Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v3.20.1
Stockholders' Equity
3 Months Ended
Dec. 31, 2019
Stockholders' Equity  
Stockholders' Equity

3. Stockholders’ Equity

Preferred Stock

The Company is authorized to issue 10.0 million shares of preferred stock, par value $0.0001 as of December 31, 2019 and September 30, 2019.  No shares of preferred stock were issued or are outstanding as of December 31, 2019 and September 30, 2019.

Common Stock

The Company has authorized 250.0 million shares of common stock, $0.0001 par value as of December 31, 2019 and September 30, 2019. The Company did not issue common stock during the three months ended December 31, 2019.

Warrants

Below is a summary of the Company’s issued and outstanding warrants as of December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

Weighted

 

Average

 

 

 

 

Average

 

Remaining

 

 

 

 

Exercise

 

Contractual Life

 

    

Warrants

    

Price

    

(in years)

Outstanding as of September 30, 2019

 

728,439

 

$

20.99

 

  

Expired

 

(12,500)

 

 

20.00

 

  

Outstanding as of December 31, 2019

 

715,939

 

$

21.01

 

2.27