General form of registration statement for all companies including face-amount certificate companies

Warrants (Tables)

v2.4.1.9
Warrants (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Changes and Error Corrections [Abstract]  
Summary of Placement Warrants Valuation Using Black-Scholes Pricing Model

The Placement Warrants were valued at their grant dates using the Black-Scholes pricing model and the following weighted average assumptions:

 

     December 31,
2014
 

Dividend yield

     0.00

Expected volatility

     74.66

Weighted average risk-free interest rate

     1.61

Expected term (years)

     5.00