The Company’s activity related to warrants to purchase shares of common stock of the Company is noted in the table below.
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Warrants to Purchase Common Stock |
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Weighted Average |
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Expiration |
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Warrants issued in 2003 |
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2,163 |
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$ |
2.89 |
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(1) |
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Warrants issued in 2003 |
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2,163 |
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8.67 |
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(1) |
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Warrants issued in 2004 |
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117,642 |
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2.89 |
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(2) |
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Warrants issued in 2004 |
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19,609 |
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2.89 |
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(1) |
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Warrants issued in 2004 |
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117,640 |
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8.67 |
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(2) |
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Warrants issued in 2005 |
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138,461 |
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7.22 |
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(2) |
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Warrants issued in 2006 |
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86,538 |
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9.82 |
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(3) |
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Warrants issued in 2006 |
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20,481 |
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9.82 |
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(3) |
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Warrants exercised in 2007 |
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(51,922 |
) |
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7.22 |
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Warrants issued in 2008 |
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108,169 |
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10.40 |
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(2) |
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Warrants issued in 2010 |
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865,381 |
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10.40 |
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1/25/2015 |
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Warrants expired in 2010 |
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(86,539 |
) |
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7.22 |
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Warrants expired in 2011 |
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(107,019 |
) |
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9.82 |
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Warrants issued and outstanding as of December 31, 2011 |
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1,232,767 |
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9.38 |
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Warrants exercised in 2012 |
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(70,802 |
) |
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8.59 |
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Warrants issued and outstanding as of December 31, 2012 |
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1,161,965 |
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$ |
9.43 |
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Warrants exercised in 2013 |
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(287,709 |
) |
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6.62 |
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Warrants expired in 2013 |
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(8,875 |
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5.77 |
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Warrants issued and outstanding as of December 31, 2013 |
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865,381 |
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$ |
10.40 |
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________________________
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1. |
All exercised. |
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2. |
All exercised or expired. |
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3. |
All expired. |