Quarterly report pursuant to Section 13 or 15(d)

Capitalization and Equity Structure (Tables)

v3.8.0.1
Capitalization and Equity Structure (Tables)
 9 Months Ended
Sep. 30, 2017
Schedule of Warrant share activity
Warrant shares outstanding as of December 31, 2016 and September 30, 2017 were as follows:
  
 
 
Exercise
 
Term
 
December 31,
 
 
 
 
 
 
 
September 30,
 
Source
 
Price
 
(Years)
 
2016
 
Issued
 
Repurchased(1)
 
Expired
 
2017
 
Information Agent Warrants
 
$
1.50
 
 
3
 
 
-
 
 
200
 
 
-
 
 
-
 
 
200
 
April 2017 Warrants
 
$
4.10
 
 
5
 
 
-
 
 
1,866
 
 
(1,866)
 
 
-
 
 
-
 
2015 Warrants
 
$
3.74
 
 
5
 
 
1,634
 
 
-
 
 
-
 
 
-
 
 
1,634
 
2014 PPO and Merger
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Placement agent warrants
 
$
7.00
 
 
5
 
 
426
 
 
-
 
 
-
 
 
-
 
 
426
 
Bridge warrants
 
$
7.00
 
 
3
 
 
371
 
 
-
 
 
-
 
 
(371)
 
 
-
 
PPO warrants
 
$
14.00
 
 
5
 
 
1,078
 
 
-
 
 
-
 
 
-
 
 
1,078
 
Pre-2014 warrants
 
$
9.66
 
 
9-10
 
 
88
 
 
-
 
 
-
 
 
-
 
 
88
 
 
 
 
 
 
 
 
 
 
3,597
 
 
2,066
 
 
(1,866)
 
 
(371)
 
 
3,426
 
 
(1)
April 2017 Warrants were repurchased at a price of $1.23 per underlying share, as a result of the Rights Offering.
Warrant [Member]  
Schedule of assumption used in valuation
Current share price
 
$
1.21
 
Conversion price
 
$
3.74
 
Risk-free interest rate
 
 
1.66
%
Term (years)
 
 
3.25
 
Volatility of stock
 
 
95
%