warrants query

just wondering if anyone understands what happens with the warrants?

i thought unis issued shares to crede for $10m with average price per share of ~$2.30, then crede had the option to buy more shares at $3 i.e. crede had to pay unis $10m plus another $3 per share for the extra shares.

from the accts it looks like we owe them for the extra shares? does that mean we only got $10m cash for the $2 bunch and the extra shares combined?

a little confused or maybe im missing soemthing.