Quarterly report pursuant to Section 13 or 15(d)

Convertible Preferred Stock and Stockholders' Equity (Tables)

v3.20.2
Convertible Preferred Stock and Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Convertible Preferred Stock and Stockholders' Equity  
Schedule of series A Preferred Stock and liquidation preferences

The authorized, issued and outstanding shares of Series A Preferred Stock and liquidation preferences as of September 30, 2020, were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number

 

Proceeds

 

 

 

 

 

 

 

 

Number

 

of Shares

 

Net of

 

Conversion

 

 

 

 

 

of Shares

 

Issued and

 

Issuance

 

Price per

 

Liquidation

 

    

Authorized

    

Outstanding

    

Costs

    

Share

    

Preference

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Series A 8 % Senior Convertible Preferred Stock

 

1,250,000

 

250,000

 

$

920,000

 

$

80.00

 

$

1,116,000

 

Summary of activity related to restricted stock awards

A summary of activity related to restricted stock awards for the nine months ended September 30, 2020 is presented below:

 

 

 

 

 

 

 

    

 

    

Weighted-Average 

Stock Awards

 

Shares

 

Grant Date Fair Value

Non-vested as of January 1, 2020

 

47,146

 

$

19.56

Granted

 

102,669

 

$

2.41

Vested

 

(48,096)

 

$

18.48

Forfeited

 

(3,050)

 

$

19.00

Non-vested as of September 30, 2020

 

98,669

 

$

2.26

 

Schedule of Information regarding warrants for common stock outstanding and exercisable

Information regarding warrants for common stock outstanding and exercisable as of September 30, 2020 is as follows:

 

 

 

 

 

 

 

 

 

Warrants

 

 

 

Warrants

Exercise

 

Outstanding as of

 

Remaining

 

Exercisable as of

Price

    

September 30, 2020

    

Life (years)

    

September 30, 2020

 $2.32 - $3.90

 

6,861,779

 

5.09

 

6,761,779

 $6.40 - $9.80

 

78,423

 

4.41

 

78,423

 $15.80 - $17.50

 

93,562

 

2.01

 

89,812

 $24.80 - $99.00

 

230,571

 

1.25

 

230,571

 $108 - $207.00

 

72,864

 

1.85

 

72,864

$5.86

 

7,337,199

 

4.80

 

7,233,449