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Business, Liquidity and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of liabilities measured at fair value on a recurring basis
  
          Level 1     Level 2     Level 3  
    Balance at
December
31, 2013
    Quoted prices
in active
markets for
identical assets
    Significant
other
observable
inputs
    Significant
unobservable
inputs
 
Liabilities:                                
Fair value liability for price adjustable warrants   $ 5,226     $ -     $ -     $ 5,226  
Fair value liability for shares to be issued     1,019       1,019       -       -  
Total liabilities at fair value   $ 6,245     $ 1,019     $ -     $ 5,226  

 

          Level 1     Level 2     Level 3  
    Balance at
September
30, 2014
    Quoted prices
in active
markets for
identical
assets
    Significant
other
observable
inputs
    Significant
unobservable
inputs
 
Liabilities:                                
Fair value liability for price adjustable warrants   $ 15,495     $ -     $ -     $ 15,495  
Fair value liability for shares to be issued     25       25       -       -  
Total liabilities at fair value   $ 15,520     $ 25     $ -     $ 15,495  
Schedule of fair value liability of price adjustable warrants determined by Level 3

 

          Weighted average as of each measurement date  
    Fair value
liability for price
adjustable warrants
(in thousands)
    Exercise
Price
    Stock
Price
    Volatility     Contractual
life 
(in years)
    Risk free
rate
 
Balance at December 31, 2013   $ 5,226     $ 0.28     $ 0.40       124 %     4.08       1.30 %
Cashless exercise of warrants     (1,916 )     0.28       1.15       134       3.21       0.79  
Warrant issuance in connection with Series C     5,929       0.75       1.50       121       2.08       0.64  
Change in fair value included in statement of operations     6,256       -       -       -       -       -  
Balance at September 30, 2014   $ 15,495     $ 0.38     $ 0.65       125 %     3.09       0.90 %
 
Schedule of anti-dilutive securities
 
    Three Months Ended
September 30,
  Nine Months Ended
September 30,
    2013   2014   2013   2014
Stock options outstanding     284,829       1,303,504       284,829       1,303,504  
Warrants     16,914,301       21,210,695       16,624,301       21,210,695  
Convertible preferred stock     -       8,000,000       -       8,000,000  
Total     17,199,130       30,514,199       16,909,130       30,514,199  
 
Schedule of reconciliation of diluted weighted average shares outstanding

 

    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
(In thousands)   2013     2014     2013     2014  
Weighted average common shares outstanding     16,938       25,668       16,938       24,248  
Assumed conversion of net common shares issuable under warrants     -       -       290       -  
Weighted average common and common equivalent shares outstanding, diluted     16,938       25,668       17,228       24,248