual results may differ materially from those estimates. As of March 31, 2022, the extent to which the COVID-19 pandemic will impact our business going forward depends on numerous dynamic factors, which we cannot reliably predict. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As the events continue to evolve with respect to the pandemic, our estimates may materially change in future periods. Concentration of Credit Risk Cash balances, accounts receivable and derivative financial instruments are financial instruments potentially subject to credit risk. Cash and cash equivalents are maintained in bank deposit accounts, which, at times, may exceed the federally insured limits. Management periodically reviews and assesses the financial condition of the banks to mitigate the risk of loss. For the three months ended March 31, 2022 and 2021, revenues from the Company’s largest customer accounted for 36% and 56% of total revenues, respectively. As of March 31, 2022 and 2021, amounts owed from these customers comprised 0% and 42% of accounts receivable, respectively. Receivables Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts. Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party’s credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable. No allowance was required at March 31, 2022 and December 31, 2021. Property and Equipment Property and equipment are carried at cost net of accumulated depreciation and amortization. Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows: Estimated Useful Life (years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5 Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount. If this comparison indicates that there is impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell. The Company has determined that there was no impairment of its long-lived assets as of March 31, 2022 and 2021. Revenue Recognition Revenue includes sales of halloysite clay and iron oxide and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on contractual arrangements with the Company’s customers. The Company’s revenue recognition policies are established in accordance with the Revenue Recognition topics of ASC 606, and accordingly, revenue is recognized when control of the promised goods or services is transferred to our clients, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. To determine revenue recognition for arrangements within the scope of ASC 606, the Company performs the following five steps: (1) identify the contracts with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when or as the entity satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods it transfers to the customer. The Company recognizes revenue at a point in time based on management’s evaluation of when performance obligations under the terms of a contract with the customer are satisfied and control of the product has been transferred to the customer. In most situations, transfer of control is considered complete when the products have been shipped to the customer. Mining Exploration and Development Costs Land and mining property are carried at cost. The Company expenses prospecting and mining exploration costs. At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized. Income taxes The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A full valuation allowance has been provided for the Company’s net deferred tax assets as it is more likely than not that they will not be realized. Authoritative guidance provides that the tax effects from an uncertain tax position taken or expected to be taken in a tax return can be recognized in our financial statements only if the position is more likely than not of being sustained on audit based on the technical merits of the position. As of March 31, 2022, no benefit from uncertain tax positions was recognized in our financial statements. The Company has elected to classify interest and/or penalties related to income tax matters in income tax expense. Stock Options and Warrants The Company follows ASC 718, which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period. The Company instituted a formal long-term and short-term incentive plan on November 20, 2012, which was approved by its shareholders. Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors. We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty’s performance is complete. Beginning in the quarter ended June 30, 2013 the Company began using the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term. Environmental Matters Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate. Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed. Liabilities are recognized when environmental assessments indicate that remediation efforts are probable, and the costs can be reasonably estimated. Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors and include estimates of associated legal costs. These amounts also reflect prior experience in remediating contaminated sites, other companies’ clean-up experience and data released by The Environmental Protection Agency or other organizations. Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology, and inflation. Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability. The Company has posted a cash bond in the amount of $297,000 required by the Utah Department of Oil, Gas and Minerals to cover estimated reclamation costs related the Company large mining permit for its Dragon Mine property. Note Payable - Convertible The Company follows ASC 480-10, Distinguishing Liabilities from Equity Recent Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, which simplifies the guidance on the issuer’s accounting for convertible debt instruments by removing the separation models for (1) convertible debt with a cash conversion feature and (2) convertible instruments with a beneficial conversion feature. As a result, entities will not separately present in equity an embedded conversion feature in such debt and will account for a convertible debt instrument wholly as debt, unless certain other conditions are met. The elimination of these models will reduce reported interest expense and increase reported net income for entities that have issued a convertible instrument that is within the scope of ASU 2020-06. Also, ASU 2020-06 requires the application of the if-converted method for calculating diluted earnings per share and treasury stock method will be no longer available. ASU 2020-06 is applicable for fiscal years beginning after December 15, 2021, with early adoption permitted no earlier than fiscal years beginning after December 15, 2020. The Company adopted ASU 2020-06 for its fiscal year ending December 31, 2021.

LEASES

LEASES	3 Months Ended
	Mar. 31, 2022
Leases [Line Items]
Leases	NOTE 4 – LEASES On March 16, 2017, the Company entered into a 5-year operating lease agreement for permanent office space, base rent payment is approximately $9,000 per month, subject to annual adjustments. Supplemental cash flow information related to leases: Three months ended Operating cash flows paid for operating leases $ 29,085 Non-cash lease expense $ 28,111 In July 2020, the Company entered into a sublease agreement with respect to its N.Y. office. The sublease agreement expired in April 2022 The Company entered into an agreement to sublet a portion of its office space. The sublease is considered to be an operating lease and the Company has not been released from its obligations under the March 16, 2017, 5-year lease agreement. The Company recognizes income from sublease on a straight-line basis over the term of the sublease, as a reduction to lease expense. The sublease is not measured under ASC 842 since the Company remains the primary obligor under the original lease and the sublease is considered to be an operating lease . Finance Lease On May 14, 2021, the Company entered into a 4-year financing lease agreement for a piece of equipment. Base rent payment is approximately $1,107 per month. Supplemental cash flow information related to leases: Three months ended March 31, 2022 Finance cash flows used in finance lease $ (2,754 Operating cash flows from finance lease $ 2,754 Supplemental balance sheet information related to leases: As of March 31, 2022 Finance lease Right-of-use assets $ 39,882 Current portion of finance lease liability $ 12,159 Long-term finance lease liability 27,723 Total finance lease liability $ 39,882 Weighted average remaining operating lease term 3.08 years Weighted average discount rate 6 % The following table summarizes the maturity of lease liability under finance lease as of March 31, 2022: 2022 $ 10,574 2023 14,099 2024 14,099 2025 4,700 Total lease payments 43,472 Less: imputed interest (3,590 ) Total lease liabilities $ 39,882 Less: current portion (12,159 ) Noncurrent lease liabilities $ 27,723

DEPOSIT

DEPOSIT	3 Months Ended
	Mar. 31, 2022
Deposit [Abstract]
Deposit	NOTE 5 – DEPOSIT The following is a summary of deposit: March 31, December 31, Cash Bond (Mine Permit deposit) $ 297,191 $ 297,160 Office Lease Security Deposit 39,168 39,168 Total $ 336,359 $ 336,328

NOTES PAYABLE

NOTES PAYABLE	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Notes Payable	NOTE 6 - NOTES PAYABLE Notes payable at March 31, 2022 and December 31, 2021 consist of the following: March 31, 2022 December 31, 2021 Note payable to insurance companies, payable $1,780 and $12,804 monthly, (a) $ 69,865 $ 112,835 Promissory note (b) $ 73,260 $ - Loan payable (c) $ 120,620 $ $ 263,745 $ 112,835 Less: Current Portion $ (263,745 ) $ (112,835 ) Notes Payable, Long-Term Portion $ - $ - (a) In October 2021, the Company entered into two notes payable with interest rates of 4.04% and 6.29% with an insurance company for liability insurance, payable in 10 monthly installment payments, which started in November 2021. (b) In January 2022, the Company entered into a promissory note agreement for $90,000, including an original issue discount of 16.7% resulting in net proceeds of $75,000. The annual interest rate is 10%. Principal and interest is due to the lender in seven equal monthly payments of $14,142.50 commencing on June 24, 2022 until the promissory note is paid in full no later than January 24, 2023. In the event of default, the lender will have the right to convert the outstanding principal and interest into stock at a price equal to ninety (90) percent of the lowest trading price over a ten (10) day trading period immediately prior to the date of conversion. As part of entering into the promissory note agreement, the Company issued 300,000 restricted shares of common stock under the lender. (c) In March 2022, the Company entered into a loan payable with a lender for $125,000. Payment of the loan includes one installment of $1,215.19 followed by seventy-nine (79) weekly installments of $2,025.32 totaling $165,000. The lender has been provided a security interest in certain inventory and equipment. Excluded is the Company’s Alpine mill and related equipment. During the three months ended March 31, 2022 and 2021, the Company's interest payments totaled $2,312 and $985, respectively.

