Tonix Pharmaceuticals Holding Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Details Narrative)

STOCK-BASED COMPENSATION (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands						1 Months Ended				3 Months Ended		9 Months Ended
	May 27, 2016	May 11, 2016	Feb. 09, 2016	Feb. 25, 2015	Jun. 09, 2014	Jul. 31, 2016	Feb. 29, 2016	Jan. 31, 2016	Apr. 30, 2012	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Jun. 09, 2016	Dec. 31, 2015	Feb. 12, 2013
Number of option granted												698,000
Number of shares outstanding										2,289,621		2,289,621			1,656,643
Exercise price (in dollars per share)												$ 4.67
Stock-based compensation expense												$ 2,367	$ 3,384
Exercisable period												7 years 4 months 2 days
Three Stock Option [Member]
Number of unvested options forfeited												14,309
Exercise prices of forfeited shares (in dollars per share)												$ 5.95
Number of unvested option forfeited												3,800
Exercise prices of forfeited unvested options (in dollars per share)												$ 5.95
Restricted Stock Units [Member]
Number of shares granted other than option												112,500
Number of shares vested other than option												42,000
Stock-based compensation expense										$ 86	$ 66	$ 230	153
Number of unvested options forfeited
Unrecognized compensation cost other than option										200		$ 200
Unrecognized weighted average period												7 months
Stock Option [Member]
Stock-based compensation expense										700	$ 800	$ 2,100	3,100
Unrecognized compensation cost										$ 2,900		$ 2,900
Unrecognized weighted average period												1 year 5 months 16 days
First Stock Option [Member]
Number of unvested options forfeited												1,600
Exercise prices of forfeited shares (in dollars per share)												$ 9.87
Number of unvested option forfeited												39,800
Exercise prices of forfeited unvested options (in dollars per share)												$ 9.87
Second Stock Option [Member]
Number of unvested options forfeited												6,613
Exercise prices of forfeited shares (in dollars per share)												$ 6.68
Number of unvested option forfeited												39,800
Exercise prices of forfeited unvested options (in dollars per share)												$ 6.68
Four Stock Option [Member]
Number of unvested options forfeited												42,500
Exercise prices of forfeited shares (in dollars per share)												$ 5.03
2012 Incentive Stock Option Plan [Member]
Number of shares authorized									200,000
Description of terms of exercise price									The exercise price of an incentive stock option may not be less than 110% of fair value of the common stock at the date of the grant for a 10% or more shareholder and 100% of fair value for a grantee who is not a 10% shareholder.
Vesting period									5 years
Expiration period									10 years
Number of shares reserved for future issuance									200,000
Description of award vesting rights									Stock options granted pursuant to the Plans vest 1/3rd 12 months from the date of grant and 1/36th each month thereafter for 24 months and expire ten years from the date of grant.
Amended & Restated 2012 Incentive Stock Option Plan [Member]
Number of shares authorized																550,000
Number of shares reserved for future issuance																550,000
2014 Incentive Stock Option Plan [Member]
Number of shares authorized					1,800,000
Description of terms of exercise price					The exercise price of an incentive stock option may not be less than 110% of fair value of the common stock at the date of the grant for a 10% or more shareholder and 100% of fair value for a grantee who is not a 10% shareholder.
Vesting period					5 years
Expiration period					10 years
Number of shares reserved for future issuance					1,800,000
Maximum number of shares issued pursuant to stock-settled awards					200,000
Description of award vesting rights					Stock options granted pursuant to the Plans vest 1/3rd 12 months from the date of grant and 1/36th each month thereafter for 24 months and expire ten years from the date of grant.
2014 Incentive Stock Option Plan [Member] \| Restricted Stock Units [Member] \| Non-Employees Directors [Member]
Vesting period			1 year				1 year
Number of shares granted other than option			56,250				42,000
Weighted average grant date fair value other than option (in dollars per share)			$ 3.81				$ 6.24
Number of shares vested other than option							42,000
2014 Incentive Stock Option Plan [Member] \| Stock Option [Member] \| Employees [Member]
Number of option granted			403,000
Number of additional option granted			200,000
Exercise price (in dollars per share)			$ 5.03
Expiration period			10 years
Weighted average grant date fair value of an option (in dollars per share)			$ 2.49
Average fair value (in dollars per share)			$ 0.17
Description of award vesting rights			Vesting 1/3 each upon the Company’s common stock having an average closing sale price equal to or exceeding each of $6.00, $7.00 and $8.00 per share for 20 consecutive trading days, subject to a one year minimum service period prior to vesting.
Exercisable period			10 years
2014 Incentive Stock Option Plan [Member] \| Stock Option [Member] \| Employees and Directors [Member]
Number of option granted				419,500
Number of shares outstanding										408,533		408,533
Exercise price (in dollars per share)				$ 5.95
Expiration period				10 years
Weighted average grant date fair value of an option (in dollars per share)				$ 4.69
2014 Incentive Stock Option Plan [Member] \| Stock Option [Member] \| Consultants [Member]
Number of option granted				30,000
Number of shares outstanding										30,000		30,000
Exercise price (in dollars per share)				$ 5.95
Expiration period				10 years
Weighted average grant date fair value of an option (in dollars per share)				$ 4.69								$ 0.29
2014 Incentive Stock Option Plan [Member] \| Stock Option [Member] \| Mr. Seth Lederman [Member]
Number of option granted				7,143
Exercise price (in dollars per share)				$ 5.95
Expiration period				10 years
Weighted average grant date fair value of an option (in dollars per share)				$ 4.43
2016 Incentive Stock Option Plan [Member]
Number of shares authorized		2,785,000
Description of terms of exercise price		The exercise price of an incentive stock option may not be less than 110% of fair value of the common stock at the date of the grant for a 10% or more shareholder and 100% of fair value for a grantee who is not a 10% shareholder.
Vesting period		5 years
Expiration period		10 years
Number of shares reserved for future issuance		2,785,000								1,968,096		1,968,096
Maximum number of shares issued pursuant to stock-settled awards		750,000
Description of stock-settled awards		The calculation shall be based on one share for every one share that was subject to an option or SAR and 1.25 shares for every one share that was subject to an award other than an option or SAR.
Description of award vesting rights		Stock options granted pursuant to the Plans vest 1/3rd 12 months from the date of grant and 1/36th each month thereafter for 24 months and expire ten years from the date of grant.
2016 Incentive Stock Option Plan [Member] \| Restricted Stock Units [Member] \| Non-Employees Directors [Member]
Vesting period	1 year
Number of shares granted other than option	56,250
Weighted average grant date fair value other than option (in dollars per share)	$ 2.29
2016 Incentive Stock Option Plan [Member] \| Stock Option [Member] \| Employees [Member]
Number of option granted	35,000
Number of additional option granted	60,000
Exercise price (in dollars per share)	$ 2.42
Expiration period	10 years
Weighted average grant date fair value of an option (in dollars per share)	$ 1.47
Average fair value (in dollars per share)	$ 0.08
Description of award vesting rights	Vesting 1/3 each upon the Company’s common stock having an average closing sale price equal to or exceeding each of $6.00, $7.00 and $8.00 per share for 20 consecutive trading days, subject to a one year minimum service period prior to vesting.
Exercisable period	10 years
2014 Employee Stock Purchase Plan [Member]
Number of shares authorized														300,000
Number of shares reserved for future issuance										219,450		219,450
Stock-based compensation expense												$ 69	$ 98
Employee payroll deductions										$ 11		$ 11
Number of shares issued under ESPP						30,956		17,595