Quarterly report pursuant to Section 13 or 15(d)

Stock Options, Warrants and Restricted Common Stock (Tables)

v3.21.2
Stock Options, Warrants and Restricted Common Stock (Tables)
6 Months Ended
Jun. 30, 2021
Share-based Payment Arrangement [Abstract]  
Summary of Restricted Plan Activity

A summary of the Company’s unvested restricted common stock awards activity in the six months ended June 30, 2021 is presented here:

Number of Shares

Weighted Average Grant-Date

Fair Value

Unvested at January 1, 2021

633,305

$

1.27

 

Vested

(151,366)

$

9.84

 

Granted

154,056

$

33.96

 

Forfeited

(150)

$

44.64

 

Unvested at June 30, 2021

635,845

$

7.14

 

Schedule of Changes in Outstanding Warrants

Following is a summary of outstanding warrants (issued in connection with previously disclosed private placement transactions in 2019 and 2017) for the six months ended June 30, 2021:

Shares

Underlying

Options/Warrants

Weighted

Average

Exercise

Price

Weighted

Average

Remaining

Contractual Term (Years)

Aggregate

Intrinsic Value

Outstanding and exercisable at January 1, 2021

2,061,770

$

32.33

 

1.1

 

$

6,256

 

Exercised

(1,672,892)

$

1.94

 

-

 

-

 

Forfeited

(388,878)

$

40.00

 

-

 

-

 

Outstanding and exercisable at June 30, 2021

-

$

-

 

-

 

$

-