| Schedule of Warrants Outstanding |
As of September 30, 2018 and December 31, 2017, the
Company had warrants outstanding as shown in the table below.
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September 30,
2018 |
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December 31,
2017 |
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Note Warrants
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692,858 |
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3,315,878 |
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PIPE Warrants
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— |
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2,364,066 |
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2017 Warrants
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15,996,450 |
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16,000,000 |
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2016 Warrants
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14,000,000 |
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14,000,000 |
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Representative’s Warrant
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206,410 |
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206,410 |
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Placement Agent Warrants
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189,126 |
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189,126 |
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Other warrants (1)
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180,338 |
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194,623 |
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Warrants to purchase common stock
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31,265,182 |
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36,270,103 |
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Weighted-average exercise price per share
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$ |
2.31 |
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$ |
2.74 |
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| (1) |
Other warrants are comprised of warrants issued prior
to the Company’s IPO, generally in exchange for services
rendered to the Company.
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The following table summarizes information regarding the
Company’s warrants outstanding at September 30,
2018:
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Exercise Prices
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Shares
Underlying
Outstanding
Warrants |
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Expiration Date
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£ $2.00
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16,002,164 |
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September 1, 2021 – July
25, 2022 |
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$2.01 - $4.99
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14,983,085 |
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October 28, 2018
– July 27, 2021 |
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³ $5.00
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279,933 |
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July 22, 2019 –
January 5, 2022 |
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31,265,182 |
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