Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Warrants (Tables)

v3.10.0.1
Stock-Based Compensation and Warrants (Tables)
3 Months Ended
Sep. 30, 2018
Share-based Compensation [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Rezolute has computed the fair value of all options granted during the three months ended September 30, 2018 using the following assumptions:
 
Expected volatility
 
 
84
%
Risk free interest rate
 
 
2.83
%
Expected term (years)
 
 
7.0
 
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, 2018
 
 
19,415,246
 
 
$
1.55
 
 
 
7.8
 
Granted
 
 
1,125,000
 
 
$
0.52
 
 
 
 
 
Forfeited
 
 
(1,702,767
)
 
$
1.62
 
 
 
 
 
Outstanding, September 30, 2018
 
 
18,837,479
 
 
$
1.65
 
 
 
7.7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at September 30, 2018
 
 
10,901,335
 
 
$
1.89
 
 
 
6.3
 
Schedule Of Warrants Issued To Agents Activity [Table Text Block]
Warrants
-
The Company 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, 2018
 
 
45,635,217
 
 
$
1.37
 
 
 
3.40
 
Warrants issued for consulting services
 
 
15,624
 
 
$
1.00
 
 
 
 
 
Warrants expired
 
 
-
 
 
$
-
 
 
 
 
 
Outstanding, September 30, 2018
 
 
45,650,841
 
 
$
1.37
 
 
 
3.09