CONVERTIBLE DEBT

CONVERTIBLE DEBT	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
CONVERTIBLE DEBT	NOTE 7 – CONVERTIBLE DEBT PIK Notes The Company raised $23 million of financing through the issuance of two series of Paid-In-Kind (“PIK”)-Election Convertible Notes in 2013 (“Series 2023 Notes”) and 2014 (“Series A Notes”). The original terms of the Series A Notes included among other things: (i) a maturity of November 1, 2018 with an option to extend to November 1, 2019, (ii) a stated interest rate of 10% paid semi-annually and (iii) a conversion price of $0.90, adjusted downward based on an anti-dilution provision. The original terms of the Series 2023 Notes included among other things: (i) a maturity of August 1, 2023, (ii) a stated interest rate of 10% paid semi-annually and (iii) a conversion price of $1.40, adjusted downward based on an anti-dilution provision. On December 14, 2017, an amendment agreement, entered into between the Company and the holders of the Series A Notes and Series 2023 Notes, went into effect. The agreement resulted in changes to certain terms of the Series A and Series 2023 Notes. The key terms of the Series A and Series 2023 Notes, as amended, are highlighted in the table below: Key Terms Series 2023 Notes Series A Notes Inception Date 08/01/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 Maturity (Term) Matures on August 1, 2023, but convertible into shares of the Company’s common stock at the discretion of the holder or by the Company based on the market price of the Company’s stock; Matures on May 1, 2023 but extends to August 1, 2023 if the Series 2023 Notes are still outstanding. Convertible into shares of the Company’s common stock at the discretion of the holder or by the Company based on the market price of the Company’s stock; Exercise Price $0.51, as adjusted downward based on anti-dilution provisions/down - round protection $0.30, as adjusted downward based on anti-dilution provisions/down-round protection; Stated Interest 10% per annum through December 14, 2017, 3% per annum thereafter, due semiannually; 10% per annum through December 14, 2017, 3% per annum thereafter, due semiannually; In April 2019 the Company entered into a settlement agreement with the holders of the Series A Notes and Series 2023 Notes (the “PIK Notes”). Per the terms of the agreement the Company will pay to holders of PIK Notes on a pro rata basis the following percentages of revenue booked during a fiscal quarter: (a) three percent (3%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is less than $3 million on the last day of the fiscal quarter; or (b) five percent (5%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is greater than $3 million but less than $5 million the last day of the fiscal quarter; or (c) twelve percent (12%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is greater than $5 million. As of March 31, 2022, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Total PIK Note Payable, Gross $ 18,025,635 $ 29,924,299 $ 47,949,934 Less: Discount - (577,289 ) (577,289 ) PIK Note Payable, Net $ 18,025,635 $ 29,347,010 $ 47,372,645 As of December 31, 2021, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Total PIK Note Payable, Gross $ 17,759,822 $ 29,925,760 $ 47,685,582 Less: Discount - (681,102 ) (681,102 ) PIK Note Payable, Net $ 17,759,822 $ 29,244,658 $ 47,004,480 Series A Notes (Amended) On November 3, 2014 (“Issue Date”), the Company issued, in a private placement pursuant to investment agreements, $19,848,486 principal amount of 10% PIK-Election Convertible Notes due 2018 ("Series A Notes") in exchange for $12,500,000 in cash and the cancellation of previously issued warrants held by one investor. The original terms of the Series A Notes included among other things: (i) a maturity of November 1, 2018 with an option to extend to November 1, 2019, (ii) a stated interest rate of 10% paid semi-annually and (iii) a conversion price of $0.90, adjusted downward based on an anti-dilution provision. The original terms of both the Series A Notes and Series 2023 Notes can be as exhibits to Forms 8-K filed on November 5, 2014. Below are key amended terms of the Series A Notes: ● Maturity ● Exercise Price ● Stated Interest ● Liquidated Damages ● The number of shares issuable under the Notes may be affected by the anti-dilution provisions of the Notes. The antidilution provisions adjust the Exercise Price of the Notes in the event of stock dividends and splits, issuance below the market price of the common stock, issuances below the conversion price of the Notes, pro rata distribution of assets, rights plans, tender offers, and exchange offers. The entire principal amount of the Series A Notes and accrued interest thereon shall be mandatorily converted into shares of the Company’s common stock if (i) the Volume Weighted Average Price (“VWAP”) of the thirty (30) preceding trading days is at or greater than $1.00 or the VWAP of the ten (10) preceding trading days is at or greater than $1.40; (ii) the closing market price of the shares of the Company’s common stock is at or greater than $1.00; (iii) all outstanding amounts under each Series 2023 Note or replacement financing, if any, shall have been converted into shares of the Company’s common stock pursuant to the terms of such Series 2023 Note or the replacement financing, if any, on or prior to the date on which a notice of mandatory conversion is received; and (iv) either (x) a registration statement is effective and available for the resale of all of the shares into which the Series A Notes convert on the date on which the Series A notes are mandatorily converted and each of the five (5) trading days prior to the date of mandatory conversion and on the date of mandatory conversion the holders of the Series A Notes are not restricted from selling or distributing any shares into which the Series A Notes convert pursuant to the provisions of the Registration Rights Agreement or (y) the holders Series A Notes may sell all such shares into which the Series A Notes convert immediately under Rule 144 under the Securities Act. The Series A Notes were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability, or any net investment in a foreign operation. In addition to the customary anti-dilution provisions the notes contain a down-round provision whereby the conversion price would be adjusted downward in the event that additional shares of the Company’s common stock or securities exercisable, convertible or exchangeable for the Company’s common stock were issued for cash consideration (e.g. a capital raise) at a price less than the conversion price. Therefore, the estimated fair value of the conversion feature of $9,212,285 (based on observable inputs using a Monte Carlo model) was bifurcated from the Series A Notes and accounted for as a separate derivative liability, which resulted in a corresponding amount of debt discount on the Series A Notes. In addition, an additional debt discount of $7,348,486 was recorded as a result of the difference between the $12,500,000 of cash received and the $19,848,486 of principal on the Series A Notes. This combined debt discount of $16,560,771 is being amortized using the effective interest method over the 9-year term of the Notes as Interest Expense, while the PIK Note Derivative is carried at fair value (using a Monte Carlo model) until the Notes are converted or otherwise extinguished. Any changes in fair value are recognized in earnings. The carrying value of the Series A Notes Payable as of March 31, 2022 was $29,347,010. The amortized debt discount expensed during the three months ended March 31, 2022 was $103,813. As of March 31, 2022, the Company was in compliance with the covenants of the Series A Notes. As of March 31, 2022, Geoffrey Scott, a director of the Company owned $4,573,534 of principal of the Series A Notes. Series 2023 Notes (Amended) In August 2013, the Company received $10,500,000 of financing through the private placement of 10% mandatory convertible Notes due 2023 ("Series 2023 Notes"). The principal amount of the Notes is due on maturity. The Company can elect to pay semi-annual interest on the Series 2023 Notes with additional PIK Notes containing the same terms as the Series 2023 Notes, except interest will accrue from issuance of such notes. The Company can also elect to pay interest in cash. The Series 2023 Notes convert into the Company’s common stock at a conversion price of $0.59 per share, which is subject to customary anti-dilution adjustments; the holders may convert the Series 2023 Notes at any time. The Series 2023 Notes are mandatorily convertible after one year when the weighted average trading price of a share of the common stock for the preceding ten trading days is in excess of the conversion price. The Series 2023 Notes contain customary representations and warranties and several covenants. The proceeds are being used for general corporate purposes. No broker was used and no commission was paid in connection with the sale of the Series 2023 Notes. These Series 2023 Notes were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation. In addition to the customary anti-dilution provisions the notes contain a down-round provision whereby the conversion price would be adjusted downward in the event that additional shares of the Company’s common stock or securities exercisable, convertible or exchangeable for the Company’s common stock were issued for cash consideration (e.g. a capital raise) at a price less than the conversion price. Therefore, the estimated fair value of the conversion feature of $2,055,000 (based on observable inputs using a Monte Carlo model) was bifurcated from the Series 2023 Notes and accounted for as a separate derivative liability, which resulted in a corresponding amount of debt discount on the Series 2023 Notes. The debt discount is being amortized using the effective interest method over the 10-year term of the Series 2023 Notes as Interest Expense, while the PIK Note Derivative is carried at fair value (using a Monte Carlo model) until the Series 2023 Notes are converted or otherwise extinguished. Any changes in fair value are recognized in earnings. During the three months ended March 31, 2022, the Company issued additional PIK Notes of $265,813 in lieu of cash interest payments. The carrying value of the Series 2023 Notes Payable was $18,025,635 as of March 31, 2022.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure	NOTE 8 – STOCKHOLDERS’ EQUITY Preferred Stock The Company is authorized to issue 10,000,000 shares of noncumulative, non-voting, nonconvertible preferred stock, $0.001 par value per share. At March 31, 2022 and December 31, 2021, 187,000 and 262,000 shares of preferred stock were issued and outstanding, respectively. 2022 During the three months ended March 31, 2022, no shares of preferred stock were issued. 2021 During the three months ended March 31, 2021 , 95,000 shares of Series B Preferred Stock were issued at a stated price of $1.084 per share for cash proceeds of $100,000, net of $3,000 legal fees. Each share of Series B Preferred Shares will carry an annual dividend in the amount of twelve percent (12%) of the Stated Value (the “ Dividend Rate”), which shall be cumulative and compounded daily, payable solely upon redemption, liquidation or conversion. The Company has the right to redeem all or any portion of the shares within 180 days following the issuance day. The Holder shall have the right from time to time, and at any time during the period beginning on the date which is one hundred eighty (180) days following the Issuance Date, to convert all or any part of the outstanding Series B Preferred Stock into fully paid and non-assessable shares of Common Stock. The conversion price (the “Conversion Price”) shall equal the 61% multiplied by the Market Price (representing a discount rate of 39%). “Market Price” means the lowest Trading Price for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. At the time of issuance, the Company evaluated the nature of Series B Preferred Stock and concluded it more akin to equity and recorded it as permanent equity. The Company also recorded $60,738 beneficial conversion feature to additional paid in capital and amortized at the time of issuance. On March 31, 2021, the Company recorded Deemed dividend on Convertible Series B Preferred Stock of $14,172. Common Stock The Company is authorized to issue 700,000,000 shares of common stock with a $0.001 par value per share. At March 31, 2022 and December 31, 2021, 252,563,747 and 217,655,150 shares were issued and outstanding, respectively. 2022 During the three months ended March 31, 2022, (i) 20,164,153 shares were issued upon the conversion of 75,000 shares of Series B Preferred Stock, (ii) 10,000,000 shares were issued as in conjunction with entering into a consulting agreement with an investor relations firm, (iii) 4,444,444 shares were issued to settle certain liabilities and (iv) 300,000 shares were issued as debt issuance cost. 2021 During the three months ended March 31, 2021, (i) 6,167,273 shares were issued upon the conversion of 128,000 shares of Preferred Stock, (ii) 3,836,475 shares were issued upon cashless exercised of 9,528,689 options, and (iii) 1,162,791 shares were issued in lieu of a bonus payment of $58,140.

