STOCKHOLDERS EQUITY (DEFICIT) (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
|---|
| STOCKHOLDERS EQUITY (DEFICIT) |
|
| Summary of the status of the Company's Options related to the 2019 Incentive Plan |
|
|
June 30, 2023 |
|
|
June 30, 2022 |
|
|
|
Number of
Options
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Options
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
1,689,907 |
|
|
$ |
6.05 |
|
|
|
1,721,074 |
|
|
$ |
7.38 |
|
Forfeited |
|
|
- |
|
|
|
- |
|
|
|
(761,625 |
) |
|
|
6.81 |
|
Issued |
|
|
65,268 |
|
|
|
2.79 |
|
|
|
172,500 |
|
|
|
5.50 |
|
Outstanding, end of period |
|
|
1,755,175 |
|
|
$ |
5.93 |
|
|
|
1,131,949 |
|
|
$ |
7.48 |
|
|
| 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
|
|
| $ |
2.00-2.99 |
|
|
|
408,460 |
|
|
|
7.96 |
|
|
$ |
2.00-2.99 |
|
|
|
375,826 |
|
|
$ |
2.76 |
|
3.00-3.99 |
|
|
|
220,391 |
|
|
|
9.15 |
|
|
3.00-3.99 |
|
|
|
78,794 |
|
|
|
3.79 |
|
4.00-4.99 |
|
|
|
53,324 |
|
|
|
8.29 |
|
|
4.00-4.99 |
|
|
|
53,324 |
|
|
|
4.48 |
|
5.00-5.99 |
|
|
|
710,500 |
|
|
|
8.39 |
|
|
5.00-5.99 |
|
|
|
485,250 |
|
|
|
5.50 |
|
8.00-8.99 |
|
|
|
6,250 |
|
|
|
2.04 |
|
|
8.00-8.99 |
|
|
|
6,250 |
|
|
|
8.80 |
|
9.00-9.99 |
|
|
|
25,000 |
|
|
|
2.13 |
|
|
9.00-9.99 |
|
|
|
25,000 |
|
|
|
9.60 |
|
11.00-11.99 |
|
|
|
162,500 |
|
|
|
7.31 |
|
|
11.00-11.99 |
|
|
|
100,000 |
|
|
|
11.20 |
|
12.00-12.99 |
|
|
|
168,750 |
|
|
|
1.64 |
|
|
12.00-12.99 |
|
|
|
168,750 |
|
|
|
12.80 |
|
|
|
|
|
|
1,755,175 |
|
|
|
7.52 |
|
|
|
|
|
|
|
1,293,194 |
|
|
$ |
6.05 |
|
|
| Summary of unregistered warrants |
|
|
June 30, 2023 |
|
|
June 30, 2022 |
|
|
|
Number of
Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
1,602,198 |
|
|
$ |
7.85 |
|
|
|
2,553,635 |
|
|
$ |
7.57 |
|
Issued |
|
|
390,000 |
|
|
|
2.91 |
|
|
|
- |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
(598,518 |
) |
|
$ |
7.70 |
|
|
|
(28,591 |
) |
|
|
6.45 |
|
Outstanding, end of period |
|
|
1,393,680 |
|
|
$ |
6.53 |
|
|
|
2,525,044 |
|
|
$ |
7.57 |
|
|
| 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
2.00-2.99 |
|
|
|
390,000 |
|
|
|
2.76 |
|
|
$ |
2.00-2.99 |
|
|
|
390,000 |
|
|
$ |
2.91 |
|
5.00-5.99 |
|
|
|
220,800 |
|
|
|
2.93 |
|
|
5.00-5.99 |
|
|
|
220,800 |
|
|
|
5.50 |
|
6.00-6.99 |
|
|
|
31,875 |
|
|
|
1.25 |
|
|
6.00-6.99 |
|
|
|
31,875 |
|
|
|
6.40 |
|
8.00-8.99 |
|
|
|
476,566 |
|
|
|
0.69 |
|
|
8.00-8.99 |
|
|
|
476,566 |
|
|
|
8.03 |
|
9.00-9.99 |
|
|
|
231,938 |
|
|
|
2.20 |
|
|
9.00-9.99 |
|
|
|
231,938 |
|
|
|
9.60 |
|
10.00-10.99 |
|
|
|
1,688 |
|
|
|
2.87 |
|
|
10.00-10.99 |
|
|
|
1,688 |
|
|
|
10.40 |
|
11.00-11.99 |
|
|
|
35,813 |
|
|
|
0.50 |
|
|
11.00-11.99 |
|
|
|
35,813 |
|
|
|
11.20 |
|
14.00-14.99 |
|
|
|
5,000 |
|
|
|
1.50 |
|
|
14.00-14.99 |
|
|
|
5,000 |
|
|
|
14.40 |
|
|
|
|
|
|
1,393,680 |
|
|
|
1.89 |
|
|
|
|
|
|
|
1,393,680 |
|
|
$ |
6.53 |
|
|
| Schedule of Common Stock Warrants - Registered |
|
|
June 30, 2023 |
|
|
June 30, 2022 |
|
|
|
Number of
Registered Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
|
Number of
Registered Warrants
|
|
|
Weighted
Average
Exercise
Price
|
|
Outstanding, beginning of year |
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|
|
2,975,497 |
|
|
$ |
5.50 |
|
Issued |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Cancelled |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Outstanding, end of period |
|
|
2,975,497 |
|
|
$ |
5.50 |
|
|
|
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 |
|
|
|
2.93 |
|
|
$ |
5.50 |
|
|
|
2,975,497 |
|
|
|
5.50 |
|
|