Quarterly report pursuant to Section 13 or 15(d)

Warrant Liability (Details)

v3.5.0.2
Warrant Liability (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Warrant Liability Details    
Calculated aggregate value $ 120,513 $ 2,327,195
Weighted average exercise price per share of warrant $ 27.60 $ 18.60
Closing price per share of common stock $ 1.74 $ 5.00
Weighted average volatility 93.56% 83.60%
Weighted average remaining expected life (years) 2 years 9 months 7 days 5 years 1 month 10 days
Weighted average risk-free interest rate 0.88% 1.90%
Dividend yield 0.00% 0.00%