OPTIONS AND WARRANTS TO PURCHAS

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK	3 Months Ended
	Mar. 31, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments	NOTE 9 – OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK Outstanding Stock Warrants A summary of the status and changes of the warrants issued for the three months ended March 31, 2022: Shares Issuable Weighted Average Outstanding at December 31, 2021 11,000,000 $ 0.10 Issued - - Exercised - Forfeited - - Outstanding at March 31, 2022 11,000,000 $ 0.10 At March 31, 2022, the intrinsic value of the outstanding warrants was $0. A summary of the status of the warrants outstanding and exercisable at March 31, 2022 is presented below: Warrants Outstanding and Exercisable Shares Issuable Weighted Average upon Exercise of Remaining Weighted Average Exercise Price Outstanding Warrants Contractual Life (years) Exercise Price $ 0.10 11,000,000 0.71 $ 0.10 11,000,000 0.71 $ 0.10 Common Stock Options On November 20, 2012, the shareholders of the Company approved the adoption of the Applied Minerals, Inc. 2012 Long-Term Incentive Plan (“LTIP”) and the Short-Term Incentive Plan (“STIP”) and the performance criteria used in setting performance goals for awards intended to be performance-based. Under the LTIP, 8,900,000 shares are authorized for issuance. The STIP does not refer to a particular number of shares under the LTIP, but would use the shares authorized in the LTIP for issuance under the STIP. The CEO, the CFO, and named executive officers, and directors, among others are eligible to participate in the LTIP and STIP. Prior to the adoption of the LTIP and STIP, stock options were granted under individual arrangements between the Company and the grantees, and approved by the Board of Directors. On December 7, 2016, the stockholders of the Company approved the 2016 Incentive Plan. The purpose of the 2016 Incentive Plan is to enhance the profitability and value of the Company for the benefit of its stockholders by enabling the Company to offer eligible employees, consultants, and non-employee directors incentive awards in order to attract, retain and reward such individuals and strengthen the mutuality of interests between such individuals and the Company’s stockholders. The aggregate number of shares of Common Stock that may be issued or used for reference purposes under the 2016 Incentive Plan or with respect to which awards may be granted may not exceed 15,000,000 shares, which may be either (i) authorized and unissued Common Stock or (ii) Common Stock held in or acquired for the treasury of the Company. The Compensation Committee of the Company Board of Directors has full authority to administer and interpret the 2016 Incentive Plan, to grant awards under the 2016 Incentive Plan, to determine the persons to whom awards will be granted, to determine the types of awards to be granted, to determine the terms and conditions of each award, to determine the number of shares of Common Stock to be covered by each award and to make all other determinations in connection with the 2016 Incentive Plan and the awards thereunder as the Committee, in its sole discretion, deems necessary or desirable. The fair value of each of the Company's stock option awards is estimated on the date of grant using the Black-Scholes option-pricing model. Expected volatility is based on an average of historical volatility of the Company's common stock. The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury Bond on the date the award is granted with a maturity equal to the expected term of the award. During 2021 the Company issued options to purchase 9,450,000 shares of its common stock with an exercise price of $0.03 and a term of five years to certain executives and directors. A summary of the status and changes of the options granted under stock option plans and other agreements during the three months ended March 31, 2022: Shares Issued Upon Exercise of Weighted Average Outstanding at December 31, 2021 52,790,845 $ 0.25 Granted - - Exercised - - Forfeited (2,904,653 ) 0.83 Outstanding at March 31, 2022 49,886,192 $ 0.21 A summary of the status of the options outstanding at March 31, 2022 is presented below: Options Outstanding Options Exercisable Range of per Shares Weighted Per share Shares Weighted Per share $0.03 - $0.08 38,409,881 5.16 $ 0.05 36,834,881 5.20 $ 0.05 $0.10 - $0.84 7,434,251 1.67 0.33 7,434,251 1.67 0.33 $1.10 - $1.66 4,042,060 0.71 1.57 4,042,060 0.71 1.57 49,886,192 4.28 $ 0.21 48,311,192 4.28 $ 0.23 Compensation expense of $21,211, and $3,943, has been recognized for the vested options for the three months ended March 31, 2022 and 2021, respectively. On August 18, 2017, the Company’s management was granted performance-based options to purchase 27.5 million shares of the Company’s common stock at $0.06 per share. The options expire on August 18, 2027. On November 1, 2017, the first fifty percent (50%) of the performance-based options vested as management was able to (i) close the sale of an aggregate of $600,000 of units (consisting of a share of common stock of the Company and a warrant to buy 0.25 of a share of common stock of the Company) at $0.04 per unit and (ii) establish toll processing arrangements with two toll processors of halloysite that, in management’s good faith belief, can process halloysite to the Company’s specifications. An additional twenty-five percent (25%) of the performance-based options vested on January 18, 2018 when management generated $900,000 of additional cash proceeds through (i) the sale of common stock and (ii) the licensing of a right to explore the Dragon Mine property for certain precious metals. The vesting of the remaining 8.3%, 8.3% and 8.4% of the performance-based options was scheduled to occur when (i) EBITDA is positive over a twelve-month period, (ii) EBITDA is at or greater than $2 million over a twelve-month period and (iii) EBITDA is at or greater than $4 million over a twelve-month period, respectively. Of the 27.5 million performance options granted to management in August 2017, approximately 14.3 million were outstanding at March 31, 2022. The reduction was due to the forfeiture of options to purchase 0.4 million shares of common stock and the exercise of options to purchase approximately 9.5 million shares of common stock during the three months ended March 31, 2021. In July, 2021, the board accelerated the vesting of 1,195,138 options granted to Christopher Carney in August, 2017 and accelerated the vesting of 333,333 options granted in March 2019 to Sharad Mathur, CTO. In July 2021 the board approved a grant to management of options to purchase 5.7 million shares of common stock at $0.03 per share. The options have a term of five years. Fifty percent (50%) of the grant vested in July 2021 and the remainder vests in equal monthly amounts through June 2022. In July 2021 the board approved a grant to the directors and a consultant of options to purchase 3.75 million shares of common stock at $0.03 per share. The options have a term of five years. Fifty percent (50%) of the grant vested in July 2021 and the remainder vests in equal monthly amounts through June 2022. The fair value of the options granted in July on the grant date using the Black Scholes model was $169,690. As of March 31, 2022, the Company had $26,632 of unamortized compensation expense.

