Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.22.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
SUMMARY OF OUTSTANDING STOCK WARRANTS

A summary of the status of the Company’s outstanding stock warrants and changes during the three months ended March 31, 2022 is as follows:

 

    Number of Warrants     Weighted Average
Exercise Price
    Weighted Average Remaining Contractual Life
(in years)
 
Outstanding as of December 31, 2021     326,779     $ 25.54       3.5  
Issued     -     $ -       -  
Expired     (2,404 )   $ 52.00       -  
Exercised     -     $ -       -  
Outstanding as of March 31, 2022     324,375     $ 25.00       3.8  
Warrants exercisable as of March 31, 2022     324,375     $ 25.00       3.8  
                         
The aggregate intrinsic value of warrants outstanding and exercisable at March 31, 2022 was           $ 956,907          

 

SUMMARY OF RESTRICTED STOCK AWARD ACTIVITY

A summary of the restricted stock award activity (represented by restricted stock units (RSUs) for the three months ended March 31, 2022 as follows:

 

    Number of Units     Weighted Average Grant Date Fair Value  
Nonvested at December 31, 2021     642,094     $ 35.93  
Granted     665,180     $ 24.64  
Vested     (118,796 )   $ 26.99  
Nonvested at March 31, 2022     1,188,478     $ 25.78