Motus GI Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stockholder's Equity (Tables)

Stockholder's Equity (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of warrants to purchase common stock activity

A summary of the Company’s warrants to purchase common stock activity is as follows:

	Shares Underlying Warrants		Weighted Average Exercise Price		Weighted average Remaining Contractual Life (years)		Aggregate Intrinsic Value
Outstanding at December 31, 2017		1,340,869	$	5.07		3.73	$	—
Granted		1,245,682		5.35				110
Outstanding at September 30, 2018		2,586,551	$	5.20		3.76	$	241

Schedule of stock option activity

The following table summarizes stock option activity during the nine months ended September 30, 2018:

	Shares Underlying Options			Weighted Average Exercise Price		Weighted average Remaining Contractual Life (years)		Aggregate Intrinsic Value
Outstanding at December 31, 2017		1,803,094		$	4.41		9.19	$	334
Granted		252,000			4.99
Exercised		(15,292	)		3.31				33
Forfeited/canceled		(75,348	)		4.60
Outstanding at September 30, 2018		1,964,454		$	4.48		8.63	$	1,279

Schedule of total non-cash stock-based compensation by operating statement classification

The following table sets forth total non-cash stock-based compensation for the issuance of common stock, options to purchase common stock, and warrants to purchase common stock by operating statement classification for the three and nine months ended September 30, 2018 and 2017:

	Three Months ended September 30,				Nine Months ended September 30,
	2018		2017		2018		2017
Research and development	$	32	$	110	$	135	$	158
Sales and marketing		58		86		97		123
General and administrative		572		1,100		1,503		1,613
Total^{(1), (2)}	$	662	$	1,296	$	1,735	$	1,894

(1)

As of September 30, 2018 and 2017, the Company recorded a prepaid expense in the amount of $506 and $0 for the value of vested warrants for future services to be rendered.

(2)

As of September 30, 2018 and 2017, the Company recorded a warrant liability in the amount of $48 and $0 for the value of warrants to be issued for services provided.

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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