0001144204-18-044570.txt : 20180814 0001144204-18-044570.hdr.sgml : 20180814 20180814144520 ACCESSION NUMBER: 0001144204-18-044570 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 47 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180814 DATE AS OF CHANGE: 20180814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EYENOVIA, INC. CENTRAL INDEX KEY: 0001682639 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 471178401 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38365 FILM NUMBER: 181016488 BUSINESS ADDRESS: STREET 1: 8748 TECHNOLOGY WAY CITY: RENO STATE: NV ZIP: 89521 BUSINESS PHONE: 813-766-9539 MAIL ADDRESS: STREET 1: 8748 TECHNOLOGY WAY CITY: RENO STATE: NV ZIP: 89521 10-Q 1 tv500003_10q.htm FORM 10-Q

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 

 

FORM 10-Q

 

 

xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended: June 30, 2018

 

OR

 

¨TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from __________ to __________

 

COMMISSION FILE NUMBER: 001-38365

 

 

EYENOVIA, INC.
(Exact name of Registrant as Specified in Its Charter)

 

 

DELAWARE   47-1178401
(State or Other Jurisdiction of
Incorporation or Organization)
  (I.R.S. Employer
Identification No.)
     
501 FIFTH AVENUE, SUITE 1404
NEW YORK, NY
 

 

10017

(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (917) 289-1117

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes x No ¨

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer ¨ Accelerated filer ¨
   
Non-accelerated filer ¨ (Do not check if a smaller reporting company) Smaller reporting company x

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any news or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ¨ No x

 

The number of outstanding shares of the registrant’s common stock was 9,998,646 as of August 10, 2018.

 

 

 

 

 

 

EYENOVIA, INC.

 

FORM 10-Q

 

FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2018

 

TABLE OF CONTENTS

 

PART I - FINANCIAL INFORMATION  
   
Item 1. Financial Statements. 2
   
Condensed Balance Sheets as of June 30, 2018 (Unaudited) and December 31, 2017. 2
   
Unaudited Condensed Statements of Operations for the Three and Six Months Ended June 30, 2018 and 2017. 3
   
Unaudited Condensed Statements of Cash Flows for the Six Months Ended June 30, 2018 and 2017. 4
   
Notes to Unaudited Condensed Financial Statements. 5
   
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. 12
   
Item 3. Quantitative and Qualitative Disclosures About Market Risk. 16
   
Item 4. Controls and Procedures. 16
   
PART II - OTHER INFORMATION  
   
Item 1. Legal Proceedings. 17
   
Item 1A. Risk Factors. 17
   
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 17
   
Item 3. Defaults Upon Senior Securities. 17
   
Item 4. Mine Safety Disclosures. 17
   
Item 5. Other Information. 17
   
Item 6. Exhibits. 18
   
SIGNATURES 19

  

 1 

 

  

PART I – FINANCIAL INFORMATION

 

Item 1. Financial Statements.

 

EYENOVIA, INC.

 

Condensed Balance Sheets

 

   June 30,   December 31, 
   2018   2017 
   (unaudited)     
         
Assets          
           
Current Assets:          
Cash  $24,561,711   $5,249,511 
Prepaid expenses and other current assets   243,457    37,149 
           
Total Current Assets   24,805,168    5,286,660 
           
Property and equipment, net   16,477    27,960 
Deferred offering costs   -    328,700 
           
Total Assets  $24,821,645   $5,643,320 
           
Liabilities and Stockholders’ Equity          
           
Current Liabilities:          
Accounts payable  $723,006   $246,384 
Accrued expenses and other current liabilities   556,745    306,263 
           
Total Current Liabilities   1,279,751    552,647 
           
Commitments and contingencies (Note 5)          
           
Stockholders’ Equity:          
Preferred stock, $0.0001 par value, 6,000,000 shares authorized;          
Series A Convertible Preferred Stock, 0 and 20,000,000 shares designated as of June 30, 2018 and December 31, 2017, respectively, 0 and 2,932,431 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively   -    293 
Series A-2 Convertible Preferred Stock, 0 and 5,714,286 shares designated as of June 30, 2018 and December 31, 2017, respectively, 0 and 788,827 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively   -    79 
Series B Convertible Preferred Stock, 0 and 10,000,000 shares designated as of June 30, 2018 and December 31, 2017, respectively, 0 and 918,983 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively   -    92 
Common stock, $0.0001 par value, 90,000,000 shares authorized; 9,998,646 and 2,566,530 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively   1,000    257 
Additional paid-in capital   49,550,750    24,351,138 
Accumulated deficit   (26,009,856)   (19,261,186)
           
Total Stockholders’ Equity   23,541,894    5,090,673 
           
Total Liabilities and Stockholders’ Equity  $24,821,645   $5,643,320 

 

The accompanying notes are an integral part of these condensed financial statements.

 

 2 

 

 

EYENOVIA, INC.

 

Condensed Statements of Operations

(unaudited)

 

   For the Three Months Ended   For the Six Months Ended 
   June 30,   June 30, 
   2018   2017   2018   2017 
                 
Operating Expenses:                    
Research and development  $2,412,164   $751,930   $4,506,259   $1,662,771 
General and administrative   908,806    224,949    2,246,455    420,900 
                     
Total Operating Expenses   3,320,970    976,879    6,752,714    2,083,671 
                     
Loss From Operations   (3,320,970)   (976,879)   (6,752,714)   (2,083,671)
                     
Other Income:                    
Interest income   1,907    288    4,044    731 
                     
Net Loss  $(3,319,063)  $(976,591)  $(6,748,670)  $(2,082,940)
                     
Net Loss Per Share                    
- Basic and Diluted  $(0.33)  $(0.43)  $(0.77)  $(0.92)
                     
Weighted Average Number of                    
Common Shares Outstanding                    
- Basic and Diluted   9,998,646    2,266,667    8,807,864    2,266,667 

 

The accompanying notes are an integral part of these condensed financial statements.

 

 3 

 

 

EYENOVIA, INC.

 

Condensed Statements of Cash Flows

(unaudited)

 

   For the Six Months Ended 
   June 30, 
   2018   2017 
         
Cash Flows From Operating Activities          
Net loss  $(6,748,670)  $(2,082,940)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization   11,483    13,148 
Stock-based compensation   652,088    6,390 
Changes in operating assets and liabilities:          
Prepaid expenses and other current assets   (206,308)   (15,777)
Accounts payable   476,622    228,669 
Accrued expenses and other current liabilities   383,482    (62,762)
           
Net Cash Used In Operating Activities   (5,431,303)   (1,913,272)
           
Cash Flows From Investing Activities          
Purchases of property and equipment   -    (10,234)
           
Net Cash Used In Investing Activities   -    (10,234)
           
Cash Flows From Financing Activities          
Proceeds from sale of common stock in initial public offering [1]   25,089,000    - 
Payment of initial public offering issuance costs   (345,497)   - 
           
Net Cash Provided By Financing Activities   24,743,503    - 
           
Net Increase (Decrease) in Cash   19,312,200    (1,923,506)
           
Cash - Beginning of Period   5,249,511    3,387,288 
           
Cash - End of Period  $24,561,711   $1,463,782 
           
[1] Includes gross proceeds of $27,300,000, less issuance costs of $2,211,000 deducted directly from the offering proceeds. 
           
Supplemental Disclosure of Non-Cash Financing Activities          
Conversion of convertible preferred stock into common stock  $464   $- 
Reversal of previously accrued initial public offering issuance costs  $(133,000)  $- 
Reduction of additional paid-in capital for initial public offering issuance costs that were previously paid  $(195,700)  $- 

 

The accompanying notes are an integral part of these condensed financial statements.

 

 4 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 1 – Business Organization, Nature of Operations and Basis of Presentation

 

Eyenovia. Inc. (“Eyenovia” or the “Company”) is a clinical stage biopharmaceutical company developing a pipeline of ophthalmology products utilizing its patented piezo-print technology to deliver micro-doses (6–8 µL) of active pharmaceutical ingredients (or “micro-therapeutics”) topically to the eye. This disruptive micro-dosing technology has the potential to replace traditional macro-dosing applications (e.g. conventional eye droppers) that routinely overdose or under-dose the topical administration of ophthalmic therapeutics.

 

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the condensed financial statements of the Company as of June 30, 2018 and for the three and six months ended June 30, 2018 and 2017. The results of operations for the three and six months ended June 30, 2018 are not necessarily indicative of the operating results for the full year ending December 31, 2018 or any other period. These unaudited condensed financial statements should be read in conjunction with the audited financial statements and related disclosures of the Company as of December 31, 2017 and for the year then ended, which were filed with the Securities and Exchange Commission (“SEC”) on Form 10-K on April 2, 2018.

 

Effective January 8, 2018, pursuant to authority granted by the stockholders of the Company, the Company implemented a 1-for-3.75 reverse split of the Company’s issued and outstanding common stock and preferred stock (the “Reverse Split”). The number of authorized shares was unchanged as a result of the Reverse Split. All share and per share information has been retroactively adjusted to reflect the Reverse Split for all periods presented, unless otherwise indicated.

 

Note 2 – Summary of Significant Accounting Policies

 

The Company’s significant accounting policies are disclosed in Note 2 – Summary of Significant Accounting Policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. Since the date of the Annual Report, there have been no material changes to the Company’s significant accounting policies, except as disclosed below.

 

Liquidity and Financial Condition

 

The Company has not yet generated revenues or achieved profitability and expects to continue to incur cash outflows from operations. It is expected that its research and development and general and administrative expenses will continue to increase and, as a result, the Company will eventually need to generate significant product revenues to achieve profitability. On January 29, 2018, the Company raised aggregate net proceeds of approximately $24.5 million in connection with its initial public offering (“IPO”). See Note 7 – Stockholders’ Equity – Initial Public Offering for additional details.

 

The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued. Thereafter, the Company may need to raise further capital, through the sale of additional equity or debt securities, to support its future operations. The Company’s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. The Company’s future capital requirements and the adequacy of its available funds will depend on many factors, including the Company’s ability to successfully commercialize its products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs in order to conserve its cash.

 

 5 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 2 – Summary of Significant Accounting Policies – Continued

 

Cash

 

The Company considers all highly liquid investments with an original maturity of six months or less to be cash equivalents in the financial statements. As of June 30, 2018 and December 31, 2017, the Company had no cash equivalents.

 

The Company has cash deposits in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. As of June 30, 2018 and December 31, 2017, the Company had cash balances in excess of FDIC insurance limits of $24,311,711 and $4,999,511, respectively.

 

Net Loss Per Common Share

 

Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.

 

The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:

 

   June 30, 
   2018   2017 
   (unaudited)   (unaudited) 
Options   1,860,084    786,667 
Warrants   61,875    - 
Series A Convertible Preferred Stock   -    3,232,294 
Series A-2 Convertible Preferred Stock   -    788,827 
Total potentially dilutive shares   1,921,959    4,807,788 

 

Recently Adopted Accounting Pronouncements

 

In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” (“ASU 2017-09”). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for our fiscal year ending after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company adopted this standard on January 1, 2018 and its adoption did not have a material impact on the Company’s financial position, results of operations or cash flows.

 

In June 2018, the FASB issued ASU No. 2018-07, “Compensation — Stock Compensation (Topic 718),” (“ASU 2018-07”). ASU 2018-07 is intended to reduce cost and complexity of financial reporting for non-employee share-based payments. Currently, the accounting requirements for non-employee and employee share-based payments are significantly different. ASU 2018-07 expands the scope of Topic 718, which currently only includes share-based payments to employees, to include share-based payments to non-employees for goods or services. Consequently, the accounting for share-based payments to non-employees and employees will be substantially aligned. This ASU supersedes Subtopic 505-50, “Equity — Equity-Based Payments to Nonemployees”. The amendments to ASU 2018 - 07 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted, but no earlier than a company’s adoption date of ASU No. 2014-09, (Topic 606), “Revenue from Contracts with Customers”. The Company is currently evaluating ASU 2018-07 and its impact on its financial position, results of operations and cash flows.

 

 6 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 3 – Prepaid Expenses and Other Current Assets

 

As of June 30, 2018 and December 31, 2017, prepaid expenses and other current assets consisted of the following:

 

   June 30,   December 31, 
   2018   2017 
   (unaudited)     
Prepaid insurance expenses  $221,573   $384 
Prepaid patent expenses   21,884    7,833 
Prepaid research and development expenses   -    28,932 
Total prepaid expenses and other current assets  $243,457   $37,149 

 

Note 4 – Accrued Expenses and Other Current Liabilities

 

As of June 30, 2018 and December 31, 2017, accrued expenses and other current liabilities consisted of the following:

 

   June 30,   December 31, 
   2018   2017 
    (unaudited)      
Accrued bonus expenses  $175,000   $- 
Accrued payroll expenses   115,049    - 
Accrued research and development expenses   136,068    120,455 
Credit card payable   58,700    9,843 
Accrued legal expenses   19,238    - 
Accrued rent expenses   18,000    - 
Accrued professional services   21,823    41,831 
Accrued offering costs   -    133,000 
Other   12,866    1,134 
Total accrued expenses and other current liabilities  $556,745   $306,263 

 

Note 5 – Commitments and Contingencies

 

See Note 6 – Related Party Transactions for details of a lease agreement with a related party.

 

Litigations, Claims and Assessments

 

In the normal course of business, the Company may be involved in legal proceedings, claims and assessments arising in the ordinary course of business. The Company records legal costs associated with loss contingencies as incurred and accrues for all probable and estimable settlements.

 

The Company, its Chief Executive Officer and members of its Board of Directors are named as defendants in a legal proceeding filed in the United States District Court for the District of New Jersey on September 2, 2014 that has not yet been fully resolved in connection with the Company’s Asset Purchase Agreement with Corinthian Ophthalmic, Inc. (“Corinthian”). A shareholder of Corinthian, alleging a fraudulent transfer, is seeking to recover the purchase price of its Corinthian shares and other damages in aggregate amount of approximately $1.1 million. The parties are not close to agreement on a settlement, and although further discussions may occur, the parties are prepared to proceed to trial. The court conducted a pretrial conference on January 22, 2018 and entered a final pretrial order on January 23, 2018. The order provided, among other things, for a final pretrial conference to be conducted on August 15, 2018 to address objections to expert witnesses’ opinions and testimony, with objections to be submitted by July 18, 2018 and responses by August 1, 2018. Trial briefs, requests for jury instructions, and proposed voir dire questions are due on August 30, 2018. The trial is scheduled for September 20, 2018. The Company is indemnified by Corinthian and Corinthian’s applicable insurance policy provides coverage of $10 million, such that the Company does not expect to incur a material loss as a result of this litigation and, as a result, did not record a loss contingency as of June 30, 2018 or December 31, 2017, respectively.

 

 7 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 6 – Related Party Transactions

 

Consulting Agreements

 

The Company’s Chief Executive Officer as well as a member of its Board of Directors are both partners in Private Medical Equity, Inc. (“PME”). The Company and PME were parties to a consulting agreement dated November 4, 2014 that provides for the payment of $33,200 per month to PME in consulting fees for general management and strategy services. Any time spent by PME in excess of the specified amount is billed separately. During the three and six months ended June 30, 2018, the Company incurred $0 related to the agreement. During the three and six months ended June 30, 2017, the Company incurred $141,000 and $282,000, respectively, related to the agreement, of which, $75,576 and $151,152, respectively, was included within research and development expenses and $65,424 and $130,848, respectively, was included within general and administrative expenses on the condensed statements of operations. On August 1, 2017, the agreement was terminated and the Company’s Chief Executive Officer was employed full time by the Company. The Board member now bills the Company through a separate consulting agreement dated July 6, 2017 that is discussed below.

 

A company in which a member of the Company’s Board of Directors is part owner is a party to a consulting agreement with the Company dated July 6, 2017 that provides for the payment of $9,567 per month, and $250 per hour for any additional work, for advisory services performed by such director. During the three and six months ended June 30, 2018, the Company incurred $34,884 and $92,460, respectively, related to the agreement which was included within general and administrative expenses on the condensed statement of operations.

 

Lease Agreements

 

Since July 2016, the Company pays $3,000 per month to a company controlled by a member of its Board of Directors for office space in New York, New York for its Chief Executive Officer. During the three and six months ended June 30, 2018 and 2017, the Company recorded rent expense of $9,000 and $18,000, respectively, related to the office space which was included within general and administrative expenses on the condensed statements of operations.

 

The Company’s Vice President of Research and Development (“VP of R&D”) owns a company that entered into a lease agreement with the Company on September 15, 2016 to lease 953 square feet of space located in Reno, NV with respect to its research and development activities. The monthly base rent is $3,895 per month over the term of the lease and the security deposit is $3,895. The lease expires on September 14, 2018 and is subject to an extension at the option of the Company at a fixed rental rate for an additional 2-year period. The Company’s rent expense amounted to $11,685 and $23,370, respectively, for the three and six months ended June 30, 2018 and 2017.

 

Research and Development Activities

 

The VP of R&D is the sole owner and President of a company that performs contract engineering services for the Company. During the three and six months ended June 30, 2018, the Company recognized research and development expense of $196,432 and $428,443, respectively, related to services provided by such vendor. During the three and six months ended June 30, 2017, the Company recognized research and development expense of $373,382 and $560,125, respectively, related to services provided by such vendor. The Company had a liability of $155,071 and $94,998 to the vendor and a liability of $68 and $9,906 related to expenses incurred by the VP of R&D as of June 30, 2018 and December 31, 2017, respectively.

 

The Company recognized $41,250 and $82,500, respectively, of compensation expense related to the VP of R&D’s salary during the three and six months ended June 30, 2018. The Company recognized $0 of compensation expense during the three and six months ended June 30, 2017.

