The following table summarizes information about warrants outstanding as of December 31, 2013 and 2012:
|
Warrants |
Fair Value of Warrants |
Outstanding at December 31, |
||||||||
|
Grant Date |
Issued |
Exercise Price |
Issued |
2013 |
2012 |
|||||
|
Throughout 2009 |
|
5,589 |
|
$14.67 to $19.61 |
|
22 |
|
- |
|
713 |
|
Throughout 2010 |
|
51,627 |
|
$20.64 to $27.41 |
|
351 |
|
9,199 |
|
35,446 |
|
Throughout 2011 |
|
9,324 |
|
$27.53 to $33.14 |
|
79 |
|
9,324 |
|
9,324 |
|
Throughout 2012 |
|
71,978 |
|
$30.52 to $33.03 |
|
628 |
|
71,978 |
|
71,978 |
|
|
|
|
|
|
|
|
|
90,501 |
|
117,461 |