STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2018

Stockholders' Equity Note [Abstract]

Schedule of stockholders' equity, including warrants and rights

The following represents a summary of the warrants outstanding as of December 31, 2018:


			Underlying	Exercise
	Issue Year	Expiration	Shares	Price
Warrants Assumed in Merger
(1)	2014	April 2020	12,487	$	120.00
(2)	2015	February 2020	23,826	$	67.20
(3)	2015	December 2020	4,081	$	49.80
(4)	2016	January 2021	8,952	$	36.30

Warrants
(5)	2017	June 2022	38,100	$	2.75
(5)	2017	June 2022	7,500	$	0.50
(6)	2017	June 2022	91,429	$	7.00
(7)	2017	August 2022	480,000	$	0.15
(8)	2017	August 2022	60,000	$	3.125
(9)	2017	August 2022	719,929	$	10.00
(9)	2017	August 2022	136,517	$	0.50
(10)	2017	August 2022	249,972	$	0.15
(10)	2017	August 2022	110,027	$	0.15
(11)	2017	October 2022	10,000	$	0.15
(12)	2017	May 2023	375,557	$	0.15
(13)	2018	October 2022	108,112	$	7.50
(14)	2018	April 2019	1,824,176	$	0.50
(14)	2018	April 2023	1,824,176	$	0.50
(15)	2018	October 2022	232,000	$	0.75
(16)	2018	July 2019	382,526	$	0.50
(16)	2018	July 2023	382,526	$	0.50
(16)	2018	August 2019	545,000	$	0.50
(16)	2018	August 2023	545,000	$	0.50
(16)	2018	September 2019	545,002	$	0.50
(16)	2018	September 2023	545,001	$	0.50
(17)	2018	November 2023	2,084,126	$	0.36
(17)	2018	December 2023	2,417,586	$	0.36
			13,763,608

(1)

These warrants were issued in connection with a private placement which was completed in October 2014.

(2)

These warrants were issued in connection with an offering which was completed in February 2015.

(3)

These warrants were issued in connection with an offering which was completed in July 2015.

(4)

These warrants were issued in connection with an offering which was completed in January 2016. Of the remaining outstanding warrants as of December 31, 2018, 5,368 warrants are recorded as liability, See Note 12 – Fair Value for further discussion, and 3,584 warrants are treated as equity.

(5)

These warrants were issued in connection with the Merger and are the 2017 New Bridge Warrants.

(6)

These warrants were issued in connection with the Merger and are considered the Side Warrants.

(7)

These warrants were issued in connection with the August 2017 Offering and are the August 2017 Offering Warrants discussed below.

(8)

These warrants were issued in connection with the August 2017 Offering and are the Representative Warrants discussed below.

(9)

These warrants were issued in connection with the conversion of our Series A Senior stock, at the time of the closing of the August 2017 Offering, and are the Series A Conversion Warrants discussed below.

(10)

These warrants were issued in connection with the conversion of convertible bridge notes, at the time of the closing of the August 2017 Offering, and are the Note Conversion Warrants discussed below.

(11)

These warrants were issued in connection with a waiver of default the Company received in the fourth quarter of 2017 in connection with the Convertible Promissory Notes and are the Convertible Promissory Note Warrants discussed below.

(12)

These warrants were issued in connection with the Series C Preferred Offering and are the Series C Warrants discussed below.

(13)

These warrants were issued in connection with the Debt Obligation settlement agreements and are the Creditor Warrants discussed below.

(14)

These warrants were issued in connection with the 2018 Note Agreement and are the April 2018 Warrants discussed below.

(15)

These warrants were issued in connection with the 2018 Note Agreement and are the Advisor Warrants discussed below.

(16)

These warrants were issued in connection with the 2018 Note Agreement and are the Q3 2018 Warrants discussed below.

(17)

These warrants were issued in connection with the 2018 Note Agreement, and subsequent Amendment Agreement, and are the Q4 2018 Warrants discussed below.

Summary of dividends recorded

The following represents a summary of the dividends recorded for the year ended December 31, 2018 and 2017:


		Amount Recorded
Deemed Dividends		(in thousands)

Dividends resulting from the 2018 Purchase Agreement
Deemed Dividend A	$	1,358
Deemed Dividend E		829
Deemed Dividend G		62
Deemed Dividend J		8
Deemed Dividend N		*
Deemed Dividend R		58

Dividends resulting from the 2018 Inducement Agreement
Deemed Dividend B		40
Deemed Dividend F		1,154
Deemed Dividend K		5
Deemed Dividend O		*

Dividends resulting from the 2018 Note Agreement
Deemed Dividend C		216
Deemed Dividend H		63
Deemed Dividend L		10
Deemed Dividend P		*
Deemed Dividend S		45

Dividends resulting from the Amendment Agreement
Deemed Dividend D		361
Deemed Dividend I		5
Deemed Dividend M		4
Deemed Dividend Q		*
Deemed Dividend T		4

Total 2018 Deemed Dividends	$	4,222


Dividends resulting from the Series A Senior stock issuance
Deemed Dividend i	$	5,248

Dividends resulting from the August 2017 Offering
Deemed Dividend ii		1,367
Deemed Dividend iii		2,385
Deemed Dividend vi		12

Dividends resulting from the Series C Preferred Offering
Deemed Dividend iv		1,968
Deemed Dividend v		1,211
Deemed Dividend vii		211
Deemed Dividend viii		28
Deemed Dividend ix		1

Total 2017 Deemed Dividends	$	12,431

* Represents less than one thousand dollars

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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