Equity |
Note 11 – Equity We are authorized to issue up to a total of 950,000,000 shares of common stock having a par value of $0.001 per share. Holders of our common stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders and to receive ratably in proportion to the shares of common stock held by them any dividends declared from time to time by the Board. Our common stock has no preferences or rights of conversion, exchange, pre-exemption or other subscription rights. Common Stock Warrants. Warrant activity is as follows: | | | | | | | | | | | | | | | | | Weighted Average | | | Warrants | | Weighted Average | | Remaining Contractual | | | Outstanding | | Exercise Price | | Life (years) | | | | | | | | | | | Warrants outstanding at December 31, 2023 | | | 135,537 | | $ | 158.16 | | | 4.42 | Warrants issued | | | 444,445 | | | 22.50 | | | | Warrants exercised | | | 71,801 | | | 30.00 | | | | Warrants expired | | | - | | | - | | | | Warrants outstanding at March 31, 2024 | | | 651,783 | | $ | 51.56 | | | 4.78 | | | | | | | | | | | Warrants outstanding at December 31, 2024 | | | 207,338 | | $ | 113.78 | | | 3.68 | Warrants issued | | | - | | | - | | | | Warrants exercised | | | - | | | - | | | | Warrants expired | | | (3,701) | | | 1,000.50 | | | | Warrants outstanding at March 31, 2025 | | | 203,637 | | $ | 97.68 | | | 3.76 |
Warrants outstanding as of March 31, 2025 consisted of: | | | | | | | | | | Expiration | | Number | | Number | | Exercise | Date | | Outstanding | | Exercisable | | Price | | | | | | | | | | | October 31, 2025 | | | 10,444 | | | 10,444 | | | 232.50 | October 31, 2025 | | | 108 | | | 108 | | | 187.50 | February 26, 2026 | | | 1,922 | | | 1,922 | | | 600.00 | July 31, 2026 | | | 16,888 | | | 16,888 | | | 232.50 | May 31, 2027 | | | 30,674 | | | 30,764 | | | 262.50 | September 30, 2029 | | | 16,501 | | | 16,501 | | | 30.00 | October 31, 2029 | | | 57,250 | | | 57,250 | | | 30.00 | November 30, 2029 | | | 5,167 | | | 5,167 | | | 30.00 | December 31, 2029 | | | 64,683 | | | 64,863 | | | 30.00 | Total | | | 203,637 | | | 203,907 | | | |
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