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10. STOCK WARRANTS
9 Months Ended
Jun. 30, 2022
Stock Warrants  
STOCK WARRANTS
10.
STOCK WARRANTS

The following is a summary of stock warrant activity during the nine months ended June 30, 2022:

 

 

 

Number of
Warrant
Shares

 

 

Weighted
Average
Exercise
Price ($)

 

Balance, September 30, 2021

 

 

615,704

 

 

$

30.72

 

Warrants granted

 

 

 

 

 

 

Warrants expired

 

 

(413,334

)

 

39.38

 

Warrants canceled

 

 

 

 

 

 

Warrants exercised

 

 

 

 

 

 

Balance, June 30, 2022

 

 

202,370

 

 

$

13.03

 

 

As of June 30, 2022, there are warrants exercisable to purchase 202,370 shares of common stock in the Company and there are no warrants that are unvested. As of June 30, 2022, the outstanding warrants have a weighted average remaining term of 0.87 years and an intrinsic value of $2,236.

During the three and nine months ended June 30, 2022, there were no exercise of warrants.