Quarterly report pursuant to Section 13 or 15(d)

Warrant Liabilities (Tables)

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

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

 

         

Assumption

  September 30,
2012
 

Expected price volatility

    75

Expected term (in years)

    4.46  

Risk-free interest rate

    0.54

Dividend yield

    0.00

Weighted-average fair value of warrants

  $ 0.55  

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

 

                 
    September 30, 2012  

Assumption

  Series A
Warrants
    Series B
Warrants
 

Expected price volatility

    75     75

Expected term (in years)

    5.53       0.02  

Risk-free interest rate

    0.73     0.06

Dividend yield

    0.00     0.00

Weighted-average fair value of warrants

  $ 0.61     $ 0.17