Warrants

9 Months Ended

Sep. 30, 2024

Warrants

Warrants

7. Warrants

Common stock warrants are accounted for in accordance with applicable accounting guidance provided in ASC Topic 815, Derivatives and Hedging - Contracts in Entity’s Own Equity (ASC Topic 815), as either derivative liabilities or as equity instruments depending on the specific terms of the warrant agreement.

Warrants outstanding and warrant activity (reflects the number of common shares as if the warrants were converted to common stock) for the nine months ended September 30, 2024 is as follows:

					Balance				Balance
		Exercise		Expiration	December 31,	Warrants	Warrants	Warrants	September 30,
Description	Classification	Price		Date	2023	Issued	Exercised	Expired	2024
Non-tradable pre-funded warrants	Equity	$	56.25	none	141	—	—	—	141
Non-tradable pre-funded warrants	Equity	$	56.25	none	199	—	—	—	199
Non-tradable warrants	Equity	$	75.00	November 2024	9,780	—	—	—	9,780
Non-tradable warrants	Equity	$	163.59375	December 2024	679	—	—	—	679
Non-tradable warrants	Equity	$	168.86250	December 2024	1,851	—	—	—	1,851
					12,650	—	—	—	12,650