Quarterly report pursuant to Section 13 or 15(d)

Common stock warrants (Tables)

v3.23.1
Common stock warrants (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of common stock warrants

The following table summarizes Series B and Series D common stock warrants as of each period:

 

    Series B     Series D     B and D Total  
Outstanding at December 31, 2021     87,456       6,252,954     6,340,410  
Issued     -       -     -  
Exercised     (87,456 )     (2,954 )   (90,410 )
Outstanding at December 31, 2022     -       6,250,000     6,250,000  
Issued     -       -     -  
Exercised     -       -     -  
Outstanding at March 31, 2023     -       6,250,000     6,250,000  

 

Series E, F, G, and H warrants were issued for investment banking and advisory services during 2009. Series E, F, and G warrants were exercised in 2014. On November 14, 2022, the 275,647 Series H Warrants of Lenox Hill Partners, LLC were cancelled pursuant to a Settlement Agreement. As of December 31, 2022, there were 413,512 Series H ($7) Warrants outstanding. The following table summarizes Series H ($7) warrants as of each period:

 

   

Series H

$7.00

exercise price

 
Outstanding at December 31, 2021     689,159  
Issued     -  
Canceled     275,647  
Exercised     -  
Outstanding at December 31, 2022     413,512  
Issued     -  
Exercised     -  
Outstanding at March 31, 2023     413,512