PER SHARE DATA

PER SHARE DATA	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 1 0 - PER SHARE DATA The computation of basic earnings (loss) per share of common stock is based on the weighted average number of shares outstanding during the year. The computation of diluted earnings per common share is based on the weighted average number of shares outstanding during the year plus the common stock equivalents that would arise from the exercise of stock options and warrants outstanding under the treasury method and the average market price per share during the year as well as the conversion of notes. At March 31, 2022, the weighted average shares outstanding excluded options to purchase 49,866,192 shares of common stock of the Company, warrants to purchase 11,000,000 shares of common stock of the Company and 136,515,636 shares of common stock of the Company issuable upon the conversion of notes because their effect would be anti-dilutive. At December 31, 2021, the weighted average shares outstanding excluded options to purchase 52,790,845 shares of common stock of the Company, warrants to purchase 11,000,000 shares of common stock of the Company and 124,437,208 shares of common stock of the Company issuable upon the conversion of notes payable because their effect would be anti-dilutive.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 1 1 – SUBSEQUENT EVENT S On May 2, 2022 the Company issued 9,275,000 upon the conversion of shares of Series B Preferred Stock. On May 2, 2022, the Company issued 78,000 shares of Series B Preferred Stock for cash proceeds totaling $75,000, net for $3,000 in legal fees. The details of the Series B Preferred Stock are included in a Form 8-K filed on May 6, 2022.

BASIS OF REPORTING AND SIGNIF_2

BASIS OF REPORTING AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company’s Consolidated Condensed Financial Statements and accompanying notes. Actual results may differ materially from those estimates. As of March 31, 2022, the extent to which the COVID-19 pandemic will impact our business going forward depends on numerous dynamic factors, which we cannot reliably predict. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As the events continue to evolve with respect to the pandemic, our estimates may materially change in future periods.
Concentration of Credit Risk	Concentration of Credit Risk Cash balances, accounts receivable and derivative financial instruments are financial instruments potentially subject to credit risk. Cash and cash equivalents are maintained in bank deposit accounts, which, at times, may exceed the federally insured limits. Management periodically reviews and assesses the financial condition of the banks to mitigate the risk of loss. For the three months ended March 31, 2022 and 2021, revenues from the Company’s largest customer accounted for 36% and 56% of total revenues, respectively. As of March 31, 2022 and 2021, amounts owed from these customers comprised 0% and 42% of accounts receivable, respectively.
Receivables	Receivables Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts. Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party’s credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable. No allowance was required at March 31, 2022 and December 31, 2021.
Property and Equipment	Property and Equipment Property and equipment are carried at cost net of accumulated depreciation and amortization. Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows: Estimated Useful Life (years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount. If this comparison indicates that there is impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell. The Company has determined that there was no impairment of its long-lived assets as of March 31, 2022 and 2021.
Revenue Recognition	Revenue Recognition Revenue includes sales of halloysite clay and iron oxide and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on contractual arrangements with the Company’s customers. The Company’s revenue recognition policies are established in accordance with the Revenue Recognition topics of ASC 606, and accordingly, revenue is recognized when control of the promised goods or services is transferred to our clients, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. To determine revenue recognition for arrangements within the scope of ASC 606, the Company performs the following five steps: (1) identify the contracts with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when or as the entity satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods it transfers to the customer. The Company recognizes revenue at a point in time based on management’s evaluation of when performance obligations under the terms of a contract with the customer are satisfied and control of the product has been transferred to the customer. In most situations, transfer of control is considered complete when the products have been shipped to the customer.
Mining Exploration and Development Costs	Mining Exploration and Development Costs Land and mining property are carried at cost. The Company expenses prospecting and mining exploration costs. At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.
Income taxes	Income taxes The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A full valuation allowance has been provided for the Company’s net deferred tax assets as it is more likely than not that they will not be realized. Authoritative guidance provides that the tax effects from an uncertain tax position taken or expected to be taken in a tax return can be recognized in our financial statements only if the position is more likely than not of being sustained on audit based on the technical merits of the position. As of March 31, 2022, no benefit from uncertain tax positions was recognized in our financial statements. The Company has elected to classify interest and/or penalties related to income tax matters in income tax expense.
Stock Options and Warrants	Stock Options and Warrants The Company follows ASC 718, which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period. The Company instituted a formal long-term and short-term incentive plan on November 20, 2012, which was approved by its shareholders. Prior to that date, we did not have a formal equity plan, but all equity grants, including stock options and warrants, were approved by our Board of Directors. We determine the fair value of the stock-based compensation awards granted to non-employees as either the fair value of the consideration received or the fair value of the equity instruments issued, whichever is more reliably measurable. If the fair value of the equity instruments issued is used, it is measured using the stock price and other measurement assumptions as of the earlier of either of (1) the date at which a commitment for performance by the counterparty to earn the equity instruments is reached, or (2) the date at which the counterparty’s performance is complete. Beginning in the quarter ended June 30, 2013 the Company began using the simplified method to determine the expected term for any options granted because the Company did not have sufficient historical exercise data to provide a reasonable basis upon which to estimate expected term. The Company previously utilized the contractual term as the expected term.
Environmental Matters	Environmental Matters Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate. Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed. Liabilities are recognized when environmental assessments indicate that remediation efforts are probable, and the costs can be reasonably estimated. Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors and include estimates of associated legal costs. These amounts also reflect prior experience in remediating contaminated sites, other companies’ clean-up experience and data released by The Environmental Protection Agency or other organizations. Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology, and inflation. Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability. The Company has posted a cash bond in the amount of $297,000 required by the Utah Department of Oil, Gas and Minerals to cover estimated reclamation costs related the Company large mining permit for its Dragon Mine property.
Note Payable - Convertible	Note Payable - Convertible The Company follows ASC 480-10, Distinguishing Liabilities from Equity
Recent Issued Accounting Pronouncements	Recent Issued Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, which simplifies the guidance on the issuer’s accounting for convertible debt instruments by removing the separation models for (1) convertible debt with a cash conversion feature and (2) convertible instruments with a beneficial conversion feature. As a result, entities will not separately present in equity an embedded conversion feature in such debt and will account for a convertible debt instrument wholly as debt, unless certain other conditions are met. The elimination of these models will reduce reported interest expense and increase reported net income for entities that have issued a convertible instrument that is within the scope of ASU 2020-06. Also, ASU 2020-06 requires the application of the if-converted method for calculating diluted earnings per share and treasury stock method will be no longer available. ASU 2020-06 is applicable for fiscal years beginning after December 15, 2021, with early adoption permitted no earlier than fiscal years beginning after December 15, 2020. The Company adopted ASU 2020-06 for its fiscal year ending December 31, 2021.

