Quarterly report pursuant to Section 13 or 15(d)

15. Warrants (Tables)

v3.20.1
15. Warrants (Tables)
3 Months Ended
Mar. 31, 2020
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 March 31, 2020:

 

    Warrants Outstanding Number Of Shares   Exercise Prices Per Share   Weighted Average Remaining Contractual Life   Weighted Average Exercise Price Per Share   Aggregate Intrinsic Value
Balance at December 31, 2019     11,124,405     $ 3.30 - 6.00       4.37 years     $ 1.74       —    
Warrants Granted     72,073,810     $ 0.26 - 0.34       4.96 years     $ 0.26       —    
Warrants Exercised     500,000     $ 3.90       2.51 years     $ 3.90       —    
Warrants Expired     —       $ —         —       $ —         —    
Balance at March 31, 2020     82,698,215     $ 0.26 - 5.30       4.15 years      $ 1.48       —    
                                         
Exercisable December 31, 2019     7,176,620     $ 0.76 - 6.00       3.77 years     $ 2.52       —    
Exercisable March 31, 2020     78,746,851     $ 0.26 - 5.30       2.50 years     $ 1.52       —