Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v2.4.1.9
Equity (Tables)
3 Months Ended
Mar. 31, 2015
Warrants [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option activities
    Number of Units     Weighted 
Average 
Exercise 
Price
    Weighted 
Average 
Remaining 
Contractual 
Term 
(in years)
    Aggregate 
Intrinsic 
Value
 
                         
Outstanding, December 31, 2014     7,634,058     $ 1.64       3.97     $ 34,317,224  
Granted     3,333,333       6.50       3.87       -  
Exercised     (1,080,843 )             -       -  
Outstanding, March 31, 2015     9,886,548       3.43       3.69       8,239,536  
                                 
Exercisable, March 31, 2015     9,599,811     $ 3.30       3.53     $ 8,239,536  
Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of option activities
    Number of Units     Weighted 
Average 
Exercise 
Price
    Weighted 
Average 
Remaining 
Contractual 
Term 
(in years)
    Aggregate 
Intrinsic 
Value
 
Outstanding, December 31, 2014     3,013,084     $ 5.98       8.35     $ 4,728,842  
Granted     536,000       3.57       9.89       -  
Outstanding, March 31, 2015     3,549,084       5.62       8.37       1,398,935  
                                 
Exercisable, March 31, 2015     1,143,885     $ 2.79       6.99     $ 1,102,619