Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.4.0.3
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2016
STOCKHOLDERS' EQUITY  
Status of outstanding stock warrants

 

 

 

Number of
Warrants

 

Weighted
Average Exercise
Price

 

Weighted
Average
Remaining Life

Balance at December 31, 2015

 

2,021,308

 

  $

4.27

 

0.87

Granted

 

-    

 

 

-    

 

-    

Cancelled

 

-    

 

-    

 

-    

Forfeited

 

-    

 

-    

 

-    

Exercised

 

-    

 

  $

-    

 

-    

 

 

 

 

 

 

 

 

Balance at March 31, 2016

 

2,021,308

 

4.27

 

0.63

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants exercisable at March 31, 2016

 

2,021,308

 

 

 

 

Weighted average fair value of warrants granted during the period

 

 

 

  $

-    

 

 

 

 

 

 

 

 

 

 

 

Summary of stock options

 

 

 

Number of
Options

 

Weighted
Average Exercise
Price

 

Weighted
Average
Remaining Life

Balance at December 31, 2015

 

3,383,267 

 

  $

4.25 

 

7.11

Granted

 

-    

 

  $

-    

 

-    

Cancelled

 

-    

 

  $

-    

 

-    

Forfeited

 

44,167 

 

  $

6.45 

 

6.31

Exercised

 

-    

 

  $

-    

 

-    

 

 

 

 

 

 

 

 

Balance at March 31, 2016

 

3,339,100 

 

  $

4.22 

 

6.93

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Exercisable at March 31, 2016

 

2,122,560 

 

 

 

 

Options expected to vest

 

1,216,541 

 

 

 

 

Weighted average fair value of options granted during the period

 

 

 

  $

-