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Redeemable Convertible Preferred Stock (Tables)
 12 Months Ended
Dec. 31, 2015
Temporary Equity Disclosure [Abstract]  
Fair Value Inputs, Liabilities, Quantitative Information [Table Text Block]
The table below shows the quantitative information about the significant unobservable inputs used in the fair value measurement of level 3 conversion feature liability at December 31, 2015 and 2014:
 
 
 
2015
 
2014
 
Expected life of the redemption in years
 
 
1.0
 
 
1.0
 
Risk free interest rate
 
 
0.61
%
 
0.25
%
Expected annual volatility
 
 
84.49
%
 
76.42
%
Annual rate of dividends
 
 
0
%
 
0
%
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
The changes in the fair value of the derivative are as follows:
 
Balance as of January 1, 2014
 
$
76,236
 
Decrease of fair value
 
 
(5,450)
 
 
 
 
 
 
Ending balance as of December 31, 2014
 
 
70,786
 
Increase of fair value
 
 
5,557
 
 
 
 
 
 
Ending balance as of December 31, 2015
 
$
76,343