Quarterly report pursuant to Section 13 or 15(d)

Share-Based Payments (Tables)

v3.20.2
Share-Based Payments (Tables)
 9 Months Ended
Sep. 30, 2020
Summary of Stock Options Activity

The following table summarizes the option activities for the nine months ended September 30, 2020:

 

                Weighted     Weighted        
          Weighted     Average     Average        
          Average     Grant     Remaining     Aggregate  
    Number of     Exercise     Date Fair     Contractual     Intrinsic  
    Shares     Price     Value     Term (years)     Value  
Balance at December 31, 2019     40     $ 236.16     $ 151.68       0.99     $              -  
Granted     -       -       -       -       -  
Exercised     -       -       -       -       -  
Forfeited     (40)       236.16       151.68       0.24       -  
Canceled/Expired     -       -       -       -       -  
Balance at September 30, 2020     -     $ -     $ -       -     $ -  
Exercisable As of September 30, 2020     -     $ -     $ -       -     $  -  

Summary of Restricted Stock Units Activity

At September 30, 2020, the unamortized value of the RSUs was $1,699,135. A summary of activity related to RSUs for the nine months ended September 30, 2020 is presented below:

 

          Weighted  
          Average  
    Number of     Grant Date  
    RSUs     Fair Value  
Balance at December 31, 2019     15,603     $ 23.28  
Granted     789,360       2.24  
Exercised     -       -  
Vested     (15,603)       23.28  
Forfeited     -       -  
Canceled/Expired     -       -  
Balance at September 30, 2020     789,360     $ 2.24  

Summary of Warrant Activity

The table below summarizes the warrant activity for the nine month period ended September 30, 2020:

 

          Weighted     Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Warrants     Price     Term (years)  
Balance at December 31, 2019     247,215     $ 29.79       4.32  
Granted     267,301       6.09       4.69  
Exercised     -       -       -  
Forfeited     -       -       -  
Canceled/Expired     -       -       -  
Balance at September 30, 2020     514,516     $ 17.48       4.15  
Exercisable As of September 30, 2020     514,516     $ 17.48       4.15  

Pre-funded Common Stock Warrants [Member]  
Summary of Warrant Activity

The table below summarizes the pre-funded warrant activity for the nine month period ended September 30, 2020:

 

          Weighted     Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Warrants     Price     Term (years)  
Balance at December 31, 2019     795,000     $ 0.0001       -  
Granted     -       -       -  
Exercised     (795,000 )     0.0001       -  
Forfeited     -       -       -  
Canceled/Expired     -       -       -  
Balance at September 30, 2020     -     $ -       -  
Exercisable As of September 30, 2020     -     $ -        -  

Convertible Preferred Series C Stock Warrants [Member]  
Summary of Warrant Activity

The table below summarizes the activity during the nine month period ended September 30, 2020 for warrants issued in December 2019 for the purchase of Series C Convertible Preferred Stock:

 

          Weighted     Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Warrants     Price     Term (years)  
Balance at December 31, 2019     1,990,000     $ 4.00       4.95  
Granted     -       -       -  
Exercised     (1,935,000 )     4.00       4.19  
Forfeited     -       -       -  
Canceled/Expired     -       -       -  
Balance at September 30, 2020     55,000     $ 4.00       4.19  
Exercisable As of September 30, 2020     55,000     $ 4.00       4.19