XML 49 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2016

Stockholders Equity Note Abstract

Stock option activity

Stock option activity for 2016 and 2015 is as follows:

		Stock Option Activity under the Plans
														Weighted Average
						Exercise Price per				Weighted Average				Remaining Life
		Stock Options				Share				Exercise Price				(Years)
Outstanding at December 31, 2014			17,577			$	19.84 - $3,921.92			$	378.08				8.83
Granted			32,765				19.04				19.04
Forfeited			(3,121	)			19.04 - 2,713.60				480.16
Outstanding at December 31, 2015			47,221				19.04 - 3,921.92			$	122.40				8.95
Granted			—				—				—
Forfeited			(5,865	)		$	19.04 - $545.28				23.95
Outstanding at December 31, 2016			41,356			$	19.84 - $3,788.80			$	135.77				7.90
Exercisable at December 31, 2016			26,774			$	19.04 - $3,788.80			$	199.31				7.63

Assumptions used to determine estimated fair value of stock options granted

the following assumptions for option grants during the year ended December 31, 2015. There were no option grants during the year ended December 31, 2016:

		Year ended December 31, 2015
Weighted average risk-free interest rates			1.82	%
Weighted average expected volatility			97.70	%
Dividend yield			—
Weighted average expected option term (in years)			5.15
Weighted average grant date fair value		$	0.89

Summary of non-vested options

A summary of the Company’s non-vested options to purchase shares as of December 31, 2016 and changes during the year ended December 31, 2016 and December 31, 2015 are presented below:

		Non-Vested Options
						Weighted
		Number of				Average
		Options				Exercise Price
Non-vested at January 1, 2015			14,116			$	332.16
Granted			32,765				28.48
Vested			(9,994	)			421.60
Forfeited			(1,416	)			574.72
Non-vested at December 31, 2015			35,471			$	22.55
Granted			—				—
Vested			(15,671	)			26.85
Forfeited			(5,218	)			19.23
Non-vested at December 31, 2016			14,582			$	19.11

Summary of restricted stock activity

A summary of the Company’s restricted stock activity as of December 31, 2016 and changes during the year ended December 31, 2016 and December 31, 2015 are presented below:

		Restricted Stock Activity
						Weighted
						Average
		Number				Grant Date
		of Shares				Fair Value
Non-vested at January 1, 2015			1,857			$	269.44
Granted			36,000				41.60
Vested			(1,854	)			217.60
Forfeited			(8	)			54.40
Non-vested at December 31, 2015			35,995			$	19.04
Granted			4,687				4.32
Vested			(19,189	)			15.44
Forfeited			(2,500	)			19.04
Non-vested at December 31, 2016			18,993			$	19.04

Summary of warrant activity

The Company issued warrants as part of its offerings in 2013, 2015, and 2016, as well as part of its issuance of convertible notes in 2016. A summary of warrant activity is as follows:

										Weighted				Weighted
										Average				Average
						Exercise Price				Exercise				Remaining
		Warrants				per Share				Price				Life (Years)
Outstanding at January 1, 2014			53,134				28.00-112.64			$	86.69				2.78
Issued			1,091,844								12.80
Exercised			(13,457	)							13.12
Expired			(2,833	)							13.12
Outstanding at December 31, 2015			1,128,688				11.84-112.64			$	16.02				2.16
Issued			7,031,929								4.80
Exercised			(499,633	)							2.75
Expired			(444,964	)							5.68
Outstanding at December 31, 2016			7,216,020				1.61-112.64			$	5.20				5.59

X

- Definition

Tabular disclosure of the changes in outstanding nonvested shares.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedShareActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(i))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5047-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration