The Joint Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Equity (Tables)

Note 7 - Equity (Tables)

3 Months Ended

Mar. 31, 2015

Note 7 - Equity (Tables) [Line Items]

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

	March 31,
	2015			2014
Expected volatility		47%		46%
Expected dividends		None		None
Expected term (years)		6.25		7.5
Risk-free rate	1.45%	to	1.74%	0.07%
Forfeiture rate		20%		None

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

	Number of Shares		Weighted Average Exercise Price		Weighted Average Fair Value		Weighted Average Remaining Contractual Life
Outstanding at December 31, 2014		312,995	$	2.04	$	0.92		9.2
Granted at market price		54,000		8.20
Exercised		-		-
Cancelled		-		-
Outstanding at March 31, 2015		366,995		3.11		1.43		9.1
Exercisable at March 31, 2015		61,294	$	1.38	$	0.65		8.8

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

Restricted Share Awards	Shares
Outstanding at December 31, 2014		662,375
Restricted stock awards granted		-
Awards forfeited or exercised		-
Outstanding at March 31, 2015		662,375
Remaining available to be issued		42,950

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

	Number of Units		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)		Intrinsic Value

Outstanding at December 31, 2014		90,000	$	8.13		3.9		-

Granted		-		-

Outstanding at March 31, 2015		90,000	$	8.13		3.6	$	-

Exercisable at March 31, 2015		-	$	-		-	$	-

Class of Treasury Stock [Table Text Block]

Year 1	$	0.56
Year 2	$	0.68
Year 3	$	0.84
Year 4	$	1.03
Year 5	$	1.28
Year 6	$	1.59
Year 7	$	1.97
Year 8	$	2.45

Treasury Stock [Member]

Note 7 - Equity (Tables) [Line Items]

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

Market value of underlying common stock		$1.20
Term (in years)	1	–	8
Strike price	$0.56	–	$2.45
Volatility	27.03%	–	45.64%
Risk-free interest	0.13%	–	2.45%

- 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