Annual report pursuant to Section 13 and 15(d)

STOCK WARRANTS (Tables)

v3.7.0.1
STOCK WARRANTS (Tables)
12 Months Ended
Dec. 31, 2016
Stock Warrants  
Schedule of warrants to purchase common stock

The following table summarizes information with respect to outstanding warrants to purchase common stock of the Company, all of which were vested and exercisable, at December 31, 2016: 

 

Exercise     Number     Expiration  
Price     Outstanding     Date  
$ 6.30       546,250       October 2021  
$ 6.90       47,361       October 2021  
$ 42.50       91,898       August 2018  
$ 120.00       45,601       December 2017 to February 2018  
$ 250.00       35,423       January 2017 to February 2019  
          766,533          
Schedule of assumptions used in valuation of warrants

The assumptions used in the valuation of warrants issued to Dawson were as follows:

 

Risk-free interest rate     1.30 %
Life of warrant      5 years  
Expected stock price volatility     78.04 %
Expected dividend yield   $ 0.0