Capital Stock (Tables)

6 Months Ended

Jun. 30, 2016

Authorized, Issued and Reserved shares of common stock

As of June 30, 2016 the Company has 173,029,840 shares of common stock outstanding and the following shares of common stock are reserved for issuance:

 

	Reserved for issuance		Strike  Price		Expiry
Shares reserved under outstanding stock options and options available for grant		52,107,279
Rights associated with Employee Stock Purchase Plan		157,454
Warrants to purchase common stock associated with December 2014 private placement		50,189,431	$	0.1003	Dec 23, 2021
Warrants to purchase common stock associated with December 2014 venture loan and security agreement		2,492,523	$	0.1003	Dec 23, 2024
Warrants to purchase common stock associated with September 2014 consulting agreement with Danforth Advisors		100,000	$	0.2500	Sept 8, 2024
Outstanding warrants issued in June 2012		437,158	$	0.2745	June 29, 2017
Outstanding warrants issued in May 2013, vesting May 2013		20,655,737	$	0.2745	May 17, 2020
Outstanding warrants issued in May 2013, vesting August 2013		14,426,230	$	0.2745	Aug 9, 2020
Total common shares reserved for issuance at June 30, 2016		140,565,812
Total common shares issued and outstanding at June 30, 2016		173,029,840
Total common shares outstanding and reserved for issuance at June 30, 2016		313,595,652