WARRANTS AND OPTIONS

3 Months Ended

Mar. 31, 2017

Common stock warrants

The following table summarizes warrants outstanding and related prices for the shares of the Company’s common stock issued to shareholders at March 31, 2017:

Exercise Price		Number Outstanding		Warrants Outstanding Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise price		Number Exercisable		Warrants Exercisable Weighted Average Exercise Price
$	0.01 to 0.10		86,650,000		3.34	$	0.08		56,650,000	$	0.10
	0.11 to 0.20		8,225,000		0.93		0.15		8,225,000		0.15
	0.21 to 0.30		3,500,000		0.47		0.25		3,500,000		0.25
Total			98,375,000		3.04	$	.09		68,375,000	$	0.11

Transactions involving the Company’s warrant issuance for the three months ended March 31, 2017 are summarized as follows:

	Number of Shares			Weighted Average Price Per Share
Outstanding at December 31, 2016		101,825,000			0.10
Issued		-			-
Exercised		-			-
Expired		(3,450,000	)		(0.24	)
Outstanding at March 31, 2017		98,375,000		$	0.09

Total stock-based compensation expense for warrants for the three months ended March 31, 2017 and 2016 amounted to $-0- and $1,860, respectively.

Preferred stock warrants

The following table summarizes warrants outstanding and related prices for the shares of the Company’s Series A convertible preferred stock issued at March 31, 2017:

Exercise Price		Number Outstanding		Warrants Outstanding Weighted Average Remaining Contractual Life (years)		Weighted Average Exercise price		Number Exercisable		Warrants Exercisable Weighted Average Exercise Price
$	0.50		2,120,000		2.80	$	0.50		1,120,000	$	0.50
	1.00		71,000		0.47		1.00		71,000		1.00
	1.50		373,500		0.64		1.50		373,500		1.50
Total			2,564,500		2.42	$	0.66		1,564,500	$	0.76

Transactions involving the Company’s preferred warrant issuance for the three months ended March 31, 2017 are summarized as follows:

	Number of Shares		Weighted Average Price Per Share
Outstanding at December 31, 2016		2,564,500		0.66
Issued		-		-
Exercised		-		-
Canceled		-		-
Outstanding at March 31, 2017		2,564,500	$	0.66

Options

The following table summarizes options outstanding and related prices for the shares of the Company’s common stock issued at March 31, 2017:

Exercise Price		Number Outstanding		Option Outstanding Options Average Remaining Contractual Life (years)		Weighted Average Exercise price		Number Exercisable		Options Exercisable Weighted Average Exercise price
$	0.015		7,000,000		3.85	$	0.015		3,916,667	$	0.015
	0.02		400,000		5.75		0.02		250,000		0.02
	0.025		250,000		5.40		0.025		250,000		0.025
	0.06		3,000,000		1.17		0.06		3,000,000		0.06
	0.09		250,000		1.68		0.09		250,000		0.09
	0.095		500,000		1.80		0.095		500,000		0.095
	0.10		650,000		0.94		0.10		650,000		0.10
	0.13		500,000		0.09		0.13		500,000		0.13
	0.17		4,500,000		0.02		0.17		4,500,000		0.17
	0.22		175,000		0.01		0.22		175,000		0.22
Total			17,225,000		2.10	$	0.08		13,991,667	$	0.10

Transactions involving the Company’s option issuance for the three months ended March 31, 2017 are summarized as follows:

	Number of Shares		Weighted Average Price Per Share
Outstanding at December 31, 2016		17,225,000		0.08
Issued		-		-
Exercised		-		-
Expired		-		-
Outstanding at March 31, 2017		17,225,000	$	0.08

Total stock-based compensation expense for options for the three months ended March 31, 2017 and 2016 amounted to $9,441 and $4,861, respectively.

DEBT RESOLVE INC 10-Q