STOCKHOLDERS' EQUITY (Details Textual) - USD ($)
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1 Months Ended |
12 Months Ended |
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Mar. 04, 2016 |
Feb. 08, 2016 |
Oct. 01, 2015 |
Dec. 31, 2016 |
Nov. 29, 2016 |
Nov. 23, 2016 |
Apr. 20, 2016 |
Apr. 15, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Nov. 30, 2016 |
Apr. 13, 2016 |
Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
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10,716,952
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10,716,952
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Common Stock, Shares Authorized |
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40,000,000
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40,000,000
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40,000,000
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40,000,000
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Stockholders' Equity, Reverse Stock Split |
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1-for-10 reverse
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At a special meeting held on February 8, 2016, the Companys stockholders approved an amendment to the Companys certificate of incorporation to effect a reverse split of the Companys common stock at a ratio between 1:5 to 1:10 in order to ensure that adequate authorized but unissued shares would be available for anticipated future financings, and to satisfy requirements for the continued listing of the Companys common stock on the NASDAQ Capital Market. In addition, the proposal approved by the stockholders provided that if the reverse split was effected, the number of shares of common stock that the Company is authorized to issue remained unchanged at 40,000,000. The Companys stockholders further authorized the board of directors to determine the ratio at which the reverse split would be effected by filing an appropriate amendment to the Companys certificate of incorporation. The board of directors authorized the ratio of the reverse split and corresponding reduction in authorized shares on February 24, 2016, and effective at the close of business on March 4, 2016, the Companys certificate of incorporation was amended to effect a 1-for-10 reverse split of the Companys common stock (the 2016 Reverse Split). All share and per share numbers included in these consolidated financial statements give effect to the 2016 Reverse Split
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Registered Direct Offering Shares Of Common Stock |
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101,727
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Gross Proceeds From Offering |
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$ 3,300,000
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Net Proceeds From Offering |
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2,868,000
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Equity Financing Authorized Amount |
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10,000,000
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Stock Issued During Period, Value, New Issues |
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$ 15,496,864
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2,868,000
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Preferred Stock Value |
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$ 875,572
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$ 875,572
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$ 0
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Series A Preferred Stock [Member] |
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Class of Warrant or Right [Line Items] |
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Conversion of Stock, Shares Issued |
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3,400,017
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Conversion of Stock, Shares Converted |
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51
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Preferred Stock Shares Outstanding |
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17
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17
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0
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Series B Pre-Funded Warrant [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
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$ 0.01
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Warrants Issued To Purchase Common Stock, Shares |
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1,908,021
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1,908,021
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Public Offering Price Per Share Of Shares And Warrants |
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$ 2.12
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Series A Pre-Funded Warrant [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Outstanding |
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3.04
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Public Offering Price Per Share Of Shares And Warrants |
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$ 2.13
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Series Z Convertible Preferred Stock [Member] |
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Class of Warrant or Right [Line Items] |
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Warrants Issued To Purchase Common Stock, Shares |
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492,957
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Preferred Stock Value |
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$ 1,062,000
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Underwritten Offering 2016 [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Shares, New Issues |
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1,871,321
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
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$ 2.13
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Stock Issued During Period, Value, New Issues |
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$ 8,000,000
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Proceeds from Issuance Initial Public Offering |
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$ 7,200,000
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Ladenburg Thalmann [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Shares, New Issues |
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1,378,364
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
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$ 1.50
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Warrants Issued To Purchase Common Stock, Shares |
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5,333,356
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Public Offering Price Per Share Of Shares And Warrants |
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$ 100,000
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Class of Warrant or Right, Number of Securities Called by Each Warrant or Right |
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66,667
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Class Of Warrant Or Right, Expiration Period |
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5 years
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Ladenburg Thalmann [Member] | Series A Preferred Stock [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Shares, New Issues |
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68
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Convertible Preferred Stock, Shares Issued upon Conversion |
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4,533,356
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Number Of Securities Each Preferred Stock Converted |
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66,667
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Ladenburg Thalmann [Member] | Underwritten Offering 2016 [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Value, New Issues |
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$ 9,200,000
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Proceeds from Issuance Initial Public Offering |
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$ 8,300,000
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Private Placement [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
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3,750
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
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$ 28.30
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Warrants and Rights Outstanding |
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$ 61,000
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February 2013 Public Offering [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
[1] |
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38,750
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38,750
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
[1],[2] |
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$ 1.50
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$ 1.50
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Over-Allotment Option [Member] | Series A Pre-Funded Warrant [Member] |
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Class of Warrant or Right [Line Items] |
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Conversion of Stock, Shares Issued |
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492,957
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Over-Allotment Option [Member] | Ladenburg Thalmann [Member] |
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Class of Warrant or Right [Line Items] |
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Warrants Issued To Purchase Common Stock, Shares |
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800,000
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August 2014 Underwritten Offering [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
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9,704
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9,704
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Warrant [Member] |
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Class of Warrant or Right [Line Items] |
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Fair Value Adjustment of Warrants |
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404,000
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Derivative, Loss on Derivative |
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$ 404,150
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Common Stock [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Shares, New Issues |
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3,471,321
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101,727
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
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48,273
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Stock Issued During Period, Value, New Issues |
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$ 35
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$ 1
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Common Stock [Member] | Ladenburg Thalmann [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Shares, New Issues |
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800,000
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Common Stock [Member] | Over-Allotment Option [Member] | Ladenburg Thalmann [Member] |
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Class of Warrant or Right [Line Items] |
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Stock Issued During Period, Shares, New Issues |
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800,000
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Series B warrant [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
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48,273
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
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$ 1.50
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Offering Price Per Share |
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$ 22.00
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Series A Warrants [Member] |
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Class of Warrant or Right [Line Items] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights |
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150,000
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Class of Warrant or Right, Exercise Price of Warrants or Rights |
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$ 28.30
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Warrants Issued To Purchase Common Stock, Shares |
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3,286,385
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Warrants Issued To Purchase Common Stock, Shares |
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3,779,342
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Series A Warrants [Member] | Ladenburg Thalmann [Member] |
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Class of Warrant or Right [Line Items] |
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Public Offering Price Per Share Of Shares And Warrants |
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$ 1.50
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