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<us-gaap:NatureOfOperations contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 1&amp;#8212;General&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Vringo, Inc., together with its consolidated subsidiaries (the &amp;#8220;Company&amp;#8221; or &amp;#8220;Vringo&amp;#8221;), is engaged in the innovation, licensing and protection of intellectual property worldwide. Vringo's intellectual property portfolio consists of over 500 patents and patent applications covering telecom infrastructure, internet search and mobile technologies. The Company&amp;#8217;s patents and patent applications have been developed internally and acquired from third parties. Vringo operates a global platform for the distribution of mobile social applications and services it develops.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;On July 19, 2012, Vringo, Inc., a Delaware corporation (&amp;#8220;Vringo&amp;#8221; or &amp;#8220;Legal Parent&amp;#8221;), closed a merger transaction (the &amp;#8220;Merger&amp;#8221;) with Innovate/Protect, Inc., a privately held Delaware corporation (&amp;#8220;I/P&amp;#8221;), pursuant to an Agreement and Plan of Merger, dated as of March&amp;#160;13, 2012 (the &amp;#8220;Merger Agreement&amp;#8221;), by and among Vringo, I/P and VIP Merger Sub, Inc., a wholly-owned subsidiary of Vringo (&amp;#8220;Merger Sub&amp;#8221;). Pursuant to the Merger Agreement, I/P became a wholly-owned subsidiary of Vringo through a merger of I/P with and into Merger Sub, and the former stockholders of I/P received shares of Vringo that constituted a majority of the outstanding shares of Vringo.&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Because former I/P stockholders owned, immediately following the Merger, approximately 67.61% of the combined company on a fully diluted basis, and as a result of certain other factors, I/P was deemed to be the acquiring company for accounting purposes and the transaction was accounted for as a reverse acquisition in accordance with accounting principles generally accepted in the United States (&amp;#8220;U.S. GAAP&amp;#8221;). Accordingly, the Company&amp;#8217;s financial statements for periods prior to the Merger reflect the historical results of I/P and not Vringo&amp;#8217;s historical results prior to the Merger, and the Company&amp;#8217;s financial statements for all periods from July 19, 2012 reflect the results of the combined company. Unless specifically noted otherwise, as used throughout these consolidated financial statements, the term &amp;#8220;Company&amp;#8221; refers to the combined company after the Merger, and the business of I/P before the Merger. The terms I/P and Vringo refer to such entities&amp;#8217; standalone businesses prior to the Merger.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;I/P (a development stage company) was incorporated on June 8, 2011 (&amp;#8220;Inception&amp;#8221;) under the laws of Delaware as Labrador Search Corporation.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Based on current operating plans, the current resources of the Company are expected to be sufficient for at least the next twelve months. The Company may choose to raise additional funds in connection with any future acquisition of additional intellectual property assets, operating businesses or other assets that it may choose to pursue. There can be no assurance, however, that any such opportunities will materialize. Moreover, any potential financing would likely be dilutive to the Company&amp;#8217;s stockholders.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;As of March 31, 2013, approximately $448 and $31 of the Company's net assets were located in Israel and Germany, respectively. In addition, the Company owns patents issued outside of the United States.&lt;/p&gt;</us-gaap:NatureOfOperations>
<us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 2&amp;#8212;Significant Accounting and Reporting Policies&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(a) Basis of presentation&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The accompanying consolidated financial statements include the accounts of the Legal Parent, I/P and their wholly-owned subsidiaries, and are presented in accordance with instructions to Form 10-Q and, therefore, do not include all disclosures necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with U.S. generally accepted accounting principles. These financial statements should be read in conjunction with the consolidated financial statements and related notes for the year ended December&amp;#160;31, 2012. The results of operations for the three month period ended March 31, 2013 are not necessarily indicative of the results that may be expected for the entire fiscal year or for any other interim period. All significant intercompany balances and transactions have been eliminated in consolidation. These financial statements include the results of operations of I/P and its subsidiaries for all periods presented, with the results of operations of the Legal Parent and its subsidiaries for the period from July 19, 2012 (the effective date of the Merger). Moreover, equity amounts, as well as net loss per common share, presented for comparative periods differ from those previously presented by I/P, due to application of accounting requirements applicable to a reverse acquisition.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(b) Development stage enterprise&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company&amp;#8217;s principal activities to date have been focused on enforcement and development of its intellectual property, as well as on the research and development of its products. To date, the Company has not generated any significant revenues from its planned principal operations.&amp;#160;Accordingly, the Company&amp;#8217;s financial statements are presented as those of a development stage enterprise.&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(c) Translation into U.S. dollars&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The currency of the primary economic environment in which the operations of the Company are conducted is the U.S. dollar ("U.S. $" or &amp;#8220;$&amp;#8221;). Therefore, the U.S. dollar has been determined to be the Company's functional currency. Post-Merger, the Company conducted significant transactions in foreign currencies (primarily the New Israeli Shekels ("NIS") and Euro). These are recorded at the exchange rate as of the transaction date. All exchange gains and losses from remeasurement of monetary balance sheet items denominated in non-dollar currencies are reflected as finance expense in the statement of operations, as they arise.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;NIS&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Euro&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="width: 74%; color: black;"&gt;At March 31, 2013&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;3.648&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;0.782&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;At December 31, 2012&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.733&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.759&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Average exchange rate for the period from July 19, 2012 through March 31, 2013&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.846&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.775&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Average exchange rate for the period from January 1, 2013 through March 31, 2013&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.708&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.757&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: center; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: center; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(d) Use of estimates&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results may differ from such estimates. Significant items subject to such estimates and assumptions include valuation of assets assumed and liabilities incurred as part of the Merger, useful lives of the Company&amp;#8217;s tangible and intangible assets, valuation of its short-term investments and the October 2012 Warrants (as defined in Note 7) and derivative warrants, valuation of its share-based compensation, deferred tax assets and liabilities, income tax uncertainties and other contingencies.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(e) Cash and cash equivalents&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company invests its surplus cash in commercial paper, money market deposits and money market funds with financial institutions. The Company has established guidelines relating to diversification and maturities of its investments, in order to minimize credit risk and maintain high liquidity of funds. For the purpose of these financial statements, all highly liquid investments with original maturities of three months or less are considered cash equivalents. Cash and cash equivalents include $740 and $0 invested in commercial papers with an initial term (upon purchase by the Company) of less than three months at March&amp;#160;31, 2013 and December 31, 2012, respectively.&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(f) Short-term investments&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Currently, short-term investment securities as of March&amp;#160;31, 2013 and December 31, 2012, in the total amount of $3,120 and $0, respectively, consist of investment in commercial paper. The Company classified its investments as held-to-maturity. Held-to-maturity debt securities are those debt securities in which the Company has the ability and intent to hold the security until maturity. Held-to-maturity debt securities are recorded at amortized cost, adjusted for the amortization or accretion of premiums or discounts. Premiums and discounts on debt securities are amortized or accreted over the life of the related held-to-maturity security as an adjustment to yield using the effective-interest method. Such amortization and accretion is included in the &amp;#8220;non-operating income&amp;#8221; line item in the Consolidated Statements of Operations. Dividend and interest income are recognized when earned.&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(g) Net loss per share data&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Basic net loss per share is computed by dividing the net loss for the period by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing the net loss for the period by the weighted-average number of shares of common stock plus dilutive potential common stock considered outstanding during the period. Such dilutive shares consist of incremental shares that would be issued upon exercise of the Company&amp;#8217;s derivative warrants (see also Note 7). The table below presents the computation of basic and diluted net losses per common share:&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Three&amp;#160;months&amp;#160;ended&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Cumulative&amp;#160;from&lt;br  /&gt;Inception&amp;#160;to&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic Numerator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; width: 61%; color: black;"&gt;Net loss attributable to shares of common stock&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(35,559&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic Denominator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of shares of common stock outstanding during the period&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;82,185,649&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;35,835,214&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of penny stock options&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;203,704&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;113,220&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic common stock shares outstanding&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;82,389,353&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;35,948,434&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic net loss per common stock share&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(0.15&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.43&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.99&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted Numerator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Net loss attributable to shares of common stock&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(35,559&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Series 1 warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(4,060&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Preferential Reload warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(135&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Conversion warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(68&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Special Bridge warrants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(99&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted net loss attributable to shares of common stock:&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(39,921&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted Denominator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of shares of common stock outstanding during the period&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;82,185,649&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;35,835,214&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Series 1 warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;2,061,332&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Preferential Reload warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;63,203&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Conversion warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;39,921&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Special Bridge warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;58,394&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of penny stock options&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;203,704&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;113,220&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted common stock shares outstanding&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;82,389,353&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;38,171,284&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted net loss per common stock share&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(0.15&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.43&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(1.05&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;&lt;b&gt;Net loss per share data presented excludes from the calculation of diluted net loss the following potentially dilutive securities, outstanding as of March 31, 2013, as they had an anti-dilutive impact:&lt;/b&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; width: 61%; color: black;"&gt;Both vested and unvested options at $0.96-$5.50 exercise price, to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-weight: bold;"&gt;11,583,888&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;11,583,888&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Unvested $0.01 options to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;12,125&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;12,125&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Unvested Restricted Stock Units (&amp;#8220;RSU&amp;#8221;) to issue an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;3,336,375&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;3,336,375&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Common stock shares granted, but not yet vested&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;77,193&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;1,130,800&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;77,193&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Warrants to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;18,769,114&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;250,000&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;13,120,461&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Total number of potentially dilutive instruments, excluded from the calculation of net loss per share:&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;33,778,695&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;1,380,800&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;28,130,042&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(h) Reclassification&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Certain comparative figures were reclassified to conform to the Company&amp;#8217;s post-Merger presentation.&lt;/p&gt;</us-gaap:BasisOfPresentationAndSignificantAccountingPoliciesTextBlock>
<vrng:AcquiredIntangibleAssetsDisclosureTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 3&amp;#8212;Intangible Assets&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;As&amp;#160;of&amp;#160;March&amp;#160;31,&lt;br  /&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;As&amp;#160;of&amp;#160;December&amp;#160;31,&lt;br  /&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" nowrap="nowrap"&gt;Weighted&amp;#160;average&lt;br  /&gt;amortization&amp;#160;period&amp;#160;&lt;br  /&gt;(years)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 61%;"&gt;Acquired technology (see Note 5)&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;10,133&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;10,133&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; width: 12%;"&gt;6.0&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt;"&gt;Patents&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;26,694&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;26,694&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt;"&gt;8.5&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt;"&gt;Total&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;36,827&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;36,827&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Less: accumulated amortization&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;(4,038&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(2,783&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;32,789&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right;"&gt;34,044&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: center; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;In June 2011, the Company&amp;#8217;s subsidiary acquired patents from Lycos, Inc. The gross carrying amount of those patents is comprised of the original purchase price of $3,200 and $196 of associated patent acquisition costs.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;In August 2012, the Company purchased from Nokia Corporation a portfolio consisting of various patents and patent applications. The portfolio encompasses a broad range of technologies relating to telecom infrastructure, including communication management, data and signal transmission, mobility management, radio resources management and services. The total consideration paid for the portfolio was $22,000. In addition, the Company capitalized certain costs related to the acquisition of patents in the total amount of $548. Under the terms of the purchase agreement, to the extent that the gross revenue generated by such portfolio exceeds $22,000, the Company is obligated to pay a royalty of 35% of such excess. The Company has not recorded any amounts in respect of this contingent consideration, as both the amounts of future potential revenue, if any, and the timing of such revenue cannot be reliably established.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;In October 2012, the Company&amp;#8217;s subsidiary entered into a patent purchase agreement. As partial consideration, the Company issued 160,600 shares of common stock to the seller with the fair value of $750. In addition, under the terms of the purchase agreement, 20% of the gross revenue collected will be payable to the seller as a royalty. The Company has not recorded any amounts in respect of this contingent consideration, as both the amounts of future potential revenue, if any, and the timing of such revenue cannot be reliably established.&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.75in; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;During the three month periods ended March 31, 2013 and 2012, the Company recorded amortization expense of $1,255 and $155, respectively. During the period from Inception through March 31, 2013, total amortization expense of $4,038 was recorded. Estimated amortization expense for each of the five succeeding years, based upon intangible assets owned at March 31, 2013 is as follows:&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 70%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 1in;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="text-align: left;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Amount&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;Period ending December 31,&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%;"&gt;2013 (nine months ending December 31, 2013)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;3,746&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;2014&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;5,002&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;2015&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;5,002&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;2016&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,610&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;2017 and thereafter&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;14,429&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;32,789&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</vrng:AcquiredIntangibleAssetsDisclosureTextBlock>
<vrng:MezzanineEquityDisclosureTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 6&amp;#8212;Series A Convertible Preferred Stock&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Prior to the Merger, I/P was authorized to issue up to 10,000,000* shares of preferred stock, par value $0.0001, of which 6,968* shares of preferred stock were designated as Series A Convertible Preferred Stock with such rights and preferences designated in the relevant Certificate of Designations (the &amp;#8220;Series A Preferred Stock&amp;#8221;). In June 2011, I/P issued 6,968* shares of Series A Preferred Stock to Hudson Bay for $1,800. The Series A Preferred Stock had a liquidation preference of $1,250 per share and was otherwise convertible, at the option of the holder, into 6,968,000* shares of I/P&amp;#8217;s common stock at a conversion price of $1 per common share received, subject to adjustment for anti-dilution and other corporate events. In 2012, prior to the Merger, 295 shares of Series A Convertible Preferred Stock were converted into 295,000* shares of common stock of I/P.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Prior to the Merger, the Series A Convertible Preferred Stock was classified as mezzanine equity, because of certain cash redemption triggering events which were outside the control of the Company. Upon the Merger, the remaining 6,673* Series A Preferred stock shares were exchanged for 6,673 shares of equity-classified new Series A Convertible Preferred Stock, $0.01 par value (&amp;#8220;New Series A Convertible Preferred Stock&amp;#8221;), issued by Legal Parent to former stockholders of I/P, as part of the Merger. The shares of New Series A Convertible Preferred Stock were convertible into 20,136,445 shares of the Legal Parent&amp;#8217;s shares of common stock and were classified as equity, as a cash-based redemption event is only triggered by events which are fully in the control of the Company. In August 2012, following the consummation of the Merger, all outstanding shares of New Series A Convertible Preferred Stock were converted.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;* Share amounts were not &lt;font style="color: black;"&gt;retrospectively restated to reflect Vringo&amp;#8217;s equity instruments after the Merger.&lt;/font&gt;&lt;/p&gt;</vrng:MezzanineEquityDisclosureTextBlock>
<us-gaap:BusinessCombinationDisclosureTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 5 &amp;#8211; Business Combination&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;On July 19, 2012, I/P consummated the Merger with the Legal Parent, as also described in Note 1. The consideration consisted of various equity instruments, including: shares of common stock, preferred stock, options and warrants. The purpose of the Merger was to increase the combined company's intellectual property portfolio and array of products, to gain access to capital markets, and for other reasons. Upon completion of the Merger, (i) all then outstanding 6,169,661 common stock shares of I/P, par value $0.0001 per share, were exchanged for 18,617,569, shares of the Company&amp;#8217;s common stock, par value $0.01 per share, and (ii) all then outstanding shares of Series A Convertible Preferred Stock of I/P, par value $0.0001 per share, were exchanged for 6,673 shares of the Legal Parent&amp;#8217;s Series A Convertible Preferred Stock, par value $0.01 per share, which shares were convertible into 20,136,445 shares of common stock of the Legal Parent. In addition, the Legal Parent issued to the holders of I/P capital stock an aggregate of 15,959,838 warrants to purchase an aggregate of 15,959,838 shares of the Company&amp;#8217;s common stock with an exercise price of $1.76 per share. The Company recorded such warrants as a derivative long-term liability in the total amount of $21,954 (see also Note 4). In addition, all outstanding and unexercised options to purchase I/P common stock, whether vested or unvested, were converted into 41,178 options to purchase the Company&amp;#8217;s common stock. Immediately following the completion of the Merger, the former stockholders of I/P owned approximately 55.04% of the outstanding common stock of the combined company (or 67.61% of the outstanding shares of the Company&amp;#8217;s common stock, calculated on a fully diluted basis), and the Legal Parent&amp;#8217;s stockholders prior to the Merger owned approximately 44.96% of the outstanding common stock of the combined company (or 32.39% of the outstanding shares of its common stock calculated on a fully diluted basis). For accounting purposes, I/P was identified as the accounting &amp;#8220;acquirer&amp;#8221;, as it is defined in FASB Topic ASC 805. The total purchase price of $75,654 was allocated to the assets acquired and liabilities assumed of the Legal Parent. Registration and issuance cost, in the total amount of $463, was recorded against the additional paid-in capital.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table align="center" style="width: 95%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="padding-left: 0px;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Provisional&amp;#160;allocation&lt;br  /&gt;of&amp;#160;purchase&amp;#160;price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-left: 0px; width: 87%; color: black;"&gt;Current assets, net of current liabilities&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;2,586&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-left: 0px; color: black;"&gt;Long-term deposit&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;8&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-left: 0px; color: black;"&gt;Property and equipment&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;124&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-left: 0px; color: black;"&gt;Technology&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;10,133&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; padding-left: 0px; color: black;"&gt;Goodwill&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;65,965&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; color: black; font-weight: bold;"&gt;Total assets acquired, net&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;78,816&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-left: 0px;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; color: black;"&gt;Fair value of outstanding warrants granted by Legal Parent prior to the Merger, classified as a long-term derivative liability&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(3,162&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; color: black; font-weight: bold;"&gt;Total liabilities assumed, net&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(3,162&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-left: 0px;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; padding-left: 0px;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;75,654&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-left: 0px; color: black; font-weight: bold;"&gt;Measurement of consideration:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-left: 0px; color: black;"&gt;Fair value of vested stock options granted to employees, management and consultants, classified as equity&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;7,364&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-left: 0px; color: black;"&gt;Fair value of outstanding warrants granted by the Legal Parent prior to the Merger, classified as equity&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;10,079&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; color: black;"&gt;Fair value of Vringo shares of common stock and vested $0.01 options granted to employees, management and consultants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;58,211&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; padding-left: 0px; color: black; font-weight: bold;"&gt;Total estimated purchase price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;75,654&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The fair values of the identified intangible assets were estimated using an income approach. Under the income approach, an intangible asset&amp;#8217;s fair value is equal to the present value of future economic benefits to be derived from ownership of the asset. Indications of value are developed by discounting future net cash flows to their present value at market-based rates of return. The goodwill recognized as a result of the acquisition is primarily attributable to the value of the workforce and other intangible asset arising as a result of name, operational synergies, products, and similar factors which could&amp;#160;not be separately identified. The useful life of the intangible assets for amortization purposes was determined considering the period of expected cash flows used to measure the fair value of the intangible assets adjusted as appropriate for the entity-specific factors including legal, regulatory, contractual, competitive economic or other factors that may limit the useful life of intangible assets. As of March 31, 2013, according to ASC 805, the purchase price allocation is still provisional. The Company expects the existing value of its goodwill to change upon completion of a study regarding its &lt;font style="color: black;"&gt;total net tax loss carryforwards &lt;/font&gt;utilizable for tax purposes, performed by a third party expert. Goodwill recognized is not deductible for income tax purposes. Had the acquisition taken place on June 8, 2011 (Inception), the revenue in the consolidated statement of operations and the consolidated net loss would have been as follows:&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="text-align: center;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Three&amp;#160;month&amp;#160;period&lt;br  /&gt;ended&amp;#160;March&amp;#160;31,&lt;br  /&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Cumulative&amp;#160;from&lt;br  /&gt;Inception&amp;#160;to&amp;#160;March&amp;#160;31,&lt;br  /&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Revenue&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Net Loss&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Revenue&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Net Loss&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 48%;"&gt;Total amount&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;106&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(7,762&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;1,074&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(52,580&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: right; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The pro forma adjustment consists of amortization of acquired technology. The amortization, net, for the three month period ended March 31, 2012 would have been $247. The amortization, net, for the period from Inception through March 31, 2013 would have been $1,789. The above pro forma disclosure excludes the possible impact of valuation of equity and derivative instruments valued in connection with the Merger.&lt;/p&gt;</us-gaap:BusinessCombinationDisclosureTextBlock>
<us-gaap:FairValueDisclosuresTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 4&amp;#8212;Fair Value Measurements &lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company measures fair value in accordance with ASC&amp;#160;820-10, &amp;#8220;&lt;i&gt;Fair Value Measurements and Disclosures&lt;/i&gt;&amp;#8221; (formerly SFAS&amp;#160;157, &amp;#8220;&lt;i&gt;Fair Value Measurements&lt;/i&gt;&amp;#8221;). ASC&amp;#160;820-10 clarifies that fair value is an exit price, representing the amount that would be received by selling an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability. As a basis for considering such assumptions, ASC&amp;#160;820-10 establishes a three-tier value hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value:&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Level&amp;#160;1 Inputs&lt;/b&gt;: Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Level&amp;#160;2 Inputs&lt;/b&gt;: Inputs are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant inputs are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Level&amp;#160;3 Inputs:&lt;/b&gt; Unobservable inputs for the asset or liability used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at measurement date. The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company measures its derivative liabilities at fair value. The Special Bridge Warrants, Conversion Warrants, Preferential Reload Warrants and Series 1 Warrants (as they are defined in Note 7) are classified within Level 3 because they are valued using the Black-Scholes-Merton and the Monte-Carlo models (as all of these warrants include down-round protection clauses), which utilize significant inputs that are unobservable in the market.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table presents the Company&amp;#8217;s assets and liabilities measured at fair value on a recurring basis as of March 31, 2013 and December 31, 2012, aggregated by the level in the fair-value hierarchy within which those measurements fall:&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="10"&gt;Fair&amp;#160;value&amp;#160;measurement&amp;#160;at&amp;#160;reporting&amp;#160;date&amp;#160;using&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Quoted&amp;#160;prices&amp;#160;in&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;active&amp;#160;markets&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Significant&amp;#160;other&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Significant&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;March&amp;#160;31,&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;for&amp;#160;identical&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;observable&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;unobservable&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; color: black; font-weight: bold;"&gt;Description&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;assets&amp;#160;(Level&amp;#160;1)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;inputs&amp;#160;(Level&amp;#160;2)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;inputs&amp;#160;(Level&amp;#160;3)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Liabilities as of March 31, 2013:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 48%; color: black;"&gt;Derivative liabilities on account of warrants&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; font-weight: bold;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;Total liabilities as of March 31, 2013:&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Liabilities as of December 31, 2012:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 48%; color: black;"&gt;Derivative liabilities on account of warrants&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black; font-weight: bold;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;Total liabilities as of December 31, 2012:&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-weight: bold;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: center; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;font style="background-color: white;"&gt;In addition to the above, the Company&amp;#8217;s financial instruments at March 31, 2013 and December&amp;#160;31, 2012 consisted of cash, cash equivalents, short-term investments, accounts receivable, accounts payable and long term deposits. The carrying amounts of all the aforementioned financial instruments approximate fair value. The following table summarizes the changes in the Company&amp;#8217;s liabilities measured at fair value using significant unobservable inputs (Level 3) during the period from Inception through March 31, 2013.&lt;/font&gt; No assets, nor liabilities, were valued using Level 3 inputs for the period ended March 31, 2012&lt;font style="background-color: white;"&gt;:&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Level&amp;#160;3&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;
&lt;p style="margin: 0pt 0px;"&gt;Balance at Inception&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;
&lt;p style="margin: 0pt 0px;"&gt;Balance at December 31, 2011&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%;"&gt;Derivative warrants issued to I/P&amp;#8217;s shareholders in connection with the Merger, July 19, 2012&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;21,954&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;Fair value of derivative warrants issued by Legal Parent (see Note 5)&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;3,162&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;Fair value adjustment, prior to exercise of warrants, included in statement of operations&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;156&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;Exercise of derivative warrants&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(10,657&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;Fair value adjustment at end of period, included in statement of operations&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(7,003&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="font-weight: bold;"&gt;Balance at December 31, 2012&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;Fair value adjustment, prior to exercise of warrants, included in statement of operations&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(22&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;Exercise of derivative warrants&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(69&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;Fair value adjustment at end of period, included in statement of operations&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;398&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;Balance at March 31, 2013&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;Valuation processes for Level 3 Fair Value Measurements&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Fair value measurement of the derivative liability on account of Special Bridge Warrants, Conversion Warrants, Preferential Reload Warrants and Series 1 Warrants (as defined in Note 7) fall within Level 3 of the fair value hierarchy.&amp;#160;The fair value measurements are evaluated by management to ensure that changes are consistent with expectations of management based upon the sensitivity and nature of the inputs.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 7pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Description&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-size: 7pt; vertical-align: top; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Valuation technique&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Unobservable inputs&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; font-size: 7pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Range&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Special Bridge Warrants, Conversion Warrants, Preferential Reload Warrants and the Series 1 Warrants&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Black-Scholes-Merton and the Monte-Carlo models&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Volatility&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;56.48% &amp;#8211; 58.10%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Risk free interest rate&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;0.25% &amp;#8211; 0.60%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Expected term, in years&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;1.75 &amp;#8211; 4.30&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="width: 30%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 25%; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 25%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 15%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;0%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-size: 7pt;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Probability and timing of down-round triggering event&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;15% occurrence in December 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;Sensitivity of Level 3 measurements to changes in significant unobservable inputs&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The inputs to estimate the fair value of the Company&amp;#8217;s derivative warrant liability are the current market price of the Company&amp;#8217;s common stock, the exercise price of the warrant, its remaining expected term, the volatility of the Company&amp;#8217;s common stock market price, the Company&amp;#8217;s estimations regarding the probability and timing of a down-round protection triggering event and the risk-free interest rate.&amp;#160;Significant changes in any of those inputs in isolation can result in a significant change in the fair value measurement.&amp;#160;Generally, a positive change in the market price of the Company&amp;#8217;s common stock, and an increase in the volatility of the Company&amp;#8217;s shares of common stock, or an increase in the remaining term of the warrant, or an increase of a probability of a down-round triggering event would each result in a directionally similar change in the estimated fair value of the Company&amp;#8217;s warrants and thus an increase in the associated liability and vice-versa.&amp;#160;An increase in the risk-free interest rate or a decrease in the positive differential between the warrant&amp;#8217;s exercise price and the market price of the Company&amp;#8217;s shares of common stock would result in a decrease in the estimated fair value measurement of the warrants and thus a decrease in the associated liability.&amp;#160;The Company has not, nor plans to, declare dividends on its common stock, and thus, there is no change in the estimated fair value of the warrants due to the dividend assumption.&lt;/p&gt;</us-gaap:FairValueDisclosuresTextBlock>
<us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 7&amp;#8212;Stockholders&amp;#8217; Equity&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Pre-Merger common stock share amounts and balance sheet disclosures were retrospectively restated to reflect Vringo&amp;#8217;s equity instruments after the Merger.&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;(a) Common Stock&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table summarizes information about the Company's issued and outstanding common stock from Inception through March&amp;#160;31, 2013:&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Shares&amp;#160;of&amp;#160;common&amp;#160;stock&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Balance as of June&amp;#160;8, 2011 (Inception)&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%; color: black;"&gt;Grant of shares at less than fair value to officers, directors and consultants&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;8,768,014&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;Issuance of shares of common stock&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;8,204,963&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Balance as of December 31, 2011&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;16,972,977&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Conversion of Series A Preferred Convertible Preferred stock, classified as mezzanine equity&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;890,192&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Grant of shares to consultants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;265,000&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Legal Parent&amp;#8217;s shares of common stock, recorded upon Merger&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;15,206,118&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Exercise of 250,000 warrants, issued and exercised prior to the Merger&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;754,400&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Post-Merger exercise of warrants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;6,832,150&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Exercise of stock options and RSUs&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;726,346&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Conversion of Series A Preferred Convertible Preferred stock, classified as equity&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;20,136,445&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Issuance of shares of common stock in connection with $31,148 received in a private financing round, net of issuance cost of $52&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;9,600,000&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Issuance of shares of common stock in connection with $44,962 received in a private financing round, net of issuance cost of $39&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;10,344,998&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Shares issued for acquisition of patents, see Note 3&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;160,600&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Balance as of December 31, 2012&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;81,889,226&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Exercise of warrants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;94,147&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Exercise of stock options and RSUs&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;533,562&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;Balance as of March 31, 2013&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-weight: bold;"&gt;82,516,935&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;(b) Equity Incentive Plan&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;In August 2011, I/P adopted its 2011 Equity and Performance Incentive Plan (the &amp;#8220;I/P 2011 Plan&amp;#8221;). The I/P 2011 Plan provided for the issuance of stock options and restricted stock to the Company&amp;#8217;s directors, employees and consultants. Terminated, expired or forfeited grants may be reissued under the I/P 2011 Plan. The number of shares available under I/P 2011 Plan was subject to adjustments for certain changes. Following the Merger with the Legal Parent, the I/P 2011 Plan was assumed by the Company&amp;#8217;s 2012 Employee, Director and Consultant Equity Incentive Plan (&amp;#8220;2012 Plan&amp;#8221;).&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;font style="color: black;"&gt;On July 19, 2012, following the Merger with the Legal Parent, the Company&amp;#8217;s stockholders approved the 2012 Plan, replacing the existing 2006 Stock Option Plan of the Legal Parent, and the remaining 9,100,000 authorized shares thereunder were cancelled. The 2012 Plan was approved in order to ensure full compliance with legal and tax requirements under U.S. law. The number of shares subject to the 2012 Plan is the sum of: (i) 15,600,000 shares of common stock, which constitutes 6,500,000 new shares and 9,100,000 previously authorized but unissued shares under the 2006 Stock Option Plan and (ii) any shares of common stock that are represented by awards granted under the Legal Parent&amp;#8217;s 2006 Stock Option Plan that are forfeited, expired or are cancelled without delivery of shares of common stock or which result in the forfeiture of shares of common stock back to the Company, or the equivalent of such number of shares after the administrator, in its sole discretion, has interpreted the effect of any stock split, stock dividend, combination, recapitalization or similar transaction in accordance with the 2012 Plan; provided, however, that no more than 3,200,000 shares shall be added to the 2012 Plan. &lt;/font&gt;As of March 31, 2013, 3,722,750 shares were available for future grants under the 2012 Plan.&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;(c) Stock options and RSUs&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.55pt; margin: 0pt 0px 0pt 35.45pt; font: 10pt times new roman, times, serif;"&gt;The following table illustrates the common stock options granted for the three month period ended March 31, 2013:&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 7pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;Title&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;Grant&amp;#160;date&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;" colspan="2"&gt;&lt;font style="font-size: 7pt;"&gt;No.&amp;#160;of&lt;br  /&gt;options&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;" colspan="2"&gt;&lt;font style="font-size: 7pt;"&gt;Exercise&amp;#160;price&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; font-size: 7pt; font-weight: bold;" colspan="2"&gt;&lt;font style="font-size: 7pt;"&gt;Share&amp;#160;price&amp;#160;at&amp;#160;grant&lt;br  /&gt;date&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;Vesting&amp;#160;terms&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; font-size: 7pt; font-weight: bold;" colspan="5"&gt;&lt;font style="font-size: 7pt;"&gt;Assumptions&amp;#160;used&amp;#160;in&amp;#160;Black-Scholes&amp;#160;option&lt;br  /&gt;pricing&amp;#160;model&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 0px; width: 18%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Management, Directors and Employees *&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 9%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;January-March 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 7%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;2,630,833&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 7%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$3.18-$3.24&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 8%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$3.18-$3.24&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 8%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Over 1-3 years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; width: 18%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Volatility&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 10%; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;63.65%-64.26%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Risk free interest rate&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;1.07%-2.06%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Expected term, in years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;5.71-10.00&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;0.00&lt;/font&gt;%&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Consultants *&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;January-March 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;112,500&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$2.90-$3.30&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$2.90-$3.30&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Over 0-2.5 years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Volatility&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;63.87%-68.96%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Risk free interest rate&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;1.86%-2.16%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Remaining expected term, in years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;9.75-10&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;0.00&lt;/font&gt;%&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table illustrates the RSUs granted for the three month period ended March 31, 2013:&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" nowrap="nowrap"&gt;Title&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" nowrap="nowrap"&gt;Grant date&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;No. of RSUs&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Exercise price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Share price at grant date&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" nowrap="nowrap"&gt;Vesting terms&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 16%; color: black;"&gt;Management, directors and employees *&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; width: 16%; color: black;"&gt;February 2013&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 14%; color: black;"&gt;636,250&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 14%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 14%; color: black;"&gt;3.18&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; width: 15%; color: black;"&gt;Over 1-3 years&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Consultants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black;"&gt;January 2013&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;33,000&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;3.26&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black;"&gt;Over 9 months&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;* Certain options granted to officers, directors and certain key employees are subject to acceleration of vesting of 75% - 100% (according to the agreement signed with each optionee), upon a subsequent change of control.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table summarizes information about stock option and RSU activity for the three month period ended March 31, 2013:&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 8pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 8pt;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;RSUs&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="14" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Options&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 8pt;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;No.&amp;#160;of&lt;br  /&gt;RSUs&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Weighted&amp;#160;average&lt;br  /&gt;grant&amp;#160;date&amp;#160;fair&lt;br  /&gt;value&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;No.&amp;#160;of&lt;br  /&gt;options&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Weighted&amp;#160;average&lt;br  /&gt;exercise&amp;#160;price&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Exercise&amp;#160;price&lt;br  /&gt;range&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Weighted&amp;#160;average&lt;br  /&gt;grant&amp;#160;date&amp;#160;fair&lt;br  /&gt;value&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="width: 22%; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;Outstanding at January 1, 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3,125,000&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.72&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;9,149,105&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.33&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;&amp;#160;$0.01&amp;#160;&amp;#8211;&amp;#160;$5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.57&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;Granted&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;669,250&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.18&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2,743,333&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.19&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;$3.18&amp;#160;&amp;#8211;&amp;#160;$3.24&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.43&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(449,749&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.70&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(83,813&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;0.14&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;&amp;#160;$0.01&amp;#160;&amp;#8211;&amp;#160;$1.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.60&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;Forfeited&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(8,126&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.72&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(95,312&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.62&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;$0.01 &amp;#8211; $5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.35&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;Outstanding at March 31, 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;3,336,375&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.61&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;11,713,313&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.31&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;&amp;#160;$0.01&amp;#160;&amp;#8211;&amp;#160;$5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.53&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;Exercisable at March 31, 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;5,010,156&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.11&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;$0.01&amp;#160;&amp;#8211;&amp;#160;$5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;For the three month periods ended March 31, 2013 and 2012, the Company recorded total stock compensation expense of $3,094 and $84, respectively. Cumulatively from Inception through March 31, 2013, the Company has recorded stock compensation expense of $11,655.&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company cumulatively did not create tax benefits related to its stock-based compensation due to a full valuation allowance in the U.S.&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;(d)&lt;/b&gt; &lt;b&gt;Warrants&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table summarizes information about warrant activity for the three month period ended March 31, 2013:&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;No.&amp;#160;of&amp;#160;warrants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Weighted&amp;#160;average&lt;br  /&gt;exercise&amp;#160;price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Exercise&lt;br  /&gt;price&amp;#160;range&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="width: 61%; color: black;"&gt;Outstanding at January 1, 2013&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;18,863,261&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;3.11&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;" nowrap="nowrap"&gt;&lt;font style="font: 10pt times new roman, times, serif; color: black;"&gt;$0.94&amp;#160;&amp;#8211;&amp;#160;$5.06&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Granted&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;" nowrap="nowrap"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;Exercised&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;(94,147&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;1.76&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;" nowrap="nowrap"&gt;$1.76&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;Outstanding at March 31, 2013&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;18,769,114&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;3.12&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;" nowrap="nowrap"&gt;&lt;font style="font: 10pt times new roman, times, serif; color: black;"&gt;$0.94&amp;#160;&amp;#8211;&amp;#160;$5.06&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company&amp;#8217;s outstanding warrants consisted of the following:&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(a) Series 1 and Series 2 Warrants&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;As part of the Merger, on July 19, 2012, the Legal Parent issued to I/P&amp;#8217;s stockholders 8,299,116 warrants at an exercise price of $1.76 per share and contractual term of 5 years (&amp;#8220;Series 1 Warrant&amp;#8221;). These warrants bear down-round protection clauses and as a result, they were classified as a long-term derivative liability and recorded at fair value. In addition, I/P&amp;#8217;s stockholders received another 7,660,722 warrants at an exercise price of $1.76 per share and contractual term of 5 years (&amp;#8220;Series 2 Warrant&amp;#8221;). As the Series 2 Warrants do not have down-round protection clauses, they were classified as equity. During the three month period ended March 31, 2013, 48,957 Series 1 Warrants and 45,190 Series 2 Warrants were exercised. From Inception and through March 31, 2013, 4,704,056 Series 1 Warrants and 1,326,060 Series 2 Warrants were exercised.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(b) Conversion Warrants, Special Bridge Warrants and Reload Warrants&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;On July 19, 2012, the date of the Merger, Legal Parent&amp;#8217;s outstanding warrants included: (i) 148,390 derivative warrants, at an exercise price of $0.94 per share, with a remaining contractual term of 2.44 years (the &amp;#8220;Special Bridge Warrants&amp;#8221;); (ii) 101,445 derivative warrants, at an exercise price of $0.94 per share, with a remaining contractual term of 2.44 years (the &amp;#8220;Conversion Warrants&amp;#8221;); (iii) 887,330 derivative warrants, at an exercise price of $1.76 per share, with a remaining contractual term of 4.55 years (the &amp;#8220;Preferential Reload Warrants&amp;#8221;); and (iv) 814,408 warrants, classified as equity, at an exercise price of $1.76 per share, with a remaining contractual term of 4.55 years (the &amp;#8220;non-Preferential Reload Warrants&amp;#8221;). During the three month period ended March 31, 2013, none of these warrants were exercised. From Inception and through March 31, 2013, 169,520 non-Preferential Reload Warrants and 726,721 Preferential Reload Warrants were exercised.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(c) Initial Public Offering Warrants&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;Upon completion of its initial public offering, the Legal Parent issued 4,784,000 warrants at an exercise price of $5.06 per share. These warrants are publicly traded and are exercisable until June 21, 2015, at an exercise price of $5.06 per share. As of March 31, 2013, all of these warrants were outstanding and classified as equity.&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(d) October 2012 Warrants&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;On October 12, 2012, the Company entered into an agreement with certain of its warrant holders, pursuant to which, on October 23 and 24, 2012, the holders exercised in cash 3,721,062 of their outstanding warrants, with an exercise price of $1.76 per share. In exchange, the Company granted such warrant holders unregistered warrants of the Company to purchase an aggregate of 3,000,000 shares of the Company&amp;#8217;s common stock, par value $0.01 per share, at an exercise price of $5.06 per share (the &amp;#8220;October 2012 Warrants&amp;#8221;). The contractual life of these warrants is 2.66 years and because such warrants do not bear any down-round protection clauses they were classified as equity instruments. October 2012 Warrants were valued using the following assumptions: volatility: 68.1%, share price: $3.50-$3.77, risk free interest rate: 0.724% and dividend yield: 0%. The fair value of warrants issued in exchange for the exercise of the Company&amp;#8217;s derivative warrants was accounted for as an inducement, therefore an amount of $2,883, was recorded as a non-operating expense. As of March 31, 2013, all October 2012 warrants were outstanding.&lt;/p&gt;</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 8&amp;#8212;Commitments and Contingencies&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company retains the services of law firms that specialize in intellectual property licensing, enforcement and patent law. These law firms are retained on an hourly fee, monthly fee, project fee, contingent fee, or blended fee basis. In a contingency fee arrangement, law firms are paid a scaled percentage of any negotiated fees, settlements or judgments awarded, based on how and when the fees, settlements or judgments are obtained.&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;On November 6, 2012, the Company received a verdict in its case against AOL, Inc., Google, Inc., IAC Search &amp;amp; Media, Inc., Gannett Company, Inc. and Target Corporation (collectively, "Defendants") with respect to the Defendants' infringement of the asserted claims of U.S. Patent Nos. 6,314,420 and 6,775,664 (collectively, the "IPE Patents"). After finding that the asserted claims of the IPE Patents were not invalid, and infringed by the Defendants, the jury found that reasonable royalty damages should be based on a "running royalty", and that the running royalty rate should be 3.5%. The jury also found that the following sums of money, if paid now in cash, would reasonably compensate I/P Engine for the Defendants&amp;#8217; past infringement as follows: Google: $15,800, AOL: $7,943, IAC: $6,650, Gannett: $4, Target: $99. Motions by I/P Engine for awards of pre-judgment interest, post-judgment interest, supplemental damages and post-judgment royalties, are pending in U.S. District Court. I/P Engine and Defendants have filed notices of appeal with the Court of Appeals for the Federal Circuit. In response to a request by Google, Inc., the IPE Patents are being reexamined by the U.S. Patent and Trademark Office (see also Note 9 (b)). On January 31, 2013, I/P Engine filed an action asserting infringement of the IPE Patents in the United States District Court, Southern District of New York, against Microsoft Corporation. According to certain scaled fee agreements, I/P Engine will pay between 15% and 20% of any recovery to professional service providers. As of March 31, 2013, the Company did not record any revenue, nor a liability for any potential, contingent, legal fees, related to these litigations, as timing of collection, if any, or the amounts due to it, cannot be determined.&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;From October 2012 through March 31, 2013, the Company&amp;#8217;s subsidiaries filed patent infringement lawsuits against the subsidiaries of&amp;#160;ZTE Corporation in the&amp;#160;United Kingdom, France and Germany. Should the Company be deemed the losing party in any of its applications to the court in the UK, it may be held responsible for a substantial percentage of the defendant&amp;#8217;s legal fees for the relevant application or for the litigation. As a result, the Company placed a guarantee to ensure the payment of a potential liability, which the defendants estimated to be approximately $2,900. However, should the Company be successful on any court applications or the entire litigation, ZTE would be responsible for a substantial percentage of its legal fees. In addition, the Company will grant additional guarantees, as necessary, in connection with its commenced proceedings against ZTE in Europe.&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;In July 2012, the Company signed a rental agreement for its new headquarters in New York. According to the new agreement, the Company shall pay an annual fee of approximately $137 (subject to certain adjustments). The Company&amp;#8217;s subsidiary in Israel leases an office space for a period of up to four years (including options to extend the terms of the lease). According to the agreement, the subsidiary in Israel shall pay an annual fee of approximately $72 (in NIS, subject to certain adjustments). Rent expense for operating leases and automobiles for the three month periods ended March 31, 2013 and 2012, and the cumulative period from Inception until March 31, 2013, was $53, $8 and $227, respectively.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;font style="background-color: white;"&gt;Future minimum lease payments under non-cancelable operating leases for office space and cars, as of March 31, 2013, are as follows:&lt;/font&gt;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 70%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="text-align: left;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Amount&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;Period ending December 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%; color: black;"&gt;2013 (nine months ending December 31, 2013)&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;177&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;2014&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;178&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;2015&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;104&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;459&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
<us-gaap:ConcentrationRiskDisclosureTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: left; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;Note 9&amp;#8212;Risks and Uncertainties&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: top;"&gt;
&lt;td style="text-align: right; width: 3%;"&gt;&lt;font style="font: 10pt times new roman, times, serif; color: black;"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;font style="font: 10pt times new roman, times, serif;"&gt;(a)&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify; width: 96%;"&gt;&lt;font style="font: 10pt times new roman, times, serif;"&gt;New legislation, regulations or rulings that impact the patent enforcement process or the rights of patent holders, could negatively affect the Company&amp;#8217;s current business model. For example, limitations on the ability to bring patent enforcement claims, limitations on potential liability for patent infringement, lower evidentiary standards for invalidating patents, increases in the cost to resolve patent disputes and other similar developments could negatively affect the Company&amp;#8217;s ability to assert its patent or other intellectual property rights.&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top;"&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top;"&gt;
&lt;td style="text-align: right;"&gt;&lt;font style="font: 10pt times new roman, times, serif;"&gt;(b)&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;
&lt;p style="margin: 0pt 0px;"&gt;As part of the Company&amp;#8217;s ongoing legal proceedings, the validity and/or enforceability of the patents is often challenged in a court&amp;#160;or administrative&amp;#160;proceeding. Several of the Company&amp;#8217;s patents are being challenged in several jurisdictions. In particular, on March 15, 2012, Google submitted a request to the USPTO for ex parte reexamination of U.S. Patent No. 6,314,420. On July 18, 2012, the USPTO issued a determination ordering a reexamination. On September 25, 2012, the USPTO issued a first, non-final office action where it adopted the rejections proposed by Google. The Company's response was filed on November 26, 2012. A final, appealable office action maintaining the rejections was mailed on May 3, 2013. The Company has until July 3, 2013 to file a response or a notice of appeal to the Patent Trial and Appeal Board. On November 28, 2012, Google submitted a request to the USPTO for ex parte reexamination of U.S. Patent No. 6,775,664. On January 17, 2013, the USPTO issued a determination ordering a reexamination, but found that three of the&amp;#160;prior art references identified by Google were not considered prior art to the 6,775,664 patent. Google filed a second reexamination request of that patent on February 8, 2013. On March 7, 2013, the USPTO issued a determination ordering a reexamination&amp;#160;based on the three additional references.&amp;#160;The Company believes its patents are both valid and enforceable.&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top;"&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top;"&gt;
&lt;td style="text-align: right;"&gt;&lt;font style="font: 10pt times new roman, times, serif;"&gt;(c)&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Financial instruments which potentially subject the Company to significant concentrations of credit risk consist principally of cash, cash equivalents, short-term investments and accounts receivable. The Company maintains its cash, cash equivalents and short-term investments with various major financial institutions. These major financial institutions are located in the United States, Germany and Israel, and the Company&amp;#8217;s policy is designed to limit exposure to any one institution.&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: top;"&gt;
&lt;td style="text-align: right;"&gt;&lt;font style="font: 10pt times new roman, times, serif;"&gt;(d)&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: justify;"&gt;&lt;font style="font: 10pt times new roman, times, serif;"&gt;A portion of the Company&amp;#8217;s expenses are denominated in NIS, British Pound and Euro. If the value of the U.S. dollar weakens against the value of these currencies, there will be a negative impact on the Company&amp;#8217;s operating costs. In addition, the Company is subject to the risk of exchange rate fluctuations to the extent it holds monetary assets and liabilities in these currencies.&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ConcentrationRiskDisclosureTextBlock>

