Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS??? EQUITY (Tables)

v3.23.3
STOCKHOLDERS’ EQUITY (Tables)
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
SUMMARY OF WARRANTS ACTIVITY

A summary of warrant activity during the nine months ended September 30, 2023 is presented below:

 

   

Number of

Warrants

    

Weighted

Average

Exercise

Price

    

Weighted

Average

Remaining

Life in Years

    

Intrinsic

Value

  
                         
Outstanding, January 1, 2023     129,914     $ 57.70                  
Issued     385,485       4.92                  
Exercised     (13,473 )     33.58                  
Expired     (45,459 )     38.20                  
Canceled     -       -                  
Repriced [1]     (337,710 )   $ 13.40                  
Repriced [1]     337,710     $ 4.50                            
Outstanding, September 30, 2023     456,467     $ 12.56       2.0     $ -  
                                 
Exercisable, September 30, 2023     456,467     $ 12.56       2.0     $ -  

 

  [1] On August 11, the Company adjusted the exercise price of the 2023 Note Warrant from $13.40 to $4.50 per share. See Note 10, Convertible Debt Obligations.
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE

A summary of outstanding and exercisable warrants as of September 30, 2023 is presented below:

  

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       2.4       355,710  
$ 10.00     Common Stock     40,406       1.3       40,406  
$ 60.00     Common Stock     60,223       0.2       60,223  
$ 900.00     Common Stock     128       2.4       128  
        Total     456,467       2.0       456,467  
SCHEDULE OF RESTRICTED STOCK UNITS AND WEIGHTED AVERAGE GRANT DATE FAIR VALUES

A summary of RSU activity during the nine months ended September 30, 2023 is presented below:

 

            Weighted Average  
      Number of     Grant Date Value  
      RSUs     Per Share  
RSUs non-vested January 1, 2023       51,150     $ 11.60  
Granted       1,000       12.40  
Vested       (389 )     12.40  
Forfeited       (133 )     11.60  
RSUs non-vested September 30, 2023       51,628     $ 11.61  
SCHEDULE OF STOCK OPTION ACTIVITY

No stock options were granted during the nine months ended September 30, 2023 or the nine months ended September 30, 2022. The following table presents information related to GGH stock options outstanding as of September 30, 2023:

 

          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, September 30, 2023     2,804       741.67       1.1     $ -  
                                 
Exercisable, September 30, 2023     2,594     $ 732.20       1.0     $      -