Estimated Fair Value of Options and Warrants Determined Using Black-Scholes Option Valuation Model with Weighted-Average Assumptions (Detail) (USD $)
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0 Months Ended | 12 Months Ended | ||
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Feb. 06, 2015
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Sep. 26, 2014
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May 31, 2014
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May 31, 2013
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Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items] | ||||
Risk free rate, minimum | 0.52%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum | 0.12%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum | ||
Risk free rate, maximum | 1.85%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum | 0.70%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum | ||
Dividend yield | $ 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend | $ 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend | ||
Volatility, minimum | 78.73%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum | 87.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum | ||
Volatility, maximum | 92.92%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum | 102.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum | ||
Expected term | 5 years | 5 years | ||
Minimum | ||||
Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items] | ||||
Expected term | 2 years 6 months | 1 year | ||
Grant-date fair value |
$ 0.40us-gaap_SharePrice / us-gaap_RangeAxis = us-gaap_MinimumMember |
$ 0.56us-gaap_SharePrice / us-gaap_RangeAxis = us-gaap_MinimumMember |
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Maximum | ||||
Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items] | ||||
Expected term | 3 years 6 months | 4 years | ||
Grant-date fair value |
$ 0.67us-gaap_SharePrice / us-gaap_RangeAxis = us-gaap_MaximumMember |
$ 0.89us-gaap_SharePrice / us-gaap_RangeAxis = us-gaap_MaximumMember |
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- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. No definition available.
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The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. No definition available.
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The maximum risk-free interest rate assumption that is used in valuing an option on its own shares. No definition available.
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The minimum risk-free interest rate assumption that is used in valuing an option on its own shares. No definition available.
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Disclosure of the weighted average expected dividend for an entity using a valuation technique with different dividend rates during the contractual term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Price of a single share of a number of saleable stocks of a company. No definition available.
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