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Note 9 - Warrants
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Schedule of Stockholders' Equity Note, Warrants or Rights Disclosure [Text Block]

Note 9 - WARRANTS

 

On March 17, 2021, in connection with the Merger, the Company entered into a warrant agreement which granted the right to purchase 602,392 shares of common stock of the Company at a purchase price of $24.00 per share. Warrants are immediately exercisable and expire on July 15, 2027.

 

The following table summarizes warrant activity from January 1, 2022 through March 31, 2022:

 

  

Number of

Warrants

  

Weighted

Average

Exercise Price

 

Exercisable at January 1, 2022

  602,392  $24.00 

Granted

  -   - 

Exercised

  -   - 

Exercisable at March 31, 2022

  602,392  $24.00 

 

The following table summarizes warrant activity from January 1, 2021 through March 31, 2021:

 

  

Number of

Warrants

  

Weighted

Average

Exercise Price

 

Granted at March 17, 2021

  602,392  $24.00 

Exercised

  -   - 

Exercisable at March 31, 2021

  602,392  $24.00