Note 8 – Underwritten Public Offering

In August 2020, the Company completed an underwritten public offering of the Company's securities (the "Public Offering") pursuant to which the Company sold 12,300,000 shares of its common stock and warrants to purchase 10,608,750 shares of common stock for proceeds of $13,655,531, net of commissions and professional fees of $1,368,919. The warrants issued in the Public Offering were immediately exercisable and have a term of five years and a per share exercise price of $1.44.