 

During 2015, the Company entered into a license agreement with Senju Pharmaceutical Co., Lt. (“Senju”) whereby the Company agreed to grant to Senju an exclusive, royalty-bearing license for its micro-dose product candidates for Asia to sublicense, develop, make, have made, manufacture, use, import, market, sell, and otherwise distribute the micro-dose product candidates. In consideration for the license, Senju agreed to pay to Eyenovia five percent (5%) royalties for the term of the license agreement. The agreement shall continue in full force and effect, on a country-by-country basis, until the latest to occur of: (i) the tenth (10th) anniversary of the first commercial sale of a micro-dose product candidate in Asia; or (ii) the expiration of the licensed patents. As of the date of this filing, there had been no commercial sales of a micro-dose product candidate in Asia, such that no royalties had been earned. Senju is owned by the family of a member of the Company’s Board of Directors and both beneficially own greater than 5% of the Company’s common stock.

 

 8 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 7 – Stockholders’ Equity

 

Reverse Stock Split

 

Effective January 8, 2018, pursuant to authority granted by the stockholders of the Company, the Company implemented a 1-for-3.75 reverse split of the Company’s issued and outstanding common stock and preferred stock. The number of authorized shares was unchanged as a result of the reverse split. All share and per share information has been retroactively adjusted to reflect the reverse split for all periods presented, unless otherwise indicated.

 

Authorized Capital

 

On January 29, 2018, in connection with its IPO and the conversion of all then existing preferred stock into common stock, the Company filed its Third Amended and Restated Certificate of Incorporation (the “Third Amendment”) with the Secretary of State of the State of Delaware, effective the same day. Pursuant to the Third Amendment, the Company is authorized to issue 90,000,000 shares of common stock and 6,000,000 shares of preferred stock. The holders of the Company’s common stock are entitled to one vote per share. No shares of preferred stock were designated. Pursuant to the Third Amendment, the Board of Directors is empowered, without stockholder approval, to issue preferred stock with dividend, liquidation, redemption, voting or other rights.

 

Equity Incentive Plans

 

On January 5, 2018, the Company’s Board of Directors and stockholders approved an amendment to the Company’s 2014 Equity Incentive Plan (“2014 Plan”) to increase the number of shares of common stock authorized under the 2014 Plan from 1,733,333 shares to 1,866,667 shares.

 

On March 6, 2018, the Company’s Board of Directors adopted the 2018 Omnibus Stock Incentive Plan (“2018 Plan”), subject to stockholder approval. The 2018 Plan provides for the issuance of incentive stock options, nonstatutory stock options, rights to purchase common stock, stock appreciation rights, restricted stock and restricted stock units to employees, directors and consultants of the Company and its affiliates. The 2018 Plan was approved by Company stockholders at its annual meeting of stockholders on June 11, 2018. The 2018 Plan terminates on June 11, 2028. The 2018 Plan requires the exercise price of stock options to be greater than or equal to the fair value of the Company’s common stock on the date of grant. There are 750,000 shares of common stock authorized under the 2018 Plan.

 

Conversion of Preferred Stock

 

Immediately prior to the closing of the IPO on January 29, 2018, all outstanding shares of preferred stock were automatically converted into an aggregate of 4,702,116 shares of the Company’s common stock.

 

Initial Public Offering

 

On January 29, 2018, the Company consummated its IPO of 2,730,000 shares of its common stock at an offering price of $10.00 per share, generating $27.3 million and $24.5 million in gross and net proceeds, respectively. Underwriting discounts, commissions and other offering expenses were approximately $2.8 million, which were recorded as a reduction of additional paid-in capital.

 

Stock Options

 

On April 16, 2018, the Compensation Committee of the Board of Directors approved the grant of ten-year stock options to purchase 175,668 shares of common stock to Company employees and consultants under the 2014 Plan. The stock options will vest in equal monthly increments over 36 months beginning on the one-month anniversary of the date of grant and have an exercise price of $8.72 per share, which represents the closing stock price on the date of grant. The stock options had a grant date fair value of $1,412,700, which will be recognized over the vesting period.

 

 9 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 7 – Stockholders’ Equity – Continued

 

Stock Options – Continued

 

In applying the Black-Scholes option pricing model to stock options granted, the Company used the following approximate assumptions:

 

   For the Three and Six Months Ended 
   June 30, 2018 
Expected term (years)   5.82 - 10.00 
Risk free interest rate   2.69% - 2.83%
Expected volatility   140%
Expected dividends   0.00%

 

The Company has computed the fair value of stock options granted using the Black-Scholes option pricing model. Option forfeitures are accounted for at the time of occurrence. The expected term used for options issued to non-employees is usually the contractual life and the expected term used for options issued to employees and directors is the estimated period of time that options granted are expected to be outstanding. The Company utilizes the “simplified” method to develop an estimate of the expected term of “plain vanilla” employee option grants. The Company does not currently have a trading history to support its historical volatility calculations. Accordingly, the Company is utilizing an expected volatility figure based on a review of the historical volatility of comparable entities over a period of time equivalent to the expected life of the instrument being valued. The risk-free interest rate was determined from the implied yields from U.S. Treasury zero-coupon bonds with a remaining term consistent with the expected term of the instrument being valued.

 

The weighted average estimated grant date fair value of the stock options granted for the three and six months ended June 30, 2018 was approximately $8.72 per share. There were no stock options granted during the three and six months ended June 30, 2017.

 

The Company recorded stock-based compensation expense related to stock options of $652,088 and $6,390 during the six months ended June 30, 2018 and 2017, respectively. For the three months ended June 30, 2018 and 2017, the Company recorded stock-based compensation expense related to stock options of $1,512 (which includes a credit associated with the mark-to-market of non-employee options) and $3,094, respectively. As of June 30, 2018, there was $3,087,133 of unrecognized stock-based compensation expense, of which, $1,231,336 related to non-employee grants, which will be recognized over a weighted average period of 2.3 years.

 

A summary of the option activity during the six months ended June 30, 2018 is presented below:

 

           Weighted     
       Weighted   Average     
       Average   Remaining   Aggregate 
   Number of   Exercise   Life   Intrinsic 
   Options   Price   In Years   Value 
Outstanding January 1, 2018   1,684,416   $1.68           
Granted   175,668    8.72           
Forfeited   -    -           
Outstanding June 30, 2018   1,860,084   $2.35    8.1   $7,780,706 
                     
Exercisable June 30, 2018   1,116,438   $1.48    7.3   $5,318,423 

 

 10 

 

 

EYENOVIA, INC.

 

NOTES TO CONDENSED FINANCIAL STATEMENTS

 

(UNAUDITED)

 

Note 7 – Stockholders’ Equity – Continued

 

Stock Options – Continued

 

The following table presents information related to stock options as of June 30, 2018:

 

Options Outstanding   Options Exercisable 
        Weighted     
    Outstanding   Average   Exercisable 
Exercise   Number of   Remaining Life   Number of 
Price   Options   In Years   Options 
$1.24    760,001    6.7    760,001 
$1.95    897,747    9.0    335,427 
$5.25    26,668    8.3    11,250 
$8.72    175,668    9.8    9,760 
      1,860,084    7.3    1,116,438 

 

Note 8 – Subsequent Events

 

Stock Options

 

Subsequent to June 30, 2018, the Company granted ten-year stock options to purchase an aggregate of 371,499 shares of common stock to its employees and directors under the 2018 Plan. Of the 371,499 shares, (i) 289,174 vest over three years from the date of grant with one-third vesting on the one-year anniversary of the date of grant and the balance vesting monthly over the remaining 24 months, (ii) 60,000 vest monthly over 36 months beginning on the one-month anniversary of the date of grant, and (iii) 22,325 vest on the earlier of the one-year anniversary of the date of grant and the 2019 annual stockholders meeting date. The stock options have exercise prices ranging from $6.20 per share to $6.30 per share, which represents the Company’s closing stock price on the date of grant.

 

Restricted Stock Units

 

Subsequent to June 30, 2018, the Company granted an aggregate of 20,165 restricted stock units to its directors under the 2018 Plan which vest on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the 2019 annual stockholders meeting.

 

Lease Agreement

 

On August 8, 2018, the Company entered into a lease agreement to lease approximately 3,800 square feet of office space in New York, New York. The monthly base rent ranges from $19,633 to $22,486 per month over the term of the lease for a total base rent lease commitment of approximately $1,290,000. The security deposit is approximately $118,000.

 

 11 

 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

The following discussion and analysis of the results of operations and financial condition of Eyenovia, Inc. (“Eyenovia,” the “Company,” “we,” “us” and “our”) as of June 30, 2018 and for the three and six months ended June 30, 2018 and 2017 should be read in conjunction with our unaudited financial statements and the notes thereto included elsewhere in this Quarterly Report on Form 10-Q and with our audited financial statements and the notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2017 as filed with the Securities and Exchange Commission (“SEC”).

 

Forward Looking Statements

 

This report contains “forward-looking statements.” Specifically, all statements other than statements of historical facts included in this report regarding our financial position, business strategy and plans and objectives of management for future operations are forward-looking statements. These forward-looking statements are based on the beliefs of management at the time these statements were made, as well as assumptions made by and information currently available to management. When used in this report, the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “might,” “will,” “continue” “intend,” and “plan” and words or phrases of similar import, as they relate to our financial position, business strategy and plans, or objectives of management, are intended to identify forward-looking statements. These statements reflect our current view with respect to future events and are subject to risks, uncertainties and assumptions related to various factors that could cause actual results and the timing of certain events to differ materially from future results expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the section titled “Risk Factors” included in our most recent Annual report on Form 10-K filed with the SEC. Furthermore, such forward-looking statements speak only as of the date of our Annual Report on Form 10-K. Except as required by law, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

 

Overview

 

We are a clinical stage biopharmaceutical company developing a pipeline of ophthalmology products utilizing our patented piezo-print technology to deliver micro-doses (6–8 µL) of active pharmaceutical ingredients, or micro-therapeutics, topically to the eye. This micro-dosing technology has the potential to replace traditional macro-dosing applications (e.g. conventional eye droppers) that routinely overdose or under-dose when used in the topical administration of ophthalmic therapeutics. We believe our micro-therapeutic product candidates may be able to achieve similar pharmacologic effects as traditional macro-dosing applications while reducing the adverse effects associated with these techniques. We have received written FDA feedback indicating that we can proceed to Phase III clinical trials for two of our lead programs: MicroProst, a novel micro-therapeutic latanoprost formulation for Chronic Angle Closure Glaucoma (CACG), an indication with no FDA-approved drug treatments; and MicroStat, a fixed combination of micro-therapeutic phenylephrine-tropicamide formulation for mydriasis, also known as pupil dilation for use in eye exams. MicroTears, our OTC product candidate for dry eye, will not require Phase III clinical trials, and we plan to proceed with registration activities.

 

We have completed two Phase II clinical trials, treating more than 110 subjects, with results published in peer-reviewed literature. Applying multiple front-of-the-eye (the area in front of the lens) formulations in subjects for mydriasis, our piezo-print technology delivered microliter precision at the volume of the eye’s natural tear film capacity of 6–8 µL, which reduced ocular and systemic drug and preservative exposure when compared to eye drops, resulting in comparable efficacy with fewer side effects. We believe that these clinical trials support our advancement into late stage clinical trials utilizing the 505(b)(2) pathway. We intend to use this pathway for future clinical trials in new indications with significant unmet needs. We plan to commence Phase III clinical trials for MicroProst (in the first half of 2019) and MicroStat (in the second half of 2018), pending IND submission and FDA feedback.

 

We have not completed development of any product candidate and we have therefore not generated any revenues from product sales.

 

Historically, we have financed our operations principally through private placements of preferred stock as well as our initial public offering that closed in January 2018. Although it is difficult to predict our liquidity requirements, based upon our current operating plan, we believe we will have sufficient cash to meet our projected operating requirements for at least the next twelve months. Thereafter, the Company will need to raise further capital, through the sale of additional equity or debt securities, to support its future operations. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs.

 

Our net losses were $3.3 million and $6.7 million for the three and six months ended June 30, 2018, respectively. As of June 30, 2018, we had working capital and an accumulated deficit of $23.6 million and $26.0 million, respectively.

 

 12 

 

  

Financial Overview

 

Revenue

 

We have not generated any revenue from product sales since our inception and do not expect to generate any revenue from the sale of products in the near future. Our ability to generate revenues will depend heavily on the successful development, regulatory approval and commercialization of our micro-therapeutic product candidates.

 

Research and Development Expenses

 

Research and development expenses are incurred in connection with the research and development of our micro-therapeutics and consist primarily of contract service expenses. Given where we are in our life cycle, we do not separately track research and development expenses by project. Our research and development expenses consist of:

 

  · direct clinical and non-clinical expenses, which include expenses incurred under agreements with contract research organizations, contract manufacturing organizations, and costs associated with preclinical activities, development activities and regulatory activities;

 

  · personnel-related expenses, which include expenses related to consulting agreements with individuals that have since entered into employment agreements with us as well as salaries and other compensation of employees that is attributable to research and development activities; and

 

  · facilities and other expenses, which include direct and allocated expenses for rent and maintenance of facilities, marketing, insurance and other supplies used in research and development activities.

 

We expense research and development costs as incurred. We record costs for some development activities, such as clinical trials, based on an evaluation of the progress to completion of specific tasks using data such as subject enrollment, clinical site activations or other information our vendors provide to us.

 

We expect that our research and development expenses will increase with the continuation of the aforementioned initiatives.

 

General and Administrative Expenses

 

General and administrative expenses consist primarily of payroll and related expenses, legal and other professional services, as well as non-cash stock-based compensation expense. We anticipate that our general and administrative expenses will increase in the future as we increase our headcount to support our continued research and development and the potential commercialization of our product candidates. We also anticipate increased expenses related to audit, legal, regulatory, and tax-related services associated with maintaining compliance with exchange listing and SEC requirements. In addition, director and officer insurance premiums and investor relations costs associated with being a public company are expected to increase in future periods.

 

 13 

 

 

Results of Operations

 

Three Months Ended June 30, 2018 Compared with Three Months Ended June 30, 2017

 

Research and Development Expenses

 

Research and development expenses for the three months ended June 30, 2018 totaled $2.4 million, an increase of $1.7 million, or 221%, as compared to $0.8 million recorded for the three months ended June 30, 2017. Research and development expenses consisted of the following:

 

   For the Three Months Ended 
   June 30, 
   2018   2017 
Direct clinical and non-clinical expenses  $1,123,115   $708,711 
Personnel-related expenses   629,776    17,130 
Non-cash stock-based compensation expenses   11,369    3,094 
Facilities and other expenses   647,904    22,995 
Total research and development expenses  $2,412,164   $751,930 

 

The increase in direct clinical and non-clinical expenses, facilities and other expenses and personnel-related expenses is primarily due to an increase in contracted services, supplies and the hiring of twelve additional employees as we expanded our research and development activities for our micro-therapeutic products. For the three months ended June 30, 2018, personnel-related expenses include approximately $0.1 million of estimated expenses in connection with year-end 2018 executive bonuses that have yet to have been paid. The increase in non-cash stock-based compensation expense as compared to the 2017 period was due to an additional 581,532 and 81,500 stock options that were granted in July 2017 and April 2018, respectively.

 

General and Administrative Expenses

 

General and administrative expense for the three months ended June 30, 2018 totaled $0.9 million, an increase of $0.7 million, or 304%, as compared to $0.2 million recorded for the three months ended June 30, 2017. This increase was primarily attributable to an increase in expenses related to payroll and contracted services of $0.3 million (including approximately $0.1 million of estimated expenses in connection with year-end 2018 executive bonuses that have yet to have been paid), professional fees of $0.2 million and insurance expense of $0.1 million. It also was largely due to the hiring of an additional 4 employees associated with the growth of our business as well as costs related to being a public company.

 

Six Months Ended June 30, 2018 Compared with Six Months Ended June 30, 2017

 

Research and Development Expenses

 

Research and development expenses for the six months ended June 30, 2018 totaled $4.5 million, an increase of $2.8 million, or 171%, as compared to $1.7 million recorded for the six months ended June 30, 2017. Research and development expenses consisted of the following:

 

   For the Six Months Ended 
   June 30, 
   2018   2017 
Direct clinical and non-clinical expenses  $2,189,391   $1,590,947 
Personnel-related expenses   1,050,992    17,130 
Non-cash stock-based compensation expenses   316,290    6,431 
Facilities and other expenses   949,586    48,264 
Total research and development expenses  $4,506,259   $1,662,771 

 

The increase in direct clinical and non-clinical expenses, facilities and other expenses and personnel-related expenses is primarily due to an increase in contracted services, supplies and the hiring of twelve additional employees as we expanded our research and development activities for our micro-therapeutic products. For six months ended June 30, 2018, personnel-related expenses include approximately $0.1 million of estimated expenses in connection with year-end 2018 executive bonuses that have yet to have been paid. The increase in non-cash stock-based compensation expense as compared to the 2017 period was due to an additional 581,532 and 81,500 stock options that were granted in July 2017 and April 2018, respectively.

 

 14 

 

 

General and Administrative Expenses

 

General and administrative expense for the six months ended June 30, 2018 totaled $2.2 million, an increase of $1.8 million, or 434%, as compared to $0.4 million recorded for the six months ended June 30, 2017. This increase was primarily attributable to an increase in professional fees of $0.7 million, non-cash stock-based compensation costs of $0.3 million, and expenses related to payroll and contracted services of $0.6 million (including approximately $0.1 million of estimated expenses in connection with year-end 2018 executive bonuses that have yet to have been paid), as compared to 2017. It also was largely due to the hiring of an additional 4 employees associated with the growth of our business as well as costs related to being a public company.

 

Liquidity and Capital Resources

 

Since inception, we have experienced negative cash flows from operations. At June 30, 2018, our accumulated deficit since inception was $26.0 million. In January 2018, we raised aggregate net proceeds of $24.7 million in connection with our initial public offering.

 

At June 30, 2018, we had total current assets of $24.8 million and current liabilities of $1.3 million, resulting in working capital of $23.5 million. At June 30, 2018, we had total assets of $24.8 million and total liabilities of $1.3 million, resulting in stockholders’ equity of $23.5 million.

