XML 31 R24.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Shareholders' (Deficit) Equity (Tables)
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule of summarizes the outstanding warrants

The following table summarizes the Company’s outstanding warrants as of March 31, 2024 and December 31, 2023:

 

 

 

Number of Warrant ADSs

 

 

 

 

 

 

 

 

 

March 31,

 

 

December 31,

 

 

Weighted-Average

 

 

 

 

 

 

2024

 

 

2023

 

 

Exercise Price

 

 

Expiration Date

 

Equity-classified Warrants

 

 

 

 

 

 

 

 

 

 

 

 

2019 Investor Warrants

 

 

59,211

 

 

 

59,211

 

 

$

60.00

 

 

7/1/2024

 

2019 Placement Warrants

 

 

8,881

 

 

 

8,881

 

 

$

57.00

 

 

6/28/2024

 

2020 Investor Warrants

 

 

139,882

 

 

 

139,882

 

 

$

44.00

 

 

Feb-Mar 2025

 

2020 Placement Warrants

 

 

22,481

 

 

 

22,481

 

 

$

51.00

 

 

Feb-Mar 2025

 

July 2021 Placement Agent Warrants

 

 

19,919

 

 

 

19,919

 

 

$

46.40

 

 

7/7/2026

 

December 2021 Investor Warrants

 

 

107,775

 

 

 

107,775

 

 

$

33.00

 

 

1/4/2027

 

December 2021 Placement Agent
   Warrants

 

 

8,622

 

 

 

8,622

 

 

$

35.00

 

 

12/29/2026

 

March 2022 Investor Warrants

 

 

186,020

 

 

 

186,020

 

 

$

28.00

 

 

3/10/2027

 

March 2022 Placement Agent Warrants

 

 

14,882

 

 

 

14,882

 

 

$

30.00

 

 

3/10/2027

 

October 2023 Investor Prefunded
   Warrants

 

 

48,387

 

 

 

48,387

 

 

$

0.20

 

 

 

 

October 2023 Placement Agent Warrants

 

 

42,550

 

 

 

42,550

 

 

$

4.13

 

 

10/6/2028

 

March 2024 Placement Agent Warrants

 

 

132,061

 

 

 

 

 

$

1.85

 

 

3/27/2029

 

 

 

790,671

 

 

 

658,610

 

 

 

 

 

 

 

Liability-classified Warrants

 

 

 

 

 

 

 

 

 

 

 

 

September 2022 Series A Investor
   Warrants

 

 

755,000

 

 

 

755,000

 

 

$

17.00

 

 

9/14/2024

 

September 2022 Series B Investor
   Warrants

 

 

755,000

 

 

 

755,000

 

 

$

17.00

 

 

9/14/2029

 

 

 

1,510,000

 

 

 

1,510,000

 

 

 

 

 

 

 

Total outstanding

 

 

2,300,671

 

 

 

2,168,610

 

 

 

 

 

 

 

 

 

The following table summarizes the Company’s warrants activity for the three months ended March 31, 2024:

 

 

 

Number of

 

 

Weighted-Average

 

($ in thousands, except per share data)

 

Warrants

 

 

Exercise Price

 

Outstanding at December 31, 2023

 

 

2,168,610

 

 

$

21.97

 

Issued

 

 

132,061

 

 

 

1.85

 

Exercised

 

 

 

 

 

 

Expired

 

 

 

 

 

 

Outstanding at March 31, 2024

 

 

2,300,671

 

 

$

20.82