Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v2.4.0.8
Warrants (Tables)
6 Months Ended
Jun. 30, 2014
Warrants Tables  
Warrant activity
    January 2012 warrants     February 2012 warrants     June 2013 warrants     June 2013 warrants     August 2013 warrants     October 2013 warrants     Series A 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 issued     -       -       -       -       -       -       -       5,500       5,500  
Outstanding, June 30, 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)     1.6       9.1       4.3       9.3       9.5  
Cumulative volatility %     67 %     105 %     82 %     105 %     105 %
Risk-free rate %     0.35 %     2.42 %     1.36 %     2.44 %     2.47 %