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6. Outstanding Warrants
 3 Months Ended
Mar. 31, 2012
Text Block [Abstract]  
6. Outstanding Warrants

 

On January 6 and January 9, 2012, Aemetis, Inc. granted 1,000,000 common stock 5-year warrants exercisable at $0.001 per share as inducement for accredited investors to enter into a Note and Warrant Purchase Agreements. On January 13, 2012, an investor converted 166,667 warrant shares to common stock from the 1,000,000 share issuance, at an exercise price of $0.001 per share.

 

During the quarter ending March 31, 2012, 368,282 warrants for Series B Preferred stock expired. The expired warrants had a weighted average exercise price of $3.00 per share.

 

A summary of warrant activity for the three months ended March 31, 2012 follows:

 

 

Preferred Stock

  

Warrants Issued &

Outstanding 

    

Weighted - Average 

Exercise Price

    

Warrants Issued & 

Exercisable

    

Average Remaining

Term in Years

  
                         
Outstanding December 31, 2011     392,479     $ 3.00       392,479       0.25  
Expired     (363,282 )     3.00       (363,282 )        
Outstanding March 31, 2012     29,197       3.00       29,197       0.27  

 

 

Common Stock

  

Warrants Issued &

Outstanding

    

Weighted - Average

Exercise Price

    

Warrants Issued &

Exercisable

    

Average Remaining

Term in Years

  
                                 
Outstanding December 31, 2011     1,428,590     $ 0.790       1,428,590       3.34  
Expired     (5,000 )     3.000       (5,000 )        
Granted     1,000,000       0.001       1,000,000          
Exercised     (166,667 )     0.001       (166,667 )        
Outstanding March 31, 2012     2,256,923       0.22       2,256,923       3.56  
                                 
Total   

Warrants Issued &

Outstanding

    

Weighted - Average

Exercise Price

    

Warrants Issued &

Exercisable

    

Average Remaining

Term in Years

  
                                 
Outstanding December 31, 2011     1,821,069     $ 1.27       1,821,069       2.67  
Expired     (368,282 )     3.000       (368,282 )        
Granted     1,000,000       0.001       1,000,000          
Exercised     (166,667 )     0.001       (166,667 )        
Outstanding March 31, 2012     2,286,120       0.26       2,286,120       3.52