Quarterly report pursuant to Section 13 or 15(d)

Warrants

v3.24.3
Warrants
9 Months Ended
Sep. 30, 2024
Warrants [Abstract]  
Warrants Warrants
The following table represents a summary of warrants to purchase shares of the Company’s common stock that are outstanding (in thousands, except for exercise price):
Warrant Issue Date Outstanding as of September 30, 2024 Exercise Price Expiration
June, 2020 - November, 2020 218
$10,044 - $41,850
June, 2025 to November, 2025
January, 2021 - December, 2021 147
$3,510 - $50,625
January, 2026 to December, 2026
March, 2022 - October, 2022 1,843
$2,880 - $18,000
March, 2027 to October, 2027
January, 2023 282
$2,898
January, 2028
February, 2023 1,372
$2,880 - $4,500
February, 2028
June, 2023 7,446
$1,330 - $1,384
June, 2028
March, 2024 5,001
$14
March, 2029
July, 2024 350,000
$2.65
N/A
August, 2024 600,000
$1.90 - $2.02
August, 2029
On September 18, 2024, the Company entered into two Warrant Exchange Agreements (collectively, the “2024 Warrant Exchange”) with two investors to exchange 366 warrants issued between 2018 and 2022 into a total of 50,000 shares of common stock. The 2024 Warrant Exchange was treated as a modification in accordance with ASC 718 and the Company recognized $0.1 million in general and administrative expense related to the 2024 Warrant Exchange during the three months ended September 30, 2024.