Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS EQUITY (DEFICIT) (Tables)

v3.22.1
STOCKHOLDERS EQUITY (DEFICIT) (Tables)
9 Months Ended
Sep. 30, 2021
STOCKHOLDERS EQUITY (DEFICIT)  
Summary of the status of the Company's Options related to the 2019 Incentive Plan

 

 

September 30, 2021

 

 

December 31, 2020

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

Outstanding, beginning of year

 

 

606,250

 

 

$ 9.67

 

 

 

362,500

 

 

$ 8.11

 

Issued

 

 

175,000

 

 

 

11.22

 

 

 

243,750

 

 

 

11.98

 

Outstanding, end of period

 

 

781,250

 

 

$ 10.02

 

 

 

606,250

 

 

$ 9.67

 

Schedule of Options outstanding and exercisable

Outstanding Options

 

 

Exercisable Options

 

Range of

Exercise

Price

 

Number

 

 

Average

Weighted

Remaining

Contractual

Life in Years

 

 

Range of

Exercise

Price

 

Number

 

 

Weighted

Average

Exercise Price

 

$

8.00-8.99

 

 

375,000

 

 

 

7.85

 

 $

 8.00-8.99

 

 

370,313

 

 

$ 8.04

 

 

9.00-9.99

 

 

25,000

 

 

 

3.88

 

 

9.00-9.99

 

 

25,000

 

 

 

9.60

 

 

11.00-11.99

 

 

187,500

 

 

 

9.19

 

 

11.00-11.99

 

 

78,125

 

 

 

11.25

 

 

12.00-12.99

 

 

193,750

 

 

 

4.04

 

 

12.00-12.99

 

 

150,000

 

 

 

12.67

 

 

 

 

 

781,250

 

 

 

7.10

 

 

 

 

 

623,438

 

 

$ 9.35

 

Summary of unregistered warrants

 

 

September 30, 2021

 

 

December 31, 2020

 

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price

 

Outstanding, beginning of year

 

 

2,502,291

 

 

$ 7.67

 

 

 

2,427,634

 

 

$ 7.43

 

Issued

 

 

226,426

 

 

 

5.64

 

 

 

287,564

 

 

 

9.34

 

Exercised

 

 

(139,099 )

 

 

6.41

 

 

 

(179,564 )

 

 

7.26

 

Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(23,980 )

 

 

5.82

 

 

 

(33,343 )

 

 

7.08

 

Outstanding, end of period

 

 

2,565,638

 

 

$ 7.57

 

 

 

2,502,291

 

 

$ 7.67

 

Schedule of unregistered warrants outstanding and exercisable by price range

Outstanding Warrants

 

 

Exercisable Warrants

 

 

Exercise

Price

 

Number

 

 

Average

Weighted

Remaining

Contractual Life

in Years

 

 

Exercise

Price

 

Number

 

 

Weighted

Average

Exercise Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 $

4.00-4.99

 

 

200,625

 

 

 

0.84

 

 $

4.00-4.99

 

 

200,625

 

 

$ 4.80

 

 

5.00-5.99

 

 

252,050

 

 

 

4.21

 

 

5.00-5.99

 

 

252,050

 

 

 

5.51

 

 

6.00-6.99

 

 

241,716

 

 

 

2.80

 

 

6.00-6.99

 

 

241,716

 

 

 

6.40

 

 

7.00-7.99

 

 

1,250

 

 

 

0.83

 

 

7.00-7.99

 

 

1,250

 

 

 

7.20

 

 

8.00-8.99

 

 

1,595,558

 

 

 

1.66

 

 

8.00-8.99

 

 

1,595,558

 

 

 

8.02

 

 

9.00-9.99

 

 

231,938

 

 

 

3.94

 

 

9.00-9.99

 

 

231,938

 

 

 

9.60

 

 

10.00-10.99

 

 

1,688

 

 

 

4.62

 

 

10.00-10.99

 

 

1,688

 

 

 

10.40

 

 

11.00-11.99

 

 

35,813

 

 

 

2.25

 

 

11.00-11.99

 

 

35,813

 

 

 

11.20

 

 

14.00-14.99

 

 

5,000

 

 

 

3.24

 

 

14.00-14.99

 

 

5,000

 

 

 

14.40

 

 

 

 

 

2,565,638

 

 

 

2.17

 

 

 

 

 

2,565,638

 

 

$ 7.57

 

Schedule of Common Stock Warrants - Registered

 

 

September 30, 2021

 

 

December 31, 2020

 

 

 

Number of

Registered Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Registered Warrants

 

 

Weighted

Average

Exercise

Price

 

Outstanding, beginning of year

 

 

-

 

 

$ -

 

 

 

-

 

 

$ -

 

Issued

 

 

3,174,000

 

 

 

5.50

 

 

 

-

 

 

 

-

 

Exercised

 

 

(198,503 )

 

 

5.50

 

 

 

-

 

 

 

-

 

Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, end of period

 

 

2,975,497

 

 

$ 5.50

 

 

 

-

 

 

$ -

 

Schedule of registered warrants outstanding and exercisable by price range

Outstanding Registered Warrants

 

 

Exercisable Registered Warrants

 

Exercise

Price

 

 

Number

 

 

Average

Weighted

Remaining

Contractual Life

in Years

 

 

Exercise

Price

 

 

Number

 

 

Weighted

Average

Exercise Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

5.50

 

 

 

2,975,497

 

 

 

4.64

 

 

$ 5.50

 

 

 

2,975,497

 

 

 

5.50

 

 

 

 

 

 

2,975,497

 

 

 

4.64

 

 

 

 

 

 

 

2,975,497

 

 

$ 5.50