Quarterly report pursuant to Section 13 or 15(d)

Series B Warrants (Tables)

v3.5.0.2
Series B Warrants (Tables)
9 Months Ended
Sep. 30, 2016
Series B Warrants [Abstract]  
Schedule of Series B Warrants
 

 

 

Nine Months

Ended September 30,

 

 

 

2016

 

 

2015

 

Dividend yield

 

 

0.00 %

 

 

0.00 %

Volatility factor

 

 

70.00 %

 

 

70.00 %

Risk-free interest rate

 

1.11 - 1.29

 

 

 

1.75 %

Expected term (years)

 

3.89-3.90

 

 

 

4.61

 

Weighted-average fair value of warrants

 

$ 0.14

 

 

$ 0.46