XML 27 R16.htm IDEA: XBRL DOCUMENT v3.4.0.3
Loan Agreements (Tables)
3 Months Ended
Mar. 31, 2016
Hercules Loan Agreement [Member] | Common Stock Warrants [Member]  
Debt Instrument [Line Items]  
Fair Value of Stock Warrants Calculated using Black-Scholes Assumptions

The following table shows the Black-Scholes assumptions used to value the warrant:

 

 

 

January 8, 2015

 

Contractual life

 

5 years

 

Volatility rate

 

 

61

%

Risk-free interest rate

 

 

1.50

%

Expected dividends