Annual report pursuant to Section 13 and 15(d)

Common Stock (Narrative) (Details)

v3.3.1.900
Common Stock (Narrative) (Details) - USD ($)
 12 Months Ended
Dec. 03, 2015
Nov. 12, 2015
Mar. 16, 2015
Apr. 14, 2014
Jan. 21, 2014
Oct. 16, 2013
Jul. 26, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Common Stock [Abstract]                    
Aggregate offering price of common stock which the Company may issue and sell     $ 40,000,000              
Shares issued   16,666,667 1,407,072   19,047,620 10,192,309 11,400,000      
Warrants issued   12,500,000     4,761,905 3,567,309 3,990,000 13,333,333 4,761,905  
Share Price   $ 0.42 $ 0.7410   $ 1.05 $ 0.52 $ 0.50      
Proceeds from issuance   $ 7,000,000 $ 1,042,573   $ 20,000,001 $ 5,300,001 $ 5,700,000      
Proceeds from issuance after deducting commissions and other transaction costs     $ 1,005,715              
Cash paid in exchange for legal services   565,906     1,365,754 432,000 526,845      
Commission on sale of shares     3.00%              
Public offering closing costs   740,323       519,368 637,334      
Proceeds allocated to financing expense   211,116     206,172 91,653 112,559      
Issuance cost incurred   $ 529,207     $ 1,159,582 $ 427,715 $ 524,775      
Warrants issued per share of stock issued in unit offering   0.75     0.25 0.35 0.35      
Warrants issued included in closing costs   833,333       407,692 456,000      
Fair value   $ 174,417       $ 87,368 $ 110,489 $ 2,739,163 $ 3,768,351  
Stock Warrants, Exercise Price   $ 0.53     $ 1.28 $ 0.575 $ 0.59      
Stock options exercised, shares       99,010       889,428 448,693 375,000
Stock options exercised       $ 100,000       $ 708,617 $ 358,955 $ 90,000
Retirement of treasury stock, shares 113,215                  
Retirement of treasury stock $ 128,410