v3.25.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
STOCKHOLDERS EQUITY  
Summary of Warrants Outstanding

As of December 31, 2024, the Company had outstanding warrants, which were a part of the issuance of notes convertible into Series D Convertible Preferred Stock in 2020, to purchase 892,165 shares of common stock:

 

 

 

 

 

 

 

Weighted

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

 

 

 

 

 

 

 

 

Exercise

 

 

Remaining

 

 

 

 

 

 

Number

 

 

Price

 

 

Contractual

 

 

Intrinsic

 

 

 

of Shares

 

 

per share

 

 

Life (Years)

 

 

Value

 

Balance at December 31, 2022

 

 

892,165

 

 

$

0.01

 

 

 

7.37

 

 

 

 

Exercise of warrants

 

 

 

 

$

 

 

 

 

 

 

 

Forfeiture of the warrants

 

 

 

 

$

 

 

 

 

 

 

-

 

Balance at December 31, 2023

 

 

892,165

 

 

$

0.01

 

 

 

6.37

 

 

 

 

Exercise of warrants

 

 

 

 

$

 

 

 

 

 

 

 

Forfeiture of the warrants

 

 

 

 

$

 

 

 

 

 

 

-

 

Balance at December 31, 2024

 

 

892,165

 

 

$

0.01

 

 

 

5.37

 

 

 

 

Exercisable at December 31, 2024

 

 

892,165

 

 

$

0.01

 

 

 

5.37

 

 

 

-

 

Summary of Options Outstanding

 

 

 

 

 

Weighted

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

 

 

 

 

 

 

 

 

Exercise

 

 

Remaining

 

 

 

 

 

 

Number

 

 

Price

 

 

Contractual

 

 

Intrinsic

 

 

 

of Shares

 

 

per share

 

 

Life (Years)

 

 

Value

 

Balance at December 31, 2022

 

 

 

 

$

 

 

 

 

 

 

 

Issuance of options

 

 

 

 

$

 

 

 

 

 

 

 

Exercise of options

 

 

 

 

$

 

 

 

 

 

 

 

Forfeiture of the options

 

 

 

 

$

 

 

 

 

 

 

 

Balance at December 31, 2023

 

 

 

 

$

 

 

 

 

 

 

 

Issuance of options

 

 

1,150,000

 

 

$

2.88

 

 

 

 

 

 

 

Exercise of options

 

 

 

 

$

 

 

 

 

 

 

 

Forfeiture of the options

 

 

 

 

$

 

 

 

 

 

 

 

Balance at December 31, 2024

 

 

1,150,000

 

 

$

2.88

 

 

 

3.97