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Note 7 - Common Stock Warrants
6 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Stockholders' Equity Note, Warrants or Rights Warrants Disclosure [TextBlock]

Note 7 Common Stock Warrants

 

The Company’s outstanding warrants to purchase shares of its common stock at June 30, 2024 are summarized in the table below.

 

Description of Warrants

 

No. of Shares

  

Exercise Price

 

SWK Warrants – Debt – Tranche #1

  51,239  $5.86 

SWK Warrants – Debt – Tranche #2

  18,141  $6.62 

Total (Avg)

  69,380  $6.05 

 

The holders of these warrants or their permitted transferees, are entitled to rights with respect to the registration under the Securities Act of 1933, as amended (the “Securities Act”) for their shares that are converted to common stock, including demand registration rights and piggyback registration rights. These rights are provided under the terms of a registration rights agreement between the Company and the investors.