 

At June 30, 2018 and December 31, 2017, we had no debt outstanding.

 

At June 30, 2018, we had a cash balance of $24.6 million. We expect our current cash on hand to be sufficient to meet our operating and capital requirements for at least the next twelve months from the date of this filing. Thereafter, we will likely need to raise further capital, through the sale of additional equity or debt securities, to support our future operations. Our operating needs include the planned costs to operate our business, including amounts required to fund research and development activities including clinical studies, working capital and capital expenditures. Our future capital requirements and the adequacy of our available funds will depend on many factors, including our ability to successfully commercialize our products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings. If we are unable to secure additional capital, we may be required to curtail our research and development initiatives and take additional measures to reduce costs in order to conserve our cash.

 

During the six months ended June 30, 2018 and 2017, our sources and uses of cash were as follows:

 

Net cash used in operating activities for the six months ended June 30, 2018 was $5.4 million, which includes cash used to fund a net loss of $6.7 million, reduced by $0.7 of non-cash stock compensation, partially offset by $0.6 million of cash provided by changes in operating assets and liabilities. Net cash used in operating activities for the six months ended June 30, 2017 was $1.9 million, which includes cash used to fund a net loss of $2.1 million, partially offset by $0.1 million of cash provided by changes in operating assets and liabilities.

 

There were no cash flows from investing activities for the six months ended June 30, 2018. Cash used in investing activities was approximately $10,000 for the six months ended June 31, 2017, which was attributable to purchases of property and equipment.

 

Cash provided by financing activities for the six months ended June 30, 2018 totaled $24.7 million, which was primarily attributable to $25.1 million of proceeds from the sale of common stock in our initial public offering, reduced by issuance costs related to our initial public offering of $0.4 million. There were no cash flows from financing activities for the six months ended June 30, 2017.

 

Off-Balance Sheet Arrangements

 

There are no off-balance sheet arrangements between us and any other entity that have, or are reasonably likely to have, a current or future effect on financial conditions, changes in financial conditions, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

 

Critical Accounting Policies

 

For a description of our critical accounting policies, see Note 2 – Summary of Significant Accounting Policies in Part 1, Item 1 of this Quarterly Report on Form 10-Q.

 

 15 

 

 

Recently Adopted Accounting Pronouncements

 

For a description of recently adopted accounting pronouncements, including adoption dates and estimated effects, if any, on our consolidated financial statements, see Note 2 – Summary of Significant Accounting Policies in Part 1, Item 1 of this Quarterly Report on Form 10-Q.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

 

Smaller reporting companies such as us are not required to provide the information required by this item.

 

Item 4. Controls and Procedures.

 

Evaluation of Disclosure Controls and Procedures

 

As of the end of the period covered by this Quarterly Report on Form 10-Q, we carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer and principal financial and accounting officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)). Based on the foregoing evaluation, our principal executive officer and principal financial and accounting officer concluded that, as of June 30, 2018, our disclosure controls and procedures were not effective to provide reasonable assurance that the information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in SEC rules and forms, and is accumulated and communicated to our management, including our principal executive officer and principal financial and accounting officer, as appropriate, to allow timely decisions regarding required disclosure, due to the material weaknesses described below.

 

Our Annual Report on Form 10-K did not include a report of management’s assessment regarding internal control over financial reporting as of December 31, 2017 or an attestation report of our registered public accounting firm due to a transition period established by the rules of the SEC for newly public companies and emerging growth companies, as applicable. However, the following material weaknesses in our internal control over financial reporting were identified as of December 31, 2017 in the normal course and continued to exist as of June 30, 2018:

 

1.We had insufficient segregation of duties in our finance and accounting function because of our limited personnel.

 

2.We did not properly identify all related party relationships and transactions so that they could be evaluated for disclosure in our public filings.

 

3.The terms of certain agreements entered into by us were not properly communicated to the Board of Directors in order for the Board of Directors to take the appropriate actions.

 

4.We did not adequately record research and development expenses in our internal books and records to permit timely and accurate financial reporting.

 

A material weakness is a deficiency, or a combination of deficiencies, within the meaning of Public Company Accounting Oversight Board (“PCAOB”) Auditing Standard AS 2201, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely basis.

 

Remediation

 

We intend to address the weaknesses identified above by, among other things, (a) increasing the oversight and review procedures of the Board of Directors and its Audit Committee with regard to financial reporting, financial processes and procedures and internal control procedures and (b) hiring additional finance and accounting personnel, including a Chief Financial Officer (hired December 2017), who will assist in the process of remediating the weaknesses identified above. In April 2018, the Board of Directors also adopted a related party transaction policy. In July 2018, we implemented an enhanced chart of accounts designed to facilitate the timely and accurate financial reporting of research and development expenses. Our management believes that the controls implemented to-date are sufficient to address weaknesses (2), (3) and (4) above. However, no assurances that our remediation is effective can be made until remedial controls are implemented and operate for a period of time. We expect to have all the material weaknesses identified in this Item 4 remediated before the end of the year.

 

Changes in Internal Control over Financial Reporting

 

Except as disclosed above, our internal control over financial reporting did not change during the three months ended June 30, 2018.

 

 16 

 

  

PART II - OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

From time to time, we might become involved in legal or regulatory proceedings arising in the ordinary course of our business.  The section titled “Legal Proceedings” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017, filed with the SEC on April 2, 2018, includes a discussion of our current material legal proceedings. There have been no material developments to the matters described in those disclosures as of the date of this filing.

 

Item 1A. Risk Factors.

 

Smaller reporting companies such as us are not required to provide the information required by this item.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

Recent Sales of Unregistered Securities

 

None.

 

Use of Proceeds from Registered Securities Offering

 

On January 24, 2018, the SEC declared effective our Registration Statement on Form S-1 (File No. 333-222162), as amended, filed in connection with the initial public offering of our common stock. Pursuant to the Registration Statement, we registered the offer and sale of up to $35,000,000 of our common stock. On January 29, 2018, we issued and sold 2,730,000 shares of our common stock at a price to the public of $10.00 per share. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc., and Roth Capital Partners acted as joint book-running managers for the offering. 

 

As a result of the offering, we received net proceeds of approximately $24.5 million in the aggregate, which consists of gross proceeds of $27.3 million, offset by underwriting discounts and commissions of approximately $1.9 million and other offering expenses of approximately $0.9 million. No payments for such expenses were made directly or indirectly to (i) any of our officers or directors or their associates, (ii) any persons owning 10% or more of any class of our equity securities or (iii) any of our affiliates. The offering has terminated.

 

There has been no material change in the expected use of the net proceeds from our initial public offering as described in our final prospectus, dated January 24, 2018, filed with the SEC pursuant to Rule 424(b) relating to our Registration Statement on Form S-1.

 

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

 

None.

 

Item 3. Defaults upon Senior Securities.

 

Not applicable.

 

Item 4. Mine Safety Disclosures.

 

Not applicable.

 

Item 5. Other Information.

 

None.

 

 17 

 

 

Item 6. Exhibits.

 

      Incorporated by Reference (Unless Otherwise Indicated)
Exhibit
Number
 

 

Exhibit Description

  Form  File No.  Exhibit  Filing Date
3.1  Third Amended and Restated Certificate of Incorporation of Eyenovia, Inc.  8-K  --  3.1  January 29, 2018
                
3.1.1  Certificate of Amendment of Third Amended and Restated Certificate of Incorporation of Eyenovia, Inc.  8-K  --  3.1.1  June 14, 2018
                
10.13  Eyenovia, Inc. 2018 Omnibus Stock Incentive Plan  8-K  --  10.13  June 14, 2018
                
10.14  Form of Notice of Stock Option Grant and Award Agreement  8-K  --  10.14  June 14, 2018
                
10.15  Form of Restricted Stock Award Agreement  8-K  --  10.15  June 14, 2018
                
31.1  Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002  --  --  --  Filed herewith
                
31.2  Certification of the Principal Financial and Accounting Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002  --  --  --  Filed herewith
                
32.1  Certification of the Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  --  --  --  Filed herewith
                
32.2  Certification of the Principal Financial and Accounting Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002  --  --  --  Filed herewith
                
101  Interactive data files pursuant to Rule 405 of Regulation S-T: (i) Balance Sheets as of June 30, 2018 and December 31, 2017; (ii) Statements of Operations for the Six Months Ended June 30, 2018 and 2017; (iii) Statements of Cash Flows for the Six Months Ended June 30, 2018 and 2017; and (iv) Notes to Financial Statements  --  --  --  Filed herewith

 

 18 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  EYENOVIA, INC.
   
August 14, 2018 By: /s/ John Gandolfo
    John Gandolfo
   

Chief Financial Officer

(Principal Financial and Accounting Officer)

 

 19 

EX-31.1 2 tv500003_ex31-1.htm EXHIBIT 31.1

Exhibit 31.1

 

CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER
PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Tsontcho Ianchulev, certify that:

 

1.I have reviewed this quarterly report on Form 10-Q of Eyenovia, Inc. for the quarterly period ended June 30, 2018;

 

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)[Paragraph omitted pursuant to SEC Release Nos. 33-8238/34-47986 and 33-8392/34-49313];

 

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

August 14, 2018 /s/ Tsontcho Ianchulev  
  Name:  Tsontcho Ianchulev  
  Title:  Chief Executive Officer  
     (Principal Executive Officer)  

 

 

 

EX-31.2 3 tv500003_ex31-2.htm EXHIBIT 31.2

Exhibit 31.2

 

CERTIFICATION OF THE PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER
PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, John Gandolfo, certify that:

 

1.I have reviewed this quarterly report on Form 10-Q of Eyenovia, Inc. for the quarterly period ended June 30, 2018;

 

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)[Paragraph omitted pursuant to SEC Release Nos. 33-8238/34-47986 and 33-8392/34-49313];

 

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

August 14, 2018 /s/ John Gandolfo 
  Name:  John Gandolfo 
  Title:  Chief Financial Officer 
     (Principal Financial and Accounting Officer) 

 

 

EX-32.1 4 tv500003_ex32-1.htm EXHIBIT 32.1

Exhibit 32.1

 

CERTIFICATION OF THE PRINCIPAL EXECUTIVE OFFICER
PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with this quarterly report of Eyenovia, Inc. (the “Company”) on Form 10-Q for the quarterly period ended June 30, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Tsontcho Ianchulev, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

 

(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

August 14, 2018 /s/ Tsontcho Ianchulev  
  Name:  Tsontcho Ianchulev  
  Title:  Chief Executive Officer  
     (Principal Executive Officer)  

 

 

EX-32.2 5 tv500003_ex32-2.htm EXHIBIT 32.2

Exhibit 32.2

 

CERTIFICATION OF THE PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER
PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with this quarterly report of Eyenovia, Inc. (the “Company”) on Form 10-Q for the quarterly period ended June 30, 2018, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, John Gandolfo, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my knowledge:

 

(1)The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

August 14, 2018 /s/ John Gandolfo 
  Name:  John Gandolfo 
  Title:  Chief Financial Officer 
     (Principal Financial and Accounting Officer) 

 

 

 

