Quarterly report [Sections 13 or 15(d)]

Stockholders??? Equity

v3.25.1
Stockholders’ Equity
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Stockholders’ Equity

 

6. Stockholders’ Equity

 

Warrants

 

The Company had warrants to purchase approximately 462,963 shares of the Company’s common stock (the “Series A Warrants”) outstanding as of December 31, 2024. The Series A Warrants were immediately exercisable at a price of $33.00 per share of common stock. No Series A Warrants were exercised or forfeited during the three months ended March 31, 2025 and 2024. These warrants expired in February 2025 and, as a result, no Series A Warrants were outstanding as of March 31, 2025.

 

The Company also has warrants to purchase approximately 800 shares of the Company’s common stock outstanding as of both March 31, 2025 and December 31, 2024. These warrants have an exercise price of $29.09 per share of common stock and expire on July 3, 2026. None of these warrants were exercised or forfeited during the three months ended March 31, 2025 and 2024.