Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.7.0.1
STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2017
STOCKHOLDERS' EQUITY  
Summary of the Company's outstanding stock warrants and changes during the period

 

 

Number of
Warrants

 

Weighted
Average Exercise
Price

 

Weighted
Average
Remaining Life

Balance at December 31, 2016

 

466,078

 

  $

3.79

 

3.25

Granted

 

4,265,495

 

 

1.22

 

5.11

Cancelled

 

-    

 

 

-    

 

-    

Forfeited

 

-    

 

 

-    

 

-    

Exercised

 

-    

 

 

-    

 

-    

 

 

 

 

 

 

 

 

Balance at June 30, 2017

 

4,731,573

 

  $

1.48

 

4.88

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrants exercisable at June 30, 2017

 

466,078

 

 

 

 

Weighted average fair value of warrants granted during the period

 

 

 

  $

0.11

 

 

 

Summary of stock options and changes during the period

 

 

Number of
Options

 

Weighted
Average Exercise
Price

 

Weighted
Average
Remaining Life

Balance at December 31, 2016

 

3,526,136

 

  $

4.46

 

6.80

Granted

 

-    

 

 

-    

 

-    

Cancelled

 

-    

 

 

-    

 

-    

Forfeited

 

790,732

 

 

4.18

 

-    

Exercised

 

-    

 

 

-    

 

-    

 

 

 

 

 

 

 

 

Balance at June 30, 2017

 

2,725,404

 

  $

4.26

 

6.19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options Exercisable at June 30, 2017

 

2,326,238

 

  $

4.39

 

5.77

Options expected to vest

 

399,166

 

  $

3.88

 

8.66

Weighted average fair value of options granted during the period

 

 

 

  $

-