v3.23.1
Warrants
12 Months Ended
Dec. 31, 2022
Warrants  
Warrants

9. Warrants

 

The following table summarizes warrant activity for the years ended December 31, 2022 and 2021:

 

   Number of Common Warrants   Weighted Average Exercise Price   Average Remaining Contractual Term (Years)   Aggregate Intrinsic Value 
Outstanding January 1, 2021   1,164,359   $68.20    3.30   $    - 
Warrants Issued   382,588    20.20           
Warrants Exercised   (7,202)   33.41           
Outstanding December 31, 2021   1,539,745   $56.39    2.98   $- 
Warrants Expired   (254,942)    31.65           
Outstanding December 31, 2022   1,284,803   $61.30    2.53   $- 

 

 

The following represents a summary of the warrants outstanding and exercisable as of December 31, 2022:

  

 

          Adjusted         Number of Shares Underlying Warrants  
Issue Date   Classification     Exercise Price     Expiration Date   Outstanding     Exercisable  
December 17, 2021   Equity     $ 14.99     December 15, 2026     36,538       36,538  
December 17, 2021   Equity     $ 13.99     December 17, 2026     281,047       281,047  
February 16, 2021   Equity     $ 49.99     February 11, 2026     65,003       65,003  
August 7, 2020   Equity     $ 35.99     July 14, 2025     90,743       90,743  
August 7, 2020   Equity     $ 44.99     July 14, 2025     10,939       10,939  
July 23, 2020   Equity     $ 35.99     July 14, 2025     77,502       77,502  
July 13, 2020   Equity     $ 44.99     July 14, 2025     21,846       21,846  
July 13, 2020   Equity     $ 35.99     July 14, 2025     334,800       334,800  
April 8, 2019   Equity     $ 26.99     April 8, 2024     65,907       65,907  
April 8, 2019   Equity     $ 33.74     April 3, 2024     39,871       39,871  
February 12, 2019   Equity     $ 36.62     February 7, 2024     5,548       5,548  
February 12, 2019   Equity     $ 26.79     August 12, 2024     66,675       66,675  
February 4, 2019   Equity     $ 42.49     January 30, 2024     1,732       1,732  
January 31, 2019   Equity     $ 42.49     January 26, 2024     511       511  
December 3, 2018   Equity     $ 77.99     June 3, 2024     46,876       46,876  
April 3, 2018   Equity     $ 149.99     April 3, 2023     117,559       117,559  
April 4, 2018   Equity     $ 149.99     April 4, 2023     5,751       5,751  
June 15, 2015   Equity     $ 1,509.99     Five years after milestone achievement     15,955       -  
                                   
                        1,284,803       1,268,848