General form of registration statement for all companies including face-amount certificate companies

13. Warrants (Tables)

v3.19.3.a.u2
13. Warrants (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
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 September 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     5.491,788     $ 1.14 – 2.55       4.89 years     $ 3.00     $ –  
Warrants Exercised     945,894     $ 0.76       –     $

0.76

     $ –  
Warrants Expired     100,002     $ 6.00       –     $ 6.00     $ –  
Balance at September 30, 2019     10,345,281     $ 1.14 – 5.30       3.86 years     $ 2.80     $ –  
                                    $    
Exercisable December 31, 2018     5,899,389     $ 3.30 – 6.00       3.74 years     $ 3.53     $ –  
Exercisable September 30, 2019     8,545,281     $ 2.12 – 5.30       3.55 years     $ 3.15     $ –  
   

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, 2017     3,414,389     $ 3.30 - 6.00       4.21 years     $ 3.92       –  
Warrants Granted     2,485,000     $ 3.00       4.46 years       3.00       ؘ–  
Warrants Exercised     –       –       –       –       –  
Warrants Expired     –       –       –       –       –  
Balance at December 31, 2018     5,899,389     $ 3.00 – 6.00       3.74 years       –       –  
                                         
Exercisable December 31, 2017     3,414,389     $ 3.30 - 6.00       4.21 years     $ 3.92       –  
Exercisable December 31, 2018     5,899,389     $ 3.30 - 6.00       3.74 years     $ 3.53       –