Annual report pursuant to Section 13 and 15(d)

Series B Warrants (Detail Textuals)

v3.3.1.900
Series B Warrants (Detail Textuals) - USD ($)
1 Months Ended 12 Months Ended
Apr. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Class of Warrant or Right [Line Items]      
Warrant exercise price (in dollars per share) $ 5.00 $ 2.50  
Warrants   $ 759,386 $ 190,000
Series B warrants   2,454,959  
Term of warrant 10 years    
Change in fair market value at the re-measurement date recorded as non-operating income   $ (481,610)  
Series B Warrants      
Class of Warrant or Right [Line Items]      
Number of warrants issued   6,437,500  
Warrant exercise price (in dollars per share)   $ 1.15  
Warrants   $ 2,935,800  
Proceeds received from the Series B financing   5,000,000  
Series B warrants   $ 2,454,959  
Term of warrant   4 years 3 months  
Change in fair market value at the re-measurement date recorded as non-operating income   $ 481,610  
Warrants, expiration period   5 years