STOCKHOLDERS’ EQUITY (Tables)
|
12 Months Ended |
Dec. 31, 2023 |
|---|
| Equity [Abstract] |
|
| SUMMARY OF WARRANTS ACTIVITY |
A
summary of warrant activity during the year ended December 31, 2023 is presented below:
SUMMARY
OF WARRANTS ACTIVITY
| |
|
Number
of Warrants |
|
|
Weighted
Average Exercise Price |
|
|
Weighted
Average Remaining Life in Years |
|
|
Intrinsic
Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding, January 1, 2023 |
|
|
129,913 |
|
|
$ |
57.70 |
|
|
|
|
|
|
|
|
|
| Issued |
|
|
385,485 |
|
|
|
12.72 |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
(13,473 |
) |
|
|
33.58 |
|
|
|
|
|
|
|
|
|
| Expired |
|
|
(105,681 |
) |
|
|
50.62 |
|
|
|
|
|
|
|
|
|
| Cancelled |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Repriced 1 |
|
|
(348,341 |
) |
|
|
17.51 |
|
|
|
|
|
|
|
|
|
| Repriced
1 |
|
|
348,341 |
|
|
|
4.67 |
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2023 |
|
|
396,244 |
|
|
$ |
5.35 |
|
|
|
2.0 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable, December 31, 2023 |
|
|
396,244 |
|
|
$ |
5.35 |
|
|
|
2.0 |
|
|
$ |
- |
|
| |
1
|
On
February 21, 2023 in connection with the SPA, the exercise price of certain warrants for the purchase of 6,250 common shares exercisable
at $210.00 per share and warrants for the purchase of 4,381 shares exercisable at $60.00 per share was reduced to $10.00 per share.
On August 11, 2023, the Company adjusted the exercise price of the 2023 Note Warrant exercisable for the purchase of 337,710 common
shares, from $13.40 to $4.50 per share. See Note 14, Convertible Debt Obligations. |
|
| SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE |
A
summary of outstanding and exercisable warrants as of December 31, 2023 is presented below:
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE
| Warrants
Outstanding |
|
|
Warrants
Exercisable |
|
| Exercise
Price |
|
|
Exercisable
Into |
|
Outstanding
Number of Warrants |
|
|
Weighted
Average Remaining Life in Years |
|
|
Exercisable
Number of Warrants |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| $ |
4.50 |
|
|
Common
Stock |
|
|
355,710 |
|
|
|
2.1 |
|
|
|
355,710 |
|
| $ |
10.00 |
|
|
Common
Stock |
|
|
40,406 |
|
|
|
1.1 |
|
|
|
40,406 |
|
| $ |
900.00 |
|
|
Common
Stock |
|
|
128 |
|
|
|
2.1 |
|
|
|
128 |
|
| |
|
|
|
Total |
|
|
396,244 |
|
|
|
2.0 |
|
|
|
396,244 |
|
|
| SCHEDULE OF RESTRICTED STOCK UNITS AND WEIGHTED AVERAGE GRANT DATE FAIR VALUES |
A
summary of RSU activity during the year ended December 31, 2023 is presented below:
SCHEDULE OF RESTRICTED STOCK UNITS AND WEIGHTED AVERAGE GRANT DATE FAIR VALUES
| |
|
|
|
|
Weighted Average |
|
| |
|
Number of |
|
|
Grant Date
Value |
|
| |
|
RSUs |
|
|
Per
Share |
|
| RSUs non-vested January 1, 2023 |
|
|
51,150 |
|
|
$ |
11.60 |
|
| Granted |
|
|
51,002 |
|
|
$ |
0.26 |
|
| Vested |
|
|
(25,892 |
) |
|
$ |
11.62 |
|
| Forfeited |
|
|
(133 |
) |
|
$ |
11.60 |
|
| RSUs non-vested December 31, 2023 |
|
|
76,127 |
|
|
$ |
3.99 |
|
|
| SCHEDULE OF STOCK OPTION ACTIVITY |
A
summary of stock option activity during the year ended December 31, 2023 is presented below:
SCHEDULE OF STOCK OPTION ACTIVITY
| |
|
|
|
|
Weighted |
|
|
Weighted |
|
|
|
|
| |
|
|
|
|
Average |
|
|
Average |
|
|
|
|
| |
|
Number of |
|
|
Exercise |
|
|
Remaining |
|
|
Intrinsic |
|
| |
|
Options |
|
|
Price |
|
|
Term
(Yrs) |
|
|
Value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding, January 1, 2023 |
|
|
4,084 |
|
|
|
853.35 |
|
|
|
|
|
|
|
|
|
| Granted |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
| Expired |
|
|
(1,271 |
) |
|
|
1,098.90 |
|
|
|
|
|
|
|
|
|
| Forfeited |
|
|
(9 |
) |
|
|
970.80 |
|
|
|
|
|
|
|
|
|
| Outstanding, December 31, 2023 |
|
|
2,804 |
|
|
|
741.67 |
|
|
|
0.8 |
|
|
$ |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercisable, December 31, 2023 |
|
|
2,636 |
|
|
$ |
733.78 |
|
|
|
0.8 |
|
|
$ |
- |
|
|
| SCHEDULE OF STOCK OPTION OUTSTANDING AND EXERCISABLE |
SCHEDULE
OF STOCK OPTION OUTSTANDING AND EXERCISABLE
| Options
Outstanding |
|
|
Options
Exercisable |
|
| |
|
|
|
|
|
Weighted |
|
|
|
|
| |
|
|
Outstanding |
|
|
Average |
|
|
Exercisable |
|
| Exercise |
|
|
Number of |
|
|
Remaining
Life |
|
|
Number of |
|
| Price |
|
|
Options |
|
|
In
Years |
|
|
Options |
|
| |
|
|
|
|
|
|
|
|
|
|
| $ |
46.20 |
|
|
|
55 |
|
|
|
0.1 |
|
|
|
55 |
|
| $ |
70.80 |
|
|
|
28 |
|
|
|
2.0 |
|
|
|
21 |
|
| $ |
72.00 |
|
|
|
84 |
|
|
|
1.8 |
|
|
|
64 |
|
| $ |
72.60 |
|
|
|
56 |
|
|
|
1.7 |
|
|
|
46 |
|
| $ |
693.60 |
|
|
|
1,887 |
|
|
|
0.1 |
|
|
|
1,887 |
|
| $ |
1,089.60 |
|
|
|
694 |
|
|
|
1.7 |
|
|
|
563 |
|
| |
|
|
|
|
2,804 |
|
|
|
0.8 |
|
|
|
2,636 |
|
|