Quarterly report pursuant to Section 13 or 15(d)

STOCK WARRANTS

v3.23.1
STOCK WARRANTS
3 Months Ended
Mar. 31, 2023
Stock Warrants  
STOCK WARRANTS

NOTE 6 – STOCK WARRANTS

 

At March 31, 2023, warrant shares outstanding were as follows:

 

    Number of
Warrants
    Weighted
Average
Exercise Price
 
Outstanding December 31, 2022     24,122     $ 3.13  
Issued            
Exercised            
Outstanding, March 31, 2023 (unaudited)     24,122     $ 3.13  
Exercisable, March 31, 2023 (unaudited)     24,122     $ 3.13  

 

At December 31, 2022, the Company had outstanding warrants exercisable into 24,122 shares of the Company’s common stock, which were carried forward to March 31, 2023. The warrants had been 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.

 

There was no intrinsic value of the outstanding and exercisable warrants at March 31, 2023.