<us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(a) Basis of presentation&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;/p&gt;
&lt;div style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The accompanying consolidated financial statements include the accounts of the Legal Parent, I/P and their wholly-owned subsidiaries, and are presented in accordance with instructions to Form 10-Q and, therefore, do not include all disclosures necessary for a complete presentation of financial position, results of operations, and cash flows in conformity with U.S. generally accepted accounting principles. These financial statements should be read in conjunction with the consolidated financial statements and related notes for the year ended December&amp;#160;31, 2012. The results of operations for the three month period ended March 31, 2013 are not necessarily indicative of the results that may be expected for the entire fiscal year or for any other interim period. All significant intercompany balances and transactions have been eliminated in consolidation. These financial statements include the results of operations of I/P and its subsidiaries for all periods presented, with the results of operations of the Legal Parent and its subsidiaries for the period from July 19, 2012 (the effective date of the Merger). Moreover, equity amounts, as well as net loss per common share, presented for comparative periods differ from those previously presented by I/P, due to application of accounting requirements applicable to a reverse acquisition.&lt;/div&gt;</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
<vrng:DevelopmentStageCompanyPolicyTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(b) Development stage enterprise&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company&amp;#8217;s principal activities to date have been focused on enforcement and development of its intellectual property, as well as on the research and development of its products. To date, the Company has not generated any significant revenues from its planned principal operations.&amp;#160;Accordingly, the Company&amp;#8217;s financial statements are presented as those of a development stage enterprise.&lt;/p&gt;</vrng:DevelopmentStageCompanyPolicyTextBlock>
<us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(c) Translation into U.S. dollars&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The currency of the primary economic environment in which the operations of the Company are conducted is the U.S. dollar ("U.S. $" or &amp;#8220;$&amp;#8221;). Therefore, the U.S. dollar has been determined to be the Company's functional currency. Post-Merger, the Company conducted significant transactions in foreign currencies (primarily the New Israeli Shekels ("NIS") and Euro). These are recorded at the exchange rate as of the transaction date. All exchange gains and losses from remeasurement of monetary balance sheet items denominated in non-dollar currencies are reflected as finance expense in the statement of operations, as they arise.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;NIS&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Euro&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="width: 74%; color: black;"&gt;At March 31, 2013&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;3.648&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;0.782&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;At December 31, 2012&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.733&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.759&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Average exchange rate for the period from July 19, 2012 through March 31, 2013&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.846&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.775&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Average exchange rate for the period from January 1, 2013 through March 31, 2013&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.708&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.757&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock>
<us-gaap:UseOfEstimates contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(d) Use of estimates&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results may differ from such estimates. Significant items subject to such estimates and assumptions include valuation of assets assumed and liabilities incurred as part of the Merger, useful lives of the Company&amp;#8217;s tangible and intangible assets, valuation of its short-term investments and the October 2012 Warrants (as defined in Note 7) and derivative warrants, valuation of its share-based compensation, deferred tax assets and liabilities, income tax uncertainties and other contingencies.&lt;/p&gt;</us-gaap:UseOfEstimates>
<us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(e) Cash and cash equivalents&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The Company invests its surplus cash in commercial paper, money market deposits and money market funds with financial institutions. The Company has established guidelines relating to diversification and maturities of its investments, in order to minimize credit risk and maintain high liquidity of funds. For the purpose of these financial statements, all highly liquid investments with original maturities of three months or less are considered cash equivalents. Cash and cash equivalents include $740 and $0 invested in commercial papers with an initial term (upon purchase by the Company) of less than three months at March&amp;#160;31, 2013 and December 31, 2012, respectively.&lt;/p&gt;</us-gaap:CashAndCashEquivalentsPolicyTextBlock>



<us-gaap:EarningsPerSharePolicyTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(g) Net loss per share data&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Basic net loss per share is computed by dividing the net loss for the period by the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing the net loss for the period by the weighted-average number of shares of common stock plus dilutive potential common stock considered outstanding during the period. Such dilutive shares consist of incremental shares that would be issued upon exercise of the Company&amp;#8217;s derivative warrants (see also Note 7). The table below presents the computation of basic and diluted net losses per common share:&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Three&amp;#160;months&amp;#160;ended&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Cumulative&amp;#160;from&lt;br  /&gt;Inception&amp;#160;to&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic Numerator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; width: 61%; color: black;"&gt;Net loss attributable to shares of common stock&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(35,559&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic Denominator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of shares of common stock outstanding during the period&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;82,185,649&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;35,835,214&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of penny stock options&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;203,704&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;113,220&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic common stock shares outstanding&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;82,389,353&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;35,948,434&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic net loss per common stock share&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(0.15&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.43&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.99&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted Numerator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Net loss attributable to shares of common stock&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(35,559&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Series 1 warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(4,060&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Preferential Reload warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(135&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Conversion warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(68&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Special Bridge warrants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(99&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted net loss attributable to shares of common stock:&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(39,921&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted Denominator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of shares of common stock outstanding during the period&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;82,185,649&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;35,835,214&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Series 1 warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;2,061,332&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Preferential Reload warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;63,203&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Conversion warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;39,921&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Special Bridge warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;58,394&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of penny stock options&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;203,704&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;113,220&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted common stock shares outstanding&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;82,389,353&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;38,171,284&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted net loss per common stock share&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(0.15&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.43&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(1.05&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;&lt;b&gt;Net loss per share data presented excludes from the calculation of diluted net loss the following potentially dilutive securities, outstanding as of March 31, 2013, as they had an anti-dilutive impact:&lt;/b&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; width: 61%; color: black;"&gt;Both vested and unvested options at $0.96-$5.50 exercise price, to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-weight: bold;"&gt;11,583,888&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;11,583,888&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Unvested $0.01 options to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;12,125&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;12,125&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Unvested Restricted Stock Units (&amp;#8220;RSU&amp;#8221;) to issue an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;3,336,375&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;3,336,375&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Common stock shares granted, but not yet vested&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;77,193&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;1,130,800&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;77,193&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Warrants to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;18,769,114&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;250,000&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;13,120,461&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Total number of potentially dilutive instruments, excluded from the calculation of net loss per share:&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;33,778,695&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;1,380,800&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;28,130,042&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:EarningsPerSharePolicyTextBlock>

