Marathon Digital Holdings Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2018

Summary of Company's Outstanding Stock Warrants and Changes During the Period

A summary of the status of the Company’s outstanding stock warrants and changes during year ended is as follows:

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2017		773,966		$	5.99		4.1
Expired		(1,202	)		15.60		-
Exercised		(44,000	)		1.20		-
Outstanding as of December 31, 2018		728,764		$	6.26		3.1
Warrants exercisable as of December 31, 2018		728,764		$	6.26		3.1

A summary of the status of the Company’s outstanding stock warrants and changes during year ended is as follows:

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2016		116,519		$	15.18		3.2
Granted		7,941,374			1.70		5.0
Expired		(37,177	)		15.60		-
Exercised		(7,246,750	)		1.38		-
Outstanding as of December 31, 2017		773,966		$	5.99		4.1
Warrants exercisable as of December 31, 2017		773,966		$	5.99		4.1

Summary of Stock Options and Changes During the Period

A summary of the stock options as of December 31, 2018 and changes during the period are presented below:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2017		448,771		$	15.50		6.23
Granted		5,450,000		$	0.58		9.78
Expired		(32,692	)		10.71		-
Outstanding as of December 31, 2018		5,866,079		$	1.67		9.49
Options vested and expected to vest as of December 31, 2018		5,866,079		$	1.67		9.49
Options vested and exercisable as of December 31, 2018		3,132,051		$	2.58		9.25

A summary of the stock options as of December 31, 2017 and changes during the period are presented below:

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in years)
Outstanding as of December 31, 2016		879,034		$	14.34		6.79
Forfeited		(430,263	)		13.13		-
Outstanding as of December 31, 2017		448,771		$	15.50		6.23
Options vested and expected to vest as of December 31, 2017		448,771		$	15.50		6.23
Options vested and exercisable as of December 31, 2017		433,667		$	15.53		6.16

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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