Derivative Liabilities and Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Derivative And Fair Value Disclosure [Abstract]

Schedule of fair value reconciliation

The table below provides a reconciliation of beginning and ending balances for the liabilities measured at fair value using significant unobservable inputs (Level 3): 

				Warrant
	Warrants			Derivative			Total
Balance: December 31, 2014	$	(1,809,949	)	$	(256,530	)	$	(2,066,479	)
Release of Warrant Liability Upon Exercise		201,739			28,593			230,332
Net Change in Fair Value		1,092,058			(84,895	)		1,007,163
Balance: March 31, 2015	$	(516,152	)	$	(312,832	)	$	(828,984	)

Schedule of valuation techniques

The following table describes the valuation techniques used to calculate fair values for assets in Level 3. There were no changes in the valuation techniques during the quarter ended March 31, 2015 and December 31, 2014. 

	Fair Value at		Fair Value at		Valuation	Unobservable
	3/31/2015		12/31/2014		Technique	Input	Range
Warrant Derivative and Warrant Down-round Protection Derivative (combined)	$	828,984	$	2,066,479	Binomial OptionPricing Model	Probability of common stock issuance at prices lessthan exerciseprices statedin agreements		50	%
						Probability of resetprovision beingwaived		5	%