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Agreements with former officer
12 Months Ended
Dec. 31, 2014
Postemployment Benefits [Abstract]  
12. Agreements with former officer

In February 2013, the Company granted warrants to purchase up to 200,000 shares of common stock to Kim Petry, the Company’s former CFO. She replaced former CFO, Jonathan Shultz. The warrants vest over a period of three years; have an exercise price of $5.85 per share; include a cashless exercise option; and expire five years after the date of grant. The fair value of these warrants on the grant date was $587,802.  Ms. Petry resigned from the Company in October 2013, and the cost associated with the remainder of her warrants was recorded then.