Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.20.4
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Summary of Outstanding Stock Warrants

A summary of the status of the Company’s outstanding stock warrants and changes during year ended is as follows:

 

   

Number of

Warrants

   

Weighted Average

Exercise Price

   

Weighted Average

Remaining

Contractual Life
(in years)

 
Outstanding as of December 31, 2018     182,191     $ 25.04       2.8  
Expired     -       -       -  
Exercised     -       -       -  
Outstanding as of December 31, 2019     182,191     $ 25.04       2.8  
Issued     536,667       1.13       4.6  
Expired     (17,969 )     59.14       -  
Exercised     (413,233 )     1.13       -  
Outstanding as of December 31, 2020     287,656     $ 12.64       2.7  
Warrants exercisable as of December 31, 2020     287,656     $ 12.64       2.7  

Summary of Stock Options

A summary of the stock options as of December 31, 2020 and changes during the year ended is as follows:

 

    Number
of Shares
    Weighted Average
Exercise Price
   

Weighted Average

Remaining

Contractual Life
(in years)

 
Outstanding as of December 31, 2019     1,731,745     $ 5.50       7.92  
Cancelled     (1,587,500 )     2.28       -  
Exercised     (25,000 )     2.04       -  
Expired     (13,125 )     83.62       -  
Outstanding as of December 31, 2020     106,120     $ 44.32       4.28  
Options vested and expected to vest as of December 31, 2020     106,120     $ 44.32       4.28  
Options vested and exercisable as of December 31, 2020     106,120     $ 44.32       4.28  

 

A summary of the stock options as of December 31, 2019 and changes during the year ended is as follows:

 

    Number
of Shares
    Weighted Average
Exercise Price
   

Weighted Average

Remaining

Contractual Life
(in years)

 
Outstanding as of December 31, 2018     1,466,520     $ 6.66       9.49  
Granted     275,000       2.04       4.81  
Expired     (9,775 )     82.05       -  
Outstanding as of December 31, 2019     1,731,745     $ 5.50       7.92  
Options vested and expected to vest as of December 31, 2019     1,731,745     $ 5.50       7.92  
Options vested and exercisable as of December 31, 2019     1,594,245     $ 5.80       8.21  

Summary of Restricted Stock Award Activity

A summary of the RSUs as of December 31, 2020 and 2019, respectively and changes during the period are presented below:

 

    Number
of Units
   

Weighted Average

Grant Date Fair

Value

 
Nonvested at December 31, 2018     43,750     $ 6.88  
Granted     150,000     $ 1.73  
Vested     (175,000 )   $ 2.47  
Nonvested at December 31, 2019     18,750     $ 6.88  
Granted     2,745,639     $ 0.43  
Vested     (2,198,110 )   $ 0.49  
Nonvested at December 31, 2020     566,279     $ 0.43  

 

    Number
of Units
   

Weighted Average

Grant Date Fair

Value

 
Nonvested at December 31, 2019     18,750     $ 6.88  
Granted     2,745,639     $ 0.43  
Vested     (2,198,110 )   $ 0.48  
Nonvested at December 31, 2020     566,279     $ 0.45  

 

    Number of Units    

Weighted Average

Grant Date Fair

Value

 
Anticipated Vesting     -     $ -  
March 31, 2021     566,279     $ 0.43