Quarterly report pursuant to Section 13 or 15(d)

WARRANTS (Tables)

v3.21.2
WARRANTS (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Schedule of Warrant Activity
A summary of the Legacy PCT Class B warrant activity for nine months ended September 30, 2020 is as follows (in thousands except per share data):
Number of warrants Weighted average exercise price Weighted average grant date fair value Weighted average remaining contractual term (years)
Outstanding at December 31, 2019 211 $ 1.00  $ 30.63  4.29
Granted —  —  —  — 
Exercised —  —  —  — 
Outstanding at September 30, 2020 211 $ 1.00  $ 30.63  3.54
Exercisable 211
A summary of the Class B-1 warrant activity for the nine months ended September 30, 2021 and 2020 is as follows (in thousands except per share data):
Number of warrants Weighted average exercise price Weighted average grant date fair value Weighted average remaining contractual term (years)
Outstanding at December 31, 2019 5 $ 37.61  $ 15.52  4.56
Granted 0
Exercised 0
Outstanding at September 30, 2020 5 $ 37.61  $ 15.52  3.81
Outstanding at December 31, 2020
5 $ 37.61  $ 15.52  3.56
Granted 0
Exercised 0
Cancelled $ (5) $ 37.61  $ 15.52  3.56
Outstanding at September 30, 2021
$ —  $ — 
Exercisable
A summary of the RTI warrant activity for the nine months ended September 30, 2021 and 2020 is as follows (in thousands, except per share data, as adjusted to show the effect of the reverse recapitalization as described in Note 1):
Number of warrants Weighted average exercise price Weighted average grant date fair value Weighted average remaining contractual term (years)
Outstanding at December 31, 2019 971  $ 5.56  $ 0.03  5
Granted —  —  —  — 
Exercised —  —  —  — 
Outstanding at September 30, 2020 971  $ 5.56  $ 0.03  4.25
Exercisable 971 
Number of warrants Weighted average exercise price Weighted average grant date fair value Weighted average remaining contractual term (years)
Outstanding at December 31, 2020 971  $ 5.56  $ 0.03  4
Granted —  —  —  — 
Exercised —  —  —  — 
Outstanding at September 30, 2021 971  $ 5.56  $ 0.03  3.25
Exercisable 971