XML 33 R18.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2015
Stock-Based Compensation [Abstract]  
Schedule of share option activity

 
Nine months ended September 30,  
    2015     2014  
    Unaudited     Unaudited  
          Weighted           Weighted  
          average           average  
    Number     exercise     Number     exercise  
    of options     price     of options     price  
          $           $  
                       
Outstanding at the beginning of the year     28,603,000       0.18       12,915,261       0.27  
Granted*     7,530,000       0.50       17,660,000       0.11  
Exercised     (150,000 )     0.10       (10,000 )     0.10  
Forfeited     (2,050,815 )     0.25       (753,333 )     0.10  
Expired     (2,395,852 )     0.09       (722,261 )     0.51  
                                 
Outstanding as of September 30, 2015    

31,536,333

      0.26       29,089,667       0.17  
Options exercisable at the end of the half year     17,876,833       0.11       12,013,833       0.10  

 

* The fair value of each option granted is estimated on the date of grant, using the Black-Scholes option-pricing model with the following weighted average assumptions: dividend yield of 0% for all years; expected volatility - 85%; risk-free interest rate - 1.0%; expected life 5 years.