| Schedule of Warrants Outstanding and Exercisable |
The following table summarizes the Company’s
warrants outstanding and exercisable as of September 30, 2024 and December 31, 2023: | | | | | | | | | Weighted | | | | | | | | | | | Weighted | | | Average | | | | | | | | | | | Average | | | Remaining | | | Aggregate | | | | | Number of | | | Exercise | | | Life | | | Intrinsic | | | | | Warrants | | | Price | | | In Years | | | Value | | | Outstanding and Exercisable at January 1, 2024 | | | 9,531,242 | | | $ | 39.44 | | | | 3.72 | | | $ | - | | | Issued in August 2024 Offering | | | 37,921,212 | | | | 0.24 | | | | 4.21 | | | | - | | | Issued prefunded warrants | | | 8,220,084 | | | | - | | | | - | | | | - | | | Exercise of prefunded warrants | | | (8,220,084 | ) | | | - | | | | - | | | | - | | | Expired warrants | | | (246,952 | ) | | | 305.00 | | | | - | | | | - | | | Outstanding at September 30, 2024 | | | 47,205,502 | | | $ | 6.70 | | | | 3.97 | | | $ | - | |
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The following
table summarizes the Company’s warrants outstanding and exercisable as of December 31, 2023 and 2022: | | | Number of Warrants | | | Weighted Average Exercise Price | | | Weighted Average Remaining Life In Years | | | Aggregate Intrinsic Value | | | Outstanding and Exercisable at December 31, 2022 | | | 4,295,380 | | | $ | 120.39 | | | | 3.60 | | | $ | - | | | Outstanding and Exercisable at January 1, 2023 | | | 4,295,380 | | | $ | 120.39 | | | | 3.60 | | | $ | - | | | Issued - January 2023 Offering | | | 14,840,198 | | | | 2.52 | | | | 4.07 | | | | - | | | Issued prefunded warrants | | | 3,440,000 | | | | 0.00 | | | | - | | | | - | | | Issued - November 2023 Warrant Inducement | | | 1,462,790 | | | | 2.00 | | | | 4.70 | | | | | | | Exercise of prefunded warrants | | | (3,440,000 | ) | | | 0.00 | | | | - | | | | - | | | Exercise of warrants - January 2023 Offering | | | (859,770 | ) | | | 2.52 | | | | - | | | | - | | | Exercise of warrants - November 2023 Warrant Inducement | | | (10,021,040 | ) | | | 2.00 | | | | - | | | | | | | Expiration of warrants | | | (186,316 | ) | | | 459.49 | | | | - | | | | - | | | Outstanding and Exercisable at December 31, 2023 | | | 9,531,242 | | | $ | 39.44 | | | | 3.72 | | | $ | - | |
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