Annual report pursuant to Section 13 and 15(d)

Warrants to Purchase Common Stock (Tables)

v2.4.1.9
Warrants to Purchase Common Stock (Tables)
12 Months Ended
Dec. 31, 2014
Warrants and Rights Note Disclosure [Abstract]  
Schedule of warrant activity

 

    Shares     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (Years)  
Outstanding at December 31, 2012     150,835     $ 1.97         -  
Granted     -     $ -       -  
Exercised     -     -       -  
Canceled/forfeited/expired     (279 )   $ 1.16       4.09  
Outstanding at December 31, 2013     150,556     $ 1.97         -  
Granted     -     $ -       -  
Exercised     -     $ -       -  
Canceled/forfeited/expired     (555   10.50        -  
Outstanding at December 31, 2014     150,001     $ 1.92       0.99  
Expected to vest at December 31, 2014     150,001     $ 1.92       0.99  
Warrants exercisable     149,306     $ 1.92       0.99  

  

Warrants with Price Protection

 

    Shares     Weighted Average Exercise Price     Weighted Average Remaining Contractual Term (Years)  
Outstanding at December 31, 2012     140,372     $ 1.20       1.50  
Granted     5,187,587     $ 1.20       4.37  
Exercised     (32,054     -       -  
Canceled/forfeited/expired     -       -       -  
Outstanding at December 31, 2013     5,295,905     $ 1.20       4.39  
Granted     1,723,935     $ 1.20       4.20  
Exercised     -     $ -       -  
Canceled/forfeited/expired     -     $ -       -  
Outstanding at December 31, 2014     7,019,840     $ 1.20       3.18