Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS EQUITY (DEFICIT) (Tables)

v3.24.3
STOCKHOLDERS EQUITY (DEFICIT) (Tables)
9 Months Ended
Sep. 30, 2024
STOCKHOLDERS' EQUITY  
Schedule Of Stock Based Compensation

 

 

Nine months Ended September 30,

 

 

 

2024

 

 

2023

 

Expected volatility

 

 

122.46 %

 

 

112.28 %

Expected dividends

 

 

-

 

 

 

-

 

Expected term

 

5.0-5.2 years

 

 

5.3 years

 

Risk free rate

 

 

4.29 %

 

 

3.88 %
Summary of the status of the Company's Options related to the 2019 Incentive Plan

 

 

September 30, 2024

 

 

September 30, 2023

 

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Options

 

 

Weighted

Average

Exercise

Price

 

Outstanding, beginning of year

 

 

292,515

 

 

$ 35.56

 

 

 

281,637

 

 

$ 36.29

 

Forfeited

 

 

(292,515 )

 

 

35.56

 

 

 

-

 

 

 

-

 

Issued

 

 

1,031,425

 

 

 

7.96

 

 

 

10,878

 

 

 

16.74

 

Outstanding, end of period

 

 

1,031,425

 

 

$ 7.96

 

 

 

292,515

 

 

$ 35.56

 

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

 

$

6.00-11.99

 

 

 

1,031,425

 

 

 

9.68

 

 

$

6.00-11.99

 

 

 

910,966

 

 

$

7.96

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,031,425

 

 

 

9.68

 

 

 

 

 

 

 

910,966

 

 

$

7.96

 

Summary of unregistered warrants

A summary of the status of the Company’s unregistered warrants is presented below:

 

 

 

September 30, 2024

 

 

September 30, 2023

 

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding, beginning of year

 

 

671,448

 

 

$ 21.59

 

 

 

267,013

 

 

$ 47.10

 

Issued

 

 

17,832

 

 

 

8.24

 

 

 

642,397

 

 

 

14.82

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(25,690 )

 

 

46.05

 

 

 

(105,390 )

 

 

47.24

 

Outstanding, end of period

 

 

663,590

 

 

$ 20.28

 

 

 

804,020

 

 

$ 21.29

 

Schedule of unregistered warrants outstanding and exercisable by price range

Unregistered warrants outstanding and exercisable by price range as of September 30, 2024, were as follows:

 

Outstanding Warrants

 

 

Exercisable Warrants

 

Range of

 

 

Number

 

 

Average

Weighted

Remaining

Contractual

Life in Years

 

 

Exercise Price

 

 

Number

 

 

Weighted

Average

Exercise Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

6.00-11.99

 

 

 

17,832

 

 

 

4.87

 

 

$

6.00-11.99

 

 

 

17,832

 

 

 

8.24

 

12.00-17.99

 

 

 

564,376

 

 

 

2.18

 

 

12.00-17.99

 

 

 

564,376

 

 

 

16.88

 

30.00-35.99

 

 

 

36,800

 

 

 

1.67

 

 

30.00.35.99

 

 

 

36,800

 

 

 

33.00

 

36.00-41.99

 

 

 

104

 

 

 

0.08

 

 

36.00-41.99

 

 

 

104

 

 

 

38.40

 

48.00-53.99

 

 

 

4,165

 

 

 

0.80

 

 

48.00-53.99

 

 

 

4,165

 

 

 

51.60

 

54.00-55.99

 

 

 

38,543

 

 

 

0.95

 

 

54.00-55.99

 

 

 

38,543

 

 

 

57.60

 

60.00-65.99

 

 

 

281

 

 

 

1.62

 

 

60.00-65.99

 

 

 

281

 

 

 

62.40

 

66.00-71.99

 

 

 

656

 

 

 

1.32

 

 

66.00-71.99

 

 

 

656

 

 

 

67.20

 

84.00-89.99

 

 

 

833

 

 

 

0.24

 

 

84.00-89.99

 

 

 

833

 

 

 

86.40

 

 

 

 

 

 

663,590

 

 

 

2.14

 

 

 

 

 

 

 

663,590

 

 

$

20.28

 

Schedule of Common Stock Warrants - Registered

 

 

September 30, 2024

 

 

September 30, 2023

 

 

 

Number of

Registered Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Number of

Registered Warrants

 

 

Weighted

Average

Exercise

Price

 

Outstanding, beginning of year

 

 

495,917

 

 

$ 33.00

 

 

 

495,917

 

 

$ 33.00

 

Issued

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Cancelled

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, end of period

 

 

495,917

 

 

$ 33.00

 

 

 

495,917

 

 

$ 33.00

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

33.00

 

 

 

495,917

 

 

 

1.67

 

 

$

33.00

 

 

 

495,917

 

 

 

33.00

 

 

 

 

 

 

 495,917

 

 

 

 1.67

 

 

 

 

 

 

 

 495,917

 

 

$

 33.00