XML 53 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Warrant Liabilities (Tables)
6 Months Ended
Jun. 30, 2013
Warrant Liabilities [Abstract]  
Schedule of weighted-average assumptions
The following reflects the weighted-average assumptions for each of the six-month periods indicated:
 
        
   
Six Months
  
Ended June 30,
 
 
 
2013
  
2012
 
        
Risk-free interest rate
  0.63%  0.54%
Expected dividend yield
  0%  0%
Expected lives
  2.96   3.90 
Expected volatility
  67.3%  86.3%
Warrants classified as liabilities
 $3,133,743  $19,155,292 
Gain (loss) on warrant liabilities
 $838,487  $(12,416,358)