TELKONET INC | 2013 | FY | 3


The following table summarizes the changes in warrants outstanding and the related exercise prices for the warrants issued to non-employees of the Company.

 

      Warrants Outstanding           Warrants Exercisable  
Exercise Prices    

Number

Outstanding

   

Weighted Average

Remaining

Contractual Life

(Years)

   

Weighted Average

Exercise Price

   

Number

Exercisable

   

Weighted Average

Exercise Price

 
$ 0.13       7,230,778       2.11     $ 0.13       7,230,778     $ 0.13  
  0.33       1,628,800       0.88       0.33       1,628,800       0.33  
  3.00       500,336       1.61       3.00       500,336       3.00  
          9,359,914       1.87     $ 0.32       9,359,914     $ 0.32  

  

Transactions involving warrants are summarized as follows:

 

    Number of
Shares
    Weighted Average
Exercise Price
 
Outstanding at January 1, 2012     14,921,920     $ 0.50  
Issued            
Exercised     (3,115,390 )     0.13  
Canceled or expired     (976,114 )     2.20  
Outstanding at December 31, 2012     10,830,416     $ 0.45  
Issued            
Exercised     (86,472 )     0.13  
Canceled or expired     (1,384,030 )     1.36  
Outstanding at December 31, 2013     9,359,914     $ 0.32  

us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock