| | Security Type | | Security Class Title | | Fee Calculation or Carry Forward Rule | | Amount Registered | | Proposed Maximum Offering Price Per Unit | | Maximum Aggregate Offering Price | | Fee Rate | | Amount of Registration Fee | | Carry Forward Form Type | | Carry Forward File Number | | Carry Forward Initial Effective Date | | Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward |
(1) | There are being registered hereunder such indeterminate number or amount, as the case may be, of shares of common stock, preferred stock, debt securities, and warrants to be sold by the Registrant from time to time at indeterminate prices, which together shall have a maximum aggregate offering price not to exceed $30,368,647.94. Any securities registered hereunder may be sold separately or in combination with the other securities registered hereunder. This registration statement also covers an indeterminate number or amount, as the case may be, of securities that may be issued in exchange for, or upon conversion or exercise of, as the case may be, the securities registered hereunder, including under any applicable anti-dilution provisions. If any debt securities are issued at an original issue discount, then the principal amount of such debt securities shall be in such greater amount as shall result in an aggregate initial offering price not to exceed $30,368,647.94, less the aggregate dollar amount of all securities previously issued hereunder. |
(4) | The Registrant previously filed a registration statement on Form S-3 (File No. 333-260267), initially filed by the Registrant with the Securities and Exchange Commission on October 15, 2021 and declared effective on October 25, 2021 (the “Prior Registration Statement”), registering an aggregate of $55,047,990.59 of an indeterminate number of securities to be offered by the Registrant from time to time. The Registrant did not owe a filing fee after giving effect to a fee offset for the $55,047,990.59 of securities registered on the Prior Registration Statement. On July 12, 2022, the Registrant entered into that certain purchase agreement, dated as of July 12, 2022 (the “Purchase Agreement”) to issue (i) shares of common stock having an aggregate gross sales value of up to $11,000,000 and (ii) an additional 685,529 shares of common stock issued as commitment shares (the “Commitment Shares”) under the Purchase Agreement (the “ELOC Program”). To date, the Registrant has sold shares of common stock having an aggregate gross sales price of $3,361,474 under the ELOC Program. The value of the Commitment Shares issued under the Purchase Agreement is $332,710.56, which is estimated solely for the purposes of computing the registration fee in accordance with Rule 457(c) under the Securities Act, based upon $7.28, the average of the high and low prices of the Registrant’s common stock as quoted on the Nasdaq Capital Market on July 5, 2022 (a date within five business days prior to the filing of the prospectus supplement to which the offering relates). On February 22, 2024, the Registrant sold 817,748 shares of common stock at a price of $1.465 per share for an aggregate gross sales price of $1,198,000.82. In connection therewith, $50,155,805.21 of the securities registered on the Prior Registration Statement remain unsold, leaving $4,649.44 in previously paid fees available to use in connection with carrying forward the unsold securities from the Prior Registration Statement (calculated at the fee rate in effect on the filing date of the Prior Registration Statement). Accordingly, no registration fee is due to be paid at this time for the registration of the securities offered hereby. Concurrently with the effectiveness of this registration statement, any offering of unsold securities pursuant to the Prior Registration Statement is hereby terminated. |