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Stockholders' Equity
9 Months Ended
Sep. 30, 2023
Stockholders' Equity  
Stockholders' Equity

6. Stockholders’ Equity

Warrants

The following warrants were outstanding as of September 30, 2023 and December 31, 2022:

Warrant Issuance

September 30, 2023

December 31, 2022

Exercise Price

Expiration Date

July 2018

48

48

$

5,602.50

July 2028

April 2020

1,252

1,252

$

375.00

April 2025

January 2021

83,338

83,338

$

180.90

July 2026

October 2021

143,597

143,597

$

112.50

April 2025

November 2022 Series A

423,504

6,768,837

$

0.00

December 2023

November 2022 Series B

1,806,837

8,267,170

$

0.00

December 2027

Total

2,458,576

15,264,242

The November 2022 Series A Warrants and November 2022 Series B Warrants have a cashless exercise provision whereby one warrant can be exchanged for one share of common stock for no additional consideration, which renders the $3.00 per share stated exercise price to be $0.00. During the nine months ended September 30, 2023, 6,345,333 Series A Warrants and 6,460,333 Series B Warrants were exchanged for shares of the Company’s common stock.