Summary of the stock option activity |
|
|
Options Outstanding |
|
|
Weighted Average Exercise Price |
|
Outstanding as of December 31, 2015 |
|
|
374,800 |
|
|
$ |
4.88 |
|
Granted |
|
|
- |
|
|
|
- |
|
Forfeited |
|
|
20 |
|
|
$ |
67.5 |
|
Exercised |
|
|
- |
|
|
|
- |
|
Outstanding as of September 30, 2016 |
|
|
374,780 |
|
|
$ |
4.88 |
|
|
|
|
Number
of Options |
|
|
Weighted
Average Exercise Price |
|
Outstanding,
December 31, 2013 |
|
|
117,110 |
|
|
$ |
15.00 |
|
Granted |
|
|
321,833 |
|
|
|
5.00 |
|
Exercised |
|
|
- |
|
|
|
|
|
Expired |
|
|
(112,903 |
) |
|
|
22.50 |
|
Outstanding,
December 31, 2014 |
|
|
326,040 |
|
|
$ |
15.00 |
|
Granted |
|
|
52,000 |
|
|
|
3.29 |
|
Exercised |
|
|
- |
|
|
|
|
|
Expired |
|
|
(3,240 |
) |
|
|
61.00 |
|
Outstanding,
December 31, 2015 |
|
|
374,800 |
|
|
$ |
4.88 |
|
|
|
|
|
|
|
|
|
|
Exercisable
Options: |
|
|
|
|
|
|
|
|
December
31, 2014 |
|
|
111,485 |
|
|
$ |
15.00 |
|
December
31, 2015 |
|
|
270,762 |
|
|
$ |
4.88 |
|
|
Summary of the warrant activity |
|
|
Warrants Outstanding |
|
|
Weighted Average Exercise Price |
|
Outstanding as of December 31, 2015 |
|
|
12,525,721 |
|
|
$ |
1.25 |
|
Granted |
|
|
5,101,500 |
|
|
|
0.45 |
|
Forfeited |
|
|
(339,932 |
) |
|
|
1.25 |
|
Exercised |
|
|
(12,610,183 |
) |
|
|
1.25 |
|
Outstanding as of September 30, 2016 |
|
|
4,677,106 |
|
|
$ |
0.45 |
|
|
|
|
Number
of Warrants |
|
|
Weighted
Average Exercise Price |
|
Outstanding,
December 31, 2013: |
|
|
2,364,183 |
|
|
$ |
5.00 |
|
Granted |
|
|
1,325,155 |
|
|
|
3.25 |
|
Forfeited |
|
|
(1,037,240 |
) |
|
|
2.50 |
|
Exercised |
|
|
- |
|
|
|
|
|
Outstanding
at December 31, 2014: |
|
|
2,652,098 |
|
|
$ |
2.50 |
|
Granted |
|
|
9,874,823 |
|
|
|
1.25 |
|
Forfeited |
|
|
(1,200 |
) |
|
|
30.00 |
|
Exercised |
|
|
- |
|
|
|
|
|
Outstanding
at December 31, 2015 |
|
|
12,525,721 |
|
|
$ |
1.25 |
|
|
|
|
|
|
|
|
|
|
Exercisable
warrants: |
|
|
|
|
|
|
|
|
December
31, 2014 |
|
|
2,652,098 |
|
|
$ |
2.50 |
|
December
31, 2015 |
|
|
12,525,721 |
|
|
$ |
1.25 |
|
|