pSivida Corp. | 2013 | FY | 3


The following table provides a reconciliation of all US$ warrants for the years ended June 30, 2013 and 2012:

 

     Year Ended June 30,  
     2013      2012  
   Number of
Warrants
    Weighted
Average
Exercise
Price
     Number of
Warrants
    Weighted
Average
Exercise
Price
 

Balance at beginning of year

     2,064,710      $ 6.17         7,614,748      $ 7.35   

Issued

     623,605        2.50         —          —     

Expired

     (1,512,210     6.60         (5,550,038     7.79   
  

 

 

   

 

 

    

 

 

   

 

 

 

Balance and exercisable at end of year

     1,176,105      $ 3.67         2,064,710      $ 6.17   
  

 

 

   

 

 

    

 

 

   

 

 

 

At June 30, 2013, the remaining lives of these outstanding warrants ranged from 2.6 to 4.1 years, representing a weighted-average term of 3.4 years.

The following table provides a reconciliation of all A$ warrants for the years ended June 30, 2013 and 2012:

 

     Year Ended June 30,  
     2013      2012  
   Number of
Warrants
    Weighted
Average
Exercise
Price

A$
     Number of
Warrants
     Weighted
Average
Exercise
Price

A$
 

Balance at beginning of year

     205,479        7.68        205,479         7.68   

Expired

     (205,479     7.68         —           —     
  

 

 

   

 

 

    

 

 

    

 

 

 

Balance and exercisable at end of year

     —          —           205,479         7.68   
  

 

 

   

 

 

    

 

 

    

 

 

 

us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock