Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of Derivative Instruments

Our derivative instruments consisting of warrants to purchase our common stock were valued using the Black-Scholes option pricing model, using the following assumptions at December 31, 2016:

 

  ● Estimated dividends: None
       
  ● Expected volatility: 99.65 – 99.95%
       
  ● Risk-free interest rate: 2.24 – 2.25%
       
  ● Expected term: 6.82 – 7.05 years

 

Our derivative instruments consisting of warrants to purchase our common stock were valued using the Black-Scholes option pricing model, using the following assumptions at December 31, 2015:

 

  ● Estimated dividends: None
       
  ● Expected volatility: 78 - 101%
       
  ● Risk-free interest rate: 0.49 - 2.20%
       
  ● Expected term: 0.20 – 8.0 years