Subsequent Events |
6 Months Ended |
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Jun. 30, 2017 | |
Notes to Financial Statements | |
Note 8. Subsequent Events |
Equity Transactions
On July 12, 2017, the Company filed a prospectus supplement to register an additional approximate $1.6 million under a new ATM agreement with FBR Capital Markets & Co. and MLV, signed on July 12, 2017. For the period from July 1, 2017 to the date of this filing, the Company sold approximately 0.6 million shares for total net proceeds of approximately $0.7 million
On July 12, 2017, an investor exercised warrants that were issued on June 28, 2016, in a cashless exercise transaction. 295,267 warrants were exercised in exchange for 286,584 shares of the Companys common stock. |