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Note 3 - Fair Value of Financial Instruments (Tables)
3 Months Ended 6 Months Ended
Mar. 31, 2013
Jun. 30, 2013
Fair Value Disclosures [Abstract]    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
   
Three months ended June 30, 2013
   
Six months ended June 30, 2013
 
   
Accrued Warrant
Liability
   
Compensatory
Stock Options
Not Yet Issued
   
Accrued Warrant
Liability
   
Compensatory
Stock Options
Not Yet Issued
 
                         
Beginning balance
  $ 7,553,382     $ 63,641     $ 4,105,659     $ -  
Total (gains) or losses, realized and unrealized, included in earnings (1)
    (2,795,612 )     -       652,111       -  
Estimates and other changes in fair value (2)
    -       197       -       63,838  
Settlements
    -       -       -       -  
                                 
Balance, June 30, 2013
  $ 4,757,770     $ 63,838     $ 4,757,770     $ 63,838  
   
Three months ended June 30, 2012
   
Six months ended June 30, 2012
 
   
Accrued Warrant
Liability
   
Compensatory
Stock Options
Not Yet Issued
   
Accrued Warrant
Liability
   
Compensatory
Stock Options
Not Yet Issued
 
                         
Beginning balance
  $ 5,566,203     $ 85,000     $ 7,285,959     $ 378,750  
Total (gains) or losses, realized and unrealized, included in earnings (1)
    (2,543,270 )     -       (4,263,026 )     51,823  
Estimates and other changes in fair value (2)
    -       29,617       -       114,617  
Settlements
    -       -       -       (430,573 )
                                 
Balance, June 30, 2012
  $ 3,022,933     $ 114,617     $ 3,022,933     $ 114,617  
   
As of June 30, 2013
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Liabilities:
                       
Compensatory stock options not yet issued (1)
  $ -     $ -     $ 63,838     $ 63,838  
Accrued warrant liability
    -       -       4,757,770       4,757,770  
                                 
Total liabilities
  $ -     $ -     $ 4,821,608     $ 4,821,608  
   
As of December 31, 2012
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Liabilities:
                       
Accrued warrant liability
  $ -     $ -     $ 4,105,659     $ 4,105,659  
                                 
Total liabilities
  $ -     $ -     $ 4,105,659     $ 4,105,659  
Schedule of Share-based Payment Award, Warrant Liability, Valuation Assumptions [Table Text Block]  
   
June 30, 2013
 
December 31, 2012
             
Stock Price
  $1.58   $1.33
Exercise Price
  $1.60 - 5.00   $1.60 - 5.00
Term in years
  0.84 - 2.16   1.09 - 2.41
Volatility
  68.47 - 87.18%   82.75 - 95.91%
Annual rate of quarterly dividends
  0%   0%
Discount rate- bond equivalent yield
  .13 - .40%   .17 - .29%
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]  
   
June 30, 2013
 
       
Stock price
  $ 1.58  
Term in years
    5  
Volatility
    80.80 %
Annual rate of quarterly dividends
    0 %
Discount rate - bond equivalent yield
    1.41 %
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]  
   
June 30, 2013
Description
 
Fair Value
 
Valuation Technique
 
Unobservable Input
 
Estimate/
Range
                   
Compensatory stock options not yet issued
  $ 63,838  
Black-scholes pricing model
 
Expected term
  5
             
Quantity of options
  62,500
                   
Accrued warrant liability
    4,757,770  
Black-scholes pricing model
 
Expected term
  0.84 - 2.16
                       
    $ 4,821,608