XML 43 R29.htm IDEA: XBRL DOCUMENT v3.22.1
Stockholders' Equity (Deficit) (Tables)
12 Months Ended
Dec. 31, 2021
Stockholders' Equity (Deficit)  
Schedule of warrants outstanding and exercisable for purchase of common stock

Number of Shares

December 31, 

December 31,

Weighted-Average

Description

2021

2020

Exercise Price

Expiration Date

 

Liability-classified Warrants

December 2019 Series B1 warrants (1)

2,368,400

$ 1.52

Dec 2026

2,368,400

Equity-classified Warrants

May 2013 warrants

 

15,437

1,949,754

$ 0.08

None

September 2013 warrants

 

4,096

514,756

$ 0.08

None

February 2014 warrants

 

2,171

266,006

$ 0.08

None

April 2020 Private Placement first closing warrants

3,039,514

3,039,514

$ 2.28

Apr 2023

April 2020 Private Placement second closing warrants

1,373,626

1,373,626

$ 2.71

Dec 2023

April 2020 Private Placement second closing warrants

1,143,428

2,677,311

$ 0.01

None

July 2020 Private Placement first closing warrants

389,731

2,014,234

$ 0.01

None

July 2020 Private Placement first closing warrants

2,764,227

2,764,227

$ 2.58

Jul 2023

8,732,230

14,599,428

Total outstanding

 

8,732,230

16,967,828

(1)The Series B1 warrants were exercisable for either common stock (exercise price of $1.52) or Series B1 Convertible Preferred Stock (exercise price of $152) at the discretion of the warrant holder. However, as more fully disclosed in Note 7, the December 2019 Series B1 warrants were terminated during the three months ended March 31, 2021 contemporaneously with the termination of the future tranche rights.
Summary of warrant activity

Number of

Weighted-Average

Warrants

Exercise Price

Outstanding at December 31, 2020

 

16,967,828

$

1.28

Issued

 

 

Exercised (1)

 

(5,867,198)

 

0.04

Expired

 

(2,368,400)

 

1.52

Outstanding at December 31, 2021

 

8,732,230

$

2.04

(1)During the year ended December 31, 2021, certain related parties were issued warrants as more fully described in Note 15.