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Warrants
12 Months Ended
Dec. 31, 2021
Warrants  
Warrants

 

14. Warrants

 

Warrants outstanding and warrant activity for the year ended December 31, 2021 are as follows:

Description  Classification   Exercise
Price
   Expiration
Date
   Warrants
Issued
  

Balance

December 31,

2020

   Warrants
Cancelled/
Expired
  

Balance

December 31,

2021

 
                             
Private Placement Warrants, issued January 25, 2017  Equity   $46.90   June 2022    85,500    85,500    -    85,500 
RedPath Warrants, issued March 22, 2017  Equity   $46.90   September 2022    10,000    10,000    -    10,000 
Underwriters Warrants, issued June 21, 2017  Liability   $13.20   December 2022    57,500    53,500    -    53,500 
Base & Overallotment Warrants, issued June 21, 2017  Equity   $12.50   June 2022    1,437,500    870,214    -    870,214 
Warrants issued October 12, 2017  Equity   $18.00   April 2022    320,000    320,000    -    320,000 
Underwriters Warrants, issued January 25, 2019  Equity   $9.40   January 2022    65,434    65,434    -    65,434 
                                  
                 1,975,934    1,404,648          -    1,404,648 

 

The weighted average exercise price of the warrants is $15.97 and the weighted average remaining contractual life is approximately 0.4 years.