EX-101.INS 6 eyen-20180630.xml XBRL INSTANCE DOCUMENT 0001682639 2018-01-01 2018-06-30 0001682639 2018-06-30 0001682639 2017-12-31 0001682639 2017-01-01 2017-06-30 0001682639 2018-04-01 2018-06-30 0001682639 2017-04-01 2017-06-30 0001682639 2018-01-01 2018-01-29 0001682639 2018-08-10 0001682639 2018-01-29 0001682639 2018-04-01 2018-04-16 0001682639 2018-07-01 2018-07-31 0001682639 2016-12-31 0001682639 2017-06-30 0001682639 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-06-30 0001682639 us-gaap:WarrantMember 2018-01-01 2018-06-30 0001682639 us-gaap:SeriesAPreferredStockMember 2018-01-01 2018-06-30 0001682639 eyen:SeriesA2ConvertiblePreferredStockMember 2018-01-01 2018-06-30 0001682639 eyen:PrivateMedicalEquityIncMember 2018-01-01 2018-06-30 0001682639 eyen:CuraPartnersMember us-gaap:GeneralAndAdministrativeExpenseMember eyen:ConsultingAgreementMember 2018-01-01 2018-06-30 0001682639 eyen:PrivateMedicalEquityIncMember eyen:ConsultingAgreementMember 2018-01-01 2018-06-30 0001682639 us-gaap:ChiefExecutiveOfficerMember 2018-01-01 2018-06-30 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2018-01-01 2018-06-30 0001682639 us-gaap:ResearchAndDevelopmentExpenseMember eyen:VicePresidentOfResearchAndDevelopmentMember 2018-01-01 2018-06-30 0001682639 srt:MinimumMember 2018-01-01 2018-06-30 0001682639 srt:MaximumMember 2018-01-01 2018-06-30 0001682639 eyen:ExercisePriceOneMember 2018-01-01 2018-06-30 0001682639 eyen:ExercisePriceFourMember 2018-01-01 2018-06-30 0001682639 eyen:ExercisePriceThreeMember 2018-01-01 2018-06-30 0001682639 eyen:ExercisePriceTwoMember 2018-01-01 2018-06-30 0001682639 eyen:SeriesBConvertiblePreferredStockMember 2018-06-30 0001682639 eyen:SeriesConvertiblePreferredStockMember 2018-06-30 0001682639 eyen:SeriesA2ConvertiblePreferredStockMember 2018-06-30 0001682639 eyen:NonemployeeGrantsMember 2018-06-30 0001682639 us-gaap:ResearchAndDevelopmentExpenseMember eyen:VicePresidentOfResearchAndDevelopmentMember 2018-06-30 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2018-06-30 0001682639 eyen:ExercisePriceOneMember 2018-06-30 0001682639 eyen:ExercisePriceTwoMember 2018-06-30 0001682639 eyen:ExercisePriceThreeMember 2018-06-30 0001682639 eyen:ExercisePriceFourMember 2018-06-30 0001682639 eyen:SeriesBConvertiblePreferredStockMember 2017-12-31 0001682639 eyen:SeriesConvertiblePreferredStockMember 2017-12-31 0001682639 eyen:SeriesA2ConvertiblePreferredStockMember 2017-12-31 0001682639 us-gaap:ResearchAndDevelopmentExpenseMember eyen:VicePresidentOfResearchAndDevelopmentMember 2017-12-31 0001682639 us-gaap:GeneralAndAdministrativeExpenseMember eyen:ConsultingAgreementMember eyen:CuraPartnersMember 2018-04-01 2018-06-30 0001682639 eyen:PrivateMedicalEquityIncMember eyen:ConsultingAgreementMember 2018-04-01 2018-06-30 0001682639 us-gaap:ChiefExecutiveOfficerMember 2018-04-01 2018-06-30 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2018-04-01 2018-06-30 0001682639 srt:MinimumMember 2018-04-01 2018-06-30 0001682639 srt:MaximumMember 2018-04-01 2018-06-30 0001682639 eyen:PrivateMedicalEquityIncMember eyen:ConsultingAgreementMember 2017-04-01 2017-06-30 0001682639 eyen:PrivateMedicalEquityIncMember us-gaap:ResearchAndDevelopmentExpenseMember eyen:ConsultingAgreementMember 2017-04-01 2017-06-30 0001682639 eyen:PrivateMedicalEquityIncMember us-gaap:GeneralAndAdministrativeExpenseMember eyen:ConsultingAgreementMember 2017-04-01 2017-06-30 0001682639 us-gaap:ChiefExecutiveOfficerMember 2017-04-01 2017-06-30 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2017-04-01 2017-06-30 0001682639 us-gaap:EmployeeStockOptionMember 2017-01-01 2017-06-30 0001682639 us-gaap:WarrantMember 2017-01-01 2017-06-30 0001682639 us-gaap:SeriesAPreferredStockMember 2017-01-01 2017-06-30 0001682639 eyen:SeriesA2ConvertiblePreferredStockMember 2017-01-01 2017-06-30 0001682639 eyen:PrivateMedicalEquityIncMember eyen:ConsultingAgreementMember 2017-01-01 2017-06-30 0001682639 eyen:PrivateMedicalEquityIncMember us-gaap:ResearchAndDevelopmentExpenseMember eyen:ConsultingAgreementMember 2017-01-01 2017-06-30 0001682639 eyen:PrivateMedicalEquityIncMember us-gaap:GeneralAndAdministrativeExpenseMember eyen:ConsultingAgreementMember 2017-01-01 2017-06-30 0001682639 us-gaap:ChiefExecutiveOfficerMember 2017-01-01 2017-06-30 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2017-01-01 2017-06-30 0001682639 eyen:CuraPartnersMember eyen:ConsultingAgreementMember 2017-07-01 2017-07-06 0001682639 us-gaap:ChiefExecutiveOfficerMember 2016-07-01 2016-07-31 0001682639 eyen:SenjuPharmaceuticalCoMember 2015-01-01 2015-12-31 0001682639 eyen:EquityIncentivePlanMember srt:MinimumMember 2018-01-05 0001682639 eyen:EquityIncentivePlanMember srt:MaximumMember 2018-01-05 0001682639 eyen:OmnibusStockIncentivePlan2018Member 2018-03-06 0001682639 us-gaap:ShareBasedCompensationAwardTrancheOneMember us-gaap:SubsequentEventMember 2018-07-01 2018-07-31 0001682639 us-gaap:ShareBasedCompensationAwardTrancheTwoMember us-gaap:SubsequentEventMember 2018-07-01 2018-07-31 0001682639 us-gaap:ShareBasedCompensationAwardTrancheThreeMember us-gaap:SubsequentEventMember 2018-07-01 2018-07-31 0001682639 us-gaap:SubsequentEventMember 2018-07-01 2018-07-31 0001682639 us-gaap:SubsequentEventMember srt:MaximumMember 2018-07-01 2018-07-31 0001682639 srt:MinimumMember us-gaap:SubsequentEventMember 2018-07-01 2018-07-31 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2016-09-15 0001682639 eyen:VicePresidentOfResearchAndDevelopmentMember 2016-09-01 2016-09-15 0001682639 us-gaap:ResearchAndDevelopmentExpenseMember eyen:VicePresidentOfResearchAndDevelopmentMember 2017-01-01 2017-12-31 0001682639 eyen:LeaseAgreementMember us-gaap:SubsequentEventMember 2018-08-08 0001682639 eyen:LeaseAgreementMember us-gaap:SubsequentEventMember srt:MinimumMember 2018-08-01 2018-08-08 0001682639 eyen:LeaseAgreementMember us-gaap:SubsequentEventMember srt:MaximumMember 2018-08-01 2018-08-08 <div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 2 &#8211; Summary of Significant Accounting Policies</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company&#8217;s significant accounting policies are disclosed in Note 2 &#8211; Summary of Significant Accounting Policies in the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2017. Since the date of the Annual Report, there have been no material changes to the Company&#8217;s significant accounting policies, except as disclosed below.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Liquidity and Financial Condition</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company has not yet generated revenues or achieved profitability and expects to continue to incur cash outflows from operations. It is expected that its research and development and general and administrative expenses will continue to increase and, as a result, the Company will eventually need to generate significant product revenues to achieve profitability. On January 29, 2018, the Company raised aggregate net proceeds of approximately $24.5 million in connection with its initial public offering (&#8220;IPO&#8221;). See Note 7 &#8211; Stockholders&#8217; Equity &#8211; Initial Public Offering for additional details.</div></div><div style="font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; color: red; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued. Thereafter, the Company may need to raise further capital, through the sale of additional equity or debt securities, to support its future operations. The Company&#8217;s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. The Company&#8217;s future capital requirements and the adequacy of its available funds will depend on many factors, including the Company&#8217;s ability to successfully commercialize its products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs in order to conserve its cash.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Cash</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company considers all highly liquid investments with an original maturity of six months or less to be cash equivalents in the financial statements. As of June 30, 2018 and December 31, 2017, the Company had no cash equivalents.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company has cash deposits in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. As of June 30, 2018 and December 31, 2017, the Company had cash balances in excess of FDIC insurance limits of $24,311,711 and $4,999,511, respectively.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Net Loss Per Common Share</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; border-collapse: collapse; width: 74%; border-spacing: 0px;"><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="6" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="width: 906px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Options</td><td style="width: 15px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 212px; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">1,860,084</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 212px; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">786,667</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Warrants</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">61,875</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Series A Convertible Preferred Stock</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">3,232,294</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">Series A-2 Convertible Preferred Stock</td><td style="padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="padding-bottom: 1pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">788,827</td><td style="padding-bottom: 1pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">Total potentially dilutive shares</td><td style="padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">1,921,959</td><td style="padding-bottom: 2.5pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">4,807,788</td><td style="padding-bottom: 2.5pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr></table><div style="clear: both; background: none;"></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Recently Adopted Accounting Pronouncements</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In May 2017, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2017-09, &#8220;Compensation&#8212;Stock Compensation (Topic 718): Scope of Modification Accounting&#8221; (&#8220;ASU 2017-09&#8221;). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for our fiscal year ending after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company adopted this standard on January 1, 2018 and its adoption did not have a material impact on the Company&#8217;s financial position, results of operations or cash flows.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In June 2018, the FASB issued ASU No. 2018-07, &#8220;Compensation &#8212; Stock Compensation (Topic 718),&#8221; (&#8220;ASU 2018-07&#8221;). ASU 2018-07 is intended to reduce cost and complexity of financial reporting for non-employee share-based payments. Currently, the accounting requirements for non-employee and employee share-based payments are significantly different. ASU 2018-07 expands the scope of Topic 718, which currently only includes share-based payments to employees, to include share-based payments to non-employees for goods or services. Consequently, the accounting for share-based payments to non-employees and employees will be substantially aligned. This ASU supersedes Subtopic 505-50, &#8220;Equity &#8212; Equity-Based Payments to Nonemployees&#8221;. The amendments to ASU 2018 - 07 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted, but no earlier than a company&#8217;s adoption date of ASU No. 2014-09, (Topic 606), &#8220;Revenue from Contracts with Customers&#8221;. The Company is currently evaluating ASU 2018-07 and its impact on its financial position, results of operations and cash flows.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 3 &#8211; Prepaid Expenses and Other Current Assets</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">As of June 30, 2018 and December 31, 2017, prepaid expenses and other current assets consisted of the following:</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; border-collapse: collapse; width: 74%; border-spacing: 0px;"><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">December 31,</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="width: 906px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Prepaid insurance expenses</td><td style="width: 15px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">221,573</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">384</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Prepaid patent expenses</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">21,884</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">7,833</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">Prepaid research and development expenses</td><td style="padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="padding-bottom: 1pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">28,932</td><td style="padding-bottom: 1pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">Total prepaid expenses and other current assets</td><td style="padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">243,457</td><td style="padding-bottom: 2.5pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">37,149</td><td style="padding-bottom: 2.5pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 4 &#8211; Accrued Expenses and Other Current Liabilities</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">As of June 30, 2018 and December 31, 2017, accrued expenses and other current liabilities consisted of the following:</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; border-collapse: collapse; width: 74%; border-spacing: 0px;"><tr style="vertical-align: bottom;"><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">December 31,</div></div></td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></td><td style="padding-bottom: 1pt; font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></td><td style="padding-bottom: 1pt; font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="width: 906px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued bonus expenses</td><td style="width: 15px; font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">175,000</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued payroll expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">115,049</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued research and development expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">136,068</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">120,455</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Credit card payable</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">58,700</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">9,843</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued legal expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">19,238</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued rent expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">18,000</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued professional services</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">21,823</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">41,831</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued offering costs</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">133,000</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">Other</td><td style="font-size: 10pt; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">12,866</td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-size: 10pt; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">1,134</td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">Total accrued expenses and other current liabilities</td><td style="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">556,745</td><td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">306,263</td><td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 5 &#8211; Commitments and Contingencies</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">See Note 6 &#8211; Related Party Transactions for details of a lease agreement with a related party.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Litigations, Claims and Assessments</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In the normal course of business, the Company may be involved in legal proceedings, claims and assessments arising in the ordinary course of business. The Company records legal costs associated with loss contingencies as incurred and accrues for all probable and estimable settlements.</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company, its Chief Executive Officer and members of its Board of Directors are named as defendants in a legal proceeding filed in the United States District Court for the District of New Jersey on September 2, 2014 that has not yet been fully resolved in connection with the Company&#8217;s Asset Purchase Agreement with Corinthian Ophthalmic, Inc. (&#8220;Corinthian&#8221;). A shareholder of Corinthian, alleging a fraudulent transfer, is seeking to recover the purchase price of its Corinthian shares and other damages in aggregate amount of approximately $1.1 million. The parties are not close to agreement on a settlement, and although further discussions may occur, the parties are prepared to proceed to trial. The court conducted a pretrial conference on January 22, 2018 and entered a final pretrial order on January 23, 2018. The order provided, among other things, for a final pretrial conference to be conducted on August 15, 2018 to address objections to expert witnesses&#8217; opinions and testimony, with objections to be submitted by July 18, 2018 and responses by August 1, 2018. Trial briefs, requests for jury instructions, and proposed voir dire questions are due on August 30, 2018. The trial is scheduled for September 20, 2018. The Company is indemnified by Corinthian and Corinthian&#8217;s applicable insurance policy provides coverage of&#8201;$10 million, such that the Company does not expect to incur a material loss as a result of this litigation and, as a result, did not record a loss contingency as of June 30, 2018 or December 31, 2017, respectively.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 6 &#8211; Related Party Transactions</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Consulting Agreements</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company&#8217;s Chief Executive Officer as well as a member of its Board of Directors are both partners in Private Medical Equity, Inc. (&#8220;PME&#8221;). The Company and PME were parties to a consulting agreement dated November 4, 2014 that provides for the payment of $33,200 per month to PME in consulting fees for general management and strategy services. Any time spent by PME in excess of the specified amount is billed separately. During the three and six months ended June 30, 2018, the Company incurred $0 related to the agreement. During the three and six months ended June 30, 2017, the Company incurred $141,000 and $282,000, respectively, related to the agreement, of which, $75,576 and $151,152, respectively, was included within research and development expenses and $65,424 and $130,848, respectively, was included within general and administrative expenses on the condensed statements of operations. On August 1, 2017, the agreement was terminated and the Company&#8217;s Chief Executive Officer was employed full time by the Company. The Board member now bills the Company through a separate consulting agreement dated July 6, 2017 that is discussed below.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">A company in which a member of the Company&#8217;s Board of Directors is part owner is a party to a consulting agreement with the Company dated July 6, 2017 that provides for the payment of $9,567 per month, and $250 per hour for any additional work, for advisory services performed by such director. During the three and six months ended June 30, 2018, the Company incurred $34,884 and $92,460, respectively, related to the agreement which was included within general and administrative expenses on the condensed statement of operations.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Lease Agreements</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Since July 2016, the Company pays $3,000 per month to a company controlled by a member of its Board of Directors for office space in New York, New York for its Chief Executive Officer. During the three and six months ended June 30, 2018 and 2017, the Company recorded rent expense of $9,000 and $18,000, respectively, related to the office space which was included within general and administrative expenses on the condensed statements of operations.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company&#8217;s Vice President of Research and Development (&#8220;VP of R&amp;D&#8221;) owns a company that entered into a lease agreement with the Company on September 15, 2016 to lease 953 square feet of space located in Reno, NV with respect to its research and development activities. The monthly base rent is $3,895 per month over the term of the lease and the security deposit is $3,895. The lease expires on September 14, 2018 and is subject to an extension at the option of the Company at a fixed rental rate for an additional 2-year period. The Company&#8217;s rent expense amounted to $11,685 and $23,370, respectively, for the three and six months ended June 30, 2018 and 2017.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Research and Development Activities</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The VP of R&amp;D is the sole owner and President of a company that performs contract engineering services for the Company. During the three and six months ended June 30, 2018, the Company recognized research and development expense of $196,432 and $428,443, respectively, related to services provided by such vendor. During the three and six months ended June 30, 2017, the Company recognized research and development expense of $373,382 and $560,125, respectively, related to services provided by such vendor. The Company had a liability of $155,071 and $94,998 to the vendor and a liability of $68 and $9,906 related to expenses incurred by the VP of R&amp;D as of June 30, 2018 and December 31, 2017, respectively.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company recognized $41,250 and $82,500, respectively, of compensation expense related to the VP of R&amp;D&#8217;s salary during the three and six months ended June 30, 2018. The Company recognized $0 of compensation expense during the three and six months ended June 30, 2017.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">During 2015, the Company entered into a license agreement with Senju Pharmaceutical Co., Lt. (&#8220;Senju&#8221;) whereby the Company agreed to grant to Senju an exclusive, royalty-bearing license for its micro-dose product candidates for Asia to sublicense, develop, make, have made, manufacture, use, import, market, sell, and otherwise distribute the micro-dose product candidates. In consideration for the license, Senju agreed to pay to Eyenovia five percent (5%) royalties for the term of the license agreement. The agreement shall continue in full force and effect, on a country-by-country basis, until the latest to occur of: (i) the tenth (10th) anniversary of the first commercial sale of a micro-dose product candidate in Asia; or (ii) the expiration of the licensed patents. As of the date of this filing, there had been no commercial sales of a micro-dose product candidate in Asia, such that no royalties had been earned. Senju is owned by the family of a member of the Company&#8217;s Board of Directors and both beneficially own greater than 5% of the Company&#8217;s common stock.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 7 &#8211; Stockholders&#8217; Equity</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Reverse Stock Split</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Effective January&#160;8, 2018, pursuant to authority granted by the stockholders of the Company, the Company implemented a 1-for-3.75 reverse split of the Company&#8217;s issued and outstanding common stock and preferred stock. The number of authorized shares was unchanged as a result of the reverse split. All share and per share information has been retroactively adjusted to reflect the reverse split for all periods </div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">presented, unless otherwise indicated.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Authorized Capital</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">On January 29, 2018, in connection with its IPO and the conversion of all then existing preferred stock into common stock, the Company filed its Third Amended and Restated Certificate of Incorporation (the &#8220;Third Amendment&#8221;) with the Secretary of State of the State of Delaware, effective the same day. Pursuant to the Third Amendment, the Company is authorized to issue 90,000,000 shares of common stock and 6,000,000 shares of preferred stock. The holders of the Company&#8217;s common stock are entitled to one vote per share. No shares of preferred stock were designated. Pursuant to the Third Amendment, the Board of Directors is empowered, without stockholder approval, to issue preferred stock with dividend, liquidation, redemption, voting or other rights.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Equity Incentive Plans</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">On January 5, 2018, the Company&#8217;s Board of Directors and stockholders approved an amendment to the Company&#8217;s 2014 Equity Incentive Plan (&#8220;2014 Plan&#8221;) to increase the number of shares of common stock authorized under the 2014 Plan from 1,733,333 shares to 1,866,667 shares.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">On March 6, 2018, the Company&#8217;s Board of Directors adopted the 2018 Omnibus Stock Incentive Plan (&#8220;2018 Plan&#8221;), subject to stockholder approval. The 2018 Plan provides for the issuance of incentive stock options, nonstatutory stock options, rights to purchase common stock, stock appreciation rights, restricted stock and restricted stock&#160;units to employees, directors and consultants of the Company and its affiliates. The 2018 Plan was approved by Company stockholders at its annual meeting of stockholders on June 11, 2018. The 2018 Plan terminates on June 11, 2028. The 2018 Plan requires the exercise price of stock options to be greater than or equal to the fair value of the Company&#8217;s common stock on the date of grant. There are 750,000 shares of common stock authorized under the 2018 Plan.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Conversion of Preferred Stock</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Immediately prior to the closing of the IPO on January 29, 2018, all outstanding shares of preferred stock were automatically converted into an aggregate of 4,702,116 shares of the Company&#8217;s common stock.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Initial Public Offering</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">On January 29, 2018, the Company consummated its IPO of 2,730,000 shares of its common stock at an offering price of $10.00 per share, generating $27.3 million and $24.5 million in gross and net proceeds, respectively. Underwriting discounts, commissions and other offering expenses were approximately $2.8 million, which were recorded as a reduction of additional paid-in capital.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Stock Options</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">On April 16, 2018, the Compensation Committee of the Board of Directors approved the grant of ten-year stock options to purchase 175,668 shares of common stock to Company employees and consultants under the 2014 Plan. The stock options will vest in equal monthly increments over 36 months beginning on the one-month anniversary of the date of grant and have an exercise price of $8.72 per share, which represents the closing stock price on the date of grant. The stock options had a grant date fair value of $1,412,700, which will be recognized over the vesting period.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In applying the Black-Scholes option pricing model to stock options granted, the Company used the following approximate assumptions:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin-bottom: 0.001pt; width: 50%;"><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">For the Three and Six Months Ended</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">June 30, 2018</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">5.82 - 10.00</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Risk free interest rate</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">2.69% - 2.83</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">%</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 60%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 37%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">140</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">%</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Expected dividends</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">0.00</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">%</div></div></td></tr></table></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company has computed the fair value of stock options granted using the Black-Scholes option pricing model. Option forfeitures are accounted for at the time of occurrence. The expected term used for options issued to non-employees is usually the contractual life and the expected term used for options issued to employees and directors is the estimated period of time that options granted are expected to be outstanding. The Company utilizes the &#8220;simplified&#8221; method to develop an estimate of the expected term of &#8220;plain vanilla&#8221; employee option grants. The Company does not currently have a trading history to support its historical volatility calculations. Accordingly, the Company is utilizing an expected volatility figure based on a review of the historical volatility of comparable entities over a period of time equivalent to the expected life of the instrument being valued. The risk-free interest rate was determined from the implied yields from U.S. Treasury zero-coupon bonds with a remaining term consistent with the expected term of the instrument being valued.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The weighted average estimated grant date fair value of the stock options granted for the three and six months ended June 30, 2018 was approximately $8.72 per share. There were no stock options granted during the three and six months ended June 30, 2017.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company recorded stock-based compensation expense related to stock options of $652,088 and $6,390 during the six months ended June 30, 2018 and 2017, respectively. For the three months ended June 30, 2018 and 2017, the Company recorded stock-based compensation expense related to stock options of $1,512 (which includes a credit associated with the mark-to-market of non-employee options) and $3,094, respectively. As of June 30, 2018, there was $3,087,133 of unrecognized stock-based compensation expense, of which, $1,231,336 related to non-employee grants, which will be recognized over a weighted average period of 2.3 years.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">A summary of the option activity during the six months ended June 30, 2018 is presented below:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin: 0in auto 0in 0px; width: 90%;;text-align:left;"><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted</div></div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Average</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Average</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Remaining</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Aggregate</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Number of</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Exercise</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Life</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Intrinsic</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Price</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">In Years</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Value</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; width: 48%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Outstanding January 1, 2018</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,684,416</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.68</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Granted</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">175,668</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.72</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Forfeited</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Outstanding June 30, 2018</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,860,084</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">2.35</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.1</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">7,780,706</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Exercisable June 30, 2018</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,116,438</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.48</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">7.3</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">5,318,423</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr></table><div style="clear:both;"></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The following table presents information related to stock options as of June 30, 2018:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin: 0in auto 0in 0px; width: 50%;;text-align:left;"><tr><td colspan="8" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options Outstanding</div></div></div></div></td><td style="border-top: none; padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="6" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options Exercisable</div></div></div></div></td><td style="border-top: none; padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted</div></div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Outstanding</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Average</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Exercisable</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Exercise</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Number of</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Remaining Life</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Number of</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Price</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">In Years</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 21%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.24</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 22%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">760,001</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 22%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">6.7</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 22%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">760,001</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.95</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">897,747</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">9.0</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">335,427</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">5.25</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">26,668</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.3</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">11,250</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.72</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: 1pt solid rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">175,668</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: none; border-top: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">9.8</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: 1pt solid rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">9,760</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in 0in 2.5pt;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 2.5pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: 2.5pt double rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,860,084</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: none; border-top: none; padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">7.3</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 2.5pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: 2.5pt double rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,116,438</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr></table><div style="clear:both;"></div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 8 &#8211; Subsequent Events</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Stock Options</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Subsequent to June 30, 2018, the Company granted ten-year stock options to purchase an aggregate of 371,499 shares of common stock to its employees and directors under the 2018 Plan. Of the 371,499 shares, (i) 289,174 <div style="letter-spacing: 0px; top: 0px;;display:inline;">vest over three years from the date of grant with one-third vesting on the one-year anniversary of the date of grant and&#160;</div></div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">the balance vesting monthly over the remaining 24 months</div><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">, (ii) </div>60,000<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> vest monthly over </div>36<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> months </div>beginning on the one-month anniversary of the&#160;<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">date of grant, and (iii) </div>22,325<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> vest on the earlier of the one-year anniversary of the date of grant and&#160;the 2019 annual stockholders meeting date. The stock options have exercise prices ranging from $</div>6.20<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> per share to $</div>6.30<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> per share, which represents the Company</div>&#8217;<div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">s&#160;closing stock price on the date of grant.