APRICUS BIOSCIENCES, INC. | 2013 | FY | 3


A summary of warrant activity during the year ended December 31, 2013 is as follows:
 
Common Shares
Issuable upon
Exercise
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life (in years)
Outstanding at December 31, 2012
3,205,492

 
$
4.56

 
3.8
Issued
3,000,000

 
3.40

 
 
Exercised
(20,000
)
 
2.27

 
 
Cancelled

 

 
 
Outstanding at December 31, 2013
6,185,492

 
4.01

 
3.6
Exercisable at December 31, 2013
6,185,492

 
$
4.01

 
3.6

us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock