Annual report pursuant to Section 13 and 15(d)

BRIDGE LOANS, MEMBER LOAN AND CONVERTIBLE DEBT (Details)

v3.3.1.900
BRIDGE LOANS, MEMBER LOAN AND CONVERTIBLE DEBT (Details) - USD ($)
12 Months Ended
Jun. 03, 2014
Jun. 17, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Assumptions used in estimating fair value of warrants          
Interest paid     $ 0 $ 414,000  
Common Stock          
Assumptions used in estimating fair value of warrants          
Conversion of convertible notes (in shares)       2,787,667  
STI | Common Stock          
Assumptions used in estimating fair value of warrants          
Number of shares or units against which debt is issued   100      
STI | Class C Member’s          
Assumptions used in estimating fair value of warrants          
Number of shares or units against which debt is issued   300,000      
MDB          
Bridge loans, member loan and convertible debt [Line Items]          
Payment of placement agent fee   $ 700,000      
Senior convertible notes          
Bridge loans, member loan and convertible debt [Line Items]          
Principal amount   7,000,000      
Net cash proceeds   $ 6,300,000      
Interest rate (as a percent)   6.00%      
Derivative liability   $ 1,900,000      
Equity value         $ 20,000,000
Assumptions used in estimating fair value of warrants          
Volatility (as a percent)         102.10%
Risk free interest rate (as a percent)         0.19%
Debt discount $ 780,000       $ 300,000
Interest paid $ 403,667        
Conversion of convertible notes (in shares) 2,087,667        
Unpaid interest $ 404,000        
Interest expense       $ 728,000  
Senior convertible notes | Minimum          
Assumptions used in estimating fair value of warrants          
Time to maturity         9 months
Senior convertible notes | Maximum          
Assumptions used in estimating fair value of warrants          
Time to maturity         15 months
Subordinated Convertible Note          
Assumptions used in estimating fair value of warrants          
Debt discount   $ 300,000   61,000 $ 300,000
Unpaid interest $ 0        
Interest expense       $ 90,000  
Minimum effective interest rate (as a percent)   11.80%      
Subordinated Convertible Note | Common Stock          
Assumptions used in estimating fair value of warrants          
Conversion of convertible notes (in shares) 700,000        
Subordinated Convertible Note | STI          
Bridge loans, member loan and convertible debt [Line Items]          
Principal amount   $ 2,400,000