Quarterly report pursuant to Section 13 or 15(d)

WARRANTS

v3.23.3
WARRANTS
9 Months Ended
Sep. 30, 2023
Warrants and Rights Note Disclosure [Abstract]  
WARRANTS WARRANTS
The following table summarizes the Company's warrant activity for the nine months ended September 30, 2023:
Warrants Weighted-Average
Exercise
Price
Warrants Outstanding as of January 1, 2023 80,881,817  $ 0.11 
Issued 70,357,155  $ 0.03 
Exercised (4,285,500) $ 0.01 
Expired (710,000) $ 2.33 
Warrants Outstanding as of September 30, 2023 146,243,472  $ 0.06 
In January 2023, the Company issued 70,357,155 warrants to purchase up to 70,357,155 of common stock with an exercise price of $0.028 in connection the Private Placement described in "Note 12 - Stockholders' Deficit".

During the nine months ended September 30, 2023, the Company issued 2,514,632 shares of common stock upon the exercise of 4,285,500 warrants on a cashless basis.