The following table summarizes activity relating to warrants to purchase our common stock:
| Weighted- | ||||||||
| Warrants | Average | |||||||
| Outstanding | Exercise Price | |||||||
| (Thousands) | ||||||||
|
Balance at July 3, 2010 |
1,616 | $ | 18.78 | |||||
|
Expired |
(218 | ) | 35.47 | |||||
|
|
|
|||||||
|
Balance at July 2, 2011 |
1,398 | 16.18 | ||||||
|
Expired |
(1,398 | ) | 16.18 | |||||
|
|
|
|||||||
|
Balance at June 30, 2012 |
— | — | ||||||
|
Granted |
1,836 | 1.50 | ||||||
|
|
|
|||||||
|
Balance at June 29, 2013 |
1,836 | $ | 1.50 | |||||
|
|
|
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