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Summary of Significant Accounting Policies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]    
Summary of estimated amortization expense of intangible assets
For the year ending December 31,:   
2017 $583,500 
2018  583,500 
2019  138,300 
2020  138,300 
2021  138,300 

 
Summary of financial liabilities measured at fair value on a recurring basis
  

Successor

September 30,

2016

  

Quoted

prices in

active market

for identical

assets

(Level l)

  

Significant

other

observable

inputs

(Level 2)

  

Significant

unobservable

inputs

(Level 3)

 
Short-term Investment $30,014  $  $30,014  $ 
Conversion Option Liabilities $376,115  $  $  $376,115 
                 

 

  Predecessor December 31, 2015  Quoted
prices in active market for identical assets
(Level l)
  Significant other observable inputs 
(Level 2)
  Significant unobservable inputs 
(Level 3)
 
Short-term Investment $30,003  $  $30,003  $ 
Warrant Liabilities $  $  $  $(1)
Conversion Option Liabilities $  $  $  $(1)
  December 31,
2015
  Quoted prices in active market for identical assets 
(Level l)
  Significant other 
observable inputs 
(Level 2)
  Significant 
unobservable inputs 
(Level 3)
 
Warrant Liabilities $  $  $  $(1)
Conversion Option Liabilities $  $  $  $(1)

 

(1)    De minimis value at December 31, 2015.

 

  December 31,
2014
  Quoted prices in active market for identical assets 
(Level l)
  Significant other observable inputs 
(Level 2)
  Significant unobservable inputs
(Level 3)
 
Warrant Liabilities $536,671  $  $  $536,671 
Conversion Option Liabilities $110,000  $  $  $110,000
Summary of the changes in the fair value of the Company's Level 3 financial liabilities measured on a recurring basis
  

Successor

For the

Nine Months

Ended
September 30,

2016

  

Predecessor

For the

Nine Months

Ended

September 30,

2015

 
Beginning balance $  $646,671 
Aggregate fair value of conversion option liabilities and warrants issued  394,460    
Change in fair value related to increase in warrants issued for anti-dilutive adjustment      
Change in fair value of conversion option liabilities and warrants  (18,345)  (646,671)
Ending balance $376,115  $ 
  For the year ended
December 31,
2015
  For the year ended
December 31, 2014
 
Beginning balance $646,671  $217,611 
Aggregate fair value of conversion option liabilities and warrants issued     1,815,529 
Change in fair value related to increase in warrants issued for anti-dilutive adjustment     745,920 
Change in fair value of conversion option liabilities and warrants  (646,671)  (2,132,389)
Ending balance $  $646,671