Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.21.2
STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2021
STOCKHOLDERS' EQUITY  
Summary of the warrant activity

A summary of the warrant activity during the nine months ended September 30, 2021 is presented below:

    

    

    

    

    

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

 

867,286

 

5.50

 

  

 

  

Exercised

 

(2,281,668)

 

5.04

 

  

 

  

Expired

 

 

 

  

 

  

Outstanding, September 30, 2021 [1]

 

4,753,363

$

5.42

 

3.8

$

 

 

 

  

 

  

Exercisable, September 30, 2021

 

4,753,363

$

5.35

 

3.8

$

[1]   Excludes five-year warrants to purchase 368,711 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 September 30, 2021:

Warrants Outstanding

Warrants Exercisable

Weighted

Outstanding

Average

Exercisable

Exercise

Number of

Remaining Life

Number of

Price

    

Warrants

    

In Years

    

Warrants

$

4.20

 

368,711

 

3.0

 

368,711

$

4.95

 

177,223

 

1.5

 

177,223

$

5.50

 

3,998,459

 

4.0

 

3,998,459

$

6.25

32,500

3.9

32,500

$

6.38

176,470

4.2

176,470

 

4,753,363

 

3.8

 

4,753,363