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WARRANTS
 9 Months Ended
Sep. 30, 2022
Warrants  
WARRANTS

NOTE 11 – WARRANTS

 

The following table shows warrant activity for the nine months ended September 30, 2022.

 

  

Number of

shares

  

Weighted

Average

Exercise Price

 
Warrants outstanding as of December 31, 2021   374,088   $11.26 
Exercised   (18,196)  $6.00 
Terminated – cashless exercise   (44,393)  $6.00 
Warrants outstanding as of September 30, 2022   311,499   $12.32 
Warrants exercisable as of September 30, 2022   311,499   $12.32 

 

The weighted-average life of the warrants is 2.10 years. The aggregate intrinsic value of the warrants outstanding and exercisable as of September 30, 2022 is $0.