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STOCKHOLDER'S EQUITY (Tables)
12 Months Ended
Dec. 31, 2020
STOCKHOLDER'S EQUITY  
Warrants Outstanding

 

 

 

 

 

 

 

December 31, 2020

 

December 31, 2019

 

    

 

    

 

 

 

Number of

 

Number of

 

 

Warrants

 

Warrants

Warrants outstanding at beginning of period

 

197,622

 

15,107

Issued

 

 —

 

                 182,515

Expired

 

(15,107)

 

 —

Exercised

 

(182,515)

 

 —

Warrants outstanding at end of period

 

 —

 

197,622

 

 

 

 

 

On October 6, 2020, a warrant holder of 182,515 warrants provided notice of exercise. The warrant holder elected the cashless exercise method to convert the warrants to shares of common stock. Based on the cashless exercise formula, the Company issued the warrant holder 118,799 shares of common stock.