Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.21.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
STOCKHOLDERS' EQUITY  
Summary of the warrant activity

 

 

 

 

 

 

 

 

 

 

 

 

    

    

    

    

 

    

Weighted

    

    

 

 

 

 

 

Weighted

 

Average

 

 

 

 

 

 

 

Average

 

Remaining

 

 

 

 

 

Number of

 

Exercise

 

Life

 

Intrinsic

 

 

Warrants

 

Price

 

In Years

 

Value

Outstanding, January 1, 2021

 

6,167,745

 

$

5.26

 

  

 

 

  

Issued

 

773,000

 

 

5.50

 

  

 

 

  

Exercised

 

(2,169,021)

 

 

5.07

 

  

 

 

  

Expired

 

 0

 

 

 0

 

  

 

 

  

Outstanding, March 31, 2021 [1]

 

4,771,724

 

$

5.39

 

4.3

 

$

9,108,803

 

 

 

 

 

 

 

  

 

 

  

Exercisable, March 31, 2021

 

4,595,254

 

$

5.35

 

4.2

 

$

8,946,451


[1]Excludes five-year warrants to purchase 462,997 shares of common stock at an exercise price of $5.50 per share that are issuable upon exercise of certain warrants.

Summary of stock warrants

The following table presents information related to stock warrants as of March 31, 2021:

 

 

 

 

 

 

 

 

Warrants Outstanding

 

Warrants Exercisable

 

 

 

 

 

Weighted

 

 

 

 

 

Outstanding

 

Average

 

Exercisable

Exercise

 

Number of

 

Remaining Life

 

Number of

Price

    

Warrants

    

In Years

    

Warrants

 

 

 

 

 

 

 

 

$

4.20

 

462,997

 

3.4

 

462,997

$

4.95

 

177,223

 

2.0

 

177,223

$

5.50

 

3,922,534

 

4.4

 

3,922,534

$

6.25

 

32,500

 

4.4

 

32,500

$

6.38

 

176,470

 

 0

 

 0

 

 

 

4,771,724

 

4.2

 

4,595,254