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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Schedule of Shares Subject to Option Awards Outstanding

At September 30, 2016, the following shares were subject to option awards outstanding under the 2005 Equity Incentive Plan:

Plan

 

Shares

Outstanding

 

 

Shares

Available

for Issuance

 

2005 Equity Incentive Plan

 

 

17,000

 

 

 

 

 

Summary of Stock Option and Warrant Activity under 2005 Equity Incentive Plan and Warrants Issued Outside of Plan to Employees and Consultants

The following is a summary of stock option and warrant activity under the 2005 Equity Incentive Plan as well as the warrants issued outside of the plan to employees and consultants, during the nine months ended September 30, 2016:

 

 

Number of

Options or

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Life

(in years)

 

Balance outstanding, December 31,  2015

 

 

7,337,598

 

 

$

0.94

 

 

 

8.62

 

Granted

 

 

4,823,736

 

 

 

0.71

 

 

 

 

Cancelled (unvested)

 

 

 

 

 

 

 

 

 

Expired (vested)

 

 

(45,000

)

 

 

32.67

 

 

 

 

Balance outstanding, September 30, 2016

 

 

12,116,334

 

 

$

0.73

 

 

 

7.92

 

Balance exercisable, September 30, 2016

 

 

12,109,330

 

 

$

0.73

 

 

 

7.92

 

 

Summary of Outstanding Warrants

The following table summarizes outstanding warrants as of September 30, 2016:

 

 

Number of

Warrants

 

 

Weighted

Average

Exercise

Price

 

 

Weighted

Average

Remaining

Contractual

Life

(in years)

 

Balance outstanding, December 31, 2015

 

 

716,748

 

 

$

15.98

 

 

 

0.20

 

Warrants expired

 

 

(716,748

)

 

 

15.98

 

 

 

 

Balance outstanding, September 30, 2016

 

 

 

 

$

 

 

 

 

Warrants exercisable at September 30, 2016

 

 

 

 

$