Quarterly report pursuant to Section 13 or 15(d)

14. Warrants (Tables)

v3.19.2
14. Warrants (Tables)
 6 Months Ended
Jun. 30, 2019
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrant activity

The following table summarizes the changes in the Company’s outstanding warrants during the three months ended June 30, 2019:

 

    Warrants Outstanding Number of Shares     Exercise Price per Share     Weighted Average Remaining Contractual Life     Weighted Average Exercise Price per Share     Aggregate Intrinsic Value  
Balance at December 31, 2018     5,899,389     $ 3.30 – 6.00       3.74 years     $ 3.35     $ –  
Warrants Granted     3,691,788     $ 2.12 – 3.00       4.89 years     $ 3.00     $ –  
Warrants Exercised     –       –       –       –       –  
Warrants Expired     100,002     $ 6.00       –     $ 6.00     $ –  
Balance at June 30, 2019     9,491,175     $ 2.12 – 6.00       3.82 years     $ 3.05     $ –  
                                         
Exercisable December 31, 2018     5,899,389     $ 3.30 – 6.00       3.74 years     $ 3.53     $ –  
Exercisable June 30, 2019     6,745,281     $ 2.12 – 6.00       3.49 years     $ 3.30     $ –