Warrant Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Warrant Liabilities [Abstract]

Schedule of weighted-average assumptions

The following reflects the weighted-average assumptions for each of the nine-month periods indicated:

	Nine Months Ended September 30,
	2014			2013
Risk-free interest rate		0.54	%		0.59	%
Expected dividend yield		0	%		0	%
Expected lives		1.71			2.71
Expected volatility		81.9	%		66.7	%
Warrants classified as liabilities (in shares)		6,984,716			6,984,716
Gain (loss) on warrant liability	$	19,560,350		$	(3,172,324	)