Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.7.0.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Stock-based Compensation Tables  
Schedule of Stock Option Activity

The following is a summary of the stock option activity for the six months ended June 30, 2017:


 

 

Shares

 

 

Weighted

Average

Exercise

Price

 

Outstanding, December 31, 2016

 

 

1,136,753

 

 

$

3.93

 

Granted

 

 

1,526,500

 

 

$

0.84

 

Forfeited

 

 

(143,253

)

 

$

2.10

 

Outstanding, June 30, 2017

 

 

2,520,000

 

 

$

2.16

 

Schedule of Stock Option Valuation Assumptions


Dividend yield

 

 

0.0

%

Expected volatility

 

 

76.62

%

Risk-free interest rate

 

 

2.20

%

Expected lives (years)

 

 

6.25

 

Schedule of Options Outstanding, Vested and Exercisable

The following table summarizes information about stock options outstanding at June 30, 2017:


Options Outstanding

 

 

Options Vested and Exercisable

 

Balance

as of

6/30/2017

 

 

Weighted

Average

Remaining

Contractual

Life

(Years)

 

 

Weighted

Average

Exercise

Price

 

 

Balance

as of

6/30/2017

 

 

Weighted

Average

Remaining

Contractual

Life

(Years)

 

 

Weighted

Average

Exercise

Price

 

2,520,000

 

 

8.6

 

 

$2.16

 

 

882,308

 

 

7.1

 

 

$4.12