Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.2.0.727
Equity (Tables)
6 Months Ended
Jun. 30, 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       3.62       -  
Exercised     (1,115,810 )             -       -  
Outstanding, June 30, 2015     9,851,581       3.44       3.44       9,201,405  
                                 
Exercisable, June 30, 2015     9,564,844     $ 3.31       3.28     $ 9,201,405  
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     964,499       3.17       9.74       21,825  
Cancelled     (61,000 )     6.10                  
Exercised     (20,000 )     0.78                  
Outstanding, June 30, 2015     3,896,583       5.31       8.31       1,555,719  
                                 
Exercisable, June 30, 2015     1,624,166     4.11       7.89     $ 1,287,708