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Subsequent Events
12 Months Ended
Dec. 31, 2015
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 17: SUBSEQUENT EVENTS

 

On January 15, 2016 the Company issued a warrant to purchase 250,000 shares of the Company’s common stock at the per share price of $0.28 in exchange for services rendered.

 

In February 2016, a former vendor alleging our failure to pay outstanding invoices for approximately $335 initiated a breach-of-contract lawsuit against us in the Superior Court of New Jersey Law Division: Essex County. It is our objective that we reach a negotiated settlement with the vendor. At this time, we do not believe this matter individually is likely to have a material adverse impact on the Company.