Quarterly report pursuant to Section 13 or 15(d)

Capitalization and Equity Structure (Tables)

v3.7.0.1
Capitalization and Equity Structure (Tables)
 6 Months Ended
Jun. 30, 2017
Schedule of Warrant share activity
Warrant shares outstanding as of December 31, 2016, and June 30, 2017 were as follows:
 
Source
 
Exercise 
Price
 
Term 
(Years)
 
December 31, 
2016
 
Issued
 
Exercised
 
Expired
 
June 30, 
2017
 
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
 
 
1,866
 
 
-
 
 
(371)
 
 
5,092
 
Warrant [Member]  
Schedule of assumption used in valuation
 
Current share price
 
$
2.32
 
Conversion price
 
$
3.74 - 4.10
 
Risk-free interest rate
 
 
1.63% - 1.92%
 
Term (years)
 
 
3.50 - 5.27
 
Volatility of stock
 
 
75%