Annual report [Section 13 and 15(d), not S-K Item 405]

STOCK WARRANTS

v3.25.1
STOCK WARRANTS
12 Months Ended
Dec. 31, 2024
Stock Warrants  
STOCK WARRANTS

NOTE 9 – STOCK WARRANTS

 

The following table summarizes warrant activity:

   

   

Number of

Warrants

   

Weighted Average

Exercise Price

 
Outstanding, December 31, 2022     3,446     $ 21.91  
Issued            
Exercised     (3,446 )     2.80  
Outstanding, December 31, 2023         $  
Issued            
Exercised            
Outstanding, December 31, 2024         $  
Exercisable, December 31, 2024         $  

 

On November 9, 2023, warrants to purchase an aggregate of 3,446 shares of the Company’s common stock, originally issued July 7, 2020, were exchanged on a cashless basis for 1,723 shares of Common Stock in accordance to a warrant exchange agreement. Upon issuance of such shares and cancellation of the warrants, the Company no longer has any warrants outstanding as of December 31, 2024.