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Warrants (Tables)
3 Months Ended
Mar. 31, 2014
Warrants (Tables) [Line Items]  
Schedule of Sharebased Compensation Warrants Activity [Table Text Block]




Shares




Weighted

Average

Exercise

Price




Range of

Exercise Prices

Outstanding at December 31, 2013

1,139,535

 

$

1.68

 

$1.25 - $10.40

Warrants exercised

(800,000)

 

$

1.25

 

$1.25

Outstanding at March 31, 2014

339,535

 

$

2.70

 

$1.25 - $10.40

Warrants exercisable at March 31, 2014

319,535

 

$

3.03

 

$1.25 - $10.40

Monte Carlo Simulation Model [Member]
 
Warrants (Tables) [Line Items]  
Schedule of Share Based Payment Award Warrants Valuation Assumptions [Table Text Block]


March 31,

2014


December 31, 2013

CDTi stock price

$

3.82

 

$

1.51

Strike price

$

1.25

 

$

1.25

Expected volatility

 

79.00%

 

 

73.60%

Risk-free interest rate

 

1.30%

 

 

1.80%

Dividend yield

 

 

 

Expected life in years

 

4.3

 

 

4.5