Quarterly report pursuant to Section 13 or 15(d)

Series B Warrants (Tables)

v3.7.0.1
Series B Warrants (Tables)
3 Months Ended
Mar. 31, 2017
Series B Warrants [Abstract]  
Schedule of Series B Warrants

 

 

Three Months

Ended March 31,

 

 

 

2017

 

 

2016

 

Dividend yield

 

 

0.00 %

 

 

0.00 %

Volatility factor

 

 

70.00 %

 

 

70.00 %

Risk-free interest rate

 

 

1.58 %

 

 

1.11 %

Expected term (years)

 

 

3.39

 

 

 

4.39

 

Weighted-average fair value of warrants

 

$ 0.17

 

 

$ 0.45