Virios Therapeutics, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Share-based compensation - Underwriters Warrants (Details)

v3.23.3

Share-based compensation - Underwriters Warrants (Details) - USD ($)			3 Months Ended		9 Months Ended	12 Months Ended
	Mar. 18, 2023	Dec. 21, 2021	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Sep. 19, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants to purchase shares		172,500					500,000	500,000
Warrants exercise price		$ 12.50					$ 0.625	$ 0.625
Percentage of warrants exercisable	100.00%	100.00%
Representative warrants exercised					478,625
Stock issued on exercise of warrants					285,674
Shares surrendered in cashless warrant exercises (in shares)					192,951
Stock repurchase in cashless warrant exercises			$ 6,874	$ 292,255	$ 299,129
Treasury stock			$ 299,110		$ 299,110
Number of Shares
Warrants outstanding at the beginning of the period					672,500
Exercised					(478,625)
Warrants outstanding at the end of the period			193,875		193,875	672,500
Exercisable at June 30, 2023					193,875
Weighted Average Exercise Price
Outstanding at the beginning of the period					$ 3.67
Outstanding at the end of the period			$ 11.19		11.19	$ 3.67
Exercisable at June 30, 2023					$ 11.19
Remaining term					2 years 4 months 28 days	4 years 3 months 7 days
Exercisable contractual term					2 years 4 months 28 days
Intrinsic value of warrants outstanding			$ 6,408		$ 6,408
Treasury Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase in cashless warrant exercises			6,874	$ 292,236
Warrants
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Unrecognized compensation expense			$ 0		$ 0

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