Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.21.1
Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Summary of All Common Stock Warrants Outstanding

  Exercise Price     Outstanding Warrants     Expiration
Dates
2020 Convertible Note   $ 5.91       143,890     Feb 23, 2026
2021 Offering   $ 3.50       1,624,140     Feb 10, 2026 - Aug 3, 2026
Advisory Fees     $ 2.42 - $7.59       492,894     Jan 9, 2024 - Oct 28, 2025
Debt   $ 27.60       14,775     Mar 22, 2024
Offering   $ 67.50       8,580     Nov 25, 2021 - Mar 14, 2022
Debt   $ 450       9,185     Oct 17, 2022 - Dec 7 2022
Debt   $ 300       8,112     Oct 17, 2022
Total             2,301,546    

 

Preferred Stock Warrants

 

In connection with the issuance of the Series A Convertible Preferred and Series B Convertible Preferred, the Company issued warrants (the “Series A Warrants” and “Series B Warrants”, respectively, and collectively, the “Preferred Warrants”) as compensation to non-employee placement agents. The Series A Warrants and Series B Warrants were issued on April 28, 2017 and May 18, 2019, respectively. The Company determined the Preferred Warrants should be classified as equity as they were issued as vested share-based payment compensation to nonemployees. The Preferred Warrants were recorded in stockholders’ equity at fair value upon issuance with no subsequent remeasurement. As part of the Merger, the Preferred Warrants were converted and settled for a total of 43,107 shares of the Company’s common stock.