XML 41 R20.htm IDEA: XBRL DOCUMENT v3.6.0.2
Common Stock Warrants
 12 Months Ended
Dec. 31, 2016
Text Block [Abstract]  
Common Stock Warrants

14. Common Stock Warrants

The following is a description of the common stock warrant activity of the Company:

 

(in thousands, except per share amounts)

 

Warrants

for the

Purchase of

Common Stock

 

 

Weighted

Average

Exercise

Price

 

Balance at December 31, 2013

 

 

2,777

 

 

$

3.05

 

Exercised

 

 

(396

)

 

$

3.38

 

Balance at December 31, 2014

 

 

2,381

 

 

$

3.00

 

Exercised

 

 

(2,355

)

 

$

3.00

 

Cancelled

 

 

(26

)

 

$

3.00

 

Balance at December 31, 2015

 

 

—

 

 

$

—

 

 

During the year ended December 31, 2014, warrants to purchase approximately 75,000 shares of common stock were cashless exercised and 38,000 shares of common stock were issued. During the year ended December 31, 2015, warrants to purchase approximately 2,295,000 shares of common stock were cashless exercised and 1,695,000 shares of common stock were issued. As of December 31, 2015, all remaining unexercised warrants for the purchase of common stock had expired and were cancelled.