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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of all warrant activity
  September 30, 2016 
  Warrants  Weighted Average Exercise Price  Weighted Average 
Remaining Contractual Life
 
Outstanding and exercisable, January 1, 2016  464,073  $3.02   0.19 
Granted (Prefunded)  3,600,000   0.01   - 
Granted (Purchase)  4,313,676   1.12   - 
Expired/cancelled  (384,073)  3.13   - 
Exercised  (80,000)  2.00   - 
Outstanding and exercisable, September 30, 2016  7,913,676  $0.62   5.39 
Schedule of conversion of preferred stock issued to common stock

 

  Shares of
Preferred
Stock Not
Exchanged
as of
September 30,
2016
  Conversion Ratio  Shares of
Common
Stock after
Conversion
of all
Outstanding
Shares of
Preferred
Stock Not
yet
Exchanged at
September 30,
2016
 
             
Series B Preferred stock  83   132.07   10,962
Summary of warrants to purchase common Stock

 

Outstanding Warrants to Purchase
Common Stock as of September 30, 2016:

 

Description Issue Date  Exercise
Price
  Shares  Expiration
Date
 
             
August 2016 Investor Prefunded Warrants  8/16/2016  $0.01   3,600,000   2/16/2022 
August 2016 Investor Warrants  8/17/2016  $1.12   4,100,000   2/17/2022 
Employee Warrants  8/17/2016  $1.12   213,676   2/17/2022 
Total Warrants Outstanding          7,913,676