Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v3.10.0.1
Warrants (Tables)
9 Months Ended
Sep. 30, 2018
Warrants And Rights Note Disclosure [Abstract]  
Summary of Warrant Activity

A summary of warrant activity for the year ended December 31, 2017 and the nine months ended September 30, 2018 is as follows:

 

 

 

Warrants

 

 

Weighted

Average

Price

 

Balance - December 31, 2016

 

 

17,559

 

 

$

1.50

 

Granted

 

 

2,177,425

 

 

 

3.10

 

Exercised

 

 

 

 

 

 

Expired

 

 

(17,559

)

 

 

1.50

 

Balance - December 31, 2017

 

 

2,177,425

 

 

 

3.10

 

Granted

 

 

14,700,000

 

 

 

1.06

 

Exercised

 

 

 

 

 

 

Expired

 

 

 

 

 

 

Balance - September 30, 2018

 

 

16,877,425

 

 

$

1.32

 

 

Summary of Warrants Outstanding

The warrants outstanding as of September 30, 2018 are as follows:

 

 

 

Exercise Price

 

 

Warrants

Outstanding

 

 

Expiration

Date

 

 

$

3.10

 

 

 

48,387

 

 

9/19/2022

 

 

$

3.10

 

 

 

462,106

 

 

5/10/2024

 

 

$

3.10

 

 

 

602,414

 

 

7/25/2024

 

 

$

3.10

 

 

 

1,064,518

 

 

11/8/2024

 

 

$

2.00

 

 

 

900,000

 

 

4/10/2023

 

 

$

1.00

 

 

 

13,800,000

 

 

7/17/2025

 

 

 

 

 

 

 

16,877,425