Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.24.1.1.u2
Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2024
Class of Warrant or Right [Line Items]  
Schedule of Warrant Activity

Stock warrant transactions for the three months ended March 31, 2024 were as follows:

 

    Number of     Weighted Average  
    Warrants     Exercise Price  
Warrants outstanding at December 31, 2023     304,962     $ 63.30  
Granted     -       -  
Forfeited/cancelled     -       -  
Exercised     -       -  
Warrants outstanding at March 31, 2024     304,962     $ 63.30  
Warrants exercisable at March 31, 2024     304,962     $ 63.30  
Schedule of Options Activity

Common stock option transactions for the three months ended March 31, 2024 were as follows:

 

    Number of     Weighted Average  
    Options     Exercise Price  
Options outstanding at December 31, 2023     126,265     $ 39.60  
Granted            
Forfeited/cancelled            
Exercised            
Options outstanding at March 31, 2024     126,265     $ 39.60  
Options exercisable at March 31, 2024     123,487     $ 40.25  
Schedule of Stock Granted Assumptions

Stock price   $ 0.85  
Risk-free interest rate     3.62 %
Expected volatility     121 %
Expected life (in years)     5.3  
Expected dividend yield     -  
Schedule of Options Outstanding and Options Exercisable

Options outstanding as of March 31, 2024 are exercisable as follows:

 

      Options Outstanding     Options Exercisable  

Range of

Exercise

Price

   

Number

Outstanding

   

Weighted

Average

Remaining

Contractual

Life (Years)

   

Weighted

Average

Exercise

Price

   

Number

Exercisable

   

Weighted

Average

Exercise

Price

 
$ 10.50       16,666       9.1     $ 10.50       13,888     $ 10.50  
  25.50       66,667       8.8       25.50       66,667       25.50  
  74.40       42,932       8.3       74.40       42,932       74.40  
          126,265                       123,487          
Warrants [Member]  
Class of Warrant or Right [Line Items]  
Schedule of Warrants Outstanding and Exercisable

Warrants outstanding as of March 31, 2024 are exercisable as follows:

 

      Warrants Outstanding     Warrants Exercisable  

Range of

Exercise

Price

   

Number

Outstanding

   

Weighted

Average

Remaining

Contractual

Life (Years)

   

Weighted

Average

Exercise

Price

   

Number

Exercisable

   

Weighted

Average

Exercise

Price

 
$ 10.50       1,867       1.3     $ 10.50       1,867    

$

10.50  
  30.0037.50       229,666       4.3       30.42       229,666       30.42  
  165       73,429       1.9       165.00       73,429       165.00  
          304,962                       304,962