XML 21 R11.htm IDEA: XBRL DOCUMENT v3.23.3
Note 5 - Warrants to Purchase Common Stock
 9 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Share-Based Payment Arrangement [Text Block]

5. Warrants to Purchase Common Stock

 

The following table presents the Company’s warrants as of September 30, 2023:

 

   

Number of Shares

    

Weighted Average Exercise Price

    

Weighted Average Remaining Life (in

years)

  

Warrants as of December 31, 2022

     109,584     $ 13.24       4.53  

Issued

     -     $ -       -  

Exercised

     -     $ -       -  

Warrants as of September 30, 2023

     109,584     $ 13.25       3.78  

 

At September 30, 2023, warrants for the purchase of 101,945 shares were vested and warrants for the purchase of 7,639 shares remained unvested. The Company expects to incur expenses for the unvested warrants totaling $116,896 as they vest.