Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v3.7.0.1
Warrants (Tables)
6 Months Ended
Jun. 30, 2017
Warrants [Abstract]  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
At June 30, 2017, the following warrants were outstanding:  
 
 
 
Number of
Awards
 
 
Weighted
Average
Exercise
Price
 
 
Weighted
Average
Remaining
Term in Years
 
Outstanding at December 31, 2016
 
 
2,852,736
 
 
$
7.45
 
 
 
4.26
 
Issued
 
 
6,666,667
1
 
 
1.50
2
 
 
4.96
 
Outstanding at June 30, 2017
 
 
9,519,403
 
 
$
3.28
 
 
 
4.75
 
 
1
Consists of 6,666,667 warrants to purchase 6,666,667 shares of Common Stock issued in connection with the Company’s public offering on June 14, 2017.
2
Warrant exercise price for a full share of Common Stock.