Subsequent Events (Details) - USD ($) |
6 Months Ended | |||||
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Aug. 02, 2017 |
Jun. 30, 2017 |
Dec. 31, 2016 |
Jun. 30, 2016 |
Mar. 31, 2016 |
Dec. 31, 2015 |
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Subsequent Events (Textual) | ||||||
Offering price | $ 1.47 | |||||
Cash and cash equivalents | $ 11,456,272 | $ 20,519,294 | $ 20,455,248 | $ 22,206,956 | $ 25,643,273 | |
Subsequent Events [Member] | ||||||
Subsequent Events (Textual) | ||||||
Public offering of shares | 21,500,000 | |||||
Gross proceeds of offering amount | $ 16,100,000 | |||||
Exercise price | $ 1.05 | |||||
Offering price | $ 0.75 | |||||
Subsequent event, description |
On August 2, 2017, the Company completed an underwritten public offering of 21,500,000 shares of its common stock and warrants to purchase an aggregate of 18,275,000 shares of the Company’s common stock at an offering price to the public of $0.75 per share and related warrant. The warrants have an exercise price of $1.05 per share and have a term of five years.
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Stock options, vesting period | 5 years | |||||
Cash and cash equivalents | $ 24,000,000 | |||||
Employee [Member] | ||||||
Subsequent Events (Textual) | ||||||
Issuance common shares to an employee for vested grant | 1,500 |
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of options vested. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Describes the event or transaction that occurred between the balance sheet date and the date the financial statements are issued or available to be issued. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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