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Stockholders' Equity | 9 Months Ended
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Sep. 30, 2024
Stockholders' Equity |
Stockholders' Equity | 7.Stockholders’ Equity Preferred Stock Under the Company’s restated certificate of incorporation, as amended, the Company has 5,000,000 shares of preferred stock authorized for issuance, with a $0.001 par value per share. Preferred stock may be issued from time to time in one or more series, each series to have such terms as stated or expressed in the resolutions providing for the issue of such series adopted by the board of directors of the Company. Preferred stock which may be redeemed, purchased or acquired by the Company may be reissued except as otherwise provided by law. As of September 30, 2024, the Company had 31,107 shares of Series X Preferred Stock outstanding. Each share of Series X Preferred Stock is convertible into 166.67 shares of common stock and therefore the number of shares of underlying common stock issuable upon conversion of the Series X Preferred Stock is 5,184,591. Outstanding Warrants The following table presents information about warrants that are issued and outstanding at September 30, 2024: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year Issued |  | Equity Instrument |  | Warrants Outstanding |  | Exercise Price |  | Date of Expiration
2023 (1) |  | Common Stock | ​ | 6,796,280 | ​ | $ | 8.03 |  | 10/16/2028
Total |  | ​ | ​ | 6,796,280 | ​ |  | ​ |  | ​
Weighted average exercise price | ​ | ​ | ​ | ​ | ​ | $ | 8.03 |  | ​
Weighted average life in years | ​ | ​ | ​ | ​ | ​ |  |  |  | 4.05
(1) 1,571,093 pre-funded warrants were issued in 2023 with an exercise price of $0.001 per share and are exercisable until all pre-funded warrants are exercised in full. 1,571,093 pre-funded warrants were outstanding as of September 30, 2024 and are not included in the table above.

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