Annual report pursuant to Section 13 and 15(d)

EQUITY (Tables)

v3.24.1
EQUITY (Tables)
12 Months Ended
Dec. 31, 2023
EQUITY  
Schedule of activity of warrants outstanding

 

 

 

 

 

 

 

 

Weighted

 

 

 

Number of

 

 

Weighted Average

 

 

Average

 

 

 

shares

 

 

Exercise Price

 

 

Life (years)

 

Outstanding, December 31, 2021

 

 

295,601

 

 

$ 69.45

 

 

 

2.83

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(25,548 )

 

 

(125.92 )

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, December 31, 2022

 

 

270,053

 

 

$ 64.16

 

 

 

2.05

 

Granted

 

 

-

 

 

 

-

 

 

 

-

 

Expired

 

 

(27,420 )

 

 

198.07

 

 

 

-

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, December 31, 2023

 

 

242,633

 

 

$ 44.07

 

 

 

1.10

 

Schedule of fair value assumptions used to value stock options

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Expected term

 

 5.50 - 6.25 years

 

 

 5.50 years

 

Expected average volatility

 

110 - 150%

 

 

 

153 %

Expected dividend yield

 

 

-

 

 

 

-

 

Risk-free interest rate

 

3.43 - 4.15%

 

 

 

3.18 %
Schedule of stock option activity

 

 

Options Outstanding

 

 

Weighted Average

 

 

 

Number of

 

 

Weighted Average

 

 

Remaining life

 

 

 

Options

 

 

Exercise Price

 

 

(years)

 

 

 

 

 

 

 

 

 

 

 

Outstanding, December 31, 2021

 

 

333,945

 

 

$ 24.45

 

 

 

9.36

 

Granted

 

 

4,002

 

 

 

4.89

 

 

 

10.00

 

Exercised

 

 

 -

 

 

 

 -

 

 

 

 -

 

Forfeited/canceled

 

 

(24,838)

 

 

 

(25.69)

 

 

 

(8.74)

 

Outstanding, December 31, 2022

 

 

313,109

 

 

$ 24.15

 

 

 

8.41

 

Granted

 

 

205,996

 

 

 

3.03

 

 

 

10.00

 

Exercised

 

 

-

 

 

 

-

 

 

 

-

 

Forfeited/canceled

 

 

-

 

 

 

-

 

 

 

-

 

Outstanding, December 31, 2023

 

 

519,105

 

 

$ 15.97

 

 

 

8.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable options, December 31, 2023

 

 

232,873

 

 

$ 27.96

 

 

 

7.29