Flux Power Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Stockholders' Deficit (Tables)

Note 6 - Stockholders' Deficit (Tables)

6 Months Ended

Dec. 31, 2016

Schedule of Stock by Class [Table Text Block]

	Value of Common Stock		Shares of Common Stock

Shares issued in 2016 Private Placement as Loan Conversion	$	400,000		10,000,000
Shares issued in 2016 Private Placement for Cash		1,075,000		26,875,000
Shares issued in 2016 Private Placement for Private Placement Subscription		-		2,500,000
Shares issued for Services Rendered		3,000		75,000
Shares issued in Warrant Exchange		7,824		1,106,341
Total	$	1,485,824		40,556,341

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

	Number of Warrants			Weighted Average Exercise Price Per Warrant		Remaining Contract Term (# years)
Warrants outstanding and exercisable at June 30, 2016		28,040,096		$	0.20	0.39	-	2.50
Warrants issued		-		$	-		-
Warrants exchanged		(1,837,777	)	$	0.14		-
Warrants outstanding and exercisable at December 31, 2016		26,202,319		$	0.20	0.20	-	1.96

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2016		9,004,020		$	0.11
Granted		-
Exercised		-
Forfeited and cancelled		(801,320	)	$	0.25
Outstanding at December 31, 2016		8,202,700		$	0.10		7.17
Exercisable at December 31, 2016		6,322,325		$	0.11		6.55

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contract Term (# years)
Outstanding at June 30, 2015		6,101,357		$	0.15
Granted		4,385,000			0.05
Exercised		-
Forfeited and cancelled		(389,774	)		0.10
Outstanding at December 31, 2015		10,096,583		$	0.11		7.72
Exercisable at December 31, 2015		6,056,827		$	0.14		6.49

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

	For the Three Months Ended				For the Six Months Ended
	December 31,		December 31,		December 31,		December 31,
	2016		2015		2016		2015
Research and development	$	3,000	$	11,000	$	7,000	$	14,000
General and administration		7,000		37,000		13,000		64,000
Total stock-based compensation expense	$	10,000	$	48,000	$	20,000	$	78,000

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Six months ended December 31,	2016		2015
Expected volatility		100%		100%
Risk free interest rate		1.31%		1.31%
Forfeiture rate		23.0%		17%
Dividend yield		0%		0%
Expected term (years)		3		3

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

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+ Details

- 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