Warrants

12 Months Ended

Dec. 31, 2017

Warrants

Warrants

12. Warrants

There were no warrants outstanding as of December 31, 2016. Warrants outstanding and warrant activity for the year ended December 31, 2017 are as follows:

Description	Classification	Exercise Price		Expiration Date	Warrants Issued		Warrants Exercised			Warrants Cancelled/ Expired			Balance December 31, 2017
Private Placement Warrants, issued January 25, 2017	Equity	$	4.69	June 2022		855,000		-			-			855,000
RedPath Warrants, issued March 22, 2017	Equity	$	4.69	September 2022		100,000		-			-			100,000
Pre-Funded Warrants, issued June 21, 2017	Liability	$	0.01	None		2,600,000		(2,600,000	)		-			-
Underwriters Warrants, issued June 21, 2017	Liability	$	1.32	December 2022		575,000		-			(40,000	)		535,000
Base & Overallotment Warrants, issued June 21, 2017	Equity	$	1.25	June 2022		14,375,000		(5,672,852	)		-			8,702,148
Vendor Warrants, issued August 6, 2017	Equity	$	1.25	August 2020		150,000		-			-			150,000
Warrants issued October 12, 2017	Equity	$	1.80	April 2022		3,200,000		-			-			3,200,000
						21,855,000		(8,272,852	)		(40,000	)		13,542,148