Quarterly report [Sections 13 or 15(d)]

STOCKHOLDERS??? EQUITY (Tables)

v3.25.1
STOCKHOLDERS’ EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Warrant Activity
The following is a summary of warrant activity during the three months ended March 31, 2025:
Number of
shares
Weighted
average exercise
price
Weighted
average
remaining life (years)
Aggregate
intrinsic value
(in thousands)
Outstanding and exercisable - December 31, 2024
5,152,397  $ 4.71  2.34 $ 708 
Issued 674,638  2.13  —  — 
Exercised —  —  —  — 
Expired —  —  —  — 
Outstanding and exercisable – March 31, 2025
5,827,035  $ 4.42  2.42 $ 225