Marathon Digital Holdings Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2016

A summary of the status of the Company’s outstanding stock warrants at June 30, 2016 is as follows:

	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	1,310,790	$	3.44	-
Forfeited	-	-		-
Exercised	-	$	-	-

Balance at June 30, 2016	710,518	5.80		1.28


Warrants exercisable at June 30, 2016	710,518
Weighted average fair value of warrants granted during the period		$	-

Summary of stock options

A summary of the stock options as of June 30, 2016 is as follows:

	Number of Options	Weighted Average Exercise Price		Weighted Average Remaining Life
Balance at December 31, 2015	3,383,267	$	4.25	7.11
Granted	550,000	$	1.74	9.87
Cancelled	57,500	$	5.92	-
Forfeited	190,950	$	6.06	-
Exercised	-	$	-	-

Balance at June 30, 2016	3,684,817	$	3.50	7.11


Options Exercisable at June 30, 2016	2,434,251
Options expected to vest	1,250,566
Weighted average fair value of options granted during the period		$	0.79

- 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.

+ References + Details