Annual report pursuant to Section 13 and 15(d)

WARRANTS TO PURCHASE COMMON STOCK

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WARRANTS TO PURCHASE COMMON STOCK
12 Months Ended
Dec. 31, 2021
Warrants To Purchase Common Stock  
WARRANTS TO PURCHASE COMMON STOCK

NOTE 15 – WARRANTS TO PURCHASE COMMON STOCK

 

The following table summarizes information with respect to outstanding warrants to purchase common stock of the Company at December 31, 2021:

 

Exercise     Number     Expiration
Price     Outstanding     Date
$ 0.50       24,920       November 2024  
$ 0.57       123,500       February 2025  
$ 35.00       490,571       December 2023  
          638,991          

 

During the year ended December 31, 2021, 3,400 warrants from the February 2020 Financing, with an exercise price of $0.57, were exercised for proceeds of approximately $2,000.

 

During the year ended December 31, 2021, 5,441 and 474 warrants with a per share exercise price of $630 and $687.50, respectively, expired.

 

During the year ended December 31, 2020, 2.3 million warrants from the November 2019 financing, with an exercise price of $0.57, were exercised for proceeds of approximately $1.3 million. During the year ended December 31, 2020, 2.3 million warrants from the November 2019 financing, with an exercise price of $0.50, were exercised for proceeds of approximately $1.2 million.

 

During the year ended December 31, 2020, 13.0 million warrants from the February 2020 financing, with an exercise price of $0.57, were exercised for proceeds of approximately $7.5 million.

 

During the year ended December 31, 2020, 2,500 warrants with a per share exercise price of $0.50 expired.