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Restricted Stock Units</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Subsequent to June 30, 2018, the Company granted an aggregate of 20,165 restricted stock units to its directors under the 2018</div>&#160;&#160;Plan which vest on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the 2019 annual stockholders meeting<div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;">&#160;</div><div style="margin: 0px 0px 0px 0in; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt;"><div style="text-decoration:underline;display:inline;">Lease Agreement</div></div><div style="margin: 0px 0px 0px 0in; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none;">&#160;</div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;">On August 8, 2018, the Company entered into a lease agreement to lease approximately 3,800 square feet of office space in New York, New York. The monthly base rent ranges from $19,633 to $22,486 per month over the term of the lease for a total base rent lease commitment of approximately $1,290,000. The security deposit is approximately $118,000.</div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Liquidity and Financial Condition</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company has not yet generated revenues or achieved profitability and expects to continue to incur cash outflows from operations. It is expected that its research and development and general and administrative expenses will continue to increase and, as a result, the Company will eventually need to generate significant product revenues to achieve profitability. On January 29, 2018, the Company raised aggregate net proceeds of approximately $24.5 million in connection with its initial public offering (&#8220;IPO&#8221;). See Note 7 &#8211; Stockholders&#8217; Equity &#8211; Initial Public Offering for additional details.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued. Thereafter, the Company may need to raise further capital, through the sale of additional equity or debt securities, to support its future operations. The Company&#8217;s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. The Company&#8217;s future capital requirements and the adequacy of its available funds will depend on many factors, including the Company&#8217;s ability to successfully commercialize its products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs in order to conserve its cash.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin-bottom: 0.001pt; width: 75%;"><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="6" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 64%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Options</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 15%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,860,084</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 15%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">786,667</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Warrants</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">61,875</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Series A Convertible Preferred Stock</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">3,232,294</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Series A-2 Convertible Preferred Stock</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">788,827</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Total potentially dilutive shares</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,921,959</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">4,807,788</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr></table></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 3 &#8211; Prepaid Expenses and Other Current Assets</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">As of June 30, 2018 and December 31, 2017, prepaid expenses and other current assets consisted of the following:</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; border-collapse: collapse; width: 74%; border-spacing: 0px;"><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">December 31,</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></td><td style="padding-bottom: 1pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></td><td style="font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="width: 906px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Prepaid insurance expenses</td><td style="width: 15px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">221,573</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">384</td><td style="width: 14px; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Prepaid patent expenses</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">21,884</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">7,833</td><td style="text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">Prepaid research and development expenses</td><td style="padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="padding-bottom: 1pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">28,932</td><td style="padding-bottom: 1pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">Total prepaid expenses and other current assets</td><td style="padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">243,457</td><td style="padding-bottom: 2.5pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">37,149</td><td style="padding-bottom: 2.5pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 4 &#8211; Accrued Expenses and Other Current Liabilities</div></div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="color: rgb(0, 0, 0); font: 10pt 'times new roman', times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">As of June 30, 2018 and December 31, 2017, accrued expenses and other current liabilities consisted of the following:</div></div><div style="color: rgb(0, 0, 0); font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; margin: 0px; text-align: justify; background: none;"><div style="text-decoration: none; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><table cellpadding="0" cellspacing="0" style="font: 10pt &quot;times new roman&quot;, times, serif; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; border-collapse: collapse; width: 74%; border-spacing: 0px;"><tr style="vertical-align: bottom;"><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">December 31,</div></div></td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom;"><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></td><td style="padding-bottom: 1pt; font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td colspan="2" style="font-size: 10pt; font-weight: normal; text-align: center; border-bottom: 1pt solid black; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></td><td style="padding-bottom: 1pt; font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: center; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; font-weight: normal; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="width: 906px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued bonus expenses</td><td style="width: 15px; font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">175,000</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="width: 212px; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="width: 14px; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued payroll expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">115,049</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued research and development expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">136,068</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">120,455</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Credit card payable</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">58,700</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">9,843</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued legal expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">19,238</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued rent expenses</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">18,000</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued professional services</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">21,823</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">41,831</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">Accrued offering costs</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">-</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">133,000</td><td style="font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"><td style="font-size: 10pt; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">Other</td><td style="font-size: 10pt; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">12,866</td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-size: 10pt; padding-bottom: 1pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">&#160;</td><td style="border-bottom: 1pt solid black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">1,134</td><td style="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr><tr style="vertical-align: bottom; background-color: white;"><td style="font-size: 10pt; text-align: left; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">Total accrued expenses and other current liabilities</td><td style="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">556,745</td><td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 0px; padding-top: 0px;">&#160;</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">$</td><td style="border-bottom: 2.5pt double black; font-size: 10pt; text-align: right; padding-left: 0px; padding-top: 0px; padding-bottom: 0px;">306,263</td><td style="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 0px; padding-top: 0px;">&#160;</td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> 221573 384 <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Note 1 &#8211; Business Organization, Nature of Operations and Basis of Presentation</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Eyenovia. Inc. (&#8220;Eyenovia&#8221; or the &#8220;Company&#8221;) is a clinical stage biopharmaceutical company developing a pipeline of ophthalmology products utilizing its patented piezo-print technology to deliver micro-doses (6&#8211;8 &#181;L) of active pharmaceutical ingredients (or &#8220;micro-therapeutics&#8221;) topically to the eye. This disruptive micro-dosing technology has the potential to replace traditional macro-dosing applications (e.g. conventional eye droppers) that routinely overdose or under-dose the topical administration of ophthalmic therapeutics.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the condensed financial statements of the Company as of June 30, 2018 and for the three and six months ended June 30, 2018 and 2017. The results of operations for the three and six months ended June 30, 2018 are not necessarily indicative of the operating results for the full year ending December 31, 2018 or any other period. These unaudited condensed financial statements should be read in conjunction with the audited financial statements and related disclosures of the Company as of December 31, 2017 and for the year then ended, which were filed with the Securities and Exchange Commission (&#8220;SEC&#8221;) on Form 10-K on April 2, 2018.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Effective January&#160;8, 2018, pursuant to authority granted by the stockholders of the Company, the Company implemented a 1-for-3.75 reverse split of the Company&#8217;s issued and outstanding common stock and preferred stock (the &#8220;Reverse Split&#8221;). The number of authorized shares was unchanged as a result of the Reverse Split. All share and per share information has been retroactively adjusted to reflect the Reverse Split for all periods presented, unless otherwise indicated.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> 21884 7833 <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Cash</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company considers all highly liquid investments with an original maturity of six months or less to be cash equivalents in the financial statements. As of June 30, 2018 and December 31, 2017, the Company had no cash equivalents.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company has cash deposits in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. As of June 30, 2018 and December 31, 2017, the Company had cash balances in excess of FDIC insurance limits of $24,311,711 and $4,999,511, respectively.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Net Loss Per Common Share</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin-bottom: 0.001pt; width: 75%;"><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="6" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">June 30,</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2018</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2017</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(unaudited)</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 64%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Options</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 15%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,860,084</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 15%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">786,667</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Warrants</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">61,875</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Series A Convertible Preferred Stock</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">3,232,294</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Series A-2 Convertible Preferred Stock</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">788,827</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Total potentially dilutive shares</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,921,959</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">4,807,788</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr></table></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> 0 28932 <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="text-decoration:underline;display:inline;">Recently Adopted Accounting Pronouncements</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In May 2017, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2017-09, &#8220;Compensation&#8212;Stock Compensation (Topic 718): Scope of Modification Accounting&#8221; (&#8220;ASU 2017-09&#8221;). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for our fiscal year ending after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company adopted this standard on January 1, 2018 and its adoption did not have a material impact on the Company&#8217;s financial position, results of operations or cash flows.</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In June 2018, the FASB issued ASU No. 2018-07, &#8220;Compensation &#8212; Stock Compensation (Topic 718),&#8221; (&#8220;ASU 2018-07&#8221;). ASU 2018-07 is intended to reduce cost and complexity of financial reporting for non-employee share-based payments. Currently, the accounting requirements for non-employee and employee share-based payments are significantly different. ASU 2018-07 expands the scope of Topic 718, which currently only includes share-based payments to employees, to include share-based payments to non-employees for goods or services. Consequently, the accounting for share-based payments to non-employees and employees will be substantially aligned. This ASU supersedes Subtopic 505-50, &#8220;Equity &#8212; Equity-Based Payments to Nonemployees&#8221;. The amendments to ASU 2018 - 07 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted, but no earlier than a company&#8217;s adoption date of ASU No. 2014-09, (Topic 606), &#8220;Revenue from Contracts with Customers&#8221;. The Company is currently evaluating ASU 2018-07 and its impact on its financial position, results of operations and cash flows.</div>&#160;</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> 243457 37149 1100000 27300000 175000 0 2211000 115049 0 -6748670 -2082940 10000000 2412164 751930 4506259 1662771 2246455 420900 908806 224949 136068 120455 10-Q false 11483 13148 58700 9843 0.0001 0.0001 3320970 976879 6752714 2083671 -6752714 -2083671 -3320970 -976879 6000000 6000000 19238 0 652088 6390 2018-06-30 2018 18000 0 289174 60000 22325 371499 0 10000000 0 20000000 0 5714286 24561711 5249511 0 788827 0 2932431 0 918983 1907 288 4044 731 P36M Q2 21823 41831 24500000 206308 15777 476622 228669 24311711 4999511 EYENOVIA, INC. 6.30 6.20 -3319063 -976591 0 918983 0 2932431 0 788827 24805168 5286660 16477 27960 0.0001 0.0001 1860084 786667 61875 0 0 3232294 0 788827 1921959 4807788 0001682639 383482 -62762 -5431303 -1913272 --12-31 90000000 90000000 0 328700 -0.33 -0.43 -0.77 -0.92 24821645 5643320 2566530 9998646 Smaller Reporting Company EYEN 0 10234 2566530 9998646 8807864 2266667 9998646 2266667 0 -10234 9998646 90000000 723006 246384 556745 306263 6000000 25089000 0 345497 0 1733333 1866667 750000 1279751 552647 2730000 24743503 0 19312200 -1923506 10.00 5249511 3387288 0 293 0 79 0 92 33200 141000 282000 75576 151152 65424 130848 92460 34884 0 0 1000 257 24561711 1463782 3087133 1231336 P2Y3M18D 49550750 24351138 3000 18000 9000 18000 9000 -26009856 -19261186 24500000 464 0 -133000 0 2800000 23541894 5090673 9567 196432 428443 373382 560125 24821645 5643320 4702116 -195700 0 250 953 3895 2018-09-14 11685 23370 11685 23370 155071 94998 68 9906 3895 0.05 41250 82500 0 0 P2Y 0 133000 The agreement shall continue in full force and effect, on a country-by-country basis, until the latest to occur of: (i) the tenth (10th) anniversary of the first commercial sale of a micro-dose product candidate in Asia; or (ii) the expiration of the licensed patents. 0.05 27300000 8.72 8.72 <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">In applying the Black-Scholes option pricing model to stock options granted, the Company used the following approximate assumptions:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; color: rgb(0, 0, 0); font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin-bottom: 0.001pt; width: 50%;"><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">For the Three and Six Months Ended</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-left-width: initial; border-left-color: initial; border-right-width: initial; border-right-color: initial; border-top: none; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">June 30, 2018</div></div></div></td><td style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">5.82 - 10.00</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Risk free interest rate</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">2.69% - 2.83</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">%</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 60%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 37%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">140</div></div></td><td style="background: rgb(204, 238, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">%</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Expected dividends</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">0.00</div></div></td><td style="background: rgb(255, 255, 255); border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; padding: 0pt 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">%</div></div></td></tr></table></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">A summary of the option activity during the six months ended June 30, 2018 is presented below:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin: 0in auto 0in 0px; width: 90%;;text-align:left;"><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted</div></div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Average</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Average</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Remaining</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Aggregate</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Number of</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Exercise</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Life</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Intrinsic</div></div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="border-top: none; border-bottom: none; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; text-align: center; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Price</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">In Years</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 11%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Value</div></div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; width: 48%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Outstanding January 1, 2018</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,684,416</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.68</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 10%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Granted</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">175,668</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.72</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Forfeited</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">-</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Outstanding June 30, 2018</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,860,084</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">2.35</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.1</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">7,780,706</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 48%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Exercisable June 30, 2018</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,116,438</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.48</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">7.3</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: left; margin: 0px 0in; line-height: normal; white-space: nowrap; text-indent: 0in;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 10%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">5,318,423</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr></table><div style="clear:both;"></div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The following table presents information related to stock options as of June 30, 2018:</div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align:left;"><table style="border-width: initial; border-top-style: none; border-bottom-style: none; border-color: initial; border-image: initial; border-collapse: collapse; margin: 0in auto 0in 0px; width: 50%;;text-align:left;"><tr><td colspan="8" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options Outstanding</div></div></div></div></td><td style="border-top: none; padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="6" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options Exercisable</div></div></div></div></td><td style="border-top: none; padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Weighted</div></div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none; white-space: nowrap;"><div style="background: none;;font-weight:bold;display:inline;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Outstanding</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Average</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Exercisable</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Exercise</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Number of</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Remaining Life</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Number of</div></div></div></div></td><td style="padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td colspan="4" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Price</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">In Years</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td style="padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td><td colspan="2" style="border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: center; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Options</div></div></div></div></td><td style="padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt;;width:;"><div style="font-size: 10pt; line-height: normal;"><div style="background: none;;font-weight:bold;display:inline;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0px; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: 0px none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 21%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.24</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 22%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">760,001</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 22%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">6.7</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: none; padding: 0in; vertical-align: bottom; width: 22%; font-size: 10pt; line-height: 10pt; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">760,001</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; width: 1%; font-size: 10pt; line-height: 10pt; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1.95</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">897,747</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">9.0</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">335,427</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">5.25</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">26,668</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.3</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">11,250</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0px 0px 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">$</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">8.72</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: 1pt solid rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">175,668</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: none; border-top: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: none; padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">9.8</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 1pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(255, 255, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 1pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-top: none; border-bottom: 1pt solid rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(255, 255, 255); border-bottom: 1pt solid rgb(0, 0, 0); border-top: none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">9,760</div></div></td><td style="background: rgb(255, 255, 255); padding: 0in 0in 0.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr><tr><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0px 0px 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-right: 0px; margin-bottom: 0px; margin-top: 0px; line-height: normal; background: none;"><div style="white-space: pre-wrap; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; border-bottom: none; border-top: none; text-align: left; vertical-align: bottom; padding: 0in 0in 2.5pt;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 21%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; background-image: none; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; white-space: nowrap;">&#160;</div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 2.5pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: 2.5pt double rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,860,084</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="padding: 0in 0in 2.5pt; background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: none; border-top: none; padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: none; border-bottom: none; padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">7.3</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 2.5pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background-color: rgb(204, 238, 255); width: 1%; vertical-align: bottom; padding: 0in 0in 2.5pt;"><div style="font-size: 10pt; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-top: 0px none; border-bottom: 2.5pt double rgb(0, 0, 0); padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td><td style="background: rgb(204, 238, 255); border-bottom: 2.5pt double rgb(0, 0, 0); border-top: 0px none; padding: 0in; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 22%; text-align: right;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; text-align: right; margin-right: 0in; margin-bottom: 0px; margin-top: 0px; line-height: normal; white-space: nowrap;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">1,116,438</div></div></td><td style="background: rgb(204, 238, 255); padding: 0in 0in 1.25pt; vertical-align: bottom; font-size: 10pt; line-height: 10pt; width: 1%; text-align: left;"><div style="font-size: 10pt; margin-left: 0in; text-indent: 0in; text-align: left; white-space: nowrap; line-height: normal; background: none;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></td></tr></table><div style="clear:both;"></div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> P5Y9M25D P10Y P5Y9M25D P10Y 0.0269 0.0269 0.0283 0.0283 1.4 1.4 1684416 175668 0 1860084 1116438 1.68 8.72 0 2.35 1.48 20165 P8Y1M6D P7Y3M18D 7780706 1.24 1.95 5.25 8.72 897747 26668 175668 760001 1860084 P7Y3M18D P6Y8M12D P9Y9M18D P8Y3M18D P9Y 3094 652088 6390 1512 12866 1134 556745 306263 5318423 1412700 0.00 0.00 335427 11250 9760 760001 1116438 1-for-3.75 P36M 175668 8.72 vest over three years from the date of grant with one-third vesting on the one-year anniversary of the date of grant and the balance vesting monthly over the remaining 24 months 3800 19633 22486 1290000 118000 iso4217:USD xbrli:shares utr:sqft xbrli:pure iso4217:USD xbrli:shares Includes gross proceeds of $27,300,000, less issuance costs of $2,211,000 deducted directly from the offering proceeds. EX-101.SCH 7 eyen-20180630.xsd XBRL TAXONOMY EXTENSION SCHEMA 1001 - Document - Document And Entity Information link:presentationLink link:definitionLink link:calculationLink 1002 - Statement - Condensed Balance Sheets link:presentationLink link:definitionLink link:calculationLink 1003 - Statement - Condensed Balance Sheets (Parenthetical) link:presentationLink link:definitionLink link:calculationLink 1004 - Statement - Condensed Statements of Operations link:presentationLink link:definitionLink link:calculationLink 1005 - Statement - Condensed Statements of Cash Flows link:presentationLink link:definitionLink link:calculationLink 1006 - Statement - Condensed Statements of Cash Flows (Parenthetical) link:presentationLink link:definitionLink link:calculationLink 1007 - Disclosure - Business Organization, Nature of Operations and Basis of Presentation link:presentationLink link:definitionLink link:calculationLink 1008 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 1009 - Disclosure - Prepaid Expenses and Other Current Assets link:presentationLink link:definitionLink link:calculationLink 1010 - Disclosure - Accrued Expenses and Other Current Liabilities link:presentationLink link:definitionLink link:calculationLink 1011 - Disclosure - Commitments and Contingencies link:presentationLink link:definitionLink link:calculationLink 1012 - Disclosure - Related Party Transactions link:presentationLink link:definitionLink link:calculationLink 1013 - Disclosure - Stockholders' Equity link:presentationLink link:definitionLink link:calculationLink 1014 - Disclosure - Subsequent Events link:presentationLink link:definitionLink link:calculationLink 1015 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:definitionLink link:calculationLink 1016 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:definitionLink link:calculationLink 1017 - Disclosure - Prepaid Expenses and Other Current Assets (Tables) link:presentationLink link:definitionLink link:calculationLink 1018 - Disclosure - Accrued Expenses and Other Current Liabilities (Tables) link:presentationLink link:definitionLink link:calculationLink 1019 - Disclosure - Stockholders' Equity (Tables) link:presentationLink link:definitionLink link:calculationLink 1020 - Disclosure - Business Organization, Nature of Operations and Basis of Presentation (Details Textual) link:presentationLink link:definitionLink link:calculationLink 1021 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:definitionLink link:calculationLink 1022 - Disclosure - Summary of Significant Accounting Policies (Details Textual) link:presentationLink link:definitionLink link:calculationLink 1023 - Disclosure - Prepaid Expenses and Other Current Assets (Details) link:presentationLink link:definitionLink link:calculationLink 1024 - Disclosure - Accrued Expenses and Other Current Liabilities (Details) link:presentationLink link:definitionLink link:calculationLink 1025 - Disclosure - Commitments and Contingencies (Details Textual) link:presentationLink link:definitionLink link:calculationLink 1026 - Disclosure - Related Party Transactions (Details Textual) link:presentationLink link:definitionLink link:calculationLink 1027 - Disclosure - Stockholders' Equity (Details) link:presentationLink link:definitionLink link:calculationLink 1028 - Disclosure - Stockholders' Equity (Details 1) link:presentationLink link:definitionLink link:calculationLink 1029 - Disclosure - Stockholders' Equity (Details 2) link:presentationLink link:definitionLink link:calculationLink 1030 - Disclosure - Stockholders' Equity (Details Textual) link:presentationLink link:definitionLink link:calculationLink 1031 - Disclosure - Subsequent Events (Details Textual) link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 8 eyen-20180630_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 9 eyen-20180630_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 10 eyen-20180630_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 11 eyen-20180630_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document And Entity Information - shares
6 Months Ended
Jun. 30, 2018
Aug. 10, 2018
Document Information [Line Items]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Jun. 30, 2018  
Document Fiscal Year Focus 2018  
Document Fiscal Period Focus Q2  
Entity Registrant Name EYENOVIA, INC.  
Entity Central Index Key 0001682639  
Current Fiscal Year End Date --12-31  
Entity Filer Category Smaller Reporting Company  
Trading Symbol EYEN  
Entity Common Stock, Shares Outstanding   9,998,646
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash $ 24,561,711 $ 5,249,511
Prepaid expenses and other current assets 243,457 37,149
Total Current Assets 24,805,168 5,286,660
Property and equipment, net 16,477 27,960
Deferred offering costs 0 328,700
Total Assets 24,821,645 5,643,320
Current Liabilities:    
Accounts payable 723,006 246,384
Accrued expenses and other current liabilities 556,745 306,263
Total Current Liabilities 1,279,751 552,647
Commitments and contingencies (Note 5)
Stockholders' Equity:    
Common stock, $0.0001 par value, 90,000,000 shares authorized; 9,998,646 and 2,566,530 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 1,000 257
Additional paid-in capital 49,550,750 24,351,138
Accumulated deficit (26,009,856) (19,261,186)
Total Stockholders' Equity 23,541,894 5,090,673
Total Liabilities and Stockholders' Equity 24,821,645 5,643,320
Series A Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Preferred Stock Value 0 293
Series A-2 Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Preferred Stock Value 0 79
Series B Convertible Preferred Stock [Member]    
Stockholders' Equity:    
Preferred Stock Value $ 0 $ 92
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Balance Sheets (Parenthetical) - $ / shares
Jun. 30, 2018
Dec. 31, 2017
Preferred Stock, Par or Stated Value Per Share $ 0.0001 $ 0.0001
Preferred Stock, Shares Authorized 6,000,000 6,000,000
Common Stock, Par or Stated Value Per Share $ 0.0001 $ 0.0001
Common Stock, Shares Authorized 90,000,000 90,000,000
Common Stock, Shares, Issued 9,998,646 2,566,530
Common Stock, Shares, Outstanding 9,998,646 2,566,530
Series A Convertible Preferred Stock [Member]    
Preferred Stock Designated Shares 0 20,000,000
Preferred Stock, Shares Issued 0 2,932,431
Preferred Stock, Shares Outstanding 0 2,932,431
Series A-2 Convertible Preferred Stock [Member]    
Preferred Stock Designated Shares 0 5,714,286
Preferred Stock, Shares Issued 0 788,827
Preferred Stock, Shares Outstanding 0 788,827
Series B Convertible Preferred Stock [Member]    
Preferred Stock Designated Shares 0 10,000,000
Preferred Stock, Shares Issued 0 918,983
Preferred Stock, Shares Outstanding 0 918,983
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating Expenses:        
Research and development $ 2,412,164 $ 751,930 $ 4,506,259 $ 1,662,771
General and administrative 908,806 224,949 2,246,455 420,900
Total Operating Expenses 3,320,970 976,879 6,752,714 2,083,671
Loss From Operations (3,320,970) (976,879) (6,752,714) (2,083,671)
Other Income:        
Interest income 1,907 288 4,044 731
Net Loss $ (3,319,063) $ (976,591) $ (6,748,670) $ (2,082,940)
Net Loss Per Share        
- Basic and Diluted $ (0.33) $ (0.43) $ (0.77) $ (0.92)
Weighted Average Number of Common Shares Outstanding        
- Basic and Diluted 9,998,646 2,266,667 8,807,864 2,266,667
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows From Operating Activities    
Net loss $ (6,748,670) $ (2,082,940)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 11,483 13,148
Stock-based compensation 652,088 6,390
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (206,308) (15,777)
Accounts payable 476,622 228,669
Accrued expenses and other current liabilities 383,482 (62,762)
Net Cash Used In Operating Activities (5,431,303) (1,913,272)
Cash Flows From Investing Activities    
Purchases of property and equipment 0 (10,234)
Net Cash Used In Investing Activities 0 (10,234)
Cash Flows From Financing Activities    
Proceeds from sale of common stock in initial public offering [1] 25,089,000 0
Payment of initial public offering issuance costs (345,497) 0
Net Cash Provided By Financing Activities 24,743,503 0
Net Increase (Decrease) in Cash 19,312,200 (1,923,506)
Cash - Beginning of Period 5,249,511 3,387,288
Cash - End of Period 24,561,711 1,463,782
Supplemental Disclosure of Non-Cash Financing Activities    
Conversion of convertible preferred stock into common stock 464 0
Reversal of previously accrued initial public offering issuance costs (133,000) 0
Reduction of additional paid-in capital for initial public offering issuance costs that were previously paid $ (195,700) $ 0
[1] Includes gross proceeds of $27,300,000, less issuance costs of $2,211,000 deducted directly from the offering proceeds.
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Statements of Cash Flows (Parenthetical)
6 Months Ended
Jun. 30, 2018
USD ($)
Stock Issued During Period, Value, New Issues $ 27,300,000
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs $ 2,211,000
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Organization, Nature of Operations and Basis of Presentation
6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
Note 1 – Business Organization, Nature of Operations and Basis of Presentation
 
