Quarterly report pursuant to Section 13 or 15(d)

2. Summary of Significant Accounting Policies (Tables)

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2. Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2015
Summary Of Significant Accounting Policies Tables  
Summary of the changes in fair value of the warrant liability

The table below provides a summary of the changes in fair value of the warrant liability measured at fair value on a recurring basis:

 

Balance at January 1, 2014   $ -  
Issuance of warrants     9,801,200  
Change in value of warrant liability     (4,204,189 )
Balance at December 31, 2014   $ 5,597,011  
         
Change in value of warrant liability     (1,461,324 )
Balance at September 30, 2015   $ 4,135,687