CAPITAL STOCK AND WARRANTS

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

CAPITAL STOCK AND WARRANTS

CAPITAL STOCK AND WARRANTS

Common Stock

At-The-Market ("ATM") Program

On January 24, 2023, the Company entered into an Equity Distribution Agreement (the "Sales Agreement") with Maxim Group LLC ("Maxim") under which the Company may offer and sell shares of its common stock, $0.01 par value per share, having an aggregate offering price of up to $4,200 from time to time through Maxim, acting exclusively as the

Company's sales agent (the "Offering"). On January 24, 2023, the Company filed a prospectus supplement with the Securities and Exchange Commission in connection with the Offering under its existing Registration Statement on Form S-3 (File No 333-254830), which was declared effective on April 2, 2021. The Company intends to use the net proceeds received from the ATM Program primarily for working capital and general corporate purposes. Maxim was entitled to compensation at a fixed commission rate of 2.75% of the gross sales price for each share sold.

Effective May 3, 2023, the Company terminated the Sales Agreement after having issued a total of 94,665 shares of common stock, all within the three months ended March 31, 2023, at per share prices between $3.03 and $4.08, resulting in gross proceeds to the Company of $299 before offering costs and sales commissions totaling $195.

Board of Director Stock Issuances

During the three months ended March 31, 2023, certain members of the Company's Board of Directors elected to receive a portion of their quarterly board compensation in Yield10 common stock in lieu of receiving $12 in cash compensation payments. A total of 4,472 shares were issued to these board members.

Preferred Stock

The Company's Certificate of Incorporation authorizes the Company to issue up to 5,000,000 shares of $0.01 par value preferred stock.

Warrants

The following table summarizes information regarding outstanding warrants to purchase common stock as of March 31, 2023:

Issuance	Number of Shares Issuable Upon Exercise of Outstanding Warrants	Exercise Price Per Share of Common Stock		Expiration Date
November 2019 Public Offering - Series B	395,528	$	8.00	May 19, 2027
November 2019 Private Placement - Series B	718,750	$	8.00	May 19, 2027
July 2017 Registered Direct Offering	14,270	$	201.60	January 7, 2024
Consultant	750	$	116.00	September 11, 2024
Total	1,129,298

The following shares of common stock were reserved for future issuance upon exercise of stock options, vesting of RSUs and conversion of warrants:

	March 31, 2023	December 31, 2022
Stock Options	1,160,114	979,748
RSUs	—	27,123
Warrants	1,129,298	1,129,298
Total number of common shares reserved for future issuance	2,289,412	2,136,169