SCWorx, Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of stock-based compensation expense

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 September 30, 2019 and for the nine months ended are:

Reflective of one-for-nineteen reverse stock split


	Warrant Grants			Stock Option Grants
	Number of			Number of
	Shares	Weighted-Average		Shares	Weighted-Average
	Subject to	Exercise Price		Subject	Exercise Price
	Warrants	Per Share		to Options	Per Share
Balance at December 31, 2018	236,825	$	27.84	135,023	$	7.70
Granted	1,112,220	$	5.67	53,572		6.49
Exercised	(11,075)		5.51	—		—
Cancelled/Forfeited	(26,054)		5.51	—		—
Balance at September 30, 2019	1,311,916	$	9.88	188,595	$	7.35
Exercisable at September 30, 2019	1,311,916	$	9.88	188,595	$	7.35

Stock options [Member]

Schedule of stock-based compensation expense

Stock-based compensation expense is as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Stock-based compensation expense	$	433,438	$	—	$	6,283,811	$	—

General and Administrative Expense [Member]

Schedule of stock-based compensation expense

Stock-based compensation expense categorized by the equity components is as follows:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Stock option awards	$	73,528	$	—	$	196,074	$	—
Common stock		359,910		—		764,807		—
Transfer of common stock by founders to contractors		—		—		5,322,930		—
	$	433,438	$	—	$	6,283,811	$	—