<us-gaap:PriorPeriodReclassificationAdjustmentDescription contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(h) Reclassification&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Certain comparative figures were reclassified to conform to the Company&amp;#8217;s post-Merger presentation.&lt;/p&gt;</us-gaap:PriorPeriodReclassificationAdjustmentDescription>
<us-gaap:ScheduleOfIntercompanyForeignCurrencyBalancesTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;All exchange gains and losses from remeasurement of monetary balance sheet items denominated in non-dollar currencies are reflected as finance expense in the statement of operations, as they arise.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table align="center" style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;NIS&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Euro&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="width: 70%; color: black;"&gt;At March 31, 2013&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 12%;"&gt;3.648&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 12%; color: black;"&gt;0.782&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;At December 31, 2012&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.733&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.759&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Average exchange rate for the period from July 19, 2012 through March 31, 2013&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.846&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.775&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Average exchange rate for the period from January 1, 2013 through March 31, 2013&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;3.708&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;0.757&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfIntercompanyForeignCurrencyBalancesTextBlock>
<us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;div&gt;The table below presents the computation of basic and diluted net losses per common share:&amp;#160;&lt;/div&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Three&amp;#160;months&amp;#160;ended&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Cumulative&amp;#160;from&lt;br  /&gt;Inception&amp;#160;to&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic Numerator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; width: 61%; color: black;"&gt;Net loss attributable to shares of common stock&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(35,559&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic Denominator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of shares of common stock outstanding during the period&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;82,185,649&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;35,835,214&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of penny stock options&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;203,704&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;113,220&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic common stock shares outstanding&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;82,389,353&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;35,948,434&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Basic net loss per common stock share&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(0.15&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.43&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.99&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted Numerator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Net loss attributable to shares of common stock&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(35,559&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Series 1 warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(4,060&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Preferential Reload warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(135&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Conversion warrants&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right;"&gt;(68&lt;/td&gt;
&lt;td style="text-align: left;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Increase in net loss attributable to Special Bridge warrants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(99&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted net loss attributable to shares of common stock:&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(11,964&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(1,871&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(39,921&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted Denominator:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of shares of common stock outstanding during the period&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;82,185,649&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;35,835,214&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Series 1 warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;2,061,332&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Preferential Reload warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;63,203&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Conversion warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;39,921&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of Special Bridge warrants outstanding during the period&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;58,394&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Weighted average number of penny stock options&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;203,704&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;113,220&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted common stock shares outstanding&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;82,389,353&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;4,365,117&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;38,171,284&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Diluted net loss per common stock share&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(0.15&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(0.43&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(1.05&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;&lt;b&gt;Net loss per share data presented excludes from the calculation of diluted net loss the following potentially dilutive securities, outstanding as of March 31, 2013, as they had an anti-dilutive impact:&lt;/b&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; width: 61%; color: black;"&gt;Both vested and unvested options at $0.96-$5.50 exercise price, to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-weight: bold;"&gt;11,583,888&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;11,583,888&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Unvested $0.01 options to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;12,125&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;12,125&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Unvested Restricted Stock Units (&amp;#8220;RSU&amp;#8221;) to issue an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;3,336,375&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;3,336,375&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Common stock shares granted, but not yet vested&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;77,193&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;1,130,800&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;77,193&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black;"&gt;Warrants to purchase an equal number of shares of common stock of the Company&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;18,769,114&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;250,000&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;13,120,461&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; text-indent: -8.65pt; padding-left: 8.65pt; color: black; font-weight: bold;"&gt;Total number of potentially dilutive instruments, excluded from the calculation of net loss per share:&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;33,778,695&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;1,380,800&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;28,130,042&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
<us-gaap:ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;div style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;As&amp;#160;of&amp;#160;March&amp;#160;31,&lt;br  /&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;As&amp;#160;of&amp;#160;December&amp;#160;31,&lt;br  /&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" nowrap="nowrap"&gt;Weighted&amp;#160;average&lt;br  /&gt;amortization&amp;#160;period&amp;#160;&lt;br  /&gt;(years)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 61%;"&gt;Acquired technology (see Note 5)&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;10,133&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;10,133&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; width: 12%;"&gt;6.0&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt;"&gt;Patents&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;26,694&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;26,694&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt;"&gt;8.5&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt;"&gt;Total&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;36,827&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;36,827&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Less: accumulated amortization&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-weight: bold;"&gt;(4,038&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(2,783&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;32,789&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right;"&gt;34,044&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: center; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;
&lt;/div&gt;</us-gaap:ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock>
<us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;div&gt;Estimated amortization expense for each of the five succeeding years, based upon intangible assets owned at March 31, 2013 is as follows:&lt;/div&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 70%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 1in;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="text-align: left;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Amount&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;Period ending December 31,&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%;"&gt;2013 (nine months ending December 31, 2013)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;3,746&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;2014&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;5,002&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;2015&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;5,002&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;2016&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;4,610&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;2017 and thereafter&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;14,429&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;32,789&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock>
<us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table align="center" style="width: 93%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Provisional allocation&lt;br /&gt;of purchase price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 85%; color: black;"&gt;Current assets, net of current liabilities&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 12%; color: black;"&gt;2,586&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Long-term deposit&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;8&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Property and equipment&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;124&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Technology&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;10,133&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;Goodwill&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;65,965&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;Total assets acquired, net&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;78,816&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Fair value of outstanding warrants granted by Legal Parent prior to the Merger, classified as a long-term derivative liability&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(3,162&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;Total liabilities assumed, net&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;(3,162&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;75,654&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Measurement of consideration:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Fair value of vested stock options granted to employees, management and consultants, classified as equity&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;7,364&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Fair value of outstanding warrants granted by the Legal Parent prior to the Merger, classified as equity&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;10,079&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Fair value of Vringo shares of common stock and vested $0.01 options granted to employees, management and consultants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right;"&gt;58,211&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;"&gt;Total estimated purchase price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;75,654&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock>
<us-gaap:BusinessAcquisitionProFormaInformationTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;div&gt;Had the acquisition taken place on June 8, 2011 (Inception), the revenue in the consolidated statement of operations and the consolidated net loss would have been as follows:&lt;/div&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="text-align: center;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Three&amp;#160;month&amp;#160;period&lt;br  /&gt;ended&amp;#160;March&amp;#160;31,&lt;br  /&gt;2012&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;Cumulative&amp;#160;from&lt;br  /&gt;Inception&amp;#160;to&amp;#160;March&amp;#160;31,&lt;br  /&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Revenue&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Net Loss&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Revenue&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Net Loss&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 48%;"&gt;Total amount&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;106&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(7,762&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;1,074&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%;"&gt;(52,580&lt;/td&gt;
&lt;td style="text-align: left; width: 1%;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:BusinessAcquisitionProFormaInformationTextBlock>
<us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table presents the Company&amp;#8217;s assets and liabilities measured at fair value on a recurring basis as of March 31, 2013 and December 31, 2012, aggregated by the level in the fair-value hierarchy within which those measurements fall:&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="10"&gt;Fair&amp;#160;value&amp;#160;measurement&amp;#160;at&amp;#160;reporting&amp;#160;date&amp;#160;using&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Quoted&amp;#160;prices&amp;#160;in&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center;" colspan="2"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;active&amp;#160;markets&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Significant&amp;#160;other&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Significant&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;March&amp;#160;31,&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;for&amp;#160;identical&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;observable&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black; font-weight: bold;" colspan="2"&gt;unobservable&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; color: black; font-weight: bold;"&gt;Description&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;2013&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;assets&amp;#160;(Level&amp;#160;1)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;inputs&amp;#160;(Level&amp;#160;2)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;inputs&amp;#160;(Level&amp;#160;3)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Liabilities as of March 31, 2013:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 48%; color: black;"&gt;Derivative liabilities on account of warrants&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; font-weight: bold;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;Total liabilities as of March 31, 2013:&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Liabilities as of December 31, 2012:&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 48%; color: black;"&gt;Derivative liabilities on account of warrants&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black; font-weight: bold;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; width: 10%; color: black;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;Total liabilities as of December 31, 2012:&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-weight: bold;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock>
<us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;div&gt;The following table summarizes the changes in the Company&amp;#8217;s liabilities measured at fair value using significant unobservable inputs (Level 3) during the period from Inception through March 31, 2013.&lt;/div&gt;
&lt;div&gt;&amp;#160;&lt;/div&gt;
&lt;table style="width: 85%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Level&amp;#160;3&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;
&lt;p style="margin: 0pt 0px;"&gt;Balance at Inception&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;
&lt;p style="margin: 0pt 0px;"&gt;Balance at December 31, 2011&lt;/p&gt;
&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%;"&gt;Derivative warrants issued to I/P&amp;#8217;s shareholders in connection with the Merger, July 19, 2012&lt;/td&gt;
&lt;td style="width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; font-weight: bold;"&gt;21,954&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;Fair value of derivative warrants issued by Legal Parent (see Note 5)&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;3,162&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;Fair value adjustment, prior to exercise of warrants, included in statement of operations&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;156&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;Exercise of derivative warrants&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(10,657&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;Fair value adjustment at end of period, included in statement of operations&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;(7,003&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="font-weight: bold;"&gt;Balance at December 31, 2012&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;7,612&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left;"&gt;Fair value adjustment, prior to exercise of warrants, included in statement of operations&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(22&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td&gt;Exercise of derivative warrants&lt;/td&gt;
&lt;td style="font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; font-weight: bold;"&gt;(69&lt;/td&gt;
&lt;td style="text-align: left; font-weight: bold;"&gt;)&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt;"&gt;Fair value adjustment at end of period, included in statement of operations&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; font-weight: bold;"&gt;398&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;Balance at March 31, 2013&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; font-weight: bold;"&gt;7,919&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock>
<us-gaap:FairValueInputsLiabilitiesQuantitativeInformationTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Fair value measurement of the derivative liability on account of Special Bridge Warrants, Conversion Warrants, Preferential Reload Warrants and Series 1 Warrants (as defined in Note 7) fall within Level 3 of the fair value hierarchy.&amp;#160;The fair value measurements are evaluated by management to ensure that changes are consistent with expectations of management based upon the sensitivity and nature of the inputs.&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 7pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Description&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; font-size: 7pt; vertical-align: top; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Valuation technique&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Unobservable inputs&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; font-size: 7pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;Range&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-size: 7pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Special Bridge Warrants, Conversion Warrants, Preferential Reload Warrants and the Series 1 Warrants&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Black-Scholes-Merton and the Monte-Carlo models&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Volatility&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;56.48% &amp;#8211; 58.10%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Risk free interest rate&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;0.25% &amp;#8211; 0.60%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Expected term, in years&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;1.75 &amp;#8211; 4.30&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="width: 30%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 25%; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 25%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 15%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;0%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; font-size: 7pt;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Probability and timing of down-round triggering event&lt;/font&gt;&lt;/td&gt;
&lt;td style="font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;15% occurrence in December 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:FairValueInputsLiabilitiesQuantitativeInformationTableTextBlock>
<vrng:ScheduleOfCommonStockGrantedTableTextBlock contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_StockOptionsMember">&lt;p style="text-indent: 0.55pt; margin: 0pt 0px 0pt 35.45pt; font: 10pt times new roman, times, serif;"&gt;The following table illustrates the common stock options granted for the three month period ended March 31, 2013:&lt;/p&gt;
&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 7pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;Title&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;Grant&amp;#160;date&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;" colspan="2"&gt;&lt;font style="font-size: 7pt;"&gt;No.&amp;#160;of&lt;br  /&gt;options&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;" colspan="2"&gt;&lt;font style="font-size: 7pt;"&gt;Exercise&amp;#160;price&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; font-size: 7pt; font-weight: bold;" colspan="2"&gt;&lt;font style="font-size: 7pt;"&gt;Share&amp;#160;price&amp;#160;at&amp;#160;grant&lt;br  /&gt;date&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;Vesting&amp;#160;terms&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt; font-weight: bold;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; padding-bottom: 0px; font-size: 7pt; font-weight: bold;" colspan="5"&gt;&lt;font style="font-size: 7pt;"&gt;Assumptions&amp;#160;used&amp;#160;in&amp;#160;Black-Scholes&amp;#160;option&lt;br  /&gt;pricing&amp;#160;model&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 0px; width: 18%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Management, Directors and Employees *&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 9%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;January-March 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 7%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;2,630,833&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 7%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$3.18-$3.24&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 8%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$3.18-$3.24&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 1%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; width: 8%; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Over 1-3 years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; width: 18%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Volatility&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; width: 10%; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;63.65%-64.26%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; width: 1%; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Risk free interest rate&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;1.07%-2.06%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Expected term, in years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif;"&gt;5.71-10.00&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;0.00&lt;/font&gt;%&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Consultants *&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;January-March 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;112,500&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$2.90-$3.30&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;$2.90-$3.30&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; color: black; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;Over 0-2.5 years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Volatility&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;63.87%-68.96%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Risk free interest rate&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;1.86%-2.16%&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Remaining expected term, in years&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font: 7pt times new roman, times, serif; color: black;"&gt;9.75-10&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 7pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; font-size: 7pt; vertical-align: top;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: center; padding-bottom: 0px; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: justify; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;0.00&lt;/font&gt;%&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 0px; color: black; font-size: 7pt;"&gt;&lt;font style="font-size: 7pt;"&gt;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</vrng:ScheduleOfCommonStockGrantedTableTextBlock>
<us-gaap:ScheduleOfCommonStockOutstandingRollForwardTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table summarizes information about the Company's issued and outstanding common stock from Inception through March&amp;#160;31, 2013:&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2"&gt;Shares&amp;#160;of&amp;#160;common&amp;#160;stock&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Balance as of June&amp;#160;8, 2011 (Inception)&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 87%; color: black;"&gt;Grant of shares at less than fair value to officers, directors and consultants&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black;"&gt;8,768,014&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;Issuance of shares of common stock&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;8,204,963&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Balance as of December 31, 2011&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;16,972,977&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Conversion of Series A Preferred Convertible Preferred stock, classified as mezzanine equity&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;890,192&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Grant of shares to consultants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;265,000&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Legal Parent&amp;#8217;s shares of common stock, recorded upon Merger&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;15,206,118&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Exercise of 250,000 warrants, issued and exercised prior to the Merger&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;754,400&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Post-Merger exercise of warrants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;6,832,150&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Exercise of stock options and RSUs&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;726,346&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Conversion of Series A Preferred Convertible Preferred stock, classified as equity&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;20,136,445&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Issuance of shares of common stock in connection with $31,148 received in a private financing round, net of issuance cost of $52&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;9,600,000&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;Issuance of shares of common stock in connection with $44,962 received in a private financing round, net of issuance cost of $39&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;10,344,998&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Shares issued for acquisition of patents, see Note 3&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;160,600&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-weight: bold;"&gt;Balance as of December 31, 2012&lt;/td&gt;
&lt;td style="color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-weight: bold;"&gt;81,889,226&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Exercise of warrants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;94,147&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;Exercise of stock options and RSUs&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;533,562&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;Balance as of March 31, 2013&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-weight: bold;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-weight: bold;"&gt;82,516,935&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-weight: bold;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfCommonStockOutstandingRollForwardTableTextBlock>
<us-gaap:ScheduleOfCommonStockOutstandingRollForwardTableTextBlock contextRef="Context_3ME_31-Mar-2013_PlanNameAxis_RestrictedStockUnitsRSUMember">&lt;p style="text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table illustrates the RSUs granted for the three month period ended March 31, 2013:&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" nowrap="nowrap"&gt;Title&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" nowrap="nowrap"&gt;Grant date&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;No. of RSUs&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Exercise price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Share price at grant date&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" nowrap="nowrap"&gt;Vesting terms&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 16%; color: black;"&gt;Management, directors and employees *&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; width: 16%; color: black;"&gt;February 2013&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 14%; color: black;"&gt;636,250&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 14%; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 14%; color: black;"&gt;3.18&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; width: 15%; color: black;"&gt;Over 1-3 years&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Consultants&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black;"&gt;January 2013&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;33,000&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;3.26&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: center; color: black;"&gt;Over 9 months&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; margin: 0pt 0px 0pt 0.5in; font: 10pt times new roman, times, serif;"&gt;* Certain options granted to officers, directors and certain key employees are subject to acceleration of vesting of 75% - 100% (according to the agreement signed with each optionee), upon a subsequent change of control.&lt;/p&gt;</us-gaap:ScheduleOfCommonStockOutstandingRollForwardTableTextBlock>
<us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table summarizes information about stock option and RSU activity for the three month period ended March 31, 2013:&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 100%; border-collapse: collapse; font: 8pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 8pt;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="6" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;RSUs&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="14" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Options&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="font-size: 8pt;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;No.&amp;#160;of&lt;br  /&gt;RSUs&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Weighted&amp;#160;average&lt;br  /&gt;grant&amp;#160;date&amp;#160;fair&lt;br  /&gt;value&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;No.&amp;#160;of&lt;br  /&gt;options&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Weighted&amp;#160;average&lt;br  /&gt;exercise&amp;#160;price&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Exercise&amp;#160;price&lt;br  /&gt;range&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-size: 8pt; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;Weighted&amp;#160;average&lt;br  /&gt;grant&amp;#160;date&amp;#160;fair&lt;br  /&gt;value&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt; font-weight: bold;" nowrap="nowrap"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="width: 22%; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;Outstanding at January 1, 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3,125,000&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.72&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;9,149,105&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.33&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;&amp;#160;$0.01&amp;#160;&amp;#8211;&amp;#160;$5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; width: 10%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.57&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;Granted&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;669,250&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.18&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2,743,333&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.19&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;$3.18&amp;#160;&amp;#8211;&amp;#160;$3.24&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.43&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(449,749&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.70&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(83,813&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;0.14&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;&amp;#160;$0.01&amp;#160;&amp;#8211;&amp;#160;$1.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.60&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;Forfeited&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(8,126&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.72&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;(95,312&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;)&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.62&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;$0.01 &amp;#8211; $5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.35&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;Outstanding at March 31, 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;3,336,375&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.61&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;11,713,313&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.31&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;&amp;#160;$0.01&amp;#160;&amp;#8211;&amp;#160;$5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;2.53&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; font-size: 8pt; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;Exercisable at March 31, 2013&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;5,010,156&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt; font-weight: bold;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;$&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;3.11&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black; font-size: 8pt;"&gt;&lt;font style="font: 8pt times new roman, times, serif; color: black;"&gt;$0.01&amp;#160;&amp;#8211;&amp;#160;$5.50&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: right; padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; font-size: 8pt;"&gt;&lt;font style="font-size: 8pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock>
<us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;The following table summarizes information about warrant activity for the three month period ended March 31, 2013:&amp;#160;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&amp;#160;&lt;/p&gt;
&lt;table style="width: 90%; border-collapse: collapse; font: 10pt times new roman, times, serif;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;No. of warrants&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Weighted average &lt;br /&gt;exercise price&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Exercise &lt;br /&gt;price range&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="width: 55%; color: black;"&gt;Outstanding at January 1, 2013&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 12%; color: black;"&gt;18,863,261&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;$&lt;/td&gt;
&lt;td style="text-align: right; width: 12%; color: black;"&gt;3.11&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 12%; color: black;" nowrap="nowrap"&gt;&lt;font style="font: 10pt times new roman, times, serif; color: black;"&gt;$0.94&amp;#160;&amp;#8211;&amp;#160;$5.06&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="color: black;"&gt;Granted&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;" nowrap="nowrap"&gt;&amp;#8212;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;Exercised&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;(94,147&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;)&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;1.76&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;" nowrap="nowrap"&gt;$1.76&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;Outstanding at March 31, 2013&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;18,769,114&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;$&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;3.12&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;" nowrap="nowrap"&gt;&lt;font style="font: 10pt times new roman, times, serif; color: black;"&gt;$0.94&amp;#160;&amp;#8211;&amp;#160;$5.06&lt;/font&gt;&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock>
<us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;font style="background-color: white; color: black;"&gt;Future minimum lease payments under non-cancelable operating leases for office space and cars, as of March 31, 2013, are as follows:&lt;/font&gt;&lt;/p&gt;
&lt;p style="text-align: justify; background-color: white; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;font style="background-color: white;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;
&lt;table style="width: 70%; border-collapse: collapse; font: 10pt times new roman, times, serif; margin-left: 0.5in;" cellspacing="0" cellpadding="0"&gt;
&lt;tr style="vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;Period ending March 31,&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: center; color: black; font-weight: bold;" colspan="2" nowrap="nowrap"&gt;Amount&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black; font-weight: bold;" nowrap="nowrap"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; width: 85%; color: black;"&gt;2013 (nine months ending December 31, 2013)&lt;/td&gt;
&lt;td style="width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; width: 12%; color: black;"&gt;177&lt;/td&gt;
&lt;td style="text-align: left; width: 1%; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; color: black;"&gt;2014&lt;/td&gt;
&lt;td style="color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="text-align: right; color: black;"&gt;178&lt;/td&gt;
&lt;td style="text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: #ccffcc; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;2015&lt;/td&gt;
&lt;td style="padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 1pt solid; text-align: right; color: black;"&gt;104&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 1pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr style="background-color: white; vertical-align: bottom;"&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="padding-bottom: 2.5pt; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: left; color: black;"&gt;&amp;#160;&lt;/td&gt;
&lt;td style="border-bottom: black 2.5pt double; text-align: right; color: black;"&gt;459&lt;/td&gt;
&lt;td style="text-align: left; padding-bottom: 2.5pt; color: black;"&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;/table&gt;</us-gaap:ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock>


