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SHAREHOLDERS' EQUITY | 6 Months Ended
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Jun. 30, 2025
SHAREHOLDERS' EQUITY |
SHAREHOLDERS' EQUITY | NOTE 13 – SHAREHOLDERS’ EQUITY In January and February 2025, certain investors in the December 2024 Offering exercised (i) the remaining outstanding 320,362 December 2024 Pre-Funded Warrants, (ii) 9,143 Series F Warrants and 3,000 Series G Warrants, resulting in net proceeds to the Company of approximately $173,000. Warrants The following table summarizes warrant activities during the six months ended June 30, 2025: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted
​ | ​ | ADSs | ​ | Average
​ | ​ | Underlying | ​ | Exercise Price
​ | ​ | Warrants | ​ | Per ADS
Outstanding and exercisable at December 31, 2024 | ​ | 1,440,664 |  | $ | 16.80
Exercised Pre-Funded and Common Warrants |  | (332,505) | ​ | ​ | 0.58
Outstanding and exercisable at June 30, 2025 | ​ | 1,108,159 | ​ | $ | 21.92
​ As of June 30, 2025, outstanding Warrants expire in 2026, 2027 and 2029, and the outstanding Warrants have an approximate intrinsic value of $0.

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