Warrants (Tables)

9 Months Ended

Sep. 30, 2014

Warrants (Tables) [Line Items]

Schedule of Sharebased Compensation Warrants Activity [Table Text Block]

		Weighted Average Exercise Price
				Range of Exercise Prices
	Shares
Outstanding at December 31, 2013	1,139,535	$	1.68	$1.25 - $10.40
Issued	812,000	$	4.20	$4.20
Exercised	(800,000)	$	1.25	$1.25
Outstanding at September 30, 2014	1,151,535	$	3.76	$1.25 - $10.40
Warrants exercisable at September 30, 2014	339,535	$	2.70	$1.25 - $10.40

Black Scholes [Member]

Warrants (Tables) [Line Items]

Schedule of Share Based Payment Award Warrants Valuation Assumptions [Table Text Block]

	September 30, 2014		April 4, 2014
Warrants valued		812,000		812,000
CDTi stock price	$	1.72	$	2.95
Strike price	$	4.20	$	4.20
Expected volatility		83.6%		84.9%
Risk-free interest rate		1.8%		1.9%
Dividend yield		─		─
Expected life in years		5.0		5.5

Monte Carlo Simulation Model [Member]

Warrants (Tables) [Line Items]

Schedule of Share Based Payment Award Warrants Valuation Assumptions [Table Text Block]

	September 30, 2014		December 31, 2013
Warrants valued		159,000		959,000
CDTi stock price	$	1.72	$	1.51
Strike price	$	1.25	$	1.25
Expected volatility (1)		104.9%		73.6%
Risk-free interest rate		1.4%		1.8%
Dividend yield		─		─
Expected life in years		3.8		4.5
(1) At September 30, 2014, the Company's post-Merger historical volatility began to be considered representive of expected volatility going forward for these warrants.