14. STOCK WARRANTS |
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Jun. 30, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| STOCK WARRANTS | 14. STOCK WARRANTS The following is a summary of stock warrant activity during the nine months ended June 30, 2024.
As of June 30, 2024, there were warrants exercisable to purchase 17,560 shares of common stock in the Company and there were no warrants that were unvested. These warrants have a weighted average exercise price of $6.12. During the nine months ended June 30, 2024, there were 65,000 warrants exercised on a cash-less basis, with 42,777 net shares issued. As of June 30, 2024, 10,000 of the outstanding warrants had a remaining term of 4.2 years and an intrinsic value of $92. The remaining 7,560 of the outstanding warrants do not have expiration dates and have an intrinsic value of $103. |
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