XML 57 R44.htm IDEA: XBRL DOCUMENT v3.22.1
STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2021
Subsidiary, Sale of Stock [Line Items]  
SCHEDULE OF STOCK HOLDERS EQUITY

 

Period  Total Number of
Shares
Purchased(1)
   Average Price
Paid per
Shares(1)
   Total Number of
Shares Purchased as
Part of Publicly
Announced
Program(1)
   Maximum Approximate Dollar Value of
Shares that May Yet Be
Purchased Under the
Program(1)
 
December 2021   1,734,838   $1.14    1,734,838     
Total all plans   1,734,838   $1.14    1,734,838   $8,024,921 
IPO One [Member]  
Subsidiary, Sale of Stock [Line Items]  
SCHEDULE OF NET PROCEEDS FROM OFFERING

The Company received net proceeds from this offering as follows:

 

Description  Amount 
Net proceeds received:     
  $ 
Proceeds from the sale of 2,800,000 shares of Common Stock at $3.095 per share  $8,666,000 
Proceeds from the sale of pre-funded warrants to purchase 7,200,000 shares of Common Stock at $3.085 per share   22,212,000 
Less: Placement agent fees and other expenses of the offering   (1,937,000)
      
Net proceeds of the offering  $28,941,000 
IPO One [Member] | Warrant Derivative Liability [Member]  
Subsidiary, Sale of Stock [Line Items]  
SCHEDULE OF NET PROCEEDS FROM OFFERING

 

Description  Amount 
     
Warrant derivative liabilities  $21,922,158 
Pre-funded warrant derivative liabilities   378,615 
Total allocation of the net proceeds of the offering to warrant derivative liabilities  $22,300,773 
IPO Two [Member]  
Subsidiary, Sale of Stock [Line Items]  
SCHEDULE OF NET PROCEEDS FROM OFFERING

Description  Amount 
Net proceeds received:     
    
Proceeds from the sale of 3,250,000 shares of Common Stock at $2.80 per share  $9,100,000 
Proceeds from the sale of pre-funded warrants to purchase 11,050,000 shares of Common Stock at $2.79 per share   30,829,500 
Less: Placement agent fees and other expenses of the offering   (2,482,400)
      
Net proceeds of the offering  $37,447,100 
IPO Two [Member] | Warrant Derivative Liability [Member]  
Subsidiary, Sale of Stock [Line Items]  
SCHEDULE OF NET PROCEEDS FROM OFFERING

Description  Amount 
     
Warrant derivative liabilities  $27,476,352 
Pre-funded warrant derivative liabilities   1,438,934 
Total allocation of the net proceeds of the offering to warrant derivative liabilities  $28,915,286