Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables summarize the Company's assets and liabilities measured at fair value on a recurring basis at March 31, 2015 and December 31, 2014:

March 31, 2015	Fair Value		(Level 1)		(Level 2)		(Level 3)
Common stock warrants	$	23,392	$	-	$	-	$	23,392
Total	$	23,392	$	-	$	-	$	23,392

December 31, 2014	Fair Value		(Level 1)		(Level 2)		(Level 3)
Common stock warrants	$	30,278	$	-	$	-	$	30,278
Total	$	30,278	$	-	$	-	$	30,278

Schedule Of Changes In Fair Value Derivative Liability

The fair value of the derivative liability as of March 31, 2015 was estimated using the following assumptions:

Expected volatility	60	%
Risk free rate	1.05	%
Dividend yield	0	%
Expected term (in years)	3.8226

Schedule of Changes in Fair Value of Company's Level 3 Liabilities

The following sets forth a summary of changes in fair value of the Company’s level 3 liabilities measured on a recurring basis for the three months ended March 31, 2014 and March 31, 2015:

			Series A-1
	Convertible		Preferred		Common
	Notes Payable		Stock		Stock
	Derivative Liability		Derivative Liability		Warrants
Balance at December 31, 2013	$	534,975	$	56,926	$	-
Extinguishment		(118,300)		-		-
Fair value at issuance		189,300		-		466,706
Change in fair value		(416,675)		(51,526)		(6,125)
Balance at March 31, 2014	$	189,300	$	5,400	$	460,581

			Series A-1
	Convertible		Preferred		Common
	Notes Payable		Stock		Stock
	Derivative Liability		Derivative Liability		Warrants
Balance at December 31, 2014	$	-	$	-	$	30,278
Change in fair value		-		-		(6,886)
Balance at March 31, 2015	$	-	$	-	$	23,392