Sonoma Pharmaceuticals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- 3. Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

8. Stock-Based Compensation (Details - Options Outstanding)

v2.4.1.9

8. Stock-Based Compensation (Details - Options Outstanding) (Stock Options [Member], USD $) In Thousands, except Share data, unless otherwise specified	9 Months Ended
	Dec. 31, 2014
Stock Options [Member]
Options
Outstanding at beginning of period	2,536,000
Granted	296,000
Exercised	0
Forfeited or expired	(27,000)
Outstanding at end of period	2,805,000
Exercisable at end of period	1,375,000
Options available for grant, ending	1,528,000
Weighted Average Exercise Price
Outstanding at beginning of period	$ 7.78
Granted	$ 2.61
Exercised
Forfeited or expired	$ 20.88
Outstanding at end of period	$ 7.11
Exercisable at end of period	$ 10.59
Weighted Average Contractual Term
Outstanding at end of period	8 years 7 days
Exercisable at end of period	6 years 9 months 22 days
Aggregate Intrinsic Value
Fair Value Outstanding at end of period	$ 1,000
Exercisable at end of period	$ 1,000

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The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.

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Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.

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The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.

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Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.

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Weighted average price of options that were either forfeited or expired.

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Gross number of share options (or share units) granted during the period.

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Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.

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Number of options outstanding, including both vested and non-vested options.

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Weighted average price at which option holders acquired shares when converting their stock options into shares.

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Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.

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