Annual report pursuant to Section 13 and 15(d)

16. Warrants (Tables)

v3.21.1
16. Warrants (Tables)
12 Months Ended
Dec. 31, 2020
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrant activity

The following table summarizes the changes in the Company’s outstanding warrants during the year ended December 31, 2019 and December 31, 2020:

 

    Warrants Outstanding Number Of Shares   Exercise Prices Per Share     Weighted Average Remaining Contractual Life     Weighted Average Exercise Price Per Share  
Balance at December 31, 2018     5,899,389     $ 3.30 - 6.00       3.74 years     $ 3.53  
Warrants Granted     9,917,047     $ 2.55 - 2.12       5.39 years     $ 0.35  
Warrants Exercised     4,592,029     $ 2.12 - 3.90       2.77 years     $ 2.77  
Warrants Expired     100,002     $ 6.00           $ 6.00  
                                 
Balance at December 31, 2019     11,124,405     $ 0.21 - 5.30       4.37 years     $ 0.84  
Warrants Granted     115,375,982     $ 0.21 - 1.55       4.61 years     $ 0.71  
Warrants Exercised     80,820,087     $ 0.21 - 5.30       4.62 years     $ 0.25  
Warrants Expired     168,335     $ 3.30 - 3.60           $ 3.50  
Balance at June 30, 2020     45,511,965     $ 0.21 - 5.30       5.19 years      $ 1.55  
                                 
Exercisable December 31, 2019     7,176,620     $ 0.76 - 6.00       3.77 years     $ 2.52  
Exercisable December 31, 2020     42,227,793     $ 0.21 - 5.30       4.75 years     $ 1.56