Quarterly report pursuant to Section 13 or 15(d)

Stock Options, Warrants and Restricted Common Stock (Tables)

v3.21.1
Stock Options, Warrants and Restricted Common Stock (Tables)
3 Months Ended
Mar. 31, 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 three months ended March 31, 2021 is presented here:

Number of Shares

Weighted Average

Grant-Date

Fair Value

Unvested at January 1, 2021

633,305

$

1.27

Vested

(125,624

)

$

5.24

Granted

86,440

$

37.15

Unvested at March 31, 2021

594,121

$

5.62

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 three months ended March 31, 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

-

$

-

Outstanding and exercisable at March 31, 2021

388,878

$

40.00

0.2

$

5,160