Schedule of Warrant and Stock Option Grants with Time-Based Vesting |
The number of shares of the
Company’s common stock that are issuable pursuant to warrant and stock option grants with time-based vesting as of and for the six
months ended June 30, 2024 were:
|
|
Warrant Grants |
|
|
Stock Option Grants |
|
|
Restricted Stock Units |
|
|
|
Number of shares subject to warrants |
|
|
Weighted- average exercise price per share |
|
|
Number of shares subject to options |
|
|
Weighted- average exercise price per share |
|
|
Number of shares subject to restricted stock units |
|
Balance at December 31, 2023 |
|
|
11,394 |
|
|
$ |
58.72 |
|
|
|
3,333 |
|
|
$ |
39.60 |
|
|
|
165,663 |
|
Granted |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
88,362 |
|
Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
(90,029 |
) |
Cancelled/Expired |
|
|
(2,293 |
) |
|
|
53.64 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Balance at June 30, 2024 |
|
|
9,101 |
|
|
$ |
60.00 |
|
|
|
3,333 |
|
|
$ |
39.60 |
|
|
|
163,996 |
|
Exercisable at June 30, 2024 |
|
|
9,101 |
|
|
$ |
60.00 |
|
|
|
3,333 |
|
|
$ |
39.60 |
|
|
|
163,996 |
|
The number of shares of the
Company’s common stock that are issuable pursuant to warrant and stock option grants with time-based vesting as of and for the six
months ended June 30, 2023 were:
|
|
Warrant Grants |
|
|
Stock Option Grants |
|
|
Restricted Stock Units |
|
|
|
Number of shares subject to warrants |
|
|
Weighted- average exercise price per share |
|
|
Number of shares subject to options |
|
|
Weighted- average exercise price per share |
|
|
Number of shares subject to restricted stock units |
|
Balance at December 31, 2022 |
|
|
104,515 |
|
|
$ |
20.25 |
|
|
|
7,889 |
|
|
$ |
48.75 |
|
|
|
160,650 |
|
Granted |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
32,736 |
|
Exercised |
|
|
(54,872 |
) |
|
|
9.75 |
|
|
|
- |
|
|
|
- |
|
|
|
(25,269 |
) |
Cancelled/Expired |
|
|
(2,974 |
) |
|
|
137.10 |
|
|
|
(959 |
) |
|
|
101.25 |
|
|
|
- |
|
Balance at June 30, 2023 |
|
|
46,669 |
|
|
$ |
25.05 |
|
|
|
6,930 |
|
|
$ |
41.40 |
|
|
|
168,117 |
|
Exercisable at June 30, 2023 |
|
|
46,669 |
|
|
$ |
25.05 |
|
|
|
6,930 |
|
|
$ |
41.40 |
|
|
|
168,117 |
|
|
Schedule of Stock-Based Compensation Expense |
Stock-based compensation expense
for three and six months ended June 30, 2024 is 2023 was as follows:
|
|
For the three months ended |
|
|
For the six months ended |
|
|
|
June 30, |
|
|
June 30, |
|
|
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
Stock-based compensation expense |
|
$ |
- |
|
|
$ |
147,873 |
|
|
$ |
- |
|
|
$ |
295,746 |
|
|
Schedule of Company’s Outstanding Warrants and Options |
The Company’s outstanding
warrants and options at June 30, 2024 are as follows: Warrants Outstanding |
|
| Warrants Exercisable |
|
Exercise Price Range |
|
| Number Outstanding |
|
| Weighted Average Remaining Contractual Life (in years) |
|
| Weighted Average Exercise Price |
|
| Number Exercisable |
|
| Weighted Average Exercise Price |
|
| Intrinsic Value |
|
$ |
60.00 |
|
| |
9,101 |
|
| |
1.51 |
|
| $ |
60.00 |
|
| |
9,101 |
|
| $ |
60.00 |
|
| |
- |
|
Options Outstanding |
|
| Options Exercisable |
|
Exercise Price Range |
|
| Number Outstanding |
|
| Weighted Average Remaining Contractual Life (in years) |
|
| Weighted Average Exercise Price |
|
| Number Exercisable |
|
| Weighted Average Exercise Price |
|
| Intrinsic Value |
|
$ |
39.60 |
|
| |
3,333 |
|
| |
0.41 |
|
| $ |
39.60 |
|
| |
3,333 |
|
| $ |
39.60 |
|
| |
- |
|
|