The following is a summary of stock warrant activity during the years ended September 30, 2022 and September 30, 2021.


	Number of Warrant Shares			Weighted Average Exercise Price ($)
Balance, September 30, 2020		1,299,065		$	21.78
Warrants granted		—			—
Warrants expired		(432,721	)		15.00
Warrants canceled		—			—
Warrants exercised		(250,790	)		11.77
Balance, September 30, 2021		615,554		$	30.72
Warrants granted		—			—
Warrants expired		(413,334	)		39.38
Warrants canceled		—			—
Warrants exercised		—			—
Balance, September 30, 2022		202,220		$	13.03

As of September 30, 2022, there are warrants exercisable to purchase 202,220 shares of common stock in the Company and there are no warrants that are unvested. All outstanding warrants contain provisions allowing a cashless exercise at their respective exercise prices.

As of September 30, 2022, the outstanding warrants have a weighted average remaining term of 2.92 years and an intrinsic value of $0.

During the year ended September 30, 2021, a total of 173,990 shares of the Company’s common stock were issued in connection with the exercise of common stock warrants at exercise prices ranging from $3.36 and $20.00, for total consideration of $2,883,623. Additionally, a total of 74,437 shares of the Company’s common stock were issued in connection with the cashless exercise of 76,800 common stock warrants at exercise prices ranging from $0.83 to $3.67.