Warrant Activity and Summary | | | | | | | | | | | | | | | | | | | | | | | | | Warrants | | Exercise Price Per Warrant | | Weighted Average Exercise Price | | Weighted Average Term (Years) | | Outstanding and exercisable at December 31, 2025 | 22,904,879 | | | $0.95-$6.09 | | $ | 1.31 | | | 3.98 | | Issued | — | | | — | | | — | | | — | | | Exercised | (1,750,126) | | | $ | 0.95 | | | $ | 0.95 | | | — | | | Expired | (1,538,461) | | | $ | 6.09 | | | $ | 6.09 | | | — | | | Outstanding and exercisable at June 30, 2026 | 19,616,292 | | | $0.95-$1.15 | | $ | 0.96 | | | 3.73 |
The following table summarizes information about warrants outstanding at June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | Exercise Price | | Number Outstanding | | Weighted Average Remaining Contractual life (Years) | | Number Exercisable at June 30, 2026 | | | $ | 0.95 | | | 18,439,821 | | 3.73 | | 18,439,821 | * | | $ | 1.15 | | | 1,176,471 | | 3.73 | | 1,176,471 | * | | Total | | 19,616,292 | | | | | 19,616,292 | | |
*Liability classified warrants in connection with March 2025 Financings
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