Quarterly report pursuant to Section 13 or 15(d)

Stock Warrants

v2.4.1.9
Stock Warrants
3 Months Ended
Mar. 31, 2015
Text Block [Abstract]  
Stock Warrants

9. Stock Warrants

As of March 31, 2015 and December 31, 2014, the Company had warrants outstanding as shown in the table below.

 

     March 31,
2015
     December 31,
2014
 

Warrants to purchase common stock

     14,577,261         14,577,361   

Weighted-average exercise price per share

   $ 4.32       $ 4.32   

The following table summarizes information regarding the Company’s warrants outstanding at March 31, 2015:

 

Exercise Prices

   Shares
Underlying
Outstanding
Warrants
    

Expiry Date

£ $3.50

     3,656,086       August 31, 2016 – September 1, 2021

$4.00

     3,440,066       October 31, 2015

$4.80

     6,880,333       January 31, 2017

$5.00 - $9.99

     412,434       August 6, 2015 – June 27, 2021

³ $10.00

     188,342       August 31, 2016 – January 5, 2022
  

 

 

    
  14,577,261