v3.25.3
Stock Warrants
 9 Months Ended
Sep. 30, 2025
Stock Warrants  
Stock Warrants

9. Stock Warrants

 

The Company’s warrant activity during the nine months ended September 30, 2025 is as follows:

 

   Shares   Weighted-
Average
Exercise
Price		   Weighted-
Average
Remaining
Contractual
Terms
(Years)		   Aggregate
Intrinsic
Value		 
                 
Outstanding at December 31, 2024   91,549   $52.32    1.85   $            - 
Granted   -    -    -    - 
Exercised   -    -    -    - 
Forfeited   -    -    -    - 
Outstanding at September 30, 2025   91,549   $52.32    1.10   $- 
Exercisable at September 30, 2025   91,549   $52.32    1.10   $- 

 

As of September 30, 2025, the outstanding and exercisable warrants have no aggregate intrinsic value. The aggregate intrinsic value was calculated as the difference between the closing market price as of September 30, 2025, which was $6.18, and the exercise price of the Company’s warrants to purchase common stock.