Rendering

Component: (Network and Table)
Network
2328301 - Disclosure - Stock Warrants (Tables)
(http://miramarlabs.com/role/StockWarrantsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Warrants and Rights Note Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Warrants and Rights Note Disclosure [Abstract]
 
Schedule of Options Outstanding
Total outstanding warrants as of December 31, 2016 are as follows:
 
Number of Warrants
 
Exercise Price
 
Fair Value at date of issuance
Equity classified
 
 
 
 
 
  November 2010 warrants issued with Series C convertible preferred stock
12,117

 
$
21.64

 
$
212,409

  January 2011 warrants issued with Series C convertible preferred stock
19,042

 
21.64

 
259,355

  June 2013 warrants issued in conjunction with note purchase agreement
9,241

 
21.64

 
152,750

  April 2014 warrants issued in conjunction with drawdown on note purchase agreement
9,242

 
21.64

 
149,250

  August 2015 warrants issued with refinance of note purchase agreement
16,173

 
21.64

 
234,719

  June 2016 warrants issued in conjunction with merger
13,016

 
5.00

 
31,680

Liability classified
 
 
 
 
 
  July to August 2016 warrants issued in conjunction with merger
4,488

 
5.00

 
12,983

Total outstanding warrants
83,319

 
 
 
 
 
 
Schedule of Stock Option Plan Fair Value Valuation Assumptions
The following assumptions were used in the Black-Scholes model to value the outstanding warrants:
 
Year ended December 31,
 
2016
 
2015
Expected term (years)
4.56 - 4.60
 
.94 - 9.60
Expected volatility
55%
 
57%
Risk-free interest rate
1.96%
 
.65% - 2.27%
Annual dividend rate
—%
 
—%
Stock Price
$4.00
 
$11.50- $22.05