Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The weighted-average Black-Scholes assumptions are as follows:
 
 
 
For The Three And Six Months Ended June 30,
 
 
 
2015
 
2014
 
Expected life
 
 
4 years
 
 
6 years
 
Risk free interest rate
 
 
1.32%
 
 
2.67%
 
Expected volatility
 
 
80%
 
 
80%
 
Expected dividend yield
 
 
0%
 
 
0%
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
  Potentially dilutive securities are excluded from the computation of diluted net loss per share as their inclusion would be anti-dilutive and consist of the following:
 
 
 
June 30,
 
June 30,*
 
 
 
2015
 
2014
 
Options
 
 
3,340,959
 
 
1,225,219
 
Warrants
 
 
7,936,391
 
 
833,617
 
Preferred Stock Series B
 
 
-
 
 
2,600,000
 
Totals
 
 
11,277,350
 
 
4,658,836
 
 
* June 30, 2014 does not include shares and common  stock purchase warants issuable under Put Agreements contingent upon the completion of the IPO.