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NOTE 11 – WARRANTS
The Company has issued warrants as part of equity offerings and severance packages.
The table below summarizes the Company’s warrant activities:
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Number of |
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Warrants to |
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Exercise Price |
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Weighted |
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Purchase Common |
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Range Per |
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Average |
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Shares |
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Share |
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Exercise Price |
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Balance at January 1, 2024 |
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644,718 |
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$2.50 to 31.60 |
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$ |
16.40 |
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Granted |
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— |
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— |
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— |
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Forfeited |
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— |
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— |
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— |
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Exercised |
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— |
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— |
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— |
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Balance at March 31, 2024 |
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644,718 |
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$2.50 to 31.60 |
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$ |
16.40 |
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Balance at January 1, 2023 |
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412,218 |
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$5.72 to 31.60 |
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$ |
16.40 |
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Granted |
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— |
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— |
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— |
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Forfeited |
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— |
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— |
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— |
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Exercised |
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— |
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— |
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— |
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Balance at March 31, 2023 |
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412,218 |
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$5.72 to 31.60 |
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$ |
16.40 |
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