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SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details)
0 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended
Jul. 07, 2014
USD ($)
Jul. 31, 2014
USD ($)
Sep. 30, 2014
USD ($)
Sep. 30, 2014
USD ($)
Dec. 31, 2013
USD ($)
Nov. 06, 2013
Convertible Promissory Notes
USD ($)
Nov. 06, 2013
Convertible Promissory Notes
EUR (€)
Sep. 30, 2014
Convertible Promissory Notes
USD ($)
Sep. 30, 2014
Convertible Promissory Notes
USD ($)
Dec. 31, 2013
Convertible Promissory Notes
USD ($)
Sep. 30, 2014
Convertible Promissory Notes
Sonkei
USD ($)
Sep. 30, 2014
Convertible Promissory Notes
Sonkei
EUR (€)
Nov. 12, 2013
Convertible Promissory Notes
Sonkei
USD ($)
Nov. 12, 2013
Convertible Promissory Notes
Sonkei
EUR (€)
Sep. 30, 2014
8% Convertible Promissory Notes
USD ($)
Significant Accounting Policies [Line Items]                              
Payment of initial upfront license fee   $ 22,000,000                          
Accrued collaborative expenses     1,386,493 1,386,493                      
Interest or penalties related to income taxes     0 0                      
Impairment of goodwill     0 0 0                    
Interest rate (as a percent) 8.00%         8.00% 8.00% 8.00% 8.00%       8.00% 8.00%  
Face value           1,300,000   1,300,000 1,300,000   700,000 518,519 680,000 518,519  
Accrued interest         24,276                   100,000
Conversion price (in dollars per share) $ 6.00         $ 3.50 € 3.50               $ 6.00
Conversion of debt to common stock (in shares) 352,000                           352,000
Decrease in fair value of the derivative liability       10,093           10,093          
Remaining term           7 months 7 months     6 months          
Discount rate (as a percent)           8.00% 8.00%     8.00%          
Unamortized debt discount           2,000,000                  
Amortization of debt discount recorded as interest expense       $ 1,952,309       $ 0 $ 1,952,309