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WARRANTS
9 Months Ended
Dec. 31, 2024
Warrants  
WARRANTS

8. WARRANTS

 

During the nine-months ended December 31, 2024, we issued 16,524,000 warrants in connection with the May 17, 2024 public offering. We did not issue any warrants in the nine-months ended December 2023.

 

A summary of warrant activity during the nine months ended December 31, 2024 is presented below:

            
   Amount   Range of
Exercise
Price
   Weighted
Average
Exercise
Price
 
Warrants outstanding at March 31, 2024   32,676   $15.00 – 27.50   $20.09 
                
Granted   16,524,000   $0.58   $0.58 
Exercised   (3,180,000)  $0.58   $0.58 
Cancelled/Expired   (20,217)  $15.00 - 18.75   $15.66 
Warrants outstanding at December 31, 2024   13,356,459   $0.58 – 27.50   $0.60 
Warrants exercisable at December 31, 2024   13,356,459   $0.58 – 27.50   $0.60