BASIS OF REPORTING AND SIGNIF_3

BASIS OF REPORTING AND SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Property Plant And Equipment Estimated Useful Lives	Property and equipment are carried at cost net of accumulated depreciation and amortization. Depreciation and amortization is computed on the straight-line method over the estimated useful lives of the assets, or the life of the lease, whichever is shorter, as follows: Estimated Useful Life (years) Building and Building Improvements 5 – 40 Mining equipment 2 – 7 Office and shop furniture and equipment 3 – 7 Vehicles 5

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Line Items]
Schedule Of Supplemental Cash Flow and Balance Sheet Information Related To Leases	Supplemental cash flow information related to leases: Three months ended Operating cash flows paid for operating leases $ 29,085 Non-cash lease expense $ 28,111
Schedule Finance Lease Liability Fiscal Year Maturity	The following table summarizes the maturity of lease liability under finance lease as of March 31, 2022: 2022 $ 10,574 2023 14,099 2024 14,099 2025 4,700 Total lease payments 43,472 Less: imputed interest (3,590 ) Total lease liabilities $ 39,882 Less: current portion (12,159 ) Noncurrent lease liabilities $ 27,723
Equipment [Member]
Leases [Line Items]
Schedule Of Supplemental Cash Flow and Balance Sheet Information Related To Leases	Supplemental balance sheet information related to leases: As of March 31, 2022 Finance lease Right-of-use assets $ 39,882 Current portion of finance lease liability $ 12,159 Long-term finance lease liability 27,723 Total finance lease liability $ 39,882 Weighted average remaining operating lease term 3.08 years Weighted average discount rate 6 %
Schedule Finance Lease Liability Fiscal Year Maturity	Supplemental cash flow information related to leases: Three months ended March 31, 2022 Finance cash flows used in finance lease $ (2,754 Operating cash flows from finance lease $ 2,754

DEPOSIT (Tables)

DEPOSIT (Tables)	3 Months Ended
	Mar. 31, 2022
Deposit [Abstract]
Schedule of deposit assets type	The following is a summary of deposit: March 31, December 31, Cash Bond (Mine Permit deposit) $ 297,191 $ 297,160 Office Lease Security Deposit 39,168 39,168 Total $ 336,359 $ 336,328

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Notes Payable	Notes payable at March 31, 2022 and December 31, 2021 consist of the following: March 31, 2022 December 31, 2021 Note payable to insurance companies, payable $1,780 and $12,804 monthly, (a) $ 69,865 $ 112,835 Promissory note (b) $ 73,260 $ - Loan payable (c) $ 120,620 $ $ 263,745 $ 112,835 Less: Current Portion $ (263,745 ) $ (112,835 ) Notes Payable, Long-Term Portion $ - $ - (a) In October 2021, the Company entered into two notes payable with interest rates of 4.04% and 6.29% with an insurance company for liability insurance, payable in 10 monthly installment payments, which started in November 2021. (b) In January 2022, the Company entered into a promissory note agreement for $90,000, including an original issue discount of 16.7% resulting in net proceeds of $75,000. The annual interest rate is 10%. Principal and interest is due to the lender in seven equal monthly payments of $14,142.50 commencing on June 24, 2022 until the promissory note is paid in full no later than January 24, 2023. In the event of default, the lender will have the right to convert the outstanding principal and interest into stock at a price equal to ninety (90) percent of the lowest trading price over a ten (10) day trading period immediately prior to the date of conversion. As part of entering into the promissory note agreement, the Company issued 300,000 restricted shares of common stock under the lender. (c) In March 2022, the Company entered into a loan payable with a lender for $125,000. Payment of the loan includes one installment of $1,215.19 followed by seventy-nine (79) weekly installments of $2,025.32 totaling $165,000. The lender has been provided a security interest in certain inventory and equipment. Excluded is the Company’s Alpine mill and related equipment.

CONVERTIBLE DEBT (Tables)

CONVERTIBLE DEBT (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Instruments [Abstract]
Debt Instrument Redemption [Table Text Block]	The key terms of the Series A and Series 2023 Notes, as amended, are highlighted in the table below: Key Terms Series 2023 Notes Series A Notes Inception Date 08/01/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 Maturity (Term) Matures on August 1, 2023, but convertible into shares of the Company’s common stock at the discretion of the holder or by the Company based on the market price of the Company’s stock; Matures on May 1, 2023 but extends to August 1, 2023 if the Series 2023 Notes are still outstanding. Convertible into shares of the Company’s common stock at the discretion of the holder or by the Company based on the market price of the Company’s stock; Exercise Price $0.51, as adjusted downward based on anti-dilution provisions/down - round protection $0.30, as adjusted downward based on anti-dilution provisions/down-round protection; Stated Interest 10% per annum through December 14, 2017, 3% per annum thereafter, due semiannually; 10% per annum through December 14, 2017, 3% per annum thereafter, due semiannually;
Convertible Debt	As of March 31, 2022, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Total PIK Note Payable, Gross $ 18,025,635 $ 29,924,299 $ 47,949,934 Less: Discount - (577,289 ) (577,289 ) PIK Note Payable, Net $ 18,025,635 $ 29,347,010 $ 47,372,645 As of December 31, 2021, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Total PIK Note Payable, Gross $ 17,759,822 $ 29,925,760 $ 47,685,582 Less: Discount - (681,102 ) (681,102 ) PIK Note Payable, Net $ 17,759,822 $ 29,244,658 $ 47,004,480

OPTIONS AND WARRANTS TO PURCH_2

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Tables)	3 Months Ended
	Mar. 31, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule Of Warrants Or Rights [Table Text Block]	A summary of the status and changes of the warrants issued for the three months ended March 31, 2022: Shares Issuable Weighted Average Outstanding at December 31, 2021 11,000,000 $ 0.10 Issued - - Exercised - Forfeited - - Outstanding at March 31, 2022 11,000,000 $ 0.10
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	A summary of the status of the warrants outstanding and exercisable at March 31, 2022 is presented below: Warrants Outstanding and Exercisable Shares Issuable Weighted Average upon Exercise of Remaining Weighted Average Exercise Price Outstanding Warrants Contractual Life (years) Exercise Price $ 0.10 11,000,000 0.71 $ 0.10 11,000,000 0.71 $ 0.10
Share-based Compensation, Stock Options, Activity [Table Text Block]	A summary of the status and changes of the options granted under stock option plans and other agreements during the three months ended March 31, 2022: Shares Issued Upon Exercise of Weighted Average Outstanding at December 31, 2021 52,790,845 $ 0.25 Granted - - Exercised - - Forfeited (2,904,653 ) 0.83 Outstanding at March 31, 2022 49,886,192 $ 0.21
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	A summary of the status of the options outstanding at March 31, 2022 is presented below: Options Outstanding Options Exercisable Range of per Shares Weighted Per share Shares Weighted Per share $0.03 - $0.08 38,409,881 5.16 $ 0.05 36,834,881 5.20 $ 0.05 $0.10 - $0.84 7,434,251 1.67 0.33 7,434,251 1.67 0.33 $1.10 - $1.66 4,042,060 0.71 1.57 4,042,060 0.71 1.57 49,886,192 4.28 $ 0.21 48,311,192 4.28 $ 0.23

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Textual)	Dec. 22, 2017USD ($)	Oct. 31, 2019T	Mar. 31, 2022	Mar. 25, 2020USD ($)
Tintic Copper and Gold, Inc. [Member]
Exploration Agreement Option To Purchase Consideration				$ 1,050,000
Right Of First Offer Value				$ 250,000
AMIRON iron oxide [Member]
Supply of Materials | T		30,000
Period of Supply		2 years
CMC [Member]
Exploration Agreement Payments Upon Expiration Of Due Diligence Period	$ 350,000
Exploration Agreement Payments On Or Before First Anniversary Of Effective Date Of Agreement	150,000
Exploration Agreement Payments On Or Before Each Subsequent Anniversary Of Effective Date During Exploration License Term	$ 250,000
Exploration License Agreement Terms			10 years

