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RESTATEMENT OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2014
Accounting Changes and Error Corrections [Abstract] |
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] | The impact of the restatement on the consolidated balance sheet, statement of operations, changes in stockholders’ equity, and cash flows, as of and for the period ended December 31, 2014, is presented below.
|  | As of December 31, 2014 |
|  | As Previously Reported |  | Adjustment |  | As Restated |
Consolidated Balance Sheet Data: |  |  |  |  |  |  |  |  |  |
Derivative liability |  | $ | 1,128,499 |  | $ | 4,048,416 |  | $ | 5,176,915 |
Total current liabilities |  |  | 2,184,590 |  |  | 4,048,416 |  |  | 6,233,006 |
Total liabilities |  |  | 2,673,567 |  |  | 4,048,416 |  |  | 6,721,983 |
Additional paid-in capital |  |  | 69,911,836 |  |  | (4,102,709) |  |  | 65,809,127 |
Accumulated deficit |  |  | (59,165,963) |  |  | 54,293 |  |  | (59,111,670) |
Total stockholders’ equity |  |  | 10,745,949 |  |  | (4,048,416) |  |  | 6,697,533 |
|  | Year Ended December 31, 2014 |
|  | As Previously Reported |  | Adjustment |  | As Restated |
Consolidated Statement of Operations Data: |  |  |  |  |  |  |  |  |  |
Gain on revaluation of derivative warrants |  | $ | 2,230,864 |  | $ | 54,293 |  | $ | 2,285,157 |
Total other income, net |  |  | 1,784,550 |  |  | 54,293 |  |  | 1,838,843 |
Net loss |  |  | (8,106,395) |  |  | 54,293 |  |  | (8,052,102) |
Basic and diluted net loss per common share |  |  | (1.77) |  |  | 0.01 |  |  | (1.75) |
|  | Year Ended December 31, 2014 |
|  | As Previously Reported |  | Adjustment |  | As Restated |
Consolidated Statement of Cash Flows Data: |  |  |  |  |  |  |  |  |  |
Net loss |  |  | (8,106,395) |  |  | 54,293 |  |  | (8,052,102) |
Gain on revaluation of derivative warrants |  |  | (2,230,864) |  |  | (54,293) |  |  | (2,285,157) |

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- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22644-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22663-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22658-107794 + Details
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