Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v2.4.0.8
Warrants (Tables)
3 Months Ended
Mar. 31, 2014
Warrants Tables  
Warrant activity
     

 January

2012

warrants

 

February

2012

warrants

   

June

2013

warrants

   

June

2013

warrants

   

August

2013

warrants

   

October

2013

warrants

   

October 2013

warrants

   

January

2014

warrants

    Total  
                                                     
Outstanding, January 1, 2014     -     -       -       -       -       -       -       -       -  
Warrants acquired in merger     650     1,000       455       1,864       10,000       200       7,000               21,169  
Warrants granted in period ended March 31, 2014                                                           5,500       5,500  
Outstanding, March 31, 2014     650     1,000       455       1,864       10,000       200       7,000       5,500       26,669  
Fair value of each option award
   

February

2012

warrants

   

August

2013

warrants

   

October

2013

warrants

   

October

2013

warrants

   

January

2014

warrants

 
Strike price   $ 0.60     $ 0.40     $ 0.50     $  0.50     $ 0.50  
Expected term (years)     1.9       9.4       4.6        9.6        9.8  
Cumulative volatility %     73 %     105 %     84 %      105 %      105 %
Risk-free rate %     0.36 %     2.92 %     1.32 %      2.92 %      2.96 %