| WARRANTS |
Warrants
outstanding and warrant activity for the nine-months ended September 30, 2022 are as follows:
SCHEDULE OF WARRANTS OUTSTANDING AND WARRANTS ACTIVITY
| Description |
|
Classification |
|
Exercise
Price |
|
|
Expiration Date |
|
Warrants
Issued |
|
|
Balance
December 31,
2021 |
|
|
Warrants
Exercised |
|
|
Warrants
Cancelled/ Expired |
|
|
Balance
September 30,
2022 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Private Placement Warrants, issued January 25,
2017 |
|
Equity |
|
$ |
46.90 |
|
|
June
2022 |
|
|
85,500 |
|
|
|
85,500 |
|
|
|
- |
|
|
|
(85,500 |
) |
|
|
- |
|
| RedPathWarrants, issued March 22, 2017 |
|
Equity |
|
$ |
46.90 |
|
|
September
2022 |
|
|
10,000 |
|
|
|
10,000 |
|
|
|
- |
|
|
|
(10,000 |
) |
|
|
- |
|
| Underwriters Warrants, issued June 21, 2017 |
|
Liability |
|
$ |
13.20 |
|
|
December
2022 |
|
|
57,500 |
|
|
|
53,500 |
|
|
|
- |
|
|
|
- |
|
|
|
53,500 |
|
| Base & Overallotment Warrants, issued June 21, 2017 |
|
Equity |
|
$ |
12.50 |
|
|
June
2022 |
|
|
1,437,500 |
|
|
|
870,214 |
|
|
|
(9 |
) |
|
|
(870,205 |
) |
|
|
- |
|
| Warrants
issued October 12, 2017 |
|
Equity |
|
$ |
18.00 |
|
|
April
2022 |
|
|
320,000 |
|
|
|
320,000 |
|
|
|
- |
|
|
|
(320,000 |
) |
|
|
- |
|
| Underwriters Warrants, issued January 25, 2019 |
|
Equity |
|
$ |
9.40 |
|
|
January
2022 |
|
|
65,434 |
|
|
|
65,434 |
|
|
|
- |
|
|
|
(65,434 |
) |
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
1,975,934 |
|
|
|
1,404,648 |
|
|
|
(9 |
) |
|
|
(1,351,139 |
) |
|
|
53,500 |
|
As
of September 30, 2022, the weighted average exercise price of the outstanding warrants is $13.20 and the weighted average remaining contractual
life is approximately 0.2 years.
|