Stockholders' Equity (Tables)
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3 Months Ended |
12 Months Ended |
Mar. 31, 2015 |
Dec. 31, 2014 |
Schedule of Warrants Outstanding [Table Text Block] |
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March 31, |
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2015 |
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2014 |
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Issued to Investors on July 28, 2010, entitling the holders to purchase
1,034,996
common shares in the Company at an exercise price of $9.00
per common share
up to and including July 27, 2017
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1,034,996
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1,034,996
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Issued to Investors on October 25, 2013, entitling the holders to purchase
1,250,000
common shares in the Company at an exercise price of $2.30
per common share
up to and including April 24, 2021
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1,117,178
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1,250,000
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Issued to Investors on November 17, 2014, entitling the holders to purchase
2,734,590
common shares in the Company at an exercise price of $2.31
per common share
up to and including May 16, 2022
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2,734,590
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-
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Total |
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4,886,764
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2,284,996
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Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
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Weighted |
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Weighted |
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Average |
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Average |
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Options |
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Exercise |
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Grant Date Fair |
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Outstanding |
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Price |
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Value |
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Beginning of the year |
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2,026,564
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$ |
9.19
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$ |
10.61
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Granted |
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-
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-
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-
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Exercised |
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-
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-
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-
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Forfeited |
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(114,407
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) |
$ |
6.63
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$ |
6.06
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Expired |
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-
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$ |
-
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$ |
-
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End of period |
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1,912,157
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$ |
9.35
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$ |
8.58
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Options exercisable |
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1,449,850
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$ |
11.52
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$ |
10.77
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Weighted |
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Weighted |
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Average |
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Average |
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Options |
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Exercise |
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Grant Date Fair |
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Outstanding |
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Price |
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Value |
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Beginning of the year |
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1,564,257
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$ |
9.19
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$ |
10.61
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Granted |
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579,429
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$ |
2.55
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$ |
1.79
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Exercised |
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-
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-
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-
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Forfeited |
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(117,122
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) |
$ |
2.55
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$ |
1.79
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Expired |
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-
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$ |
-
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$ |
-
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End of year |
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2,026,564
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$ |
9.19
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$ |
10.61
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Options exercisable |
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1,564,257
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$ |
11.16
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$ |
10.61
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Schedule of Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] |
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Stock Options Outstanding |
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Stock Options Vested |
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Weighted |
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Weighted |
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Average |
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Average |
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Remaining |
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Weighted |
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Remaining |
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Weighted |
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Contractual |
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Number |
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Average |
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Contractual |
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Number |
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Average |
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Life |
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of |
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Exercise |
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Life |
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of |
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Exercise |
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-Years |
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Awards |
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Price |
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-Years |
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Awards |
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Price |
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Exercise Prices |
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$2.55
- $5.00
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4.01
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|
645,644
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$ |
3.10
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|
3.81
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|
183,337
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$ |
4.50
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$5.01
- $12.90
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|
3.80
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668,177
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|
$ |
7.59
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3.80
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668,177
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$ |
7.59
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$13.50
-$18.90
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1.06
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358,336
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$ |
14.17
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1.06
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358,336
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$ |
14.17
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$19.20
-$23.85
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0.88
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240,000
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$ |
23.85
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0.88
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240,000
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$ |
23.85
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Total |
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2.99
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1,912,157
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$ |
9.35
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2.64
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1,449,850
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|
$ |
11.52
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Stock Options Outstanding |
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Stock Options Vested |
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Weighted |
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Weighted |
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Average |
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Average |
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Remaining |
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Weighted |
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Remaining |
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|
Weighted |
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Contractual |
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Number |
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Average |
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Contractual |
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Number |
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Average |
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Life |
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of |
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Exercise |
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Life |
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of |
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|
Exercise |
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-Years |
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Awards |
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Price |
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-Years |
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Awards |
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Price |
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Exercise Prices |
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$2.55
- $5.00
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|
4.26
|
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|
645,644
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|
$ |
3.10
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|
4.06
|
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|
183,337
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|
$ |
4.50
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|
$5.01
- $12.90
|
|
4.11
|
|
|
782,584
|
|
$ |
7.45
|
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|
4.11
|
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|
782,584
|
|
$ |
7.45
|
|
$13.50
-$18.90
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|
1.30
|
|
|
358,336
|
|
$ |
14.17
|
|
|
1.30
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|
|
358,336
|
|
$ |
14.17
|
|
$19.20
-$23.85
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|
1.12
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|
240,000
|
|
$ |
23.85
|
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|
1.12
|
|
|
240,000
|
|
$ |
23.85
|
|
Total |
|
3.31
|
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|
2,026,564
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|
$ |
9.19
|
|
|
3.00
|
|
|
1,564,257
|
|
$ |
11.16
|
|
|
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] |
|
Year ended |
Year ended |
|
12/31/2014 |
12/31/2011 |
|
|
|
Average risk-free interest rate |
1.68%
|
3.35%
|
Average expected life- years |
5
|
10
|
Expected volatility |
90.44%
|
94.32%
|
Expected dividends |
0
|
0
|
|
|