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<us-gaap:AssetsNet contextRef="Context_As_Of_31-Mar-2013_LegalEntityAxis_GermanyMember" unitRef="USD" decimals="-3">31000</us-gaap:AssetsNet>
<vrng:PercentageOfInterestOwnedReverseAcquisitionTransaction contextRef="Context_3ME_31-Mar-2013" unitRef="pure" decimals="4">0.6761</vrng:PercentageOfInterestOwnedReverseAcquisitionTransaction>
<vrng:ForeignCurrencyExchangeRate contextRef="Context_As_Of_31-Dec-2012" unitRef="EUR_per_Share" decimals="3">0.759</vrng:ForeignCurrencyExchangeRate>
<vrng:ForeignCurrencyExchangeRate contextRef="Context_As_Of_31-Dec-2012" unitRef="ILS_per_Share" decimals="3">3.733</vrng:ForeignCurrencyExchangeRate>
<vrng:ForeignCurrencyExchangeRate contextRef="Context_As_Of_31-Mar-2013" unitRef="EUR_per_Share" decimals="3">0.782</vrng:ForeignCurrencyExchangeRate>
<vrng:ForeignCurrencyExchangeRate contextRef="Context_As_Of_31-Mar-2013" unitRef="ILS_per_Share" decimals="3">3.648</vrng:ForeignCurrencyExchangeRate>
<vrng:AverageForeignCurrencyExchangeRate contextRef="Context_3ME_31-Mar-2013" unitRef="EUR_per_Share" decimals="3">0.757</vrng:AverageForeignCurrencyExchangeRate>
<vrng:AverageForeignCurrencyExchangeRate contextRef="Context_3ME_31-Mar-2013" unitRef="ILS_per_Share" decimals="3">3.708</vrng:AverageForeignCurrencyExchangeRate>


