Quarterly report pursuant to Section 13 or 15(d)

WARRANTS

v3.22.2.2
WARRANTS
 9 Months Ended
Sep. 30, 2022
Warrants  
WARRANTS

NOTE 11 – WARRANTS

 

The following table shows warrant activity for the nine months ended September 30, 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 September 30, 2022     311,499     $ 12.32  
Warrants exercisable as of September 30, 2022     311,499     $ 12.32  

 

The weighted-average life of the warrants is 2.10 years. The aggregate intrinsic value of the warrants outstanding and exercisable as of September 30, 2022 is $0.