XML 33 R24.htm IDEA: XBRL DOCUMENT v3.23.3
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2023
Stockholders' Equity Note [Abstract]  
Schedule of company recognized stock compensation expense For the three and nine months ended September 30, 2023 and 2022, the Company recognized share-based compensation expense as follows:
   Three months ended September 30,   Nine months ended September 30, 
   2023   2022   2023   2022 
Cost of services  $(442)  $—     $(442)  $11,101 
Research and development   (159,742)   82,659    (41,914)   223,638 
General and administrative   74,411    108,672    259,452    387,992 
Sales and marketing   (143,710)   37,036    (78,928)   104,658 
   $(229,483)  $228,367   $138,168   $727,389 
Schedule of outstanding warrants to purchase shares of common stock At September 30, 2023 and December 31, 2022, the following warrants to purchase shares of common stock were outstanding:
                Outstanding at  
 Issuance    

Exercise

Price

    Expiration    September 30, 2023 (1)    December 31, 2022 (1) 
 February 2015   $66,000.00    February 2025    23    23 
 February 2018   $1,625.00    February 2023    
—  
    462 
 February 2018   $1,300.00    February 2023    
—  
    3,848 
 October 2019   $40.00    October 2024    17,700    17,700 
 October 2019   $52.00    October 2024    11,750    11,750 
 November 2020   $50.44    May 2026    12,107    12,107 
 February 2021   $78.00    August 2026    20,834    20,834 
 October 2022   $7.54    April 2028    
—  
    1,224,489 
 May 2023   $0.7785    (2)   10,892,728    
—  
 
                10,955,142    1,291,213 
(1)Warrants to purchase fractional shares of common stock resulting from the reverse stock splits effected on August 22, 2019 and January 5, 2023 were rounded up to the next whole share of common stock on a holder by holder basis.
(2)Warrants will be exercisable beginning on the date of stockholder approval of the exercisability of the warrants under Nasdaq rules or, pursuant to the Warrant Inducement Agreement entered into on October 12, 2023, as amended on October 26, 2023 (the “Inducement Agreement”), upon the payment of additional consideration of $0.25 per share of common stock issued upon exercise of any existing warrants. The warrants not exercised as part of the Inducement Agreement will expire on the five-year anniversary of the date of such stockholder approval (see Note 11).