The summary of activity for Augmes warrants is presented below:
Number of Warrants |
Weighted Average Exercise Price |
Average Remaining Contractual Term (In Years) |
||||||||||
Warrants outstanding at February 28, 2010 | 5,663,011 | $ | 1.60 | 1.67 | ||||||||
Granted | 11,762,087 | 2.70 | ||||||||||
Exercised | (4,943,939 | ) | 0.93 | |||||||||
Forfeited, cancelled and expired | (1,800,178 | ) | 1.37 | |||||||||
Warrants outstanding at February 28, 2011 | 10,680,981 | 1.63 | 1.87 | |||||||||
Granted | 2,177,724 | 2.58 | ||||||||||
Exercised | (1,833,920 | ) | 1.17 | |||||||||
Forfeited, cancelled and expired | (237,144 | ) | 3.90 | |||||||||
Warrants outstanding at February 29, 2012 | 10,787,641 | 1.86 | 2.80 | |||||||||
Granted | 10,222,330 | 0.82 | ||||||||||
Exercised | (1,000,000 | ) | 1.00 | |||||||||
Forfeited, cancelled and expired | (838,867 | ) | 2.48 | |||||||||
Warrants outstanding at February 28, 2013 | 19,171,104 | 1.32 | 3.53 | |||||||||
Warrants exercisable and outstanding at February 28, 2013 | 18,346,103 | $ | 1.32 | 3.49 |