Eyenovia. Inc. (“Eyenovia” or the “Company”) is a clinical stage biopharmaceutical company developing a pipeline of ophthalmology products utilizing its patented piezo-print technology to deliver micro-doses (6–8 µL) of active pharmaceutical ingredients (or “micro-therapeutics”) topically to the eye. This disruptive micro-dosing technology has the potential to replace traditional macro-dosing applications (e.g. conventional eye droppers) that routinely overdose or under-dose the topical administration of ophthalmic therapeutics.
 
The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and disclosures required by U.S. GAAP for complete financial statements. In the opinion of management, such statements include all adjustments (consisting only of normal recurring items) which are considered necessary for a fair presentation of the condensed financial statements of the Company as of June 30, 2018 and for the three and six months ended June 30, 2018 and 2017. The results of operations for the three and six months ended June 30, 2018 are not necessarily indicative of the operating results for the full year ending December 31, 2018 or any other period. These unaudited condensed financial statements should be read in conjunction with the audited financial statements and related disclosures of the Company as of December 31, 2017 and for the year then ended, which were filed with the Securities and Exchange Commission (“SEC”) on Form 10-K on April 2, 2018.
 
Effective January 8, 2018, pursuant to authority granted by the stockholders of the Company, the Company implemented a 1-for-3.75 reverse split of the Company’s issued and outstanding common stock and preferred stock (the “Reverse Split”). The number of authorized shares was unchanged as a result of the Reverse Split. All share and per share information has been retroactively adjusted to reflect the Reverse Split for all periods presented, unless otherwise indicated.
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Significant Accounting Policies [Text Block]
Note 2 – Summary of Significant Accounting Policies
 
The Company’s significant accounting policies are disclosed in Note 2 – Summary of Significant Accounting Policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017. Since the date of the Annual Report, there have been no material changes to the Company’s significant accounting policies, except as disclosed below.
 
Liquidity and Financial Condition
 
The Company has not yet generated revenues or achieved profitability and expects to continue to incur cash outflows from operations. It is expected that its research and development and general and administrative expenses will continue to increase and, as a result, the Company will eventually need to generate significant product revenues to achieve profitability. On January 29, 2018, the Company raised aggregate net proceeds of approximately $24.5 million in connection with its initial public offering (“IPO”). See Note 7 – Stockholders’ Equity – Initial Public Offering for additional details.
 
The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued. Thereafter, the Company may need to raise further capital, through the sale of additional equity or debt securities, to support its future operations. The Company’s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. The Company’s future capital requirements and the adequacy of its available funds will depend on many factors, including the Company’s ability to successfully commercialize its products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs in order to conserve its cash.
 
Cash
 
The Company considers all highly liquid investments with an original maturity of six months or less to be cash equivalents in the financial statements. As of June 30, 2018 and December 31, 2017, the Company had no cash equivalents.
 
The Company has cash deposits in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. As of June 30, 2018 and December 31, 2017, the Company had cash balances in excess of FDIC insurance limits of $24,311,711 and $4,999,511, respectively.
 
Net Loss Per Common Share
 
Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.
 
The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:
 
  
June 30,
 
  
2018
  
2017
 
  
(unaudited)
  
(unaudited)
 
Options  1,860,084   786,667 
Warrants  61,875   - 
Series A Convertible Preferred Stock  -   3,232,294 
Series A-2 Convertible Preferred Stock  -   788,827 
Total potentially dilutive shares  1,921,959   4,807,788 
 
Recently Adopted Accounting Pronouncements
 
In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” (“ASU 2017-09”). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for our fiscal year ending after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company adopted this standard on January 1, 2018 and its adoption did not have a material impact on the Company’s financial position, results of operations or cash flows.
 
In June 2018, the FASB issued ASU No. 2018-07, “Compensation — Stock Compensation (Topic 718),” (“ASU 2018-07”). ASU 2018-07 is intended to reduce cost and complexity of financial reporting for non-employee share-based payments. Currently, the accounting requirements for non-employee and employee share-based payments are significantly different. ASU 2018-07 expands the scope of Topic 718, which currently only includes share-based payments to employees, to include share-based payments to non-employees for goods or services. Consequently, the accounting for share-based payments to non-employees and employees will be substantially aligned. This ASU supersedes Subtopic 505-50, “Equity — Equity-Based Payments to Nonemployees”. The amendments to ASU 2018 - 07 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted, but no earlier than a company’s adoption date of ASU No. 2014-09, (Topic 606), “Revenue from Contracts with Customers”. The Company is currently evaluating ASU 2018-07 and its impact on its financial position, results of operations and cash flows.
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Prepaid Expenses and Other Current Assets
6 Months Ended
Jun. 30, 2018
Prepaid Expense and Other Assets [Abstract]  
Prepaid Expenses and Other Current Assets Disclosure [Text Block]
Note 3 – Prepaid Expenses and Other Current Assets
 
As of June 30, 2018 and December 31, 2017, prepaid expenses and other current assets consisted of the following:
 
  
June 30,
  
December 31,
 
  
2018
  
2017
 
  
(unaudited)
    
Prepaid insurance expenses $221,573  $384 
Prepaid patent expenses  21,884   7,833 
Prepaid research and development expenses  -   28,932 
Total prepaid expenses and other current assets $243,457  $37,149 
XML 21 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accrued Expenses and Other Current Liabilities
6 Months Ended
Jun. 30, 2018
Payables and Accruals [Abstract]  
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]
Note 4 – Accrued Expenses and Other Current Liabilities
 
As of June 30, 2018 and December 31, 2017, accrued expenses and other current liabilities consisted of the following:
 
  
June 30,
  
December 31,
 
  
2018
  
2017
 
   
(unaudited)
     
Accrued bonus expenses $175,000  $- 
Accrued payroll expenses  115,049   - 
Accrued research and development expenses  136,068   120,455 
Credit card payable  58,700   9,843 
Accrued legal expenses  19,238   - 
Accrued rent expenses  18,000   - 
Accrued professional services  21,823   41,831 
Accrued offering costs  -   133,000 
Other  12,866   1,134 
Total accrued expenses and other current liabilities $556,745  $306,263 
XML 22 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies
6 Months Ended
Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
Note 5 – Commitments and Contingencies
 
See Note 6 – Related Party Transactions for details of a lease agreement with a related party.
 
Litigations, Claims and Assessments
 
In the normal course of business, the Company may be involved in legal proceedings, claims and assessments arising in the ordinary course of business. The Company records legal costs associated with loss contingencies as incurred and accrues for all probable and estimable settlements.
 
The Company, its Chief Executive Officer and members of its Board of Directors are named as defendants in a legal proceeding filed in the United States District Court for the District of New Jersey on September 2, 2014 that has not yet been fully resolved in connection with the Company’s Asset Purchase Agreement with Corinthian Ophthalmic, Inc. (“Corinthian”). A shareholder of Corinthian, alleging a fraudulent transfer, is seeking to recover the purchase price of its Corinthian shares and other damages in aggregate amount of approximately $1.1 million. The parties are not close to agreement on a settlement, and although further discussions may occur, the parties are prepared to proceed to trial. The court conducted a pretrial conference on January 22, 2018 and entered a final pretrial order on January 23, 2018. The order provided, among other things, for a final pretrial conference to be conducted on August 15, 2018 to address objections to expert witnesses’ opinions and testimony, with objections to be submitted by July 18, 2018 and responses by August 1, 2018. Trial briefs, requests for jury instructions, and proposed voir dire questions are due on August 30, 2018. The trial is scheduled for September 20, 2018. The Company is indemnified by Corinthian and Corinthian’s applicable insurance policy provides coverage of $10 million, such that the Company does not expect to incur a material loss as a result of this litigation and, as a result, did not record a loss contingency as of June 30, 2018 or December 31, 2017, respectively.
XML 23 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]
Note 6 – Related Party Transactions
 
Consulting Agreements
 
The Company’s Chief Executive Officer as well as a member of its Board of Directors are both partners in Private Medical Equity, Inc. (“PME”). The Company and PME were parties to a consulting agreement dated November 4, 2014 that provides for the payment of $33,200 per month to PME in consulting fees for general management and strategy services. Any time spent by PME in excess of the specified amount is billed separately. During the three and six months ended June 30, 2018, the Company incurred $0 related to the agreement. During the three and six months ended June 30, 2017, the Company incurred $141,000 and $282,000, respectively, related to the agreement, of which, $75,576 and $151,152, respectively, was included within research and development expenses and $65,424 and $130,848, respectively, was included within general and administrative expenses on the condensed statements of operations. On August 1, 2017, the agreement was terminated and the Company’s Chief Executive Officer was employed full time by the Company. The Board member now bills the Company through a separate consulting agreement dated July 6, 2017 that is discussed below.
 
A company in which a member of the Company’s Board of Directors is part owner is a party to a consulting agreement with the Company dated July 6, 2017 that provides for the payment of $9,567 per month, and $250 per hour for any additional work, for advisory services performed by such director. During the three and six months ended June 30, 2018, the Company incurred $34,884 and $92,460, respectively, related to the agreement which was included within general and administrative expenses on the condensed statement of operations.
 
Lease Agreements
 
Since July 2016, the Company pays $3,000 per month to a company controlled by a member of its Board of Directors for office space in New York, New York for its Chief Executive Officer. During the three and six months ended June 30, 2018 and 2017, the Company recorded rent expense of $9,000 and $18,000, respectively, related to the office space which was included within general and administrative expenses on the condensed statements of operations.
 
