v2.4.1.9
FAIR VALUE MEASURMENTS (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Estimating the warrants' fair value

In estimating the warrants' fair value, the Company used the following assumptions:

 

    Issuance date and
March 31,
    2015
     
Dividend yield (1)   0%
Expected volatility (2)   63-67%
Risk-free interest (3)   0.89-1.37%
Expected term (years) (4)   3.25-4.25
Fair value measurement using significant unobservable inputs (Level 3)

Fair value measurement using significant unobservable inputs (Level 3):

 

    Fair value of
warrants to
Common stock
 
       
Balance at January 1, 2015   $ 734  
Change in fair value of warrants     (25 )
         
Balance at March 31, 2015   $ 709