Annual report pursuant to Section 13 and 15(d)

Warrant Liability (Tables)

v3.22.0.1
Warrant Liability (Tables)
12 Months Ended
Dec. 31, 2021
Warrant Liability (Tables)  
Schedule of Warrant Liabilities

 

 

Sep-2018

 

 

Aug-2020

 

 

Feb-2021

 

 

 

 

Warrant Liability Activity

 

Warrants

 

 

Warrants

 

 

Warrants

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

1,050

 

 

 

-

 

 

 

-

 

 

 

1,050

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants issued

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Mark to market revaluation loss (gain)

 

 

(524 )

 

 

-

 

 

 

-

 

 

 

(524 )

Effects for foreign exchange rate changes

 

 

49

 

 

 

-

 

 

 

-

 

 

 

49

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

575

 

 

 

-

 

 

 

-

 

 

 

575

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants issued

 

 

-

 

 

 

860

 

 

 

-

 

 

 

860

 

Mark to market revaluation loss (gain)

 

 

161

 

 

 

519

 

 

 

-

 

 

 

680

 

Effects for foreign exchange rate changes

 

 

(7 )

 

 

36

 

 

 

-

 

 

 

29

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

729

 

 

 

1,415

 

 

 

-

 

 

 

2,144

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants issued

 

 

-

 

 

 

-

 

 

 

2,604

 

 

 

2,604

 

Warrants exercised

 

 

(3,961 )

 

 

(388 )

 

 

(97 )

 

 

(4,446 )

Mark to market revaluation loss (gain)

 

 

3,227

 

 

 

1,020

 

 

 

1,751

 

 

 

5,998

 

Effects for foreign exchange rate changes

 

 

5

 

 

 

(20 )

 

 

(22 )

 

 

(37 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

-

 

 

 

2,027

 

 

 

4,236

 

 

 

6,263

 

 

 

Aug-2020

 

 

Feb-2021

 

 

 

 

Warrant Liability Duration

 

Warrants

 

 

Warrants

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

Current portion of warrant liability

 

 

2,027

 

 

 

-

 

 

 

2,027

 

Warrant liability

 

 

-

 

 

 

4,236

 

 

 

4,236

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

2,027

 

 

 

4,236

 

 

 

6,263

 

Schedule of fair value of warrant

 

 

Aug-2020

 

 

Feb-2021

 

Black-Scholes Assumptions at December 31, 2021

 

Warrants

 

 

Warrants

 

 

 

 

 

 

 

 

Expected forfeiture rate

 

 

0.0 %

 

 

0.0 %
Expected life (years)

 

 

0.6

 

 

 

2.1

 

Expected volatility

 

 

74.0 %

 

 

80.1 %
Risk free rate

 

 

0.9 %

 

 

1.0 %
Expected dividend rate

 

 

0.0 %

 

 

0.0 %
Exercise price

 

$ 0.75

 

 

$ 1.35

 

Market price

 

$ 1.22

 

 

$ 1.22