<us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="Context_3ME_31-Mar-2012" unitRef="USD" decimals="-3">-1871000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
<us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="Context_3ME_31-Mar-2013" unitRef="USD" decimals="-3">-11964000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
<us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="Context_Custom_31-Mar-2013" unitRef="USD" decimals="-3">-39921000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
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<us-gaap:WeightedAverageNumberOfSharesIssuedBasic contextRef="Context_3ME_31-Mar-2013" unitRef="shares" decimals="0">82185649</us-gaap:WeightedAverageNumberOfSharesIssuedBasic>
<us-gaap:WeightedAverageNumberOfSharesIssuedBasic contextRef="Context_Custom_31-Mar-2013" unitRef="shares" decimals="0">35835214</us-gaap:WeightedAverageNumberOfSharesIssuedBasic>
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<vrng:IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsBasic contextRef="Context_Custom_31-Mar-2013" unitRef="shares" decimals="0">113220</vrng:IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsBasic>
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<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2012_StatementEquityComponentsAxis_UnvestedStockOptionMember" unitRef="shares" decimals="0">0</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2012_StatementEquityComponentsAxis_UnvestedRestrictedStockUnitsMember" unitRef="shares" decimals="0">0</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2012_StatementEquityComponentsAxis_CommonStockMember" unitRef="shares" decimals="0">1130800</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2012_StatementEquityComponentsAxis_WarrantMember" unitRef="shares" decimals="0">250000</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2013" unitRef="shares" decimals="0">33778695</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_CommonStockMember" unitRef="shares" decimals="0">77193</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_VestedAndUnvestedStockOptionMember" unitRef="shares" decimals="0">11583888</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_UnvestedStockOptionMember" unitRef="shares" decimals="0">12125</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_UnvestedRestrictedStockUnitsMember" unitRef="shares" decimals="0">3336375</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_WarrantMember" unitRef="shares" decimals="0">18769114</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_Custom_31-Mar-2013" unitRef="shares" decimals="0">28130042</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_Custom_31-Mar-2013_StatementEquityComponentsAxis_VestedAndUnvestedStockOptionMember" unitRef="shares" decimals="0">11583888</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_Custom_31-Mar-2013_StatementEquityComponentsAxis_UnvestedStockOptionMember" unitRef="shares" decimals="0">12125</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_Custom_31-Mar-2013_StatementEquityComponentsAxis_UnvestedRestrictedStockUnitsMember" unitRef="shares" decimals="0">3336375</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_Custom_31-Mar-2013_StatementEquityComponentsAxis_CommonStockMember" unitRef="shares" decimals="0">77193</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>
<us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount contextRef="Context_Custom_31-Mar-2013_StatementEquityComponentsAxis_WarrantMember" unitRef="shares" decimals="0">13120461</us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount>


<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="Context_As_Of_31-Dec-2012" unitRef="USD" decimals="-3">47000</us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">73000</us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment>
<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_30-Jun-2011_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">3200000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>

<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_31-Aug-2012" unitRef="USD" decimals="-3">22000000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>
<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_31-Oct-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">750000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>
<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_31-Dec-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">26694000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>
<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_31-Dec-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentedTechnologyMember" unitRef="USD" decimals="-3">10133000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>
<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">26694000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>
<us-gaap:AcquiredFiniteLivedIntangibleAssetAmount contextRef="Context_As_Of_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentedTechnologyMember" unitRef="USD" decimals="-3">10133000</us-gaap:AcquiredFiniteLivedIntangibleAssetAmount>
<us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife contextRef="Context_3ME_31-Mar-2013_RangeAxis_MaximumMember">P8Y6M</us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife>
<us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember">P6Y</us-gaap:AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="Context_As_Of_31-Dec-2012" unitRef="USD" decimals="-3">36827000</us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsGross contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">36827000</us-gaap:FiniteLivedIntangibleAssetsGross>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="Context_As_Of_31-Dec-2012" unitRef="USD" decimals="-3">2783000</us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
<us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">4038000</us-gaap:FiniteLivedIntangibleAssetsAccumulatedAmortization>
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<us-gaap:FiniteLivedIntangibleAssetsNet contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">32789000</us-gaap:FiniteLivedIntangibleAssetsNet>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">3746000</us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">5002000</us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearThree>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">5002000</us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFour>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFive contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">4610000</us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseYearFive>
<us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">14429000</us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive>
<us-gaap:AmortizationOfIntangibleAssets contextRef="Context_3ME_31-Mar-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">155000</us-gaap:AmortizationOfIntangibleAssets>
<us-gaap:AmortizationOfIntangibleAssets contextRef="Context_3ME_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">1255000</us-gaap:AmortizationOfIntangibleAssets>

<us-gaap:AmortizationOfIntangibleAssets contextRef="Context_Custom_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">4038000</us-gaap:AmortizationOfIntangibleAssets>
<us-gaap:AmortizationOfIntangibleAssets contextRef="Context_Custom_31-Mar-2013_LegalEntityAxis_PatentedTechnologyMember" unitRef="USD" decimals="-3">1789000</us-gaap:AmortizationOfIntangibleAssets>
<vrng:RoyaltyPayableOnExcessOfAcquistionCost contextRef="Context_Custom_31-Aug-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="pure" decimals="2">0.35</vrng:RoyaltyPayableOnExcessOfAcquistionCost>
<vrng:RoyaltyPayableOnExcessOfAcquistionCost contextRef="Context_Custom_31-Oct-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="pure" decimals="2">0.20</vrng:RoyaltyPayableOnExcessOfAcquistionCost>
<vrng:CapitaliseCostRelatedToAcquisitionOfPatents contextRef="Context_As_Of_30-Jun-2011_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">196000</vrng:CapitaliseCostRelatedToAcquisitionOfPatents>
<vrng:CapitaliseCostRelatedToAcquisitionOfPatents contextRef="Context_As_Of_31-Aug-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="USD" decimals="-3">548000</vrng:CapitaliseCostRelatedToAcquisitionOfPatents>
<us-gaap:StockIssuedDuringPeriodSharesAcquisitions contextRef="Context_Custom_31-Oct-2012_FiniteLivedIntangibleAssetsByMajorClassAxis_PatentsMember" unitRef="shares" decimals="0">160600</us-gaap:StockIssuedDuringPeriodSharesAcquisitions>
<us-gaap:ConversionOfStockSharesIssued1 contextRef="Context_Custom_19-Jul-2012_LegalEntityAxis_MergerAgreementMember" unitRef="shares" decimals="0">20136445</us-gaap:ConversionOfStockSharesIssued1>

<us-gaap:ConversionOfStockSharesIssued1 contextRef="Context_Custom_31-Jul-2012_LegalEntityAxis_MergerAgreementMember_BusinessCombinationSeparatelyRecognizedTransactionsAxis_PriorMergerMember" unitRef="shares" decimals="0">20136445</us-gaap:ConversionOfStockSharesIssued1>
<us-gaap:ConversionOfStockSharesIssued1 contextRef="Context_FYE_31-Dec-2012" unitRef="shares" decimals="0" id="Footnote-3_1">295000</us-gaap:ConversionOfStockSharesIssued1>
<us-gaap:ConversionOfStockSharesIssued1 contextRef="Context_FYE_31-Dec-2012_StatementEquityComponentsAxis_CommonStockMember" unitRef="shares" decimals="0">18617569</us-gaap:ConversionOfStockSharesIssued1>
<us-gaap:ConversionOfStockSharesIssued1 contextRef="Context_FYE_31-Dec-2012_StatementEquityComponentsAxis_SeriesAPreferredStockMember_LegalEntityAxis_MergerAgreementMember" unitRef="shares" decimals="0">6673</us-gaap:ConversionOfStockSharesIssued1>
<us-gaap:ConversionOfStockSharesIssued1 contextRef="Context_FYE_31-Dec-2012_StatementClassOfStockAxis_SeriesAPreferredStockMember" unitRef="shares" decimals="0" id="Footnote-3_2">6968</us-gaap:ConversionOfStockSharesIssued1>
<us-gaap:PreferredStockLiquidationPreference contextRef="Context_As_Of_30-Jun-2011_BusinessCombinationSeparatelyRecognizedTransactionsAxis_PriorMergerMember" unitRef="USD_per_Share" decimals="0">1250</us-gaap:PreferredStockLiquidationPreference>
<us-gaap:PreferredStockConversionBasis contextRef="Context_FYE_31-Dec-2012">convertible, at the option of the holder, into 6,968,000 shares of I/P's common stock at a conversion price of $1 per common share</us-gaap:PreferredStockConversionBasis>
<us-gaap:ConversionOfStockSharesConverted1 contextRef="Context_Custom_31-Jul-2012_LegalEntityAxis_MergerAgreementMember" unitRef="shares" decimals="0" id="Footnote-3_3">6673</us-gaap:ConversionOfStockSharesConverted1>
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<us-gaap:ConversionOfStockSharesConverted1 contextRef="Context_FYE_31-Dec-2012_StatementEquityComponentsAxis_SeriesAPreferredStockMember_LegalEntityAxis_MergerAgreementMember" unitRef="shares" decimals="0">6673</us-gaap:ConversionOfStockSharesConverted1>
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<us-gaap:BusinessAcquisitionPurchasePriceAllocationCurrentAssets contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">2586000</us-gaap:BusinessAcquisitionPurchasePriceAllocationCurrentAssets>
<vrng:BusinessAcquisitionPurchasePriceAllocationCurrentAssetsNetOfCurrentLiability contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">8000</vrng:BusinessAcquisitionPurchasePriceAllocationCurrentAssetsNetOfCurrentLiability>
<us-gaap:BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">124000</us-gaap:BusinessAcquisitionPurchasePriceAllocationPropertyPlantAndEquipment>
<vrng:BusinessAcquisitionPurchasePriceAllocationTechnology contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">-10133000</vrng:BusinessAcquisitionPurchasePriceAllocationTechnology>
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<us-gaap:BusinessAcquisitionPurchasePriceAllocationAssetsAcquired contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">78816000</us-gaap:BusinessAcquisitionPurchasePriceAllocationAssetsAcquired>


