Quarterly report pursuant to Section 13 or 15(d)

WARRANTS

v3.22.1
WARRANTS
 3 Months Ended
Mar. 31, 2022
Warrants  
WARRANTS

NOTE 11 – WARRANTS

 

The following table shows warrant activity for the three months ended March 31, 2022.

 

    Number of shares    

Weighted

Average

Exercise

Price

  
Warrants outstanding as of December 31, 2021     374,088     $ 11.26  
Exercised     (18,196 )   $ 6.00  
Terminated – cashless exercise     (44,393 )   $ 6.00  
Warrants outstanding as of March 31, 2022     311,499     $ 12.23  
Warrants exercisable as of March 31, 2022     311,499     $ 12.23  

 

 

The weighted-average life of the warrants is 2.6 years. The aggregate intrinsic value of the warrants outstanding and exercisable as of March 31, 2022 is $0.