Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS

v3.22.2.2
STOCK WARRANTS
9 Months Ended
Sep. 30, 2022
Stock Warrants  
STOCK WARRANTS

NOTE 7 – STOCK WARRANTS

 

The following table summarizes warrants:

 

   

Number of

Warrants

   

Weighted Average

Exercise Price

 
Outstanding December 31, 2021     24,122     $ 3.13  
Issued            
Exercised/Forfeited/Expired            
Outstanding, September 30, 2022 (unaudited)     24,122     $ 3.13  
Exercisable, September 30, 2022 (unaudited)     24,122     $ 3.13  

 

At September 30, 2022 and December 31, 2021, the Company had outstanding warrants exercisable into 24,122 shares of the Company’s common stock. The warrants were issued in connection with a July 2020 private placement of shares of the Company’s common stock. The warrants have an exercise price of $3.13 per share and expire in July 2025.

 

The outstanding and exercisable warrants had no intrinsic value at September 30, 2022.