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<us-gaap:BusinessAcquisitionsProFormaRevenue contextRef="Context_3ME_31-Mar-2012" unitRef="USD" decimals="-3">106000</us-gaap:BusinessAcquisitionsProFormaRevenue>
<us-gaap:BusinessAcquisitionsProFormaRevenue contextRef="Context_Custom_31-Mar-2013" unitRef="USD" decimals="-3">1074000</us-gaap:BusinessAcquisitionsProFormaRevenue>
<us-gaap:BusinessAcquisitionsProFormaNetIncomeLoss contextRef="Context_3ME_31-Mar-2012" unitRef="USD" decimals="-3">-7762000</us-gaap:BusinessAcquisitionsProFormaNetIncomeLoss>
<us-gaap:BusinessAcquisitionsProFormaNetIncomeLoss contextRef="Context_Custom_31-Mar-2013" unitRef="USD" decimals="-3">-52580000</us-gaap:BusinessAcquisitionsProFormaNetIncomeLoss>
<vrng:WarrantsIssued contextRef="Context_As_Of_31-Dec-2012_StatementEquityComponentsAxis_SeriesAPreferredStockMember_LegalEntityAxis_MergerAgreementMember" unitRef="shares" decimals="0">15959838</vrng:WarrantsIssued>
<us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights contextRef="Context_As_Of_31-Dec-2012_StatementEquityComponentsAxis_SeriesAPreferredStockMember_LegalEntityAxis_MergerAgreementMember" unitRef="shares" decimals="0">15959838</us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights>

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<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_19-Jul-2012_StatementEquityComponentsAxis_ConversionWarrantsMember" unitRef="USD_per_Warrant" decimals="2">0.94</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>

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<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_19-Jul-2012_StatementEquityComponentsAxis_NonPreferentialReloadWarrantsMember" unitRef="USD_per_Warrant" decimals="2">1.76</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>

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<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_12-Oct-2012_StatementEquityComponentsAxis_WarrantMember_LegalEntityAxis_InnovateProtectIncMember" unitRef="USD_per_Warrant" decimals="2">5.06</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>

<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_12-Oct-2012_StatementEquityComponentsAxis_InducementWarrantsMember" unitRef="USD_per_Warrant" decimals="2">1.76</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>


<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MaximumMember" unitRef="USD_per_Warrant" decimals="2">5.06</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>

<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MinimumMember" unitRef="USD_per_Warrant" decimals="2">0.94</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>

<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Dec-2012_RangeAxis_WeightedAverageMember" unitRef="USD_per_Warrant" decimals="2">3.11</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Dec-2012_SubsidiarySaleOfStockAxis_IPOMember" unitRef="USD_per_Warrant" decimals="2">5.06</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Dec-2012_StatementEquityComponentsAxis_SeriesAPreferredStockMember_LegalEntityAxis_MergerAgreementMember" unitRef="USD_per_Warrant" decimals="2">1.76</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>

<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Mar-2013_RangeAxis_MaximumMember" unitRef="USD_per_Warrant" decimals="2">5.06</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Mar-2013_RangeAxis_MinimumMember" unitRef="USD_per_Warrant" decimals="2">0.94</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Mar-2013_SubsidiarySaleOfStockAxis_IPOMember" unitRef="USD_per_Warrant" decimals="2">5.06</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>
<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights contextRef="Context_As_Of_31-Mar-2013_RangeAxis_WeightedAverageMember" unitRef="USD_per_Warrant" decimals="2">3.12</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights>





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<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" unitRef="shares" decimals="0" id="Footnote-4_2">2630833</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross>
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<us-gaap:PaymentsOfStockIssuanceCosts contextRef="Context_FYE_31-Dec-2012" unitRef="USD" decimals="-3">463000</us-gaap:PaymentsOfStockIssuanceCosts>
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<us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Dec-2012_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel3Member" unitRef="USD" decimals="-3">7612000</us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure>
<us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Dec-2012_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel1Member" unitRef="USD" decimals="-3">0</us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure>
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<us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">7919000</us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure>
<us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel3Member" unitRef="USD" decimals="-3">7919000</us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure>
<us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel1Member" unitRef="USD" decimals="-3">0</us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure>
<us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel2Member" unitRef="USD" decimals="-3">0</us-gaap:DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure>
<us-gaap:LiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Dec-2012" unitRef="USD" decimals="-3">7612000</us-gaap:LiabilitiesFairValueDisclosure>
<us-gaap:LiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Dec-2012_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel3Member" unitRef="USD" decimals="-3">7612000</us-gaap:LiabilitiesFairValueDisclosure>
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<us-gaap:LiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Dec-2012_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel2Member" unitRef="USD" decimals="-3">0</us-gaap:LiabilitiesFairValueDisclosure>
<us-gaap:LiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">7919000</us-gaap:LiabilitiesFairValueDisclosure>
<us-gaap:LiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel3Member" unitRef="USD" decimals="-3">7919000</us-gaap:LiabilitiesFairValueDisclosure>
<us-gaap:LiabilitiesFairValueDisclosure contextRef="Context_As_Of_31-Mar-2013_FairValueByFairValueHierarchyLevelAxis_FairValueInputsLevel1Member" unitRef="USD" decimals="-3">0</us-gaap:LiabilitiesFairValueDisclosure>
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<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="Context_As_Of_31-Dec-2011" unitRef="USD" decimals="-3">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="Context_As_Of_31-Dec-2012" unitRef="USD" decimals="-3">7612000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="Context_As_Of_31-Mar-2013" unitRef="USD" decimals="-3">7919000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
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<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="Context_FYE_31-Dec-2012" unitRef="USD" decimals="-3">156000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
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<vrng:FairValueMeasurementAdjustedInEarnings contextRef="Context_FYE_31-Dec-2012" unitRef="USD" decimals="-3">-7003000</vrng:FairValueMeasurementAdjustedInEarnings>
<vrng:FairValueMeasurementAdjustedInEarnings contextRef="Context_3ME_31-Mar-2013" unitRef="USD" decimals="-3">398000</vrng:FairValueMeasurementAdjustedInEarnings>
<us-gaap:FairValueAssumptionsExpectedVolatilityRate contextRef="Context_3ME_31-Mar-2013_RangeAxis_MaximumMember" unitRef="pure" decimals="4">0.5810</us-gaap:FairValueAssumptionsExpectedVolatilityRate>
<us-gaap:FairValueAssumptionsExpectedVolatilityRate contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember" unitRef="pure" decimals="4">0.5648</us-gaap:FairValueAssumptionsExpectedVolatilityRate>
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<us-gaap:FairValueAssumptionsRiskFreeInterestRate contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember" unitRef="pure" decimals="4">0.0025</us-gaap:FairValueAssumptionsRiskFreeInterestRate>
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<us-gaap:FairValueAssumptionsExpectedTerm contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember">P1Y9M</us-gaap:FairValueAssumptionsExpectedTerm>
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<vrng:FairValueAssumptionsTimingOfDownRoundTriggeringEvent contextRef="Context_3ME_31-Mar-2013">December 2013</vrng:FairValueAssumptionsTimingOfDownRoundTriggeringEvent>
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<vrng:WaarrantsIssued contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_SeriesOneWarrantsMember" unitRef="shares" decimals="0">48957</vrng:WaarrantsIssued>

<vrng:WaarrantsIssued contextRef="Context_3ME_31-Mar-2013_SubsidiarySaleOfStockAxis_IPOMember" unitRef="shares" decimals="0">4784000</vrng:WaarrantsIssued>



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<vrng:WaarrantsIssued contextRef="Context_Custom_31-Mar-2013_StatementEquityComponentsAxis_SeriesOneWarrantsMember" unitRef="shares" decimals="0">4704056</vrng:WaarrantsIssued>

<vrng:WaarrantsIssuedAndExercisedBeforeMerger contextRef="Context_FYE_31-Dec-2012" unitRef="shares" decimals="0">6832150</vrng:WaarrantsIssuedAndExercisedBeforeMerger>
<us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="Context_FYE_31-Dec-2012" unitRef="shares" decimals="0">726346</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
<us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="Context_3ME_31-Mar-2013" unitRef="shares" decimals="0">533562</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
<us-gaap:ConvertiblePreferredStockSharesIssuedUponConversion contextRef="Context_As_Of_31-Dec-2012" unitRef="shares" decimals="0">20136445</us-gaap:ConvertiblePreferredStockSharesIssuedUponConversion>
<vrng:ClassOfWarrantOrRightExercise contextRef="Context_FYE_31-Dec-2012" unitRef="shares" decimals="0">250000</vrng:ClassOfWarrantOrRightExercise>
<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="Context_FYE_31-Dec-2012_PrivateFinancingAxis_PrivateFinancingMember" unitRef="USD" decimals="-3">31148000</us-gaap:StockIssuedDuringPeriodValueNewIssues>
<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="Context_FYE_31-Dec-2012_PrivateFinancingAxis_PrivateFinancingOneMember" unitRef="USD" decimals="-3">44962000</us-gaap:StockIssuedDuringPeriodValueNewIssues>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" unitRef="pure" decimals="4" id="Footnote-4_3">0.6387</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" unitRef="pure" decimals="4" id="Footnote-4_4">0.6365</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" unitRef="pure" decimals="4" id="Footnote-4_5">0.6896</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" unitRef="pure" decimals="4" id="Footnote-4_6">0.6426</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" unitRef="pure" decimals="4" id="Footnote-4_7">0.0186</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" unitRef="pure" decimals="4" id="Footnote-4_8">0.0107</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" unitRef="pure" decimals="4" id="Footnote-4_9">0.0216</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" unitRef="pure" decimals="4" id="Footnote-4_10">0.0206</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_RangeAxis_MaximumMember" id="Footnote-4_11">P10Y</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_RangeAxis_MinimumMember" id="Footnote-4_12">P5Y8M16D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_RangeAxis_MaximumMember" id="Footnote-4_13">P10Y</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_RangeAxis_MinimumMember" id="Footnote-4_14">P9Y9M</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" unitRef="pure" decimals="2" id="Footnote-4_15">0.00</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" unitRef="pure" decimals="2" id="Footnote-4_16">0.00</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate>


<vrng:GrantDateOfCommonStock contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" id="Footnote-4_17">January-March2013</vrng:GrantDateOfCommonStock>
<vrng:GrantDateOfCommonStock contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" id="Footnote-4_18">January-March2013</vrng:GrantDateOfCommonStock>



<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="2">3.18</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">3.19</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_19">3.24</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_20">3.18</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_21">3.30</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_22">2.90</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>


<vrng:SharePriceAtGrantDate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_23">3.24</vrng:SharePriceAtGrantDate>
<vrng:SharePriceAtGrantDate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_24">3.18</vrng:SharePriceAtGrantDate>
<vrng:SharePriceAtGrantDate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_25">3.30</vrng:SharePriceAtGrantDate>
<vrng:SharePriceAtGrantDate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_26">2.90</vrng:SharePriceAtGrantDate>


<vrng:VestingTermsOfStockGranted contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember" id="Footnote-4_27">Over 0-2.5 years</vrng:VestingTermsOfStockGranted>
<vrng:VestingTermsOfStockGranted contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember" id="Footnote-4_28">Over 1-3 years</vrng:VestingTermsOfStockGranted>




<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="Context_As_Of_31-Dec-2011" unitRef="shares" decimals="0">41178</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="Context_As_Of_31-Dec-2011_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="Context_As_Of_31-Dec-2012" unitRef="shares" decimals="0">9149105</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="Context_As_Of_31-Dec-2012_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">3125000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="Context_As_Of_31-Mar-2013" unitRef="shares" decimals="0">11713313</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="Context_As_Of_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">3336375</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAtMerger contextRef="Context_FYE_31-Dec-2012_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">0</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAtMerger>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod contextRef="Context_3ME_31-Mar-2013" unitRef="shares" decimals="0">2743333</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">669250</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod>
<vrng:ShareBasedCompensationArrangementAwardOptionsExercised contextRef="Context_3ME_31-Mar-2013" unitRef="shares" decimals="0">83813</vrng:ShareBasedCompensationArrangementAwardOptionsExercised>
<vrng:ShareBasedCompensationArrangementAwardOptionsExercised contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">449749</vrng:ShareBasedCompensationArrangementAwardOptionsExercised>

<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod contextRef="Context_FYE_31-Dec-2012_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod contextRef="Context_3ME_31-Mar-2013" unitRef="shares" decimals="0">95312</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">8126</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber contextRef="Context_As_Of_31-Mar-2013" unitRef="shares" decimals="0">5010156</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber contextRef="Context_As_Of_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="shares" decimals="0">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber>

<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Dec-2011_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="0">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>

<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">5.50</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">0.01</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Dec-2012_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="2">3.72</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Dec-2012_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">3.33</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="2">3.61</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="Context_As_Of_31-Mar-2013_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">3.31</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="2">3.70</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">0.14</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="2">3.72</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">3.62</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingOpeningBalanceWeightedAverageGrantDateFairValue contextRef="Context_3ME_31-Mar-2013_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="0">0</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingOpeningBalanceWeightedAverageGrantDateFairValue>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingOpeningBalanceWeightedAverageGrantDateFairValue contextRef="Context_3ME_31-Mar-2013_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">3.11</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingOpeningBalanceWeightedAverageGrantDateFairValue>

<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Dec-2011_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="0">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>

<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Dec-2012" unitRef="USD_per_Share" decimals="2">2.57</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">5.50</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">0.01</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Dec-2012_AwardTypeAxis_RestrictedStockMember" unitRef="USD_per_Share" decimals="2">3.72</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Dec-2012_RangeAxis_WeightedAverageMember" unitRef="USD_per_Share" decimals="2">3.33</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="Context_As_Of_31-Mar-2013" unitRef="USD_per_Share" decimals="2">2.53</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="Context_3ME_31-Mar-2013" unitRef="USD_per_Share" decimals="2">2.43</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
<vrng:ShareBasedCompensationArrangementAwardEquityInstrumentsOtherThanOptionsExercisedWeightedAverageGrantDateFairValue contextRef="Context_3ME_31-Mar-2013" unitRef="USD_per_Share" decimals="2">3.60</vrng:ShareBasedCompensationArrangementAwardEquityInstrumentsOtherThanOptionsExercisedWeightedAverageGrantDateFairValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="Context_3ME_31-Mar-2013" unitRef="USD_per_Share" decimals="2">2.35</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>

