2015 Private Placement Funding (Details Textual) |
3 Months Ended |
|---|---|
|
Mar. 31, 2016
USD ($)
$ / shares
shares
| |
| Private Placement Funding [Line Items] | |
| Effectiveness Of Registration Statement Description | The Registration Statement was filed on June 9, 2015 and declared effective on July 23, 2015. The Company is required to keep the registration statement continuously effective under the Securities Act of 1933, as amended (the “Securities Act”), for a period of one year from the date it is declared effective by the SEC or for such shorter period ending on the earlier of the date when all the registrable securities covered by the registration statement have been sold or such time as all of the securities covered by the registration statement can be sold under Rule 144 without any volume limitations (the “Effectiveness Period”). If the Company does not maintain the effectiveness of the registration statement during the Effectiveness Period, subject to certain limitations and the right of the Company to suspend the use of the prospectus for certain periods, the Company shall pay to each holder of registrable securities purchased in 2015 Private Placement an amount in cash equal to half of one percent (0.5%) of such holder’s investment amount, subject to a maximum penalty equal to six percent (6%) of such holder’s investment amount, on every thirty (30) day anniversary of such failure to maintain the registration statement until such failure was cured; provided however that such liquidated damages shall be paid only with respect to registrable securities that cannot then be immediately resold in reliance on Rule 144. |
| Proceeds from Issuance of Common Stock, Net | $ | $ 8,500,000 |
| Warrant [Member] | |
| Private Placement Funding [Line Items] | |
| Number Of Units Issued In Offering | shares | 20,000,000 |
| Minimum [Member] | |
| Private Placement Funding [Line Items] | |
| Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.50 |
| 2015 Private Placement [Member] | |
| Private Placement Funding [Line Items] | |
| Share Price | 0.50 |
| Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.75 |
| Number Of Units Issued In Offering | shares | 20,000,000 |
| Payments for Repurchase of Common Stock | $ | $ 10,000,000 |
| Placement Agent Fees | $ | 1,000,000 |
| Non Accountable Expense Allowance | $ | $ 300,000 |
| Warrant Solicitation Fee Percentage | 5.00% |
| 2015 Private Placement [Member] | Exercise Price One [Member] | |
| Private Placement Funding [Line Items] | |
| Warrants Issued For Purchase Of Common Stock | shares | 2,000,000 |
| Investment Warrants, Exercise Price | $ 0.50 |
| 2015 Private Placement [Member] | Exercise Price Two [Member] | |
| Private Placement Funding [Line Items] | |
| Warrants Issued For Purchase Of Common Stock | shares | 2,000,000 |
| Investment Warrants, Exercise Price | $ 0.75 |
| 2015 Private Placement [Member] | Minimum [Member] | |
| Private Placement Funding [Line Items] | |
| Closing Bid Price Of Common Stock | $ 3.00 |