Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.7.0.1
Stock-Based Compensation (Tables)
9 Months Ended
Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
AntriaBio has computed the fair value of all options granted during the nine months ended March 31, 2017 using the following assumptions:
 
Expected volatility
 
 
74% - 80
%
Risk free interest rate
 
 
1.46% - 2.43
%
Expected term (years)
 
 
7
 
Dividend yield
 
 
0
%
 
AntriaBio has computed the fair value of all options granted during the year ended June 30, 2016 using the following assumptions:
 
Expected volatility
 
 
97% - 100
%
Risk free interest rate
 
 
1.69% -1.91
%
Expected term (years)
 
 
7
 
Dividend yield
 
 
0
%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock option activity is as follows:
 
 
 
 
 
 
Weighted
 
 
Weighted Average
 
 
 
Number of
 
 
Average
 
 
Remaining
 
 
 
Options
 
 
Exercise Price
 
 
Contractual Life
 
Outstanding, June 30, 2015
 
 
8,702,418
 
 
$
2.78
 
 
 
7.1
 
Granted
 
 
285,000
 
 
$
1.07
 
 
 
 
 
Forfeited
 
 
(40,000)
 
 
$
1.66
 
 
 
 
 
Outstanding, June 30, 2016
 
 
8,947,418
 
 
$
2.73
 
 
 
6.2
 
Granted
 
 
24,275,000
 
 
$
1.20
 
 
 
 
 
Forfeited
 
 
(63,021)
 
 
$
1.15
 
 
 
 
 
Outstanding, March 31, 2017
 
 
33,159,397
 
 
$
1.61
 
 
 
8.6
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at March 31, 2017
 
 
6,946,771
 
 
$
2.73
 
 
 
5.4
 
Schedule Of Warrants Issued To Agents Activity [Table Text Block]
Warrants- AntriaBio issued warrants to agents in conjunction with the closing of various financings and issued warrants in private placements as follows:
 
 
 
 
 
 
Weighted
 
 
Weighted Average
 
 
 
Number of
 
 
Average
 
 
Remaining
 
 
 
Warrants
 
 
Exercise Price
 
 
Contractual Life
 
Outstanding, June 30, 2015
 
 
19,016,391
 
 
$
2.33
 
 
 
3.0
 
Warrants issued in stock conversion
 
 
5,897,677
 
 
$
1.65
 
 
 
 
 
Warrants issued in private placements
 
 
3,043,669
 
 
$
1.65
 
 
 
 
 
Warrants issued to placement agents
 
 
933,639
 
 
$
1.61
 
 
 
 
 
Warrants issued for investor relations
 
 
103,000
 
 
$
1.60
 
 
 
 
 
Warrants cancelled
 
 
(30,000)
 
 
$
3.44
 
 
 
 
 
Outstanding, June 30, 2016
 
 
28,964,376
 
 
$
2.11
 
 
 
3.1
 
Warrants issued in private placements
 
 
3,248,184
 
 
$
1.65
 
 
 
 
 
Warrants issued to placement agents
 
 
536,150
 
 
$
1.65
 
 
 
 
 
Warrants issued for consulting services
 
 
250,000
 
 
$
1.00
 
 
 
 
 
Warrants expired
 
 
(307,261)
 
 
$
2.34
 
 
 
 
 
Outstanding, March 31, 2017
 
 
32,691,449
 
 
$
1.73
 
 
 
3.9
 
Black Scholes Pricing Model  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Share Based Payment Award Stock Warrants Valuation Assumptions [Table Text Block]
The Black-Scholes valuation methodology was used because that model embodies all of the relevant assumptions that address the features underlying these instruments. Significant assumptions for the warrants issued for the nine months ended March 31, 2017 were as follows:
 
Expected volatility
 
 
24% - 111
%
Risk free interest rate
 
 
0.45% - 1.56
%
Warrant term (years)
 
 
 0 - 7
 
Dividend yield
 
 
0
%
 
Significant assumptions for the warrants issued for the year ended June 30, 2016 were as follows:
 
Expected volatility
 
 
87 - 151
%
Risk free interest rate
 
 
0.45% - 2.03
%
Warrant term (years)
 
 
 1 - 7.5
 
Dividend yield
 
 
0
%