The Company’s Vice President of Research and Development (“VP of R&D”) owns a company that entered into a lease agreement with the Company on September 15, 2016 to lease 953 square feet of space located in Reno, NV with respect to its research and development activities. The monthly base rent is $3,895 per month over the term of the lease and the security deposit is $3,895. The lease expires on September 14, 2018 and is subject to an extension at the option of the Company at a fixed rental rate for an additional 2-year period. The Company’s rent expense amounted to $11,685 and $23,370, respectively, for the three and six months ended June 30, 2018 and 2017.
 
Research and Development Activities
 
The VP of R&D is the sole owner and President of a company that performs contract engineering services for the Company. During the three and six months ended June 30, 2018, the Company recognized research and development expense of $196,432 and $428,443, respectively, related to services provided by such vendor. During the three and six months ended June 30, 2017, the Company recognized research and development expense of $373,382 and $560,125, respectively, related to services provided by such vendor. The Company had a liability of $155,071 and $94,998 to the vendor and a liability of $68 and $9,906 related to expenses incurred by the VP of R&D as of June 30, 2018 and December 31, 2017, respectively.
 
The Company recognized $41,250 and $82,500, respectively, of compensation expense related to the VP of R&D’s salary during the three and six months ended June 30, 2018. The Company recognized $0 of compensation expense during the three and six months ended June 30, 2017.
 
During 2015, the Company entered into a license agreement with Senju Pharmaceutical Co., Lt. (“Senju”) whereby the Company agreed to grant to Senju an exclusive, royalty-bearing license for its micro-dose product candidates for Asia to sublicense, develop, make, have made, manufacture, use, import, market, sell, and otherwise distribute the micro-dose product candidates. In consideration for the license, Senju agreed to pay to Eyenovia five percent (5%) royalties for the term of the license agreement. The agreement shall continue in full force and effect, on a country-by-country basis, until the latest to occur of: (i) the tenth (10th) anniversary of the first commercial sale of a micro-dose product candidate in Asia; or (ii) the expiration of the licensed patents. As of the date of this filing, there had been no commercial sales of a micro-dose product candidate in Asia, such that no royalties had been earned. Senju is owned by the family of a member of the Company’s Board of Directors and both beneficially own greater than 5% of the Company’s common stock.
XML 24 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
Note 7 – Stockholders’ Equity
 
Reverse Stock Split
 
Effective January 8, 2018, pursuant to authority granted by the stockholders of the Company, the Company implemented a 1-for-3.75 reverse split of the Company’s issued and outstanding common stock and preferred stock. The number of authorized shares was unchanged as a result of the reverse split. All share and per share information has been retroactively adjusted to reflect the reverse split for all periods
presented, unless otherwise indicated.
 
Authorized Capital
 
On January 29, 2018, in connection with its IPO and the conversion of all then existing preferred stock into common stock, the Company filed its Third Amended and Restated Certificate of Incorporation (the “Third Amendment”) with the Secretary of State of the State of Delaware, effective the same day. Pursuant to the Third Amendment, the Company is authorized to issue 90,000,000 shares of common stock and 6,000,000 shares of preferred stock. The holders of the Company’s common stock are entitled to one vote per share. No shares of preferred stock were designated. Pursuant to the Third Amendment, the Board of Directors is empowered, without stockholder approval, to issue preferred stock with dividend, liquidation, redemption, voting or other rights.
 
Equity Incentive Plans
 
On January 5, 2018, the Company’s Board of Directors and stockholders approved an amendment to the Company’s 2014 Equity Incentive Plan (“2014 Plan”) to increase the number of shares of common stock authorized under the 2014 Plan from 1,733,333 shares to 1,866,667 shares.
 
On March 6, 2018, the Company’s Board of Directors adopted the 2018 Omnibus Stock Incentive Plan (“2018 Plan”), subject to stockholder approval. The 2018 Plan provides for the issuance of incentive stock options, nonstatutory stock options, rights to purchase common stock, stock appreciation rights, restricted stock and restricted stock units to employees, directors and consultants of the Company and its affiliates. The 2018 Plan was approved by Company stockholders at its annual meeting of stockholders on June 11, 2018. The 2018 Plan terminates on June 11, 2028. The 2018 Plan requires the exercise price of stock options to be greater than or equal to the fair value of the Company’s common stock on the date of grant. There are 750,000 shares of common stock authorized under the 2018 Plan.
 
Conversion of Preferred Stock
 
Immediately prior to the closing of the IPO on January 29, 2018, all outstanding shares of preferred stock were automatically converted into an aggregate of 4,702,116 shares of the Company’s common stock.
 
Initial Public Offering
 
On January 29, 2018, the Company consummated its IPO of 2,730,000 shares of its common stock at an offering price of $10.00 per share, generating $27.3 million and $24.5 million in gross and net proceeds, respectively. Underwriting discounts, commissions and other offering expenses were approximately $2.8 million, which were recorded as a reduction of additional paid-in capital.
 
Stock Options
 
On April 16, 2018, the Compensation Committee of the Board of Directors approved the grant of ten-year stock options to purchase 175,668 shares of common stock to Company employees and consultants under the 2014 Plan. The stock options will vest in equal monthly increments over 36 months beginning on the one-month anniversary of the date of grant and have an exercise price of $8.72 per share, which represents the closing stock price on the date of grant. The stock options had a grant date fair value of $1,412,700, which will be recognized over the vesting period.
 
In applying the Black-Scholes option pricing model to stock options granted, the Company used the following approximate assumptions:
 
 
 
For the Three and Six Months Ended
 
 
 
June 30, 2018
 
Expected term (years)
 
 
5.82 - 10.00
 
Risk free interest rate
 
 
2.69% - 2.83
%
Expected volatility
 
 
140
%
Expected dividends
 
 
0.00
%
 
The Company has computed the fair value of stock options granted using the Black-Scholes option pricing model. Option forfeitures are accounted for at the time of occurrence. The expected term used for options issued to non-employees is usually the contractual life and the expected term used for options issued to employees and directors is the estimated period of time that options granted are expected to be outstanding. The Company utilizes the “simplified” method to develop an estimate of the expected term of “plain vanilla” employee option grants. The Company does not currently have a trading history to support its historical volatility calculations. Accordingly, the Company is utilizing an expected volatility figure based on a review of the historical volatility of comparable entities over a period of time equivalent to the expected life of the instrument being valued. The risk-free interest rate was determined from the implied yields from U.S. Treasury zero-coupon bonds with a remaining term consistent with the expected term of the instrument being valued.
 
The weighted average estimated grant date fair value of the stock options granted for the three and six months ended June 30, 2018 was approximately $8.72 per share. There were no stock options granted during the three and six months ended June 30, 2017.
 
The Company recorded stock-based compensation expense related to stock options of $652,088 and $6,390 during the six months ended June 30, 2018 and 2017, respectively. For the three months ended June 30, 2018 and 2017, the Company recorded stock-based compensation expense related to stock options of $1,512 (which includes a credit associated with the mark-to-market of non-employee options) and $3,094, respectively. As of June 30, 2018, there was $3,087,133 of unrecognized stock-based compensation expense, of which, $1,231,336 related to non-employee grants, which will be recognized over a weighted average period of 2.3 years.
 
A summary of the option activity during the six months ended June 30, 2018 is presented below:
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
Number of
 
 
Exercise
 
 
Life
 
 
Intrinsic
 
 
 
Options
 
 
Price
 
 
In Years
 
 
Value
 
Outstanding January 1, 2018
 
 
1,684,416
 
 
$
1.68
 
 
 
 
 
 
 
 
 
Granted
 
 
175,668
 
 
 
8.72
 
 
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Outstanding June 30, 2018
 
 
1,860,084
 
 
$
2.35
 
 
 
8.1
 
 
$
7,780,706
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable June 30, 2018
 
 
1,116,438
 
 
$
1.48
 
 
 
7.3
 
 
$
5,318,423
 
 
The following table presents information related to stock options as of June 30, 2018:
 
Options Outstanding
 
 
Options Exercisable
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Outstanding
 
 
Average
 
 
Exercisable
 
Exercise
 
 
Number of
 
 
Remaining Life
 
 
Number of
 
Price
 
 
Options
 
 
In Years
 
 
Options
 
$
 
 
1.24
 
 
 
760,001
 
 
 
6.7
 
 
 
760,001
 
$
 
 
1.95
 
 
 
897,747
 
 
 
9.0
 
 
 
335,427
 
$
 
 
5.25
 
 
 
26,668
 
 
 
8.3
 
 
 
11,250
 
$
 
 
8.72
 
 
 
175,668
 
 
 
9.8
 
 
 
9,760
 
 
 
 
 
 
 
 
1,860,084
 
 
 
7.3
 
 
 
1,116,438
 
XML 25 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Note 8 – Subsequent Events
 
Stock Options
 
Subsequent to June 30, 2018, the Company granted ten-year stock options to purchase an aggregate of 371,499 shares of common stock to its employees and directors under the 2018 Plan. Of the 371,499 shares, (i) 289,174
vest over three years from the date of grant with one-third vesting on the one-year anniversary of the date of grant and 
the balance vesting monthly over the remaining 24 months
, (ii)
60,000
vest monthly over
36
months
beginning on the one-month anniversary of the 
date of grant, and (iii)
22,325
vest on the earlier of the one-year anniversary of the date of grant and the 2019 annual stockholders meeting date. The stock options have exercise prices ranging from $
6.20
per share to $
6.30
per share, which represents the Company
s closing stock price on the date of grant.
 
Restricted Stock Units
 
Subsequent to June 30, 2018, the Company granted an aggregate of 20,165 restricted stock units to its directors under the 2018
  Plan which vest on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the 2019 annual stockholders meeting
.
 
Lease Agreement
 
On August 8, 2018, the Company entered into a lease agreement to lease approximately 3,800 square feet of office space in New York, New York. The monthly base rent ranges from $19,633 to $22,486 per month over the term of the lease for a total base rent lease commitment of approximately $1,290,000. The security deposit is approximately $118,000.
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Policies)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Liquidity and Financial Condition [Policy Text Block]
Liquidity and Financial Condition
 
The Company has not yet generated revenues or achieved profitability and expects to continue to incur cash outflows from operations. It is expected that its research and development and general and administrative expenses will continue to increase and, as a result, the Company will eventually need to generate significant product revenues to achieve profitability. On January 29, 2018, the Company raised aggregate net proceeds of approximately $24.5 million in connection with its initial public offering (“IPO”). See Note 7 – Stockholders’ Equity – Initial Public Offering for additional details.
 
The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued. Thereafter, the Company may need to raise further capital, through the sale of additional equity or debt securities, to support its future operations. The Company’s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. The Company’s future capital requirements and the adequacy of its available funds will depend on many factors, including the Company’s ability to successfully commercialize its products and services, competing technological and market developments, and the need to enter into collaborations with other companies or acquire other companies or technologies to enhance or complement our product and service offerings. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs in order to conserve its cash.
Cash and Cash Equivalents, Policy [Policy Text Block]
Cash
 
The Company considers all highly liquid investments with an original maturity of six months or less to be cash equivalents in the financial statements. As of June 30, 2018 and December 31, 2017, the Company had no cash equivalents.
 
The Company has cash deposits in several financial institutions which, at times, may be in excess of Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced losses in such accounts and periodically evaluates the creditworthiness of its financial institutions. As of June 30, 2018 and December 31, 2017, the Company had cash balances in excess of FDIC insurance limits of $24,311,711 and $4,999,511, respectively.
Earnings Per Share, Policy [Policy Text Block]
Net Loss Per Common Share
 
Basic net loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other instruments to issue common stock were exercised or converted into common stock.
 
The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:
 
 
 
June 30,
 
 
 
2018
 
 
2017
 
 
 
(unaudited)
 
 
(unaudited)
 
Options
 
 
1,860,084
 
 
 
786,667
 
Warrants
 
 
61,875
 
 
 
-
 
Series A Convertible Preferred Stock
 
 
-
 
 
 
3,232,294
 
Series A-2 Convertible Preferred Stock
 
 
-
 
 
 
788,827
 
Total potentially dilutive shares
 
 
1,921,959
 
 
 
4,807,788
 
New Accounting Pronouncements, Policy [Policy Text Block]
Recently Adopted Accounting Pronouncements
 
In May 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” (“ASU 2017-09”). ASU 2017-09 provides clarity on the accounting for modifications of stock-based awards. ASU 2017-09 requires adoption on a prospective basis in the annual and interim periods for our fiscal year ending after December 15, 2017 for share-based payment awards modified on or after the adoption date. The Company adopted this standard on January 1, 2018 and its adoption did not have a material impact on the Company’s financial position, results of operations or cash flows.
 
In June 2018, the FASB issued ASU No. 2018-07, “Compensation — Stock Compensation (Topic 718),” (“ASU 2018-07”). ASU 2018-07 is intended to reduce cost and complexity of financial reporting for non-employee share-based payments. Currently, the accounting requirements for non-employee and employee share-based payments are significantly different. ASU 2018-07 expands the scope of Topic 718, which currently only includes share-based payments to employees, to include share-based payments to non-employees for goods or services. Consequently, the accounting for share-based payments to non-employees and employees will be substantially aligned. This ASU supersedes Subtopic 505-50, “Equity — Equity-Based Payments to Nonemployees”. The amendments to ASU 2018 - 07 are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted, but no earlier than a company’s adoption date of ASU No. 2014-09, (Topic 606), “Revenue from Contracts with Customers”. The Company is currently evaluating ASU 2018-07 and its impact on its financial position, results of operations and cash flows.
 
XML 27 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2018
Accounting Policies [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following securities are excluded from the calculation of weighted average diluted common shares because their inclusion would have been anti-dilutive:
 
 
 
June 30,
 
 
 
2018
 
 
2017
 
 
 
(unaudited)
 
 
(unaudited)
 
Options
 
 
1,860,084
 
 
 
786,667
 
Warrants
 
 
61,875
 
 
 
-
 
Series A Convertible Preferred Stock
 
 
-
 
 
 
3,232,294
 
Series A-2 Convertible Preferred Stock
 
 
-
 
 
 
788,827
 
Total potentially dilutive shares
 
 
1,921,959
 
 
 
4,807,788
 
XML 28 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Prepaid Expenses and Other Current Assets (Tables)
6 Months Ended
Jun. 30, 2018
Prepaid Expense and Other Assets [Abstract]  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]
Note 3 – Prepaid Expenses and Other Current Assets
 
As of June 30, 2018 and December 31, 2017, prepaid expenses and other current assets consisted of the following:
 
  
June 30,
  
December 31,
 
  
2018
  
2017
 
  
(unaudited)
    
Prepaid insurance expenses $221,573  $384 
Prepaid patent expenses  21,884   7,833 
Prepaid research and development expenses  -   28,932 
Total prepaid expenses and other current assets $243,457  $37,149 
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accrued Expenses and Other Current Liabilities (Tables)
6 Months Ended
Jun. 30, 2018
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
Note 4 – Accrued Expenses and Other Current Liabilities
 
As of June 30, 2018 and December 31, 2017, accrued expenses and other current liabilities consisted of the following:
 
  
June 30,
  
December 31,
 
  
2018
  
2017
 
   
(unaudited)
     
Accrued bonus expenses $175,000  $- 
Accrued payroll expenses  115,049   - 
Accrued research and development expenses  136,068   120,455 
Credit card payable  58,700   9,843 
Accrued legal expenses  19,238   - 
Accrued rent expenses  18,000   - 
Accrued professional services  21,823   41,831 
Accrued offering costs  -   133,000 
Other  12,866   1,134 
Total accrued expenses and other current liabilities $556,745  $306,263 
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
In applying the Black-Scholes option pricing model to stock options granted, the Company used the following approximate assumptions:
 
 
 
For the Three and Six Months Ended
 
 
 
June 30, 2018
 
Expected term (years)
 
 
5.82 - 10.00
 
Risk free interest rate
 
 
2.69% - 2.83
%
Expected volatility
 
 
140
%
Expected dividends
 
 
0.00
%
Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the option activity during the six months ended June 30, 2018 is presented below:
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
Weighted
 
 
Average
 
 
 
 
 
 
 
 
 
Average
 
 
Remaining
 
 
Aggregate
 
 
 
Number of
 
 
Exercise
 
 
Life
 
 
Intrinsic
 
 
 
Options
 
 
Price
 
 
In Years
 
 
Value
 
Outstanding January 1, 2018
 
 
1,684,416
 
 
$
1.68
 
 
 
 
 
 
 
 
 
Granted
 
 
175,668
 
 
 
8.72
 
 
 
 
 
 
 
 
 
Forfeited
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
Outstanding June 30, 2018
 
 
1,860,084
 
 
$
2.35
 
 
 
8.1
 
 
$
7,780,706
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable June 30, 2018
 
 
1,116,438
 
 
$
1.48
 
 
 
7.3
 
 
$
5,318,423
 
Schedule Of Share Based Compensation Shares Outstanding UnderStock Option Plans By Exercise Price Range [Table Text Block]
The following table presents information related to stock options as of June 30, 2018:
 
Options Outstanding
 
 
Options Exercisable
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
Outstanding
 
 
Average
 
 
Exercisable
 
Exercise
 
 
Number of
 
 
Remaining Life
 
 
Number of
 
Price
 
 
Options
 
 
In Years
 
 
Options
 
$
 
 
1.24
 
 
 
760,001
 
 
 
6.7
 
 
 
760,001
 
$
 
 
1.95
 
 
 
897,747
 
 
 
9.0
 
 
 
335,427
 
$
 
 
5.25
 
 
 
26,668
 
 
 
8.3
 
 
 
11,250
 
$
 
 
8.72
 
 
 
175,668
 
 
 
9.8
 
 
 
9,760
 
 
 
 
 
 
 
 
1,860,084
 
 
 
7.3
 
 
 
