XML 69 R55.htm IDEA: XBRL DOCUMENT v3.3.1.900
COMMON STOCK, PREFERRED STOCK AND WARRANTS WITH-DOWN ROUND PROTECTION (Offering) (Details) - USD ($)
5 Months Ended 12 Months Ended
Sep. 30, 2013
May. 14, 2013
May. 13, 2013
Mar. 13, 2013
Nov. 19, 2012
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Temporary Equity [Line Items]                    
Proceeds from convertible preferred stock and warrants           $ 7,300,000     $ 5,300,000  
Stock price at which stock dividend is declared           $ 5.80   $ 5.80    
Stock dividend              
Non-cash compensation expense               $ 630,936    
Non-cash charge recorded to finance expense as result of warrant exchange             $ 1,284,354      
Warrant [Member]                    
Temporary Equity [Line Items]                    
Number of warrants exchanged             (1,440,880)      
Series B-1 Warrant [Member]                    
Temporary Equity [Line Items]                    
Warrants term               5 years    
Warrant exercise price           5.80   $ 5.80    
Number of warrants exchanged             1,200,710      
Series B-2 Warrant [Member]                    
Temporary Equity [Line Items]                    
Warrants term               5 years    
Warrant exercise price           $ 10.00   $ 10.00    
Number of warrants exchanged             1,200,710      
Warrants Issued under Securities Purchase Agreement [Member]                    
Temporary Equity [Line Items]                    
Number of shares covered by warrants           1,086,178   1,086,178    
Warrant exercise price           $ 6.96   $ 6.96    
Warrants Issued under Second Closing of Securities Purchase Agreement [Member]                    
Temporary Equity [Line Items]                    
Number of shares covered by warrants           196,597   196,597    
Series A Preferred Stock [Member]                    
Temporary Equity [Line Items]                    
Number of Series A Preferred Stock shares exchanged for Series B Preferred Stock shares             (6,931)      
Series B Preferred Stock [Member]                    
Temporary Equity [Line Items]                    
Number of Series A Preferred Stock shares exchanged for Series B Preferred Stock shares             6,931      
Scenario, Plan [Member]                    
Temporary Equity [Line Items]                    
Stock issued, shares   2,824,471                
Shares convertible into   1,284,925                
Number of shares covered by warrants   1,539,546                
2012 Offering [Member]                    
Temporary Equity [Line Items]                    
Stock issued, shares         165,057          
Common stock issued, price per share         $ 7.00          
Amount of issuance         $ 1,155,399          
Number of shares offered         785,714          
Number of units sold     1,140.35 6,300            
Proceeds from convertible preferred stock and warrants               $ 5,400,000    
Cancellation of shares, shares     162,907              
Value of temporary equity reclassified     $ 1,140,349              
Total issuance costs                   $ 1,479,864
Non-cash compensation expense                   $ 562,805
2012 Offering [Member] | Series A Preferred Stock [Member]                    
Temporary Equity [Line Items]                    
Preferred stock conversion price       $ 5.80            
Shares convertible into     196,597 1,086,178            
2012 Offering [Member] | Scenario, Plan [Member]                    
Temporary Equity [Line Items]                    
Stock issued, shares     1,295,535              
2014 Offering [Member]                    
Temporary Equity [Line Items]                    
Gross proceeds from issuance of Units           $ 8,500,000        
Number of units sold           8,500        
Warrants term           5 years        
Proceeds from convertible preferred stock and warrants           $ 7,300,000        
Total issuance costs               1,787,545    
Non-cash compensation expense               $ 630,936    
Accumulated deficit [Member]                    
Temporary Equity [Line Items]                    
Stock dividend $ 278,263           $ 278,263  
Common Stock [Member]                    
Temporary Equity [Line Items]                    
Stock issued, shares                   165,057
Stock dividend             $ (92) $ (1)  
Common Stock [Member] | 2012 Offering [Member]                    
Temporary Equity [Line Items]                    
Stock issued, shares             92,136 654    
Stock dividend, shares               100,526