BASIS OF REPORTING AND SIGNIF_4

BASIS OF REPORTING AND SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Mar. 31, 2022
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	40 years
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years
Mining equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Mining equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	2 years
Office and shop furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Office and shop furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Vehicles [Member]
Property, Plant and Equipment, Useful Life	5 years

BASIS OF REPORTING AND SIGNIF_5

BASIS OF REPORTING AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cost of Services, Oil and Gas	$ 297,000
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | Largest Customer [Member]
Concentration Risk, Percentage	36.00%	56.00%
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Largest Customer [Member]
Concentration Risk, Percentage	0.00%	42.00%

LEASES (Details)

LEASES (Details) - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Leases [Line Items]
Non-cash lease expense	$ 28,111	$ 26,430
Payments on finance lease liability	(6,029)	$ 0
Permanent Office Space [Member]
Leases [Line Items]
Operating cash flows paid for operating leases	29,085
Non-cash lease expense	28,111
Equipment [Member]
Leases [Line Items]
Payments on finance lease liability	(2,754)
Operating cash flows from finance lease	$ 2,754

LEASES (Details 1)

LEASES (Details 1) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Leases [Line Items]
Finance lease Right-of-use assets	$ 39,882	$ 42,821
Current portion of finance lease liability	12,159	11,986
Long-term finance lease liability	27,723	$ 30,835
Equipment [Member]
Leases [Line Items]
Finance lease Right-of-use assets	39,882
Current portion of finance lease liability	12,159
Long-term finance lease liability	27,723
Total finance lease liability	$ 39,882
Weighted average remaining operating lease term	3 years 29 days
Weighted average discount rate	6.00%

LEASES (Details 2)

LEASES (Details 2) - Equipment [Member]	Mar. 31, 2022USD ($)
Leases [Line Items]
2022	$ 10,574
2023	14,099
2024	14,099
2025	4,700
Total lease payments	43,472
Less: imputed interest	(3,590)
Total lease liabilities	39,882
Less: current portion	(12,159)
Noncurrent lease liabilities	$ 27,723

LEASES (Details Textual)

LEASES (Details Textual) - USD ($)	May 14, 2021	Jul. 31, 2021	Jul. 31, 2020	Mar. 16, 2017
Leases [Line Items]
Lessee, Operating Lease, Term of Contract				5 years
Operating Leases, Rent Expense, Minimum Rentals				$ 9,000
Finance lease agreement term	4 years
Finance Leases, Rent Expense, Minimum Rentals	$ 1,107
NEW YORK [Member]
Leases [Line Items]
Lessee Operating Sub Lease Expiration Date		Apr. 1, 2022
Operating Leases, Rent Expense, Sublease Rentals			$ 7,048.5
Percentage of Increase of Sublease Base Rent		2.50%

DEPOSIT (Details)

DEPOSIT (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Schedule Of Deposit Assets Type [Line Items]
Deposits Assets	$ 336,359	$ 336,328
Cash Bond (Mine Permit deposit) [Member]
Schedule Of Deposit Assets Type [Line Items]
Deposits Assets	297,191	297,160
Office Lease Security Deposit [Member]
Schedule Of Deposit Assets Type [Line Items]
Deposits Assets	$ 39,168	$ 39,168

NOTES PAYABLE (Details)

NOTES PAYABLE (Details) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Note Payable Mining Equipment	$ 263,745	$ 112,835
Less: Current Portion	(263,745)	(112,835)
Notes Payable, Long-Term Portion	0	0
Note Payable Insurance Company One [Member]
Note Payable Mining Equipment	69,865	112,835
Promissory Note [Member]
Note Payable Mining Equipment	73,260	$ 0
Loan Payable [Member]
Note Payable Mining Equipment	$ 120,620

NOTES PAYABLE - Summary of Not

NOTES PAYABLE - Summary of Note Payable (Details) (Parenthetical) - Note Payable Insurance Company One [Member]	3 Months Ended
	Mar. 31, 2022USD ($)
Minimum [Member]
Note payable, monthly payment	$ 1,780
Maximum [Member]
Note payable, monthly payment	$ 12,804

NOTES PAYABLE (Details Textual)

NOTES PAYABLE (Details Textual)	Mar. 09, 2022USD ($)wk	Oct. 31, 2021	Jan. 31, 2022USD ($)Dayshares	Mar. 31, 2022USD ($)shares	Mar. 31, 2021USD ($)	Dec. 31, 2021shares
Debt Instrument, Periodic Payment, Interest				$ 2,312	$ 985
Common Stock, Shares, Issued | shares				252,563,747		217,655,150
Small Business Financial Solutions, LLC Member [Member]
Debt Instrument, Face Amount	$ 125,000
Debt Instrument Number Of Monthly Instalments | wk	79
Note Payable Insurance Company One [Member] | Small Business Financial Solutions, LLC Member [Member]
Debt Instrument, Periodic Payment	$ 1,215.19
Note Payable Insurance Company Two [Member] | Small Business Financial Solutions, LLC Member [Member]
Debt Instrument, Periodic Payment	2,025.32
Note Payable Insurance Company Three [Member] | Small Business Financial Solutions, LLC Member [Member]
Debt Instrument, Periodic Payment	$ 165,000
Notes Payable Others [Member]
Debt Instrument, Term		10 months
Promissory Note [Member]
Debt Instrument, Face Amount			$ 90,000
Debt Instrument, Periodic Payment			$ 14,142.5
Debt Instrument, Discount rate			16.70%
Proceeds from debt			$ 75,000
Debt Instrument, Interest Rate Terms			10
Debt Instrument, Maturity Date Range, End			Jan. 24, 2023
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger			90.00%
Debt Instrument, Convertible, Threshold Trading Days | Day			10
Common Stock, Shares, Issued | shares			300,000
Maximum [Member] | Note Payable Insurance Company One [Member]
Debt Instrument, Periodic Payment				$ 12,804
Maximum [Member] | Notes Payable Others [Member]
Debt Instrument, Interest Rate, Stated Percentage		6.29%
Minimum [Member] | Note Payable Insurance Company One [Member]
Debt Instrument, Periodic Payment				$ 1,780
Minimum [Member] | Notes Payable Others [Member]
Debt Instrument, Interest Rate, Stated Percentage		4.04%

CONVERTIBLE DEBT (Details)

CONVERTIBLE DEBT (Details) - USD ($)	Nov. 03, 2014	Mar. 31, 2022
Series 2023 Notes [Member]
Inception Date	Aug. 1, 2013
Cash Received	$ 10,500,000
Principal (Initial Liability)	$ 10,500,000
Maturity (Term)	Aug. 1, 2023
Exercise Price	$ 0.51
Stated Interest	10.00%
Payments	In April 2019 the Company entered into a settlement agreement with the holders of the Series A Notes and Series 2023 Notes (the “PIK Notes”). Per the terms of the agreement the Company will pay to holders of PIK Notes on a pro rata basis the following percentages of revenue booked during a fiscal quarter: (a) three percent (3%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is less than $3 million on the last day of the fiscal quarter; or (b) five percent (5%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is greater than $3 million but less than $5 million the last day of the fiscal quarter; or (c) twelve percent (12%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is greater than $5 million.
Series A Notes [Member]
Inception Date	Nov. 3, 2014
Cash Received	$ 12,500,000
Principal (Initial Liability)	$ 19,848,486
Maturity (Term)	May 1, 2023
Exercise Price	$ 0.3
Stated Interest	10.00%	10.00%
Payments	In April 2019 the Company entered into a settlement agreement with the holders of the Series A Notes and Series 2023 Notes (the “PIK Notes”). Per the terms of the agreement the Company will pay to holders of PIK Notes on a pro rata basis the following percentages of revenue booked during a fiscal quarter: (a) three percent (3%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is less than $3 million on the last day of the fiscal quarter; or (b) five percent (5%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is greater than $3 million but less than $5 million the last day of the fiscal quarter; or (c) twelve percent (12%) of gross revenues if cash or cash equivalents on the Company’s balance sheet or otherwise is greater than $5 million.

