Quarterly report pursuant to Section 13 or 15(d)

Warrants (Details)

v3.5.0.2
Warrants (Details) - Warrant [Member] - $ / shares
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Number of Awards, Outstanding at December 31, 2015 1,983,673  
Number of Awards, Issued [1] 871,000  
Number of Awards, Forfeited (1,937)  
Outstanding at September 30, 2016 2,852,736 1,983,673
Weighted Average Exercise Price, Outstanding at December 31, 2015 $ 9.18  
Weighted Average Exercise Price, Issued [2] 3.5  
Weighted Average Exercise Price, Forfeited 9.18  
Outstanding at September 30, 2016 $ 7.45 $ 9.18
Weighted Average Remaining Term in Years, Outstanding 4 years 7 months 2 days 5 years 3 months 25 days
Weighted Average Remaining Term in Years, Issued 4 years 8 months 26 days  
Weighted Average Remaining Term in Years, Forfeited 4 years 9 months 25 days  
[1] Consists of 1,742,000 warrants to purchase 837,500 shares of Common Stock issued to the investor, and 33,500 shares issued to the Sales Agent, in connection with the Company’s registered direct offering on June 30, 2016.
[2] Warrant exercise price for a full share of Common Stock. Each warrant issued is for the purchase of one-half of a share of Common Stock.