Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.21.2
Equity (Tables)
9 Months Ended
Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Summary of Warrant Activity

The table below summarizes the warrant activity for the nine months ended September 30, 2021:

 

                Average        
          Weighted     Remaining        
          Average     Contractual     Aggregate  
    Number of     Exercise     Term     Intrinsic  
    Warrants     Price     (years)     Value  
Balance as of December 31, 2020     -     $ -       -     $ -  
Assumed from Merger     5,363,547       5.19       5.02       -  
Granted     -       -       -       -  
Exercised     (47,298 )     4.12       4.63       -  
Forfeited     -       -       -       -  
Canceled/Expired     -       -       -       -  
Balance as of September 30, 2021     5,316,249     $ 5.19       4.59     $ 15,905,538  
Exercisable as of September 30, 2021     5,316,249     $ 5.19       4.59     $ 15,905,538  
Pre-funded Common Stock Warrants [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Summary of Warrant Activity

The table below summarizes the pre-funded warrant activity for the nine months ended September 30, 2021:

 

                Average        
          Weighted     Remaining        
          Average     Contractual     Aggregate  
    Number of     Exercise     Term     Intrinsic  
    Warrants     Price     (years)     Value  
Balance as of December 31, 2020     -     $ -       -     $ -  
Assumed from Merger     986,486       0.002       -       -  
Granted     -       -       -       -  
Exercised     466,216       0.002       -       -  
Forfeited     -       -       -       -  
Canceled/Expired     -       -       -       -  
Balance as of September 30, 2021     520,270     $ 0.002       -     $ 3,744,903  
Exercisable as of September 30, 2021     520,270     $ 0.002       -     $ 3,744,903  
Convertible Preferred Series C Stock Warrants [Member]  
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Summary of Warrant Activity

The table below summarizes the activity during the nine months period ended September 30, 2021 for warrants issued in December 2019 for the purchase of Series C Convertible Preferred Stock:

 

          Weighted     Average        
          Average     Remaining     Aggregate  
    Number of     Exercise     Contractual     Intrinsic  
    Warrants     Price     Term (years)     Value  
Balance as December 31, 2020     -     $ -       -     $ -  
Assumed from Merger     27,500       8.00       3.65       -  
Granted     -       -       -       -  
Exercised     -       -       -       -  
Forfeited     -       -       -       -  
Canceled/Expired     -       -       -       -  
Balance as of September 30, 2021     27,500     $ 8.00       3.19     $ -  
Exercisable as of September 30, 2021     27,500     $ 8.00       3.19     $ -