| Schedule of Outstanding Warrants |
At September 30, 2020, outstanding warrants
to purchase shares of common stock accounted for as equity or liabilities were as follows with an aggregate intrinsic value
as of September 30, 2020 of zero:
| Shares Underlying |
|
|
|
|
|
|
|
| Outstanding |
|
|
Exercise |
|
|
Expiration |
|
| Warrants |
|
|
Price(1) |
|
|
Date(1) |
|
| |
|
|
|
|
|
|
|
| |
100,870 |
|
|
$ |
7.1875 |
|
|
|
September 24, 2025 |
|
| |
100,870 |
|
|
|
|
|
|
|
|
|
| (1) |
The warrants are exercisable at any time and from time to time, in whole or in part, during a period commencing March 24, 2021 and expiring September 24, 2025. The exercise price of the warrants is $7.1875 per share or $6.9718 per share if the warrants are exercised for cash within the first six months of the period in which they are exercisable. |
|
No new warrants were granted in 2019 and 2018.
At December 31, 2018, outstanding warrants to purchase shares of common stock, accounted for as equity or liabilities, are as follows:
| Shares Underlying Outstanding Warrants |
|
|
Exercise Price |
|
|
Expiration Date |
| |
302,256 |
|
|
$ |
0.27 |
|
|
July 27, 2020 |
| |
155,433 |
|
|
$ |
1.34 |
|
|
September 20, 2020 |
| |
159,085 |
|
|
$ |
2.67 |
|
|
September 30, 2020 |
| |
592,700 |
|
|
$ |
5.34 |
|
|
June 30, 2021 |
| |
604,703 |
|
|
$ |
5.34 |
|
|
June 30, 2022 |
| |
262,173 |
|
|
$ |
5.34 |
|
|
June 30, 2023 |
| |
280,899 |
|
|
$ |
5.34 |
|
|
June 30, 2024 |
| |
318,353 |
|
|
$ |
5.34 |
|
|
June 30, 2025 |
| |
2,675,602 |
|
|
|
|
|
|
|
As of December 31, 2019 there are no outstanding
warrants to purchase shares of common stock, accounted for as equity or liabilities.
| Shares Underlying Outstanding Warrants as of December 31, 2018 |
|
|
Shares Underlying Warrants Exchanged on September 30, 2019 |
|
|
Shares Underlying Outstanding Warrants as of December 31, 2019 |
|
| |
2,675,602 |
|
|
|
(2,675,602) |
|
|
|
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