Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.3.0.814
STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2015
Stockholders Equity Tables  
Status of outstanding stock warrants

 

 

Number of
Warrants

 

Weighted
Average Exercise
Price

 

Weighted
Average
Remaining Life

Balance at December 31, 2014

 

1,926,308

 

  $

4.10

 

0.80

Granted

 

100,000

 

  $

7.44

 

4.33

Cancelled

 

-    

 

-    

 

-    

Forfeited

 

-    

 

-    

 

-    

Exercised

 

5,000

 

  $

3.75

 

-    

 

 

 

 

 

 

 

 

Balance at September 30, 2015

 

2,021,308

 

4.27

 

0.98

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants exercisable at Septmeber 30, 2015

 

2,021,308

 

 

 

 

Weighted average fair value of warrants granted during the period

 

 

 

  $

3.19

 

 

 

 

 

 

 

 

 

 

 

Summary of stock options

 

 

Number of
Options

 

Weighted
Average Exercise
Price

 

Weighted
Average
Remaining Life

Balance at December 31, 2014

 

3,017,690

 

  $

4.64

 

7.77

Granted

 

425,000

 

  $

5.89

 

8.83

Cancelled

 

-     

 

  $

-     

 

-     

Forfeited

 

462,330

 

  $

5.53

 

-     

Exercised

 

33,968

 

  $

3.25

 

-     

 

 

 

 

 

 

 

 

Balance at September 30, 2015

 

2,946,392

 

  $

4.63

 

6.95

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Exercisable at September 30, 2015

 

1,745,664

 

 

 

 

Options expected to vest

 

1,200,728

 

 

 

 

Weighted average fair value of options granted during the period

 

 

 

  $

2.09