Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.3.0.814
Equity (Tables)
9 Months Ended
Sep. 30, 2015
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     1,364,499       2.88       9.54       -  
Cancelled     (561,000 )     8.90       -       -  
Exercised     (20,000 )     0.78                  
Outstanding, September 30, 2015     3,796,583       4.47       8.17       709,217  
                                 
Exercisable, September 30, 2015     1,639,948       3.45       7.28       630,839  
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       3.37       -  
Exercised     (1,524,893 )     -     -       -  
Outstanding, September 30, 2015     9,442,498       3.56       3.20       4,889,067  
                                 
Exercisable, September 30, 2015     9,157,498       3.43       3.03       4,889,067