Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

v3.8.0.1
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Stock Option Activity

The following table summarizes the Company’s stock option activity for the nine months ended September 30, 2017:

 

    Number of
options
    Weighted-
average
exercise
price
    Weighted-
average
contractual
term (Yrs.)
 
Outstanding at December 31, 2016     47,268     $ 1,941.45       8.93  
Granted     -       -          
Expired     -       -          
Forfeit     (8,790 )     -          
Exercised     -       -          
Outstanding at September 30, 2017     38,478     $ 2,072.75       8.68  
Exercisable at September 30, 2017     31,811     $ 2,445.84          

Schedule of Warrant Issued Activity

The following summarizes the information related to warrants issued and the activity during the nine months ended September 30, 2017:

 

    Number of
warrants
    Weighted
average
exercise price
 
Balance at December 31, 2016     93,843     $ 175.50  
Warrants issued during the period     17,900,999     $ 4.58  
Warrants exchanged/exercised during period     (6,500 )        
Warrants expired during the period     -          
Balance at September 30, 2017     17,988,342     $ 5.40  

Schedule of Anti-Dilutive

As of September 30, 2017 and 2016, the following potential common stock equivalents were excluded from the calculation of diluted loss per share as their effect was anti-dilutive:

 

    As of September 30,  
    2017     2016  
Warrants     17,988,342       78,102  
Convertible preferred stock     71,147       47,463  
Convertible debt     4,353,898       3,911  
Stock options     38,478       49,331  
      22,451,865       178,807