桃汁影院, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

12 Months Ended

Apr. 30, 2018

A summary of the Company’s warrant activity during the year ended April 30, 2018 is presented below:


						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Warrants	Shares			Price		Term		Value
Balance outstanding, April 30, 2017		914,123		$	2.82		1.6	$	1,990,995
Granted		224,174			6.87		4.2		201,757
Exercised		(398,526	)		0.49		—		—
Forfeited		—			—		—		—
Expired		(88,924	)		—		—		—
Balance outstanding, April 30, 2018		650,847		$	3.80		2.1	$	2,581,450

Exercisable, April 30, 2018		650,847		$	3.80		2.1	$	2,581,450

Stock Incentive Plan and Stock Option Grants to Employees and Directors [Member]

Schedule of Assumptions Used In Valuing Stock Options

The following table summarizes the assumptions the Company utilized to record compensation expense for stock options granted to employees during the year ended April 30, 2018.


	April 30,			April 30,
	2018			2017
Expected life (years)		4-5.0			4-6.5
Expected volatility		40-43	%		40-43	%
Risk-free interest rate		0.00	%		0.00	%
Dividend yield		n/a			n/a

Schedule of Stock Option Activity

A summary of the Company’s stock option activity for employees and directors during the year ended April 30, 2018, is presented below:


				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contractual		Intrinsic
Options	Shares			Price		Term		Value
Balance outstanding, April 30, 2017		2,097,384		$	1.86		2.7	$	12,489,871
Granted		979,692			6.29		4.5		1,610,110
Exercised		(136,563	)		—		—		—
Forfeited		(7,087	)		—		—		—
Expired		—			—		—		—
Balance outstanding, April 30, 2018		2,933,426		$	3.58		3.15	$	16,558,373

Exercisable, April 30, 2018		1,545,513		$	2.32		2.66	$	11,534,060

- 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.

+ References + Details