Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.21.2
STOCKHOLDERS’ EQUITY (Tables)
 9 Months Ended
Sep. 30, 2021
Class of Stock [Line Items]  
SCHEDULE OF FAIR VALUE ASSUMPTIONS OF WARRANTS

The following assumptions were used to determine the fair value of the September Warrants:

 

    As of
September 25, 2020		  
Dividend     - %
Risk Free Rate     0.30 %
Exercise Price   $ 2.90  
Strike Price   $ 3.19  
Term     5.00  
Volatility     102 %
SCHEDULE OF WARRANT ACTIVITY

A summary of the Company’s warrants to purchase common stock activity is as follows:

 

    Shares Underlying Warrants     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (in years)  
Outstanding at December 31, 2020     3,501,014     $ 8.03       2.87  
Granted     3,873,711     $ 7.24          
Exercised     (13,642 )   $ 7.33          
Expired     (1,252,260 )   $ 8.80          
Outstanding at September 30, 2021     6,108,823     $ 7.37       2.56  
Convertible Preferred Stock Series H [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

As of September 30, 2021, such payment would be calculated as follows:

 

       
Number of Series H Preferred Stock outstanding as of September 30, 2021     8  
Multiplied by the stated value   $ 154  
Equals the gross stated value   $ 1,232  
Divided by the conversion price   $ 184.8  
Equals the convertible shares of Company Common Stock     7  
Multiplied by the fair market value of Company Common Stock as of September 30, 2021   $ 3.41  
Equals the payment   $ 24  
Convertible Preferred Stock Series H-3 [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

As of September 30, 2021, such payment would be calculated as follows:

 

       
Number of Series H-3 Preferred Stock outstanding as of September 30, 2021     1,234  
Multiplied by the stated value   $ 138  
Equals the gross stated value   $ 170,292  
Divided by the conversion price   $ 165.6  
Equals the convertible shares of Company Common Stock     1,028  
Multiplied by the fair market value of Company Common Stock as of September 30, 2021   $ 3.41  
Equals the payment   $ 3,505  
Convertible Preferred Stock Series H-6 [Member]  
Class of Stock [Line Items]  
SCHEDULE OF PAYMENT OF PREFERRED STOCK

As of September 30, 2021, such payment would be calculated as follows:

 

       
Number of Series H-6 Preferred Stock outstanding as of September 30, 2021     50  
Multiplied by the stated value   $ 72  
Equals the gross stated value   $ 3,600  
Divided by the conversion price   $ 2.5  
Equals the convertible shares of Company Common Stock     1,440  
Multiplied by the fair market value of Company Common Stock as of September 30, 2021   $ 3.41  
Equals the payment   $ 4,910