Provision for Conversion of Series A Preferred Stock (Detail Textuals) - USD ($) |
1 Months Ended | |
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Apr. 30, 2015 |
Jun. 30, 2015 |
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Conversion of Stock [Line Items] | ||
Fair value of the conversion feature | $ 700,000 | |
Series A preferred stock | ||
Conversion of Stock [Line Items] | ||
Minimum equity financing under down-round protection feature | $ 1,000,000 | |
Maximum common stock issuance price per share (in dollars per share) | $ 2.50 | |
Down round provisions expiration terms | earlier of (i) a subsequent equity financing of at least $1,000,000 or (ii) October 1, 2015. | |
Fair value of the conversion feature | $ 700,000 |
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- Definition Description of down round provisions expiration terms. No definition available.
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- Definition Represents maximum issuance price per share under equity financing. No definition available.
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- Definition Represents value of minimum issuance of shares under equity financing. No definition available.
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- Definition Represents the amount related to provision for conversion of preferred stock as of balance sheet date. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Details
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