Quarterly report pursuant to Section 13 or 15(d)

Stock Options and Warrants (Tables)

v2.4.1.9
Stock Options and Warrants (Tables)
6 Months Ended
Nov. 30, 2014
Stock Option and Warrant Activity

The following table presents stock option and warrant activity as of and for the six months ended November 30, 2014:

 

     Number of
Shares
    Weighted
Average
Exercise Price
     Weighted
Average
Remaining
Contractual Life
in Years
     Aggregate
Intrinsic Value
 

Options and warrants outstanding—May 31, 2014

     30,806,361      $ 1.13         3.29       $ 177,042   

Granted

     883,973      $ 0.76         —           —     

Exercised

     (1,413,333   $ 0.55         —           —     

Forfeited/expired/cancelled

     (6,523,843   $ 1.76         —           —     
  

 

 

         

Options and warrants outstanding—November 30, 2014

     23,753,158      $ 0.89         3.83       $ 10,302,869   
  

 

 

         

Outstanding exercisable—November 30, 2014

     22,108,780      $ 0.90         3.82       $ 9,615,260