Quarterly report pursuant to Section 13 or 15(d)

Series B Warrants (Detail Textuals)

v3.5.0.2
Series B Warrants (Detail Textuals) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Mar. 31, 2016
Apr. 30, 2015
Jun. 30, 2016
Jun. 30, 2016
Dec. 31, 2015
Class of Warrant or Right [Line Items]          
Warrant exercise price (in dollars per share)   $ 5.00      
Warrants     $ 781,811 $ 781,811 $ 759,386
Series B warrants     842,325 842,325 $ 2,454,959
Term of warrant   10 years      
Change in fair market value at the re-measurement date recorded as non-operating expense     $ (2,024,114) $ (1,612,634)  
Series B Warrants          
Class of Warrant or Right [Line Items]          
Number of warrants issued     6,437,500 6,437,500  
Warrant exercise price (in dollars per share)     $ 1.15 $ 1.15  
Warrants     $ 2,935,800 $ 2,935,800  
Proceeds received from the Series B financing       $ 5,000,000  
Series B warrants $ 2,866,439        
Term of warrant 4 years 4 months 21 days        
Change in fair market value at the re-measurement date recorded as non-operating expense $ 411,480        
Warrants, expiration period       5 years