1,116,438
 
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Organization, Nature of Operations and Basis of Presentation (Details Textual)
1 Months Ended
Jul. 31, 2018
Stockholders' Equity, Reverse Stock Split 1-for-3.75
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Details) - shares
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 1,921,959 4,807,788
Warrants    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 61,875 0
Options    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 1,860,084 786,667
Series A Convertible Preferred Stock [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 3,232,294
Series A-2 Convertible Preferred Stock [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 788,827
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Details Textual) - USD ($)
1 Months Ended
Jan. 29, 2018
Jun. 30, 2018
Dec. 31, 2017
Proceeds from Issuance Initial Public Offering $ 24,500,000    
Cash, Uninsured Amount   $ 24,311,711 $ 4,999,511
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Prepaid Expenses and Other Current Assets (Details) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Prepaid Expense and Other Assets [Abstract]    
Prepaid insurance expenses $ 221,573 $ 384
Prepaid patent expenses 21,884 7,833
Prepaid research and development expenses 0 28,932
Total prepaid expenses and other current assets $ 243,457 $ 37,149
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accrued Expenses and Other Current Liabilities (Details) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Accrued bonus expenses $ 175,000 $ 0
Accrued payroll expenses 115,049 0
Accrued research and development expenses 136,068 120,455
Credit card payable 58,700 9,843
Accrued legal expenses 19,238 0
Accrued rent expenses 18,000 0
Accrued professional services 21,823 41,831
Accrued offering costs 0 133,000
Other 12,866 1,134
Total accrued expenses and other current liabilities $ 556,745 $ 306,263
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies (Details Textual)
$ in Millions
6 Months Ended
Jun. 30, 2018
USD ($)
Loss Contingency, Damages Sought, Value $ 1.1
Malpractice Loss Contingency, Insurance Recoveries $ 10.0
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions (Details Textual)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jul. 06, 2017
USD ($)
Sep. 15, 2016
USD ($)
ft²
Jul. 31, 2016
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2015
Share-based Compensation           $ 652,088 $ 6,390    
Lessee, Operating Lease, Renewal Term       2 years   2 years      
Minority Interest Ownership Percentage In Company               5.00%  
Vice President of Research and Development [Member]                  
Cost Of Services Engineering Services       $ 196,432 $ 373,382 $ 428,443 560,125    
Net Rentable Area | ft²   953              
Lease, Monthly Base Rent   $ 3,895              
Lessee, Operating Lease, Expiry date   Sep. 14, 2018              
Operating Lease, Expense       11,685 23,370 11,685 23,370    
Security Deposit       3,895   3,895      
Share-based Compensation       41,250 0 82,500 0    
Senju Pharmaceutical Co [Member]                  
Royalty Percentage                 5.00%
License Agreement Expiry Period Description                 The agreement shall continue in full force and effect, on a country-by-country basis, until the latest to occur of: (i) the tenth (10th) anniversary of the first commercial sale of a micro-dose product candidate in Asia; or (ii) the expiration of the licensed patents.
Research and Development Expense [Member] | Vice President of Research and Development [Member]                  
Due to Related Parties       155,071   155,071   $ 94,998  
Related to expenses incurred           68   $ 9,906  
Chief Executive Officer [Member]                  
Office space expenses     $ 3,000            
Operating Leases, Rent Expense       9,000 18,000 9,000 18,000    
Cura Partners [Member] | Consulting Agreement [Member]                  
Consulting agreement payment, Per month $ 9,567                
Consulting agreement payment, Per hour $ 250                
Cura Partners [Member] | General and Administrative Expense [Member] | Consulting Agreement [Member]                  
Related Party Transaction, Expenses from Transactions with Related Party       34,884   92,460      
Private Medical Equity, Inc. [Member]                  
Consulting Fee           33,200      
Private Medical Equity, Inc. [Member] | Consulting Agreement [Member]                  
Related Party Transaction, Expenses from Transactions with Related Party       $ 0 141,000 $ 0 282,000    
Private Medical Equity, Inc. [Member] | Research and Development Expense [Member] | Consulting Agreement [Member]                  
Related Party Transaction, Expenses from Transactions with Related Party         75,576   151,152    
Private Medical Equity, Inc. [Member] | General and Administrative Expense [Member] | Consulting Agreement [Member]                  
Related Party Transaction, Expenses from Transactions with Related Party         $ 65,424   $ 130,848    
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2018
Risk free interest rate, Minimum 2.69% 2.69%
Risk free interest rate, Maximum 2.83% 2.83%
Expected volatility 140.00% 140.00%
Expected dividends 0.00% 0.00%
Maximum [Member]    
Expected term (years) 10 years 10 years
Minimum [Member]    
Expected term (years) 5 years 9 months 25 days 5 years 9 months 25 days
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Details 1) - USD ($)
1 Months Ended 6 Months Ended
Apr. 16, 2018
Jun. 30, 2018
Number of Options Outstanding | Shares   1,684,416
Number of Options Granted | Shares 175,668 175,668
Number of Options Forfeited | Shares   0
Number of Options Outstanding | Shares   1,860,084
Number of Options Exercisable | Shares   1,116,438
Weighted Average Exercise Price, Outstanding | $ / Shares   $ 1.68
Weighted Average Exercise Price, Granted | $ / Shares $ 8.72 8.72
Weighted Average Exercise Price, Forfeited | $ / Shares   0
Weighted Average Exercise Price, Outstanding | $ / Shares   2.35
Weighted Average Exercise Price, Exercisable | $ / Shares   $ 1.48
Weighted Average Remaining Life In Years, Outstanding   8 years 1 month 6 days
Weighted Average Remaining Life In Years, Exercisable   7 years 3 months 18 days
Aggregate Intrinsic Value, Outstanding | $   $ 7,780,706
Aggregate Intrinsic Value, Exercisable | $   $ 5,318,423
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Details 2)
6 Months Ended
Jun. 30, 2018
$ / shares
shares
Options Outstanding, Outstanding Number of Options 1,860,084
Options Exercisable, Weighted Average Remaining Life In Years 7 years 3 months 18 days
Options Exercisable, Exercisable Number of Options 1,116,438
Exercise Price 1.24 [Member]  
Options Outstanding, Outstanding Exercise Price | $ / shares $ 1.24
Options Outstanding, Outstanding Number of Options 760,001
Options Exercisable, Weighted Average Remaining Life In Years 6 years 8 months 12 days
Options Exercisable, Exercisable Number of Options 760,001
Exercise Price 1.95 [Member]  
Options Outstanding, Outstanding Exercise Price | $ / shares $ 1.95
Options Outstanding, Outstanding Number of Options 897,747
Options Exercisable, Weighted Average Remaining Life In Years 9 years
Options Exercisable, Exercisable Number of Options 335,427
Exercise Price 5.25 [Member]  
Options Outstanding, Outstanding Exercise Price | $ / shares $ 5.25
Options Outstanding, Outstanding Number of Options 26,668
Options Exercisable, Weighted Average Remaining Life In Years 8 years 3 months 18 days
Options Exercisable, Exercisable Number of Options 11,250
Exercise Price 8.72 [Member]  
Options Outstanding, Outstanding Exercise Price | $ / shares $ 8.72
Options Outstanding, Outstanding Number of Options 175,668
Options Exercisable, Weighted Average Remaining Life In Years 9 years 9 months 18 days
Options Exercisable, Exercisable Number of Options 9,760
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Details Textual) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Apr. 16, 2018
Jan. 29, 2018
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Mar. 06, 2018
Jan. 05, 2018
Dec. 31, 2017
Common Stock, Shares Authorized   90,000,000 90,000,000   90,000,000       90,000,000
Preferred Stock, Shares Authorized   6,000,000 6,000,000   6,000,000       6,000,000
Stock Issued During Period, Shares, New Issues   2,730,000              
Shares Issued, Price Per Share   $ 10.00              
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options     $ 3,087,133   $ 3,087,133        
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition         2 years 3 months 18 days        
Net Proceeds from Issuance of Common Stock   $ 24,500,000              
Payment of Financing and Stock Issuance Costs   $ 2,800,000              
Convertible Preferred Stock, Shares Issued upon Conversion   4,702,116              
Gross Proceeds Of Stock Value Issued During Period   $ 27,300,000              
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value     $ 8.72   $ 8.72        
Allocated Share-based Compensation Expense     $ 1,512 $ 3,094 $ 652,088 $ 6,390      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value $ 1,412,700                
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period 36 months                
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross 175,668       175,668        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price $ 8.72       $ 8.72        
Non-Employee Grants [Member]                  
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options     $ 1,231,336   $ 1,231,336        
2014 Equity Incentive Plan [Member] | Maximum [Member]                  
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized               1,866,667  
2014 Equity Incentive Plan [Member] | Minimum [Member]                  
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized               1,733,333  
Omnibus Stock Incentive Plan 2018 [Member]                  
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized             750,000    
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events (Details Textual)
1 Months Ended 6 Months Ended
Aug. 08, 2018
USD ($)
ft²
Jul. 31, 2018
$ / shares
shares
Apr. 16, 2018
$ / shares
shares
Jun. 30, 2018
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross     175,668 175,668
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period     36 months  
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares     $ 8.72 $ 8.72
Subsequent Event [Member]        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross   371,499    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period   20,165    
Share-based Compensation Arrangement by Share-based Payment Award, Description   vest over three years from the date of grant with one-third vesting on the one-year anniversary of the date of grant and the balance vesting monthly over the remaining 24 months    
Subsequent Event [Member] | Lease Agreement [Member]        
Area of Land | ft² 3,800      
Operating Leases Rent Commitment Amount | $ $ 1,290,000      
Security Deposit | $ 118,000      
Subsequent Event [Member] | Maximum [Member]        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares   $ 6.30    
Subsequent Event [Member] | Maximum [Member] | Lease Agreement [Member]        
Operating Leases, Rent Expense, Net | $ 22,486      
Subsequent Event [Member] | Minimum [Member]        
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares   $ 6.20    
Subsequent Event [Member] | Minimum [Member] | Lease Agreement [Member]        
Operating Leases, Rent Expense, Net | $ $ 19,633      
Subsequent Event [Member] | Share-based Compensation Award, Tranche One [Member]        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross   289,174    
Subsequent Event [Member] | Share-based Compensation Award, Tranche Two [Member]        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross   60,000    
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period   36 months    
Subsequent Event [Member] | Share-based Compensation Award, Tranche Three [Member]        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross   22,325    
EXCEL 43 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 45 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 47 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 81 156 1 true 28 0 false 5 false false R1.htm 1001 - Document - Document And Entity Information Sheet http://www.eyenoviabio.com/role/DocumentAndEntityInformation Document And Entity Information Cover 1 false false R2.htm 1002 - Statement - Condensed Balance Sheets Sheet http://www.eyenoviabio.com/role/CondensedBalanceSheets Condensed Balance Sheets Statements 2 false false R3.htm 1003 - Statement - Condensed Balance Sheets (Parenthetical) Sheet http://www.eyenoviabio.com/role/CondensedBalanceSheetsParenthetical Condensed Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1004 - Statement - Condensed Statements of Operations Sheet http://www.eyenoviabio.com/role/CondensedStatementsOfOperations Condensed Statements of Operations Statements 4 false false R5.htm 1005 - Statement - Condensed Statements of Cash Flows Sheet http://www.eyenoviabio.com/role/CondensedStatementsOfCashFlows Condensed Statements of Cash Flows Statements 5 false false R6.htm 1006 - Statement - Condensed Statements of Cash Flows (Parenthetical) Sheet http://www.eyenoviabio.com/role/CondensedStatementsOfCashFlowsParenthetical Condensed Statements of Cash Flows (Parenthetical) Statements 6 false false R7.htm 1007 - Disclosure - Business Organization, Nature of Operations and Basis of Presentation Sheet http://www.eyenoviabio.com/role/BusinessOrganizationNatureOfOperationsAndBasisOfPresentation Business Organization, Nature of Operations and Basis of Presentation Notes 7 false false R8.htm 1008 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 8 false false R9.htm 1009 - Disclosure - Prepaid Expenses and Other Current Assets Sheet http://www.eyenoviabio.com/role/PrepaidExpensesAndOtherCurrentAssets Prepaid Expenses and Other Current Assets Notes 9 false false R10.htm 1010 - Disclosure - Accrued Expenses and Other Current Liabilities Sheet http://www.eyenoviabio.com/role/AccruedExpensesAndOtherCurrentLiabilities Accrued Expenses and Other Current Liabilities Notes 10 false false R11.htm 1011 - Disclosure - Commitments and Contingencies Sheet http://www.eyenoviabio.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 11 false false R12.htm 1012 - Disclosure - Related Party Transactions Sheet http://www.eyenoviabio.com/role/RelatedPartyTransactions Related Party Transactions Notes 12 false false R13.htm 1013 - Disclosure - Stockholders' Equity Sheet http://www.eyenoviabio.com/role/StockholdersEquity Stockholders' Equity Notes 13 false false R14.htm 1014 - Disclosure - Subsequent Events Sheet http://www.eyenoviabio.com/role/SubsequentEvents Subsequent Events Notes 14 false false R15.htm 1015 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPolicies 15 false false R16.htm 1016 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPolicies 16 false false R17.htm 1017 - Disclosure - Prepaid Expenses and Other Current Assets (Tables) Sheet http://www.eyenoviabio.com/role/PrepaidExpensesAndOtherCurrentAssetsTables Prepaid Expenses and Other Current Assets (Tables) Tables http://www.eyenoviabio.com/role/PrepaidExpensesAndOtherCurrentAssets 17 false false R18.htm 1018 - Disclosure - Accrued Expenses and Other Current Liabilities (Tables) Sheet http://www.eyenoviabio.com/role/AccruedExpensesAndOtherCurrentLiabilitiesTables Accrued Expenses and Other Current Liabilities (Tables) Tables http://www.eyenoviabio.com/role/AccruedExpensesAndOtherCurrentLiabilities 18 false false R19.htm 1019 - Disclosure - Stockholders' Equity (Tables) Sheet http://www.eyenoviabio.com/role/StockholdersEquityTables Stockholders' Equity (Tables) Tables http://www.eyenoviabio.com/role/StockholdersEquity 19 false false R20.htm 1020 - Disclosure - Business Organization, Nature of Operations and Basis of Presentation (Details Textual) Sheet http://www.eyenoviabio.com/role/BusinessOrganizationNatureOfOperationsAndBasisOfPresentationDetailsTextual Business Organization, Nature of Operations and Basis of Presentation (Details Textual) Details http://www.eyenoviabio.com/role/BusinessOrganizationNatureOfOperationsAndBasisOfPresentation 20 false false R21.htm 1021 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPoliciesTables 21 false false R22.htm 1022 - Disclosure - Summary of Significant Accounting Policies (Details Textual) Sheet http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPoliciesDetailsTextual Summary of Significant Accounting Policies (Details Textual) Details http://www.eyenoviabio.com/role/SummaryOfSignificantAccountingPoliciesTables 22 false false R23.htm 1023 - Disclosure - Prepaid Expenses and Other Current Assets (Details) Sheet http://www.eyenoviabio.com/role/PrepaidExpensesAndOtherCurrentAssetsDetails Prepaid Expenses and Other Current Assets (Details) Details http://www.eyenoviabio.com/role/PrepaidExpensesAndOtherCurrentAssetsTables 23 false false R24.htm 1024 - Disclosure - Accrued Expenses and Other Current Liabilities (Details) Sheet http://www.eyenoviabio.com/role/AccruedExpensesAndOtherCurrentLiabilitiesDetails Accrued Expenses and Other Current Liabilities (Details) Details http://www.eyenoviabio.com/role/AccruedExpensesAndOtherCurrentLiabilitiesTables 24 false false R25.htm 1025 - Disclosure - Commitments and Contingencies (Details Textual) Sheet http://www.eyenoviabio.com/role/CommitmentsAndContingenciesDetailsTextual Commitments and Contingencies (Details Textual) Details http://www.eyenoviabio.com/role/CommitmentsAndContingencies 25 false false R26.htm 1026 - Disclosure - Related Party Transactions (Details Textual) Sheet http://www.eyenoviabio.com/role/RelatedPartyTransactionsDetailsTextual Related Party Transactions (Details Textual) Details http://www.eyenoviabio.com/role/RelatedPartyTransactions 26 false false R27.htm 1027 - Disclosure - Stockholders' Equity (Details) Sheet http://www.eyenoviabio.com/role/StockholdersEquityDetails Stockholders' Equity (Details) Details http://www.eyenoviabio.com/role/StockholdersEquityTables 27 false false R28.htm 1028 - Disclosure - Stockholders' Equity (Details 1) Sheet http://www.eyenoviabio.com/role/StockholdersEquityDetails1 Stockholders' Equity (Details 1) Details http://www.eyenoviabio.com/role/StockholdersEquityTables 28 false false R29.htm 1029 - Disclosure - Stockholders' Equity (Details 2) Sheet http://www.eyenoviabio.com/role/StockholdersEquityDetails2 Stockholders' Equity (Details 2) Details http://www.eyenoviabio.com/role/StockholdersEquityTables 29 false false R30.htm 1030 - Disclosure - Stockholders' Equity (Details Textual) Sheet http://www.eyenoviabio.com/role/StockholdersEquityDetailsTextual Stockholders' Equity (Details Textual) Details http://www.eyenoviabio.com/role/StockholdersEquityTables 30 false false R31.htm 1031 - Disclosure - Subsequent Events (Details Textual) Sheet http://www.eyenoviabio.com/role/SubsequentEventsDetailsTextual Subsequent Events (Details Textual) Details http://www.eyenoviabio.com/role/SubsequentEvents 31 false false All Reports Book All Reports eyen-20180630.xml eyen-20180630.xsd eyen-20180630_cal.xml eyen-20180630_def.xml eyen-20180630_lab.xml eyen-20180630_pre.xml http://fasb.org/us-gaap/2018-01-31 http://xbrl.sec.gov/dei/2018-01-31 http://fasb.org/srt/2018-01-31 true true ZIP 49 0001144204-18-044570-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001144204-18-044570-xbrl.zip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end