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Stock Option Plans, Shares Reserved and Warrants (Tables)

6 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock option activity

The following summarizes the stock option activity for the six months ended June 30, 2017 below:

											Weighted Average Remaining
			2009 Equity Incentive Plan				Weighted Average Exercise Price				Contract Life
	Outstanding Options as of December 31, 2016			4,320,409			$	6.06			7.98 years

	Options Granted			2,221,750				3.26			9.68 years
	Options Exercised			(833	)			3.35			—
	Options Cancelled/Expired			(141,677	)			6.35			—

	Outstanding Options as of June 30, 2017			6,399,649			$	5.09			8.40 years

	Exercisable at June 30, 2017			2,966,509			$	5.65			7.36 years

Schedule of warrants outstanding

The following summarizes warrants outstanding at June 30, 2017:

		Warrant				Exercise Price				Date		Expiration
		Shares				Per Share				Issued		Date
Old Adamis Warrants			58,824			$	8.50			November 15, 2007		November 15, 2017
2013 Investor Warrants			22,057			$	12.16			June 26, 2013		June 26, 2018
Underwriter Warrants			28,108			$	7.44			December 12, 2013		December 12, 2018
Underwriter Warrants			4,217			$	7.44			January 16, 2014		January 16, 2019
Preferred Stock Series A Warrants			1,418,439			$	3.40			August 19, 2014		August 19, 2019
Preferred Stock Series A-1 Warrants			1,183,432			$	4.10			January 26, 2016		January 26, 2021
Bear State Bank, Collateral to Line of Credit			1,000,000	*		$	0.0001			March 28, 2016
Preferred Stock Series A-2 Warrants			1,724,137			$	2.90			July 11, 2016		July 11, 2021
2016 Common Stock, Private Placement			3,465,500			$	2.98			August 3, 2016		August 3, 2021
Total Warrants			8,904,714

*Exercisable upon default of Line of Credit at Bear State Bank, please see Note 7.

Schedule of reserved shares of common stock for issuance upon conversion or exercise

At June 30, 2017, the Company has reserved shares of common stock for issuance upon exercise of outstanding options and warrants, convertible preferred stock shares, and options and other awards that may be granted in the future under the 2009 Equity Incentive Plan, as follows:

Warrants			8,904,714
Restricted Stock Units (RSU)			1,300,000
2009 Equity Incentive Plan			6,399,649
Total Shares Reserved			16,604,363

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

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