Quarterly report pursuant to Section 13 or 15(d)

Warrant Liability (Tables)

v2.4.0.8
Warrant Liability (Tables) (Series A Warrants [Member])
6 Months Ended
Jun. 30, 2013
Series A Warrants [Member]
 
Class of Warrant or Right [Line Items]  
Assumptions used to value the Series A warrants

The key assumptions used to value the Series A Warrants were as follows:

 

                 

Assumption

  June 30,
2013
    December 31,
2012
 

Expected price volatility

    85 %      80 % 

Expected term (in years)

    4.78       5.27  

Risk-free interest rate

    1.33 %      0.78 % 

Dividend yield

    0.00 %      0.00 % 

Weighted-average fair value of warrants

  $ 0.23     $ 0.69