Quarterly report pursuant to Section 13 or 15(d)

Warrant Liabilities (Tables)

v2.4.0.6
Warrant Liabilities (Tables)
6 Months Ended
Jun. 30, 2012
Warrant Liability [Abstract]  
Assumptions used to value the warrants

The key assumptions used to value the warrants were as follows:

 

         

Assumption

  June 30,
2012
 

Expected price volatility

    65 % 

Expected term (in years)

    4.71  

Risk-free interest rate

    0.67 % 

Dividend yield

    0.00 % 

Weighted-average fair value of warrants

  $ 0.28  

The key assumptions used to value the warrants were as follows:

 

                 
    June 30, 2012  

Assumption

  Series A
Warrants
    Series B
Warrants
 

Expected price volatility

    70 %      75 % 

Expected term (in years)

    5.78       0.28  

Risk-free interest rate

    0.87 %      0.09 % 

Dividend yield

    0.00 %      0.00 % 

Weighted-average fair value of warrants

  $ 0.36     $ 0.07