Senior Notes Payable (Tables)

9 Months Ended

Sep. 30, 2015

Senior Notes Payable [Abstract]

Summary of Notes Payable

In the following table is a summary of the Company's notes payable:

	September 30, 2015
	(unaudited)
Senior-secured notes payable, net of unamortized debt discount of $1,152	$	8,848

Key Assumptions Used to Value the Warrants

The key assumptions used to value the warrants are as follows:

	June 22, 2015	September 30, 2015
Number of shares underlying warrants	3,000,000	3,000,000
Exercise price	$0.75	$0.75
Share price	$1.38	$1.14
Fair value of warrants	$2,959	$2,561
Probability of stockholder approval	80.0%	100.0%
Volatility	90.0%	90.0%
Risk-free interest rate	1.62%	1.30%
Expected dividend yield	0%	0%
Expected warrant life	5 years	4.73 years