Annual report pursuant to Section 13 and 15(d)

Series B Warrants (Tables)

v3.7.0.1
Series B Warrants (Tables)
12 Months Ended
Dec. 31, 2016
Series B Warrants [Abstract]  
Schedule of Series B Warrants

 

 

Years

Ended December 31,

 

 

 

2016

 

 

2015

 

Dividend yield

 

 

0.00 %

 

 

0.00 %

Volatility factor

 

 

70.00 %

 

 

70.00 %

Risk-free interest rate

 

 

1.616
%

 

 

1.75 %

Expected term (years)

 

 

3.63

 

 

 

4.61

 

Weighted-average fair value of warrants

 

$ 0.17

 

 

$ 0.46