Annual report pursuant to Section 13 and 15(d)

10. Warrants to Purchase Common Stock (Tables)

v3.20.1
10. Warrants to Purchase Common Stock (Tables)
12 Months Ended
Dec. 31, 2019
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Warrant Activity

The following table summarizes investor warrant activity as of and for the years ended December 31, 2019 and 2018:

 

    Shares   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Contractual
Term (Years)
Outstanding at December 31, 2017        5,134,349      $ 1.19        2.17   
Granted        -      $ -        -   
Exercised        (2,127,804)     $ -        -   
Canceled/forfeited/expired        (894,485)     $ -        -   
Outstanding at December 31, 2018        2,112,060      $ 1.19        1.17   
Granted        2,691,459      $ -        -   
Exercised        -      $ -        -   
Canceled/forfeited/expired        (1,445,060)     $ -        -   
Outstanding at December 31, 2019        3,358,459      $ 1.23        1.27