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Note 10 - Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Other Share-based Compensation, Activity [Table Text Block]

 

 

Shares

 

 

Range of Exercise

Price

 

 

Weighted Average

Exercise Price

 

Options outstanding at December 31, 2011

 

 

 

 

 $

 

 

 

 

 $

 

Granted

 

 

3,890,534

 

 

 

0.03

2.00

 

 

 

0.33

 

Forfeited

 

 

(115,000

)

 

 

0.44

0.61

 

 

 

0.57

 

Options outstanding at December 31, 2012

 

 

3,775,534

 

 

 

0.03

2.00

 

 

 

0.32

 

Granted

 

 

790,000

 

 

 

0.61

1.80

 

 

 

1.15

 

Forfeited

 

 

(528,958

)

 

 

0.03

0.61

 

 

 

0.33

 

Transferred to Immune 2013 Plan

 

 

(4,036,576

 

 $

0.03

2.00

 

 

 

0.37

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Options outstanding at December 31, 2013 and March 31, 2014

 

 

 

 

       

 

 

$

 

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Title

Grant date

No. of

options

Exercise price

Share price at grant date

Vesting terms (years)

Assumptions used in Black-Scholes option pricing model

Management, Directors and Employees

February 2014

1,075,000

 

$2.38

   

$2.38

  Over 1.0

-

3.0

Volatility      

  89%  
                        Risk free interest rate       2.82%  
                        Expected term, in years     10.00  
                        Dividend yield       0.00%  

Consultants

February-March

2014

155,000

$2.38

-

$4.00 $2.38

-

$4.00  

Over 1.0

 

Volatility       

  89%  
                       

Risk free interest rate      

2.82% - 3.01%
                       

Remaining expected term, in years  

  10.00  
                        Dividend yield     0.00%  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

Title

Grant date

No. of stock awards

Share price at grant date

Vesting terms (years)

Consultants

January-March 2014

715,955

$1.70

-

$4.82 Over 0

-

3
Schedule of Share-based Compensation, Activity [Table Text Block]
   

Stock awards

   

Options

         
   

No. of stock

awards

   

Weighted average

grant date fair value

   

No. of options

   

Weighted average

exercise price

   

Exercise price

range

   

Weighted average grant date fair value

   

Aggregate Intrinsic

Value

 

Outstanding at January 1, 2014

                3,192,849     $ 3.81     $0.04 $4,153.00     $ 1.67     $ 12,042  

Granted

    715,955     $ 2.33       1,230,000     $ 2.53     $2.38 $4.67     $ 2.15     $ 2,818  

Exercised

    (415,955

)

  $ 2.64                                  

Forfeited

                                           

Expired

                  (276

)

  $ 5,648       $5,648.40             $  

Outstanding at March 31, 2014

    300,000     $ 2.25       4,422,573     $ 3.10     $0.04 - $4,153.00     $ 1.81     $ 14,860  

Exercisable at March 31, 2014

                2,917,809     $ 3.51     $0.04 - $5,648.40     $ 1.64     $ 14,507  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
   

Number of Warrants

   

Weighted Average

Exercise Price

   

Exercise price range

Warrants outstanding at January 1, 2014

    2,005,684     $ 16.23     $1.10 - $124.20

Issued in connection with March 2014 financing (1)

    3,361,904     $ 4.68      $4.25 - $5.10

Issuance to lead investors (2)

    134,004     $ 5.04       $5.04  

Expired

    (11,574

)

  $ 135.00       $135.00  

Warrants outstanding at March 31, 2014

    5,490,018     $ 8.84     $1.10 - $124.20