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8. Fair Value of Warrants
9 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
8. Fair Value of Warrants

The following table summarizes the assumptions used in computing the fair value of warrants subject to liability and fair value accounting at September 30, 2015:

 

Expected dividend yield     0 %
Risk-free interest rate     0.49% - 0.78 %
Expected volatility     77.37% - 82.25 %
Expected Life (years)     1.7 - 2.3  
Exercise price   $ 0.01  
Company stock price   $ 2.75