CONVERTIBLE DEBT (Details 1)

CONVERTIBLE DEBT (Details 1) - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Less: Discount	$ (577,289)	$ (681,102)
PIK Note Payable, Net	47,372,645	47,004,480
Payment in Kind (PIK) Note [Member]
PIK Note Payable, Gross	47,949,934	47,685,582
Less: Discount	(577,289)	(681,102)
PIK Note Payable, Net	47,372,645	47,004,480
Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
PIK Note Payable, Gross	18,025,635	17,759,822
Less: Discount	0	0
PIK Note Payable, Net	18,025,635	17,759,822
Series A Notes [Member]
PIK Note Payable, Gross	103,813
Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
PIK Note Payable, Gross	29,924,299	29,925,760
Less: Discount	(577,289)	(681,102)
PIK Note Payable, Net	$ 29,347,010	$ 29,244,658

CONVERTIBLE DEBT (Details Textu

CONVERTIBLE DEBT (Details Textual)	Nov. 03, 2014USD ($)Trading$ / shares	Aug. 01, 2013USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2014USD ($)$ / shares	Dec. 31, 2021USD ($)	Dec. 31, 2013$ / shares	Aug. 05, 2013$ / shares
Debt Instrument, Unamortized Discount, Total			$ 577,289			$ 681,102
Accrued interest paid through the issuance of PIK Notes			265,813	$ 408,807
Mandatory Conversion of Note if Condition 1 Exists [Member]
Debt Instrument, Convertible, Threshold Consecutive Trading Days | Trading	30
Payment in Kind (PIK) Note [Member]
Proceeds from Convertible Debt					$ 23,000,000
Debt Instrument, Unamortized Discount, Total			577,289			681,102
Gross loan receipts			$ 47,949,934			47,685,582
Series A Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	10.00%		10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares	$ 0.3
Debt Instrument, Face Amount	$ 19,848,486
Proceeds from Convertible Debt	$ 12,500,000
Debt Instrument, Maturity Date	May 1, 2023
Convertible Notes Payable			$ 29,347,010
Gross loan receipts			103,813
Series A Notes [Member] | Geoffrey Scott [Member]
Convertible Notes Payable			4,573,534
Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Debt Instrument, Interest Rate, Stated Percentage	10.00%				10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares					$ 0.9
Debt Instrument, Face Amount	$ 19,848,486
Proceeds from Convertible Debt	12,500,000
Debt Instrument, Convertible, Beneficial Conversion Feature	9,212,285
Debt Instrument Unamortized Discount Difference Between Cash Received And Principal	$ 7,348,486
Debt Instrument, Unamortized Discount, Total			577,289			681,102
Gross loan receipts			29,924,299			29,925,760
Series A Notes [Member] | Payment in Kind (PIK) Note [Member] | Specified Event [Member]
Debt Instrument, Interest Rate, Stated Percentage	1.00%
Series A Notes [Member] | Payment in Kind (PIK) Note [Member] | Mandatory Conversion of Note if Condition 1 Exists [Member]
Debt Instrument, Convertible, Stock Price Trigger | $ / shares	$ 1
Series A Notes [Member] | Payment in Kind (PIK) Note [Member] | Mandatory Conversion of Note if Condition 2 Exists [Member]
Debt Instrument, Convertible, Threshold Consecutive Trading Days | Trading	10
Debt Instrument, Convertible, Stock Price Trigger | $ / shares	$ 1.4
Series 2023 Notes [Member]
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares	$ 0.51
Debt Instrument, Face Amount	$ 10,500,000
Proceeds from Convertible Debt	$ 10,500,000
Debt Instrument, Maturity Date	Aug. 1, 2023
Series 2023 Notes [Member] | Payment in Kind (PIK) Note [Member]
Debt Instrument, Interest Rate, Stated Percentage		10.00%					10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares							$ 1.4	$ 0.59
Proceeds from Convertible Debt		$ 10,500,000
Convertible Notes Payable, Noncurrent			18,025,635
Debt Instrument, Unamortized Discount, Total			0			0
Accrued interest paid through the issuance of PIK Notes			265,813
Gross loan receipts			$ 18,025,635			$ 17,759,822
Series 2023 Pik Note Derivative Liability [Member]
Debt Instrument, Convertible, Beneficial Conversion Feature		$ 2,055,000
Financial Instruments Subject To Mandatory Conversion Earliest Conversion			1 year
Monte carlo model [Member] | Series A Notes [Member] | Payment in Kind (PIK) Note [Member]
Debt Instrument, Unamortized Discount, Total	$ 16,560,771
Warrants Issued To Series 2023 Notes Holders [Member]
Financial Instrument Subject To Mandatory Conversion Period For Calculation Of Conversion Feature		10 years
Warrants Issued To Series A Notes Holders [Member]
Financial Instrument Subject To Mandatory Conversion Period For Calculation Of Conversion Feature	9 years

STOCKHOLDERS' EQUITY (Details T

STOCKHOLDERS' EQUITY (Details Textual)	3 Months Ended
	Mar. 31, 2022USD ($)Days$ / sharesshares	Mar. 31, 2021USD ($)$ / sharesshares	Dec. 31, 2021$ / sharesshares
Preferred Stock, Shares Authorized	10,000,000		10,000,000
Preferred Stock, Par or Stated Value Per Share | $ / shares	$ 0.001		$ 0.001
Preferred Stock, Shares Outstanding	187,000		262,000
Preferred stock, Shares Issued	187,000		262,000
Common Stock, Shares Authorized	700,000,000		700,000,000
Common Stock, Par or Stated Value Per Share | $ / shares	$ 0.001		$ 0.001
Common Stock, Shares, Issued	252,563,747		217,655,150
Common Stock, Shares, Outstanding	252,563,747		217,655,150
Stock Issued During Period, Shares, Issued for Services		9,528,689
Preferred stock conversion basis	The conversion price (the “Conversion Price”) shall equal the 61% multiplied by the Market Price (representing a discount rate of 39%). “Market Price” means the lowest Trading Price for the Common Stock during the twenty (20) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date.
Beneficial conversion feature on Convertible Series B Preferred Stock | $		$ 60,738
Deemed dividend on Series B Convertible Preferred Stock | $		$ 60,738
Issuance of shares of common stock for consulting services		9,528,689
Series B Preferred Stock [Member]
Preferred stock, Shares Issued		95,000
Shares Issued, Price Per Share | $ / shares		$ 1.084
Payments of Stock Issuance Costs | $		$ 3,000
Proceeds from Issuance of Preferred Stock | $		100,000
Preferred stock dividend rate	12.00%
Preferred stock redemption days | Days	180
Preferred stock conversion price percentage based on market price	0.61
Preferred Stock Conversion Price Discount Rate	0.39
Beneficial conversion feature on Convertible Series B Preferred Stock | $	$ 60,738
Deemed dividend on Series B Convertible Preferred Stock | $		$ 14,172
Common Stock [Member]
Common Stock, Shares Authorized	700,000,000		700,000,000
Common Stock, Par or Stated Value Per Share | $ / shares	$ 0.001		$ 0.001
Common Stock, Shares, Issued	252,563,747		217,655,150
Common Stock, Shares, Outstanding	252,563,747		217,655,150
Stock Issued During Period, Shares, Issued for Services	10,000,000	3,836,475
Beneficial conversion feature on Convertible Series B Preferred Stock | $		$ 0
Deemed dividend on Series B Convertible Preferred Stock | $		$ 0
Conversion of Stock, Shares Issued	75,000	128,000
Preferred Stock Share Issued Upon Conversion	20,164,153	6,167,273
Issuance of shares of common stock for consulting services	10,000,000	3,836,475
Shares issued as part of settlement of liability	4,444,444	1,162,791
Issuance of shares of common stock for debt issuance cost	300,000	58,140

