Quarterly report pursuant to Section 13 or 15(d)

Series B Warrant and Emerald Warrant Liabilities (Tables)

v3.8.0.1
Series B Warrant and Emerald Warrant Liabilities (Tables)
3 Months Ended
Mar. 31, 2018
Series B Warrant And Emerald Warrant Liabilities [Abstract]  
Schedule of Series B Warrants

 

As of Period End

 

 March 31,

2018

 

December 31,

2017

 

Dividend yield

 

0.00

%

 

0.00

%

Volatility factor

 

70.00

 

70.00

%

Risk-free interest rate

 

1.95

 

1.947-1.949

%

Expected term (years)

 

2.25

 

2.64-2.65

 

Weighted-average fair value of warrants

 

$

0.238

 

$

0.086

Schedule of derivative liabilities based on Monte Carlo simulations

 

 

March 31,

2018

 

 

On

issuance

 

Dividend yield

 

 

0.00 %

 

 

0.00 %

Volatility factor

 

 

70.00 %

 

 

70.00 %

Risk-free interest rate

 

2.54-2.55

%

 

2.45-2.6

%

Expected term (years)

 

4.8-4.88

 

 

 

5.0

 

Closing price per share of common stock

 

$

0.24

 

 

$

0.29-0.30