Annual report pursuant to Section 13 and 15(d) 12-31-2014

Organization and Summary of Significant Accounting Policies (Tables)

v2.4.1.9
Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Effect of Changes in Assumptions on Estimated Liability

The effect of changes to these significant assumptions on the estimated liability for these instruments is as follows:

 

Fair value of underlying stock increases

 

Warrant liability increases

 

 

Risk free interest increases

 

Warrant liability decreases

 

 

Expected average life increases

 

Warrant liability increases

 

 

Expected dividend yield increases

 

Warrant liability decreases

 

 

Expected volatility increases

 

Warrant liability increases

 

 

 

Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Share

Potentially dilutive securities not included in the calculation of diluted net loss per share because to do so would be anti-dilutive are as follows (in common stock equivalent shares):

 

 

 

December 31,

 

 

 

2014

 

 

2013

 

Common stock warrants

 

 

16,657,021

 

 

 

473,835

 

Convertible notes

 

 

8,772,111

 

 

 

-

 

Common stock options

 

 

1,383,479

 

 

 

106,544

 

Restricted stock units

 

 

1,059,745

 

 

 

168,832

 

Convertible preferred stock

 

 

-

 

 

 

3,884,788

 

Preferred stock warrants

 

 

-

 

 

 

102,810

 

 

 

 

27,872,356

 

 

 

4,736,809