Quarterly report pursuant to Section 13 or 15(d)

WARRANTS (Tables)

v3.20.2
WARRANTS (Tables)
 9 Months Ended
Sep. 30, 2020
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrant activity A roll-forward of warrant share activity from January 1, 2020 to September 30, 2020 is shown in the following table:
  Exercise Price Expiration Date Issued and
Outstanding
Warrants as of
January 1, 2020		 Warrants
Exercised/
Expired		   Issued and Outstanding Warrants as of September 30, 2020
Consulting Warrants $0.01 6/17/2020 6,667  (6,667) (1) — 
Financing Warrants $3.35 6/17/2020 62,530  (62,530) (2) — 
Private Placement Warrants - September 2017 $4.85 9/28/2020 1,966,319  (1,966,319) (3) — 
Placement Agent Warrants $4.85 9/28/2020 98,846  (98,846) (4) — 
  2,134,362  (2,134,362) — 

(1) During the nine months ended September 30, 2020, there were 6,667 warrants that were exercised through a cashless exercise which netted 6,640 shares being issued.
(2) During the nine months ended September 30, 2020, there were 62,530 warrants that expired.
(3) During the nine months ended September 30, 2020, there were 5,319 warrants that were cancelled and 1,961,000 warrants that expired.
(4) During the nine months ended September 30, 2020, there were 98,846 warrants that expired.

A roll-forward of warrant share activity from January 1, 2019 to September 30, 2019 is shown in the following table:
  Issued and
Outstanding
Warrants as of
January 1, 2019		 Warrants
Exercised/
Expired		 Issued and Outstanding Warrants as of September 30, 2019
Consulting Warrants 6,667  —    6,667 
Financing Warrants 62,530  —  62,530 
Underwriting Warrants 310,500  (310,500) (1) — 
Private Placement Warrants - 2016 818,063  (818,063) (2) — 
Underwriting Warrants - Public Offering 2016 122,175  (122,175) (3) — 
Private Placement Warrants - September 2017 1,966,319  —  1,966,319 
Placement Agent Warrants 98,846  —  98,846 
  3,385,100  (1,250,738) 2,134,362 

(1) During the nine months ended September 30, 2019, there were 310,500 warrants that expired.
(2) During the nine months ended September 30, 2019, there were 485,000 warrants exercised for cash, 44,928 warrants that were exercised through a cashless exercise which netted 1,809 shares being issued and 288,135 warrants that expired.
(3) During the nine months ended September 30, 2019, there were 122,175 warrants that expired.