Quarterly report pursuant to Section 13 or 15(d)

Equity (Tables)

v3.7.0.1
Equity (Tables)
6 Months Ended
Jun. 30, 2017
Third Registered Direct Offering [Member]  
Schedule of Fair Value of Assumptions Used in Black-Schloes Option Pricing Model

  The following table sets forth the assumptions used in the Black-Scholes Option Pricing Model to estimate the fair value of the warrants upon issuance:

 

Market Price   $ 4.33  
Exercise Price   $ 4.69  
Risk-free interest rate     1.95 %
Expected volatility     124.02 %
Expected life in years     5.0  
Expected dividend yield     0.00 %

RedPath Equityholder Representative [Member]  
Schedule of Fair Value of Assumptions Used in Black-Schloes Option Pricing Model

The following table sets forth the assumptions used in the Black-Scholes Option Pricing Model to estimate the fair value of the warrants upon issuance:

 

Market Price   $ 2.37  
Exercise Price   $ 4.69  
Risk-free interest rate     1.95 %
Expected volatility     125.58 %
Expected life in years     5.5  
Expected dividend yield     0.00 %

Base Warrants and Overallotment Warrants [Member]  
Schedule of Fair Value of Assumptions Used in Black-Schloes Option Pricing Model

The following table sets forth the assumptions used in the Black-Scholes Option Pricing Model to estimate the fair value of the Base Warrants and Overallotment Warrants upon issuance:

 

Market Price   $ 0.87  
Exercise Price   $ 1.25  
Risk-free interest rate     1.75 %
Expected volatility     134.21 %
Expected life in years     5.0  
Expected dividend yield     0.00 %