Quarterly report pursuant to Section 13 or 15(d)

Schedule of Aggregate Fair Values, Warrants (Details)

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Schedule of Aggregate Fair Values, Warrants (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Calculated aggregate value $ 1,073,341 $ 2,327,195
Weighted average exercise price per share of warrant $ 3.72 $ 3.72
Closing price per share of common stock $ 0.56 $ 1.00
Weighted average volatility 86.80% 83.60%
Weighted average remaining expected life (years) 4 years 10 months 24 days 5 years 1 month 10 days
Weighted average risk-free interest rate 1.40% 1.90%
Dividend yield 0.00% 0.00%