Schedule of Warrant and Stock Option Grants with Time-Based Vesting |
The number of shares of the
Company’s common stock that are issuable pursuant to warrant and stock option grants with time-based vesting as of and for the six
months ended June 30, 2025 were:
| |
Warrant Grants | | |
Stock Option Grants | | |
Restricted
Stock
Units | |
| |
Number of
shares
subject to
warrants | | |
Weighted-
average
exercise
price per
share | | |
Number of
shares
subject to
options | | |
Weighted-
average
exercise
price per
share | | |
Number of
shares
subject to
restricted
stock units | |
Balance at December 31, 2024 | |
| 8,915,798 | | |
$ | 0.92 | | |
| - | | |
$ | - | | |
| 122,274 | |
Granted | |
| 34,992,009 | | |
| 0.41 | | |
| - | | |
| - | | |
| - | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Cancelled/Expired | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | |
Balance at June 30, 2025 | |
| 43,907,807 | | |
$ | 0.41 | | |
| - | | |
$ | - | | |
| 122,274 | |
Exercisable at June 30, 2025 | |
| 29,027,608 | | |
$ | 0.41 | | |
| - | | |
$ | - | | |
| 122,274 | |
The number of shares of the
Company’s common stock that are issuable pursuant to warrant and stock option grants with time-based vesting as of and for the six
months ended June 30, 2024 were:
| |
Warrant Grants | | |
Stock Option Grants | | |
Restricted Stock Units | |
| |
Number of shares subject to warrants | | |
Weighted- average exercise price per share | | |
Number of shares subject to options | | |
Weighted- average exercise price per share | | |
Number of shares subject to restricted stock units | |
Balance at December 31, 2023 | |
| 11,394 | | |
$ | 58.72 | | |
| 3,333 | | |
$ | 39.60 | | |
| 165,663 | |
Granted | |
| - | | |
| - | | |
| - | | |
| - | | |
| 88,362 | |
Exercised | |
| - | | |
| - | | |
| - | | |
| - | | |
| (90,029 | ) |
Cancelled/Expired | |
| (2,293 | ) | |
| 53.64 | | |
| - | | |
| - | | |
| - | |
Balance at June 30, 2024 | |
| 9,101 | | |
$ | 60.00 | | |
| 3,333 | | |
$ | 39.60 | | |
| 163,996 | |
Exercisable at June 30, 2024 | |
| 9,101 | | |
$ | 60.00 | | |
| 3,333 | | |
$ | 39.60 | | |
| 163,996 | |
|
Schedule of Company’s Outstanding Warrants |
The Company’s outstanding
warrants at June 30, 2025 are as follows:
Warrants Outstanding | | Warrants Exercisable | Exercise Price Range | | Number Outstanding | | | Weighted Average Remaining Contractual Life (in years) | | | Weighted Average Exercise Price | | | Number Exercisable | | Weighted Average Exercise Price | | | Intrinsic Value | | $0.35 - $60.00 | | | 43,907,807 | | | | 4.31 | | | $ | 0.41 | | | 29,027,608 | | $ | 0.41 | | | | 1,206,830 | | The Company’s outstanding
warrants and options at June 30, 2024 are as follows:
Warrants Outstanding | | | Warrants Exercisable | | Exercise Price Range | | | Number Outstanding | | | Weighted Average Remaining Contractual Life (in years) | | | Weighted Average Exercise Price | | | Number Exercisable | | | Weighted Average Exercise Price | | | Intrinsic
Value | | $ | 60.00 | | | | 9,101 | | | | 1.51 | | | $ | 60.00 | | | | 9,101 | | | $ | 60.00 | | | | - | |
Options Outstanding | | | Options Exercisable | | Exercise Price Range | | | Number Outstanding | | | Weighted Average Remaining Contractual Life (in years) | | | Weighted Average Exercise Price | | | Number Exercisable | | | Weighted Average Exercise Price | | | Intrinsic
Value | | $ | 39.60 | | | | 3,333 | | | | 0.41 | | | $ | 39.60 | | | | 3,333 | | | $ | 39.60 | | | | - | |
|