OPTIONS AND WARRANTS TO PURCH_3

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details) - Warrant [Member]	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Issuable upon Exercise of Outstanding Warrants, Outstanding at January 1, 2019	11,000,000
Shares Issuable upon Exercise of Outstanding Warrants, Issued	0
Shares Issuable upon Exercise of Outstanding Warrants, Exercised	0
Shares Issuable upon Exercise of Outstanding Warrants, Forfeited	0
Shares Issuable upon Exercise of Outstanding Warrants, Outstanding at June 30, 2019	11,000,000
Weighted Average Exercise Price, Outstanding at January 1, 2019 | $ / shares	$ 0.1
Weighted Average Exercise Price, Issued | $ / shares	0
Weighted Average Exercise Price, Forfeited | $ / shares	0
Weighted Average Exercise Price, Outstanding at June 30, 2019 | $ / shares	$ 0.1

OPTIONS AND WARRANTS TO PURCH_4

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details 1) - Warrant [Member] - $ / shares	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Price	$ 0.1	$ 0.1
Shares Issuable upon Exercise of Outstanding Warrants	11,000,000	11,000,000
Weighted Average Remaining Contractual Life (years)	8 months 15 days
Weighted Average Exercise Price	$ 0.1
Exercise Price 1 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise Price	$ 0.1
Shares Issuable upon Exercise of Outstanding Warrants	11,000,000
Weighted Average Remaining Contractual Life (years)	8 months 15 days
Weighted Average Exercise Price	$ 0.1

OPTIONS AND WARRANTS TO PURCH_5

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details 3) - $ / shares	1 Months Ended	3 Months Ended
	Jul. 31, 2021	Mar. 31, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding at beginning of year (in shares)		52,790,845
Granted (in shares)	3,750,000	0
Exercised (in shares)		0
Forfeited (in shares)		(2,904,653)
Outstanding at end of year (in shares)		49,886,192
Outstanding at beginning of year (in dollars per share)		$ 0.25
Granted (in dollars per share)	$ 0.03	0
Exercised (in dollars per share)		0
Forfeited (in dollars per share)		0.83
Outstanding at end of year (in dollars per share)		$ 0.21

OPTIONS AND WARRANTS TO PURCH_6

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details 4)	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Number of Options Outstanding	49,886,192
Options Outstanding, Weighted Average Remaining Contractual Life (Year)	4 years 3 months 10 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 0.21
Number of Options Exercisable	48,311,192
Options Exercisable, Weighted Average Remaining Contracrual Life (Year)	4 years 3 months 10 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0.23
Range of Exercise Prices (0.03 - 0.08) [Member]
Number of Options Outstanding	38,409,881
Options Outstanding, Weighted Average Remaining Contractual Life (Year)	5 years 1 month 28 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 0.05
Number of Options Exercisable	36,834,881
Options Exercisable, Weighted Average Remaining Contracrual Life (Year)	5 years 2 months 12 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0.05
Range of Exercise Prices (0.03 - 0.08) [Member] | Maximum [Member]
Number of Options Exercisable	0.08
Range of Exercise Prices (0.03 - 0.08) [Member] | Minimum [Member]
Number of Options Exercisable	0.03
Range of Exercise Prices (0.10 - 0.84) [Member]
Number of Options Outstanding	7,434,251
Options Outstanding, Weighted Average Remaining Contractual Life (Year)	1 year 8 months 1 day
Weighted Average Exercise Price, Outstanding | $ / shares	$ 0.33
Number of Options Exercisable	7,434,251
Options Exercisable, Weighted Average Remaining Contracrual Life (Year)	1 year 8 months 1 day
Weighted Average Exercise Price, Exercisable | $ / shares	$ 0.33
Range of Exercise Prices (0.10 - 0.84) [Member] | Maximum [Member]
Number of Options Exercisable	0.84
Range of Exercise Prices (0.10 - 0.84) [Member] | Minimum [Member]
Number of Options Exercisable	0.1
Range of Exercise Prices (1.10 - 1.66) [Member]
Number of Options Outstanding	4,042,060
Options Outstanding, Weighted Average Remaining Contractual Life (Year)	8 months 15 days
Weighted Average Exercise Price, Outstanding | $ / shares	$ 1.57
Number of Options Exercisable	4,042,060
Options Exercisable, Weighted Average Remaining Contracrual Life (Year)	8 months 15 days
Weighted Average Exercise Price, Exercisable | $ / shares	$ 1.57
Range of Exercise Prices (1.10 - 1.66) [Member] | Maximum [Member]
Number of Options Exercisable	1.66
Range of Exercise Prices (1.10 - 1.66) [Member] | Minimum [Member]
Number of Options Exercisable	1.1

OPTIONS AND WARRANTS TO PURCH_7

OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK (Details Textual)	1 Months Ended				3 Months Ended		12 Months Ended
	Jun. 30, 2022USD ($)	Jul. 31, 2021$ / sharesshares	Mar. 31, 2019shares	Aug. 18, 2017USD ($)$ / shares$ / itemshares	Mar. 31, 2022USD ($)$ / sharesshares	Mar. 31, 2021USD ($)shares	Dec. 31, 2021$ / sharesshares	Jan. 18, 2018USD ($)	Dec. 07, 2016shares	Nov. 20, 2012shares
Granted (in shares)		3,750,000			0
Granted (in dollars per share) | $ / shares		$ 0.03			$ 0
Price Per Unit | $ / item				0.04
Performance based Options Vesting Feature Close Sale Of Units Amount | $				$ 600,000
Fair value, recognized as unamortized compensation | $					$ 26,632
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Nonvested | $					$ 0
Term of award		five
Fair value options, granted | $	$ 169,690
Certain Executives And Directors [Member]
Granted (in shares)							9,450,000
Granted (in dollars per share) | $ / shares							$ 0.03
Term of year							5 years
LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized										8,900,000
Incentive Plan 2016 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized									15,000,000
Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				50.00%
Performance Based Options [Member]
Granted (in shares)				27,500,000
Granted (in dollars per share) | $ / shares				$ 0.06
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Date				Aug. 18, 2027
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Outstanding					14.3
Share-based Compensation Arrangement by Share-based Payment Award, Options, forefeiture in Period						400,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, exercise in Period						9,500,000
Performance Based Options [Member] | Share-based Compensation Award, Tranche Two [Member]
Performance Based Options Vesting Feature Additional Cash Proceeds | $								$ 900,000
Performance Based Options [Member] | Share-based Compensation Award, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				8.30%
Performance Based Options [Member] | Sharebased Compensation Award Tranche Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				8.30%
Performance based Options Vesting Feature EBITDA Minimum Value Over 12 Month Period | $				$ 2,000,000
Performance Based Options [Member] | Sharebased Compensation Award Tranche Five [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage				8.40%
Performance based Options Vesting Feature EBITDA Minimum Value Over 12 Month Period | $				$ 4,000,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense | $					$ 21,211	$ 3,943
Share based compensation arrangement by share based payment award accelerated vesting, number			333,333		1,195,138
Employee Stock Option [Member] | Management [Member]
Granted (in shares)		5,700,000
Granted (in dollars per share) | $ / shares		$ 0.03
Term of award		five
Employee Stock Option [Member] | Share-based Compensation Award, Tranche One [Member] | Management [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
Employee Stock Option [Member] | Share-based Compensation Award, Tranche One [Member] | Directors and a Consultant [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		50.00%
Warrants In Connection With Units [Member]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right				0.25

PER SHARE DATA (Details Textual

PER SHARE DATA (Details Textual) - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	49,866,192	52,790,845
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	11,000,000	11,000,000
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	136,515,636	124,437,208

SUBSEQUENT EVENTS (Details Text

SUBSEQUENT EVENTS (Details Textual) - USD ($)	May 02, 2022	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021
Subsequent Event [Line Items]
Preferred stock, Shares Issued		187,000	262,000
Series B Preferred Stock [Member]
Subsequent Event [Line Items]
Preferred stock, Shares Issued				95,000
Subsequent Event [Member] | Series B Preferred Stock [Member]
Subsequent Event [Line Items]
Legal Fees	$ 3,000
Preferred stock, Shares Issued	78,000
Number of common stock issued upon conversion	9,275,000
Proceeds from Issuance of Preferred Stock	$ 75,000