Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.4.0.3
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Summary of Significant Accounting Policies [Abstract]  
Schedule of weighted-average Black-Scholes assumptions

 

    For the Three Months Ended March 31,  
    2016     2015  
Expected life     6 years       2 years  
Risk free interest rate     1.27 %     0.71 %
Expected volatility     79 %     80 %
Expected dividend yield     0 %     0 %
Forfeiture rate     0 %     0 %
Schedule of antidilutive securities excluded from computation of earnings per share
    March 31,     March 31,  
    2016     2015  
Warrants     8,064,716       7,936,391  
Options     5,376,995       3,340,959  
Totals     13,441,711       11,277,350