Quarterly report pursuant to Section 13 or 15(d)

Warrant Liabilities (Tables)

v3.21.1
Warrant Liabilities (Tables)
3 Months Ended
Mar. 31, 2021
Warrant Liabilities  
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

 

 

-

 

 

 

(190 )

 

 

-

 

 

 

(190 )

Mark to market revaluation loss (gain)

 

 

1,228

 

 

 

926

 

 

 

1,250

 

 

 

3,404

 

Effects for foreign exchange rate changes

 

 

22

 

 

 

24

 

 

 

66

 

 

 

112

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2021

 

 

1,979

 

 

 

2,175

 

 

 

3,920

 

 

 

8,074

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sep-2018

 

 

Aug-2020

 

 

Feb-2021

 

 

 

 

 

Warrant Liability Duration

 

Warrants

 

 

Warrants

 

 

Warrants

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current portion of warrant liability

 

 

1,979

 

 

 

-

 

 

 

-

 

 

 

1,979

 

Warrant liability

 

 

-

 

 

 

2,175

 

 

 

3,920

 

 

 

6,095

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2021

 

 

1,979

 

 

 

2,175

 

 

 

3,920

 

 

 

8,074

 

Schedule of fair value of warrant

 

 

Sep-2018

 

 

Aug-2020

 

 

Feb-2021

 

Black-Scholes Assumptions at March 31, 2021

 

Warrants

 

 

Warrants

 

 

Warrants

 

 

 

 

 

 

 

 

 

 

 

Expected forfeiture rate

 

 

0.0 %

 

 

0.0 %

 

 

0.0 %

Expected life (years)

 

 

0.5

 

 

 

1.3

 

 

 

2.8

 

Expected volatility

 

 

93.7 %

 

 

83.7 %

 

 

73.4 %

Risk free rate

 

 

0.2 %

 

 

0.2 %

 

 

0.4 %

Expected dividend rate

 

 

0.0 %

 

 

0.0 %

 

 

0.0 %

Exercise price

 

$ 1.00

 

 

$ 0.75

 

 

$ 1.35

 

Market price

 

$ 1.10

 

 

$ 1.10

 

 

$ 1.10