Annual report pursuant to Section 13 and 15(d)

Warrants

v3.24.1
Warrants
 12 Months Ended
Dec. 31, 2023
Warrants  
Warrants Warrants
At December 31, 2023 and 2022, the following warrants were outstanding:
Number of
Awards		 Weighted
Average
Exercise
Price		 Weighted
Average
Remaining
Term in Years
Outstanding at December 31, 2021 168,932 $ 199.65  3.42
Issued 2,159,395 7.38  2.55
Exercised (719,609) 5.06 
Expired (11,112) 900.00 
Outstanding at December 31, 2022 1,597,606 $ 21.22  3.07
Issued 11,605,596 0.55  3.02
Exercised (66,400) 5.97 
Expired (72,503) 108.80 
Outstanding at December 31, 2023 13,064,299 $ 2.40  2.43
All of the warrant agreements provide for a cashless exercise in the event a registration statement covering the issuance of the shares of common stock underlying the warrants is not effective, whereby the number of shares to be issued upon exercise of such warrants will be reduced based on the exercise price and the market value of the shares at the time of exercise. The outstanding warrants expire from 2024 through 2028.