XML 48 R32.htm IDEA: XBRL DOCUMENT v3.25.4
COMMON STOCK WARRANTS (Tables)
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of common stock warrant activity
The following is the activity for common stock warrants:
Issue DateWarrant TypeTerm
Date		Exercise
Price		Balance
December 31,
2023		IssuedExercised Expired Balance
December 31,
2024		IssuedExercised ExpiredBalance
December 31,
2025
July 2019Dealer ManagerJuly 202481,000.00 3——(3)————
January 2020Registered Direct OfferingJuly 202521,600.00 60———60——(60)—
January 2020Dealer ManagerJuly 202524,000.00 4———4——(4)—
March 2020Dealer ManagerMarch 20259,015.12 4———4——(4)—
April 2020Dealer ManagerApril 20259,528.00 47———47——(47)—
April 2020Registered Direct OfferingApril 20257,320.00 20———20——(20)—
October 2020Dealer ManagerApril 20265,174.40 34———34———34
February 2021Private Placement AgreementAugust 20265,318.40 540———540———540
February 2021Dealer ManagerAugust 20266,835.40 136———136———136
March 2021Dealer ManagerMarch 20266,000.00 60———60———60
November 2022Dealer ManagerNovember 2027525.00 892———892———892
April 2023Series COctober 2028194.40 7,142———7,142———7,142
April 2023Dealer ManagerApril 2028262.50 534———534———534
August 2023Private InducementSeptember 202486.42 23,810—(23,810)——————
August 2023Private InducementAugust 202886.42 25,101—(25,101)——————
August 2023Dealer ManagerAugust 2028108.04 1,222———1,222———1,222
November 2023Series DNovember 202813.00 381,615—(230,589)—151,026———151,026
November 2023Series EMay 202513.00 307,460—(226,462)—80,998——(80,998)—
November 2023Dealer ManagerNovember 202816.25 28,844———28,844———28,844
August 2024Series F-1August 20294.35 —571,318——571,318—(251,884)—319,434
August 2024Series F-2February 20264.35 —439,686——439,686—(122,834)—316,852
August 2024Dealer ManagerAugust 20295.75 —25,275——25,275———25,275
March 2025Series G-1September 20262.90 —————1,498,872(1,498,872)——
March 2025Dealer ManagerSeptember 20263.625 —————18,736——18,736
July 2025Series HOctober 20264.150 —————1,458,872(1,458,872)——
July 2025Dealer ManagerOctober 20263.781 —————72,944——72,944
August 2025Series INovember 20265.250 —————2,188,308——2,188,308
August 2025Dealer ManagerNovember 20265.4219 —————72,944——72,944
777,5281,036,279(505,962)(3)1,307,8425,310,676(3,332,462)(81,133)3,204,923
As of December 31, 2025, there were warrants to purchase 3,204,923 shares of our common stock outstanding, at a weighted-average exercise price of $7.50 per share, which expire as follows:
Weighted Average Exercise Price
Shares of Common Stock
Years Ending December 31:
2026$6.72 2,670,554
2027525.00 892
202821.68 188,768
20294.45 344,709
7.50 3,204,923
Schedule of common stock warrant expiration information
The following is the activity for common stock warrants:
Issue DateWarrant TypeTerm
Date		Exercise
Price		Balance
December 31,
2023		IssuedExercised Expired Balance
December 31,
2024		IssuedExercised ExpiredBalance
December 31,
2025
July 2019Dealer ManagerJuly 202481,000.00 3——(3)————
January 2020Registered Direct OfferingJuly 202521,600.00 60———60——(60)—
January 2020Dealer ManagerJuly 202524,000.00 4———4——(4)—
March 2020Dealer ManagerMarch 20259,015.12 4———4——(4)—
April 2020Dealer ManagerApril 20259,528.00 47———47——(47)—
April 2020Registered Direct OfferingApril 20257,320.00 20———20——(20)—
October 2020Dealer ManagerApril 20265,174.40 34———34———34
February 2021Private Placement AgreementAugust 20265,318.40 540———540———540
February 2021Dealer ManagerAugust 20266,835.40 136———136———136
March 2021Dealer ManagerMarch 20266,000.00 60———60———60
November 2022Dealer ManagerNovember 2027525.00 892———892———892
April 2023Series COctober 2028194.40 7,142———7,142———7,142
April 2023Dealer ManagerApril 2028262.50 534———534———534
August 2023Private InducementSeptember 202486.42 23,810—(23,810)——————
August 2023Private InducementAugust 202886.42 25,101—(25,101)——————
August 2023Dealer ManagerAugust 2028108.04 1,222———1,222———1,222
November 2023Series DNovember 202813.00 381,615—(230,589)—151,026———151,026
November 2023Series EMay 202513.00 307,460—(226,462)—80,998——(80,998)—
November 2023Dealer ManagerNovember 202816.25 28,844———28,844———28,844
August 2024Series F-1August 20294.35 —571,318——571,318—(251,884)—319,434
August 2024Series F-2February 20264.35 —439,686——439,686—(122,834)—316,852
August 2024Dealer ManagerAugust 20295.75 —25,275——25,275———25,275
March 2025Series G-1September 20262.90 —————1,498,872(1,498,872)——
March 2025Dealer ManagerSeptember 20263.625 —————18,736——18,736
July 2025Series HOctober 20264.150 —————1,458,872(1,458,872)——
July 2025Dealer ManagerOctober 20263.781 —————72,944——72,944
August 2025Series INovember 20265.250 —————2,188,308——2,188,308
August 2025Dealer ManagerNovember 20265.4219 —————72,944——72,944
777,5281,036,279(505,962)(3)1,307,8425,310,676(3,332,462)(81,133)3,204,923
As of December 31, 2025, there were warrants to purchase 3,204,923 shares of our common stock outstanding, at a weighted-average exercise price of $7.50 per share, which expire as follows:
Weighted Average Exercise Price
Shares of Common Stock
Years Ending December 31:
2026$6.72 2,670,554
2027525.00 892
202821.68 188,768
20294.45 344,709
7.50 3,204,923