Annual report pursuant to Section 13 and 15(d)

Equity (Tables)

v2.4.1.9
Equity (Tables)
12 Months Ended
Dec. 31, 2014
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, 2012     12,770,637     $ 0.97       4.48     $ 6,114,768  
Granted     329,866       7.47       6.40       -  
Exercised     (2,403,429 )     1.58       -       -  
Forfeited     (1,023,784 )             -       -  
Outstanding, December 31, 2013     9,673,290     $ 1.06       4.89     $ 47,396,307  
Granted     491,928       8.33       7.90       -  
Exercised     (2,501,993 )     0.67       -       -  
Forfeited     (29,167 )     6.70       -       -  
Outstanding, December 31, 2014     7,634,058       1.64       3.97       34,317,224  
                                 
Exercisable, December 31, 2014     7,349,058     $ 1.40       3.76     $ 34,283,224  
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, 2012     2,330,134     $ 0.96       8.91     $ 685,800  
Granted     787,450       6.62       10.00          
Cancelled     (1,115,550 )                        
Exercised     (16,650 )     0.78                  
Outstanding, December 31, 2013     1,985,384       3.23       8.34       5,908,696  
Issued     1,338,100       8.86       10.00       -  
Exercised     (310,400 )     0.95       -       -  
Outstanding, December 31, 2014     3,013,084       5.98       8.35       4,728,842  
                                 
Exercisable, December 31, 2014     714,447     $ 1.20       6.20     $ 3,357,044