Quarterly report pursuant to Section 13 or 15(d)

Warrant Liability (Tables)

v3.21.2
Warrant Liability (Tables)
9 Months Ended
Sep. 30, 2021
Warrant Liability  
Schedule of Warrant Liabilities

 

 

Sep-2018

 

 

Aug-2020

 

 

Feb-2021

 

 

 

 Warrant Liability Activity

 

 Warrants

 

 

 Warrants

 

 

 Warrants

 

 

 Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

729

 

 

 

1,415

 

 

 

-

 

 

 

2,144

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants issued

 

 

-

 

 

 

-

 

 

 

2,604

 

 

 

2,604

 

Warrants exercised

 

 

(3,961 )

 

 

(190 )

 

 

(26 )

 

 

(4,177 )

Mark to market revaluation loss (gain)

 

 

3,227

 

 

 

2,992

 

 

 

5,165

 

 

 

11,384

 

Effects for foreign exchange rate changes

 

 

5

 

 

 

(42 )

 

 

(66 )

 

 

(103 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

 

-

 

 

 

4,175

 

 

 

7,677

 

 

 

11,852

 

 

 

Aug-2020

 

 

Feb-2021

 

 

 

 

 Warrant Liability Duration

 

 Warrants

 

 

 Warrants

 

 

 Total

 

 

 

 

 

 

 

 

 

 

 

Current portion of warrant liability

 

 

4,175

 

 

 

-

 

 

 

4,175

 

Warrant liability

 

 

 

 

 

 

7,677

 

 

 

7,677

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

 

4,175

 

 

 

7,677

 

 

 

11,852

 

Schedule of fair value of warrant

 

 

Aug-2020

 

 

Feb-2021

 

Black-Scholes Assumptions at September 30, 2021

 

Warrants

 

 

Warrants

 

 

 

 

 

 

 

 

Expected forfeiture rate

 

 

0.0 %

 

 

0.0 %

Expected life (years)

 

 

0.8

 

 

 

2.3

 

Expected volatility

 

 

86.8 %

 

 

80.0 %

Risk free rate

 

 

0.5 %

 

 

0.6 %

Expected dividend rate

 

 

0.0 %

 

 

0.0 %

Exercise price

 

$ 0.75

 

 

$ 1.35

 

Market price

 

$ 1.72

 

 

$ 1.72