<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">5.50</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange contextRef="Context_As_Of_31-Dec-2012_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">0.01</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange contextRef="Context_As_Of_31-Mar-2013_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">5.50</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange contextRef="Context_As_Of_31-Mar-2013_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">0.01</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAfterMergerExercisePriceRange contextRef="Context_3ME_31-Mar-2013_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">3.24</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAfterMergerExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAfterMergerExercisePriceRange contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">3.18</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodAfterMergerExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodExercisePriceRange contextRef="Context_3ME_31-Mar-2013_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">1.50</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodExercisePriceRange contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">0.01</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodExercisePriceRange contextRef="Context_3ME_31-Mar-2013_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">5.50</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodExercisePriceRange>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodExercisePriceRange contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember" unitRef="USD_per_Share" decimals="2">0.01</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedInPeriodExercisePriceRange>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="Context_As_Of_31-Dec-2012" unitRef="shares" decimals="0">18863261</us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="Context_As_Of_31-Mar-2013" unitRef="shares" decimals="0">18769114</us-gaap:ClassOfWarrantOrRightOutstanding>
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<vrng:ExpectedTermOfWarrants contextRef="Context_Custom_19-Jul-2012_StatementEquityComponentsAxis_SpecialBridgeWarrantsMember">P2Y5M8D</vrng:ExpectedTermOfWarrants>
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<vrng:ExpectedTermOfWarrants contextRef="Context_Custom_19-Jul-2012_StatementEquityComponentsAxis_PreferentialReloadWarrantsMember">P4Y6M18D</vrng:ExpectedTermOfWarrants>
<vrng:ExpectedTermOfWarrants contextRef="Context_Custom_19-Jul-2012_StatementEquityComponentsAxis_NonPreferentialReloadWarrantsMember">P4Y6M18D</vrng:ExpectedTermOfWarrants>
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<us-gaap:OperatingLeasesRentExpenseNet contextRef="Context_3ME_31-Mar-2013" unitRef="USD" decimals="-3">53000</us-gaap:OperatingLeasesRentExpenseNet>
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<vrng:TermOfLeaseAgreement contextRef="Context_Custom_31-Jul-2012">Four years</vrng:TermOfLeaseAgreement>
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<vrng:ProceedsFromLitigationSettlementClaims contextRef="Context_FYE_31-Dec-2012_LegalEntityAxis_GoogleMember" unitRef="USD" decimals="-3">15800000</vrng:ProceedsFromLitigationSettlementClaims>

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<us-gaap:InvestmentPolicyTextBlock contextRef="Context_3ME_31-Mar-2013">&lt;p style="text-align: justify; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;(f) Short-term investments&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p style="text-align: justify; text-indent: 0.5in; margin: 0pt 0px; font: 10pt times new roman, times, serif;"&gt;Currently, short-term investment securities as of March&amp;#160;31, 2013 and December 31, 2012, in the total amount of $3,120 and $0, respectively, consist of investment in commercial paper. The Company classified its investments as held-to-maturity. Held-to-maturity debt securities are those debt securities in which the Company has the ability and intent to hold the security until maturity. Held-to-maturity debt securities are recorded at amortized cost, adjusted for the amortization or accretion of premiums or discounts. Premiums and discounts on debt securities are amortized or accreted over the life of the related held-to-maturity security as an adjustment to yield using the effective-interest method. Such amortization and accretion is included in the &amp;#8220;non-operating income&amp;#8221; line item in the Consolidated Statements of Operations. Dividend and interest income are recognized when earned.&lt;/p&gt;</us-gaap:InvestmentPolicyTextBlock>




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<vrng:IncrementalNetIncomeLossAvailableToConversionWarrantsDiluted contextRef="Context_Custom_31-Mar-2013" unitRef="USD" decimals="-3">-68000</vrng:IncrementalNetIncomeLossAvailableToConversionWarrantsDiluted>
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<link:loc xlink:type="locator" xlink:href="#Footnote-4_20" xlink:label="lab_Footnote-4_20"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_20"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_21" xlink:label="lab_Footnote-4_21"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_21"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_22" xlink:label="lab_Footnote-4_22"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_22"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_23" xlink:label="lab_Footnote-4_23"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_23"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_24" xlink:label="lab_Footnote-4_24"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_24"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_25" xlink:label="lab_Footnote-4_25"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_25"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_26" xlink:label="lab_Footnote-4_26"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_26"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_27" xlink:label="lab_Footnote-4_27"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_27"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_28" xlink:label="lab_Footnote-4_28"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" order="1.0" xlink:to="Footnote-4" xlink:from="lab_Footnote-4_28"/>
<link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xml:lang="en-US" xlink:label="Footnote-1">Includes stock-based compensation expense</link:footnote>
<link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xml:lang="en-US" xlink:label="Footnote-2">Represents amounts less than $1</link:footnote>
<link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xml:lang="en-US" xlink:label="Footnote-3">Share amounts were not retrospectively restated to reflect Vringo's equity instruments after the Merger.</link:footnote>
<link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xml:lang="en-US" xlink:label="Footnote-4">* Certain options granted to officers, directors and certain key employees are subject to acceleration of vesting of 75% - 100% (according to the agreement signed with each optionee), upon a subsequent change of control.</link:footnote>










<link:loc xlink:type="locator" xlink:href="#Footnote-4_29" xlink:label="lab_Footnote-4_29"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="lab_Footnote-4_29" xlink:to="Footnote-4" order="1.0"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_30" xlink:label="lab_Footnote-4_30"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="lab_Footnote-4_30" xlink:to="Footnote-4" order="1.0"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_31" xlink:label="lab_Footnote-4_31"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="lab_Footnote-4_31" xlink:to="Footnote-4" order="1.0"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_32" xlink:label="lab_Footnote-4_32"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="lab_Footnote-4_32" xlink:to="Footnote-4" order="1.0"/>
<link:loc xlink:type="locator" xlink:href="#Footnote-4_33" xlink:label="lab_Footnote-4_33"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="lab_Footnote-4_33" xlink:to="Footnote-4" order="1.0"/>
</link:footnoteLink>






<xbrli:context id="Context_3ME_31-Mar-2012_LegalEntityAxis_PatentedTechnologyMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:PatentedTechnologyMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2012-01-01</xbrli:startDate><xbrli:endDate>2012-03-31</xbrli:endDate></xbrli:period></xbrli:context>
	<us-gaap:AmortizationOfIntangibleAssets contextRef="Context_3ME_31-Mar-2012_LegalEntityAxis_PatentedTechnologyMember" unitRef="USD" decimals="-3">247000</us-gaap:AmortizationOfIntangibleAssets>
<xbrli:context id="Context_0ME_06-Nov-2012"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2012-11-01</xbrli:startDate><xbrli:endDate>2012-11-06</xbrli:endDate></xbrli:period></xbrli:context>
	<vrng:RunningRoyaltyRate contextRef="Context_0ME_06-Nov-2012" unitRef="pure" decimals="3">0.035</vrng:RunningRoyaltyRate>
<xbrli:context id="Context_0ME_12-Oct-2012"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2012-10-01</xbrli:startDate><xbrli:endDate>2012-10-12</xbrli:endDate></xbrli:period></xbrli:context>
	<vrng:ExpectedTermOfWarrants contextRef="Context_0ME_12-Oct-2012">P2Y7M28D</vrng:ExpectedTermOfWarrants>
<xbrli:context id="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember_StatementEquityComponentsAxis_VestedAndUnvestedStockOptionMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">vrng:VestedAndUnvestedStockOptionMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2013-01-01</xbrli:startDate><xbrli:endDate>2013-03-31</xbrli:endDate></xbrli:period></xbrli:context>
	<vrng:StockOptionExercisePrice contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember_StatementEquityComponentsAxis_VestedAndUnvestedStockOptionMember" unitRef="USD_per_Share" decimals="2">0.96</vrng:StockOptionExercisePrice>
<xbrli:context id="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_VestedAndUnvestedStockOptionMember_RangeAxis_MaximumMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">vrng:VestedAndUnvestedStockOptionMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2013-01-01</xbrli:startDate><xbrli:endDate>2013-03-31</xbrli:endDate></xbrli:period></xbrli:context>
	<vrng:StockOptionExercisePrice contextRef="Context_3ME_31-Mar-2013_StatementEquityComponentsAxis_VestedAndUnvestedStockOptionMember_RangeAxis_MaximumMember" unitRef="USD_per_Share" decimals="2">5.50</vrng:StockOptionExercisePrice>
<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="Context_3ME_31-Mar-2013_PlanNameAxis_TwoThousandTwelveStockOptionPlanMember" unitRef="shares" decimals="0">6500000</us-gaap:StockIssuedDuringPeriodSharesNewIssues>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="Context_3ME_31-Mar-2013_RangeAxis_MaximumMember">P3Y</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="Context_3ME_31-Mar-2013_RangeAxis_MinimumMember">P1Y</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentOptionsAvailableForFutureGrant contextRef="Context_3ME_31-Mar-2013_PlanNameAxis_TwoThousandTwelveStockOptionPlanMember" unitRef="shares" decimals="0">3200000</vrng:ShareBasedCompensationArrangementByShareBasedPaymentOptionsAvailableForFutureGrant>
<xbrli:context id="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_PlanNameAxis_RestrictedStockUnitsRSUMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">vrng:ManagementDirectorsAndEmployeesMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:PlanNameAxis">us-gaap:RestrictedStockUnitsRSUMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2013-01-01</xbrli:startDate><xbrli:endDate>2013-03-31</xbrli:endDate></xbrli:period></xbrli:context>
	<xbrli:context id="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_PlanNameAxis_RestrictedStockUnitsRSUMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:RelatedPartyTransactionsByRelatedPartyAxis">vrng:ConsultantMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:PlanNameAxis">us-gaap:RestrictedStockUnitsRSUMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2013-01-01</xbrli:startDate><xbrli:endDate>2013-03-31</xbrli:endDate></xbrli:period></xbrli:context>
	<vrng:GrantDateOfCommonStock contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_PlanNameAxis_RestrictedStockUnitsRSUMember" id="Footnote-4_29">February 2013</vrng:GrantDateOfCommonStock>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockGrantsInPeriodGross contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_PlanNameAxis_RestrictedStockUnitsRSUMember" unitRef="shares" decimals="0" id="Footnote-4_30">636250</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockGrantsInPeriodGross>
<vrng:VestingTermsOfStockGranted contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_PlanNameAxis_RestrictedStockUnitsRSUMember" id="Footnote-4_31">Over 1-3 years</vrng:VestingTermsOfStockGranted>
<vrng:GrantDateOfCommonStock contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_PlanNameAxis_RestrictedStockUnitsRSUMember">January 2013</vrng:GrantDateOfCommonStock>
<vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockGrantsInPeriodGross contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_PlanNameAxis_RestrictedStockUnitsRSUMember" unitRef="shares" decimals="0">33000</vrng:ShareBasedCompensationArrangementByShareBasedPaymentAwardRestrictedStockGrantsInPeriodGross>
<vrng:VestingTermsOfStockGranted contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_PlanNameAxis_RestrictedStockUnitsRSUMember">Over 9 months</vrng:VestingTermsOfStockGranted>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_PlanNameAxis_RestrictedStockUnitsRSUMember" unitRef="USD_per_Share" decimals="0" id="Footnote-4_32">0</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<vrng:SharePriceAtGrantDate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ManagementDirectorsAndEmployeesMember_PlanNameAxis_RestrictedStockUnitsRSUMember" unitRef="USD_per_Share" decimals="2" id="Footnote-4_33">3.18</vrng:SharePriceAtGrantDate>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_PlanNameAxis_RestrictedStockUnitsRSUMember" unitRef="USD_per_Share" decimals="0">0</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice>
<vrng:SharePriceAtGrantDate contextRef="Context_3ME_31-Mar-2013_RelatedPartyTransactionsByRelatedPartyAxis_ConsultantMember_PlanNameAxis_RestrictedStockUnitsRSUMember" unitRef="USD_per_Share" decimals="2">3.26</vrng:SharePriceAtGrantDate>





<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod contextRef="Context_Custom_31-Dec-2011" unitRef="shares" decimals="0">8768014</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod contextRef="Context_FYE_31-Dec-2012" unitRef="shares" decimals="0">265000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod>

<xbrli:context id="Context_8ME_31-Mar-2013"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2012-07-20</xbrli:startDate><xbrli:endDate>2013-03-31</xbrli:endDate></xbrli:period></xbrli:context>
	<vrng:AverageForeignCurrencyExchangeRate contextRef="Context_8ME_31-Mar-2013" unitRef="EUR_per_Share" decimals="3">0.775</vrng:AverageForeignCurrencyExchangeRate>
<vrng:AverageForeignCurrencyExchangeRate contextRef="Context_8ME_31-Mar-2013" unitRef="ILS_per_Share" decimals="3">3.846</vrng:AverageForeignCurrencyExchangeRate>
<us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities contextRef="Context_3ME_31-Mar-2013" unitRef="USD" decimals="-3">0</us-gaap:StockIssuedDuringPeriodValueConversionOfConvertibleSecurities>
<xbrli:context id="Context_As_Of_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_LeaseAgreementsMember_SubsequentEventTypeAxis_SubsequentEventMember_LegalEntityAxis_TexasMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis">us-gaap:LeaseAgreementsMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="dei:LegalEntityAxis">vrng:TexasMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:instant>2013-03-31</xbrli:instant></xbrli:period></xbrli:context>

<xbrli:context id="Context_3ME_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_LeaseAgreementsMember_SubsequentEventTypeAxis_SubsequentEventMember_LegalEntityAxis_TexasMember"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001410428</xbrli:identifier><xbrli:segment><xbrldi:explicitMember dimension="us-gaap:FiniteLivedIntangibleAssetsByMajorClassAxis">us-gaap:LeaseAgreementsMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember><xbrldi:explicitMember dimension="dei:LegalEntityAxis">vrng:TexasMember</xbrldi:explicitMember></xbrli:segment></xbrli:entity><xbrli:period><xbrli:startDate>2013-01-01</xbrli:startDate><xbrli:endDate>2013-03-31</xbrli:endDate></xbrli:period></xbrli:context>


<vrng:TermOfLeaseAgreement contextRef="Context_3ME_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_LeaseAgreementsMember_SubsequentEventTypeAxis_SubsequentEventMember_LegalEntityAxis_TexasMember">thirty six months</vrng:TermOfLeaseAgreement>
<vrng:LeaseCommitmentGross contextRef="Context_As_Of_31-Mar-2013_FiniteLivedIntangibleAssetsByMajorClassAxis_LeaseAgreementsMember_SubsequentEventTypeAxis_SubsequentEventMember_LegalEntityAxis_TexasMember" unitRef="USD" decimals="0">61</vrng:LeaseCommitmentGross>

<us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="Context_As_Of_08-Jun-2011" unitRef="USD" decimals="-3">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>


<vrng:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityDerivativeWarrantsIssuedByLegalParent contextRef="Context_FYE_31-Dec-2012" unitRef="USD" decimals="-3">3162000</vrng:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityDerivativeWarrantsIssuedByLegalParent>
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