| Summary of Warrants Issued And Outstanding |
Below
is a table summarizing the warrants issued and outstanding as of September 30, 2016, which have a weighted average exercise price
of $2.36 per share and a weighted average remaining contractual life of 2.11 years.
Date
Issued
|
|
Number
Outstanding
|
|
|
Exercise
Price ($)
|
|
|
Contractual
Life (Years)
|
|
|
Expiration
Date
|
|
Proceeds to Company if
Exercised ($)
|
|
| 05/11/12 |
|
|
341,458 |
|
|
|
2.60 |
|
|
|
5.0 |
|
|
05/10/17 |
|
|
887,791
|
|
| 03/20/13 |
|
|
150,000 |
|
|
|
2.47 |
|
|
3.0 to
6.5 |
|
|
03/20/16 to 12/20/19 |
|
|
370,500
|
|
| 06/10/13 |
|
|
29,750 |
|
|
|
2.00 |
|
|
|
5.0 |
|
|
06/10/18 |
|
|
59,500
|
|
| 08/07/13 |
|
|
45,000 |
|
|
|
2.40 |
|
|
|
3.0 |
|
|
08/07/17 |
|
|
108,000
|
|
| 11/25/13 |
|
|
456,063 |
|
|
|
2.40 |
|
|
|
5.0 |
|
|
11/25/18 |
|
|
1,094,551
|
|
| 12/31/13 |
|
|
64,392 |
|
|
|
2.40 |
|
|
|
5.0 |
|
|
12/31/18 |
|
|
154,541
|
|
| 01/28/14 |
|
|
2,000 |
|
|
|
2.40 |
|
|
|
3.0 |
|
|
01/28/17 |
|
|
4,800
|
|
| 02/26/14 |
|
|
980,975 |
|
|
|
2.20 |
|
|
|
5.0 |
|
|
02/26/19 |
|
|
2,158,145
|
|
| 09/05/14 |
|
|
10,000 |
|
|
|
2.40 |
|
|
|
3.0 |
|
|
09/05/17 |
|
|
24,000
|
|
| 09/26/14 |
|
|
24,000 |
|
|
|
3.00 |
|
|
|
3.0 |
|
|
09/26/17 |
|
|
72,000
|
|
| 11/17/14 |
|
|
19,000 |
|
|
|
3.75 |
|
|
|
3.0 |
|
|
11/17/17 |
|
|
71,250 |
|
| |
|
|
2,122,638 |
|
|
|
|
|
|
|
|
|
|
|
|
$ |
5,005,078 |
|
|
| Summary of options issued and outstanding |
Below
is a table summarizing the options issued and outstanding as of September 30, 2016, all of which were issued pursuant to the 2011
Equity Incentive Plan (for option issuances prior to 2016) or the 2015 Stock Incentive Plan (for option issuances commencing in
2016) and which have a weighted average exercise price of $3.71 per share and a weighted average remaining contractual life of
3.47 years.
Date
Issued
|
|
Number
Outstanding
|
|
|
Exercise
Price ($)
|
|
|
Contractual
Life (Years)
|
|
|
Expiration
Date
|
|
Proceeds to Company if
Exercised ($)
|
|
| 11/25/11 |
|
|
505,000 |
|
|
3.00-5.00 |
|
|
5.0-7.0 |
|
|
05/25/16-11/25/18 |
|
|
2,121,000
|
|
| 09/01/12 |
|
|
20,000 |
|
|
5.31-6.31 |
|
|
4.5-6.0 |
|
|
03/01/17-09/01/18 |
|
|
116,200
|
|
| 03/20/13 |
|
|
37,000 |
|
|
2.35-4.35 |
|
|
4.5-7.0 |
|
|
09/20/17-03/20/20 |
|
|
123,950
|
|
| 09/02/13 |
|
|
16,300 |
|
|
2.35-4.35 |
|
|
4.5-7.0 |
|
|
03/02/18-09/02/20 |
|
|
54,605
|
|
| 05/16/14 |
|
|
25,000 |
|
|
3.00-5.00 |
|
|
3.5-6.0 |
|
|
11/16/17-05/16/20 |
|
|
100,000
|
|
| 08/18/14 |
|
|
645,000 |
|
|
2.50 and
3.00 |
|
|
4.5 and
5.5 |
|
|
02/18/19 and 02/18/20 |
|
|
1,773,750
|
|
| 05/18/15 |
|
|
20,000 |
|
|
|
3.80 |
|
|
|
4.5 |
|
|
11/18/19 |
|
|
76,000
|
|
| 07/23/15 |
|
|
317,000 |
|
|
|
4.00 |
|
|
|
4.5 |
|
|
01/23/20 |
|
|
1,268,000
|
|
| 08/17/15 |
|
|
75,000 |
|
|
|
3.75 |
|
|
|
5.0 |
|
|
08/17/20 |
|
|
281,250
|
|
| 04/15/16 |
|
|
775,000 |
|
|
|
4.00 |
|
|
|
6.0 |
|
|
04/15/22 |
|
|
3,100,000
|
|
| 06/23/16 |
|
|
15,000 |
|
|
|
4.00 |
|
|
|
6.0 |
|
|
06/23/22 |
|
|
60,000
|
|
| 09/13/16 |
|
|
25,000 |
|
|
|
4.65 |
|
|
|
6.0 |
|
|
09/13/22 |
|
|
116,250 |
|
| |
|
|
2,475,300 |
|
|
|
|
|
|
|
|
|
|
|
|
$ |
9,191,005 |
|
|