CONDENSED STATEMENT OF STOCKHOLDERS' DEFICIT - 6 months ended Jun. 30, 2016 - USD ($) |
Settlement of Series C Preferred Stock and Accrued Dividends [Member[
Series C Preferred Stock [Member]
Common Stock [Member]
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Settlement of Series C Preferred Stock and Accrued Dividends [Member[
Series C Preferred Stock [Member]
Additional Paid-in Capital [Member]
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Settlement of Series C Preferred Stock and Accrued Dividends [Member[
Series C Preferred Stock [Member]
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Embedded Derivative Financial Instruments [Member]
Series C Preferred Stock [Member]
Additional Paid-in Capital [Member]
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Embedded Derivative Financial Instruments [Member]
Series C Preferred Stock [Member]
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Series C Preferred Stock [Member]
Common Stock [Member]
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Series C Preferred Stock [Member]
Additional Paid-in Capital [Member]
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Series C Preferred Stock [Member] |
Preferred Stock [Member] |
Common Stock [Member] |
Additional Paid-in Capital [Member] |
Retained Earnings [Member] |
Total |
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Balance at Dec. 31, 2015 | $ 0 | $ 16,825,703 | $ 29,314,399 | $ (32,241,856) | $ (2,910,631) | ||||||||
Balance (in Shares) at Dec. 31, 2015 | 0 | 16,826 | 16,825,703 | ||||||||||
Sale of common stock | $ 1,833,488 | 2,521,953 | $ 2,523,787 | ||||||||||
Sale of common stock (in Shares) | 1,834 | 1,833,488 | |||||||||||
Common stock issued for services | $ 1,335,000 | 2,469,715 | $ 2,471,050 | ||||||||||
Common stock issued for services (in Shares) | 1,335 | ||||||||||||
Common stock issued upon conversion of preferred stock and accrued dividends | $ 53,331 | $ 84,302 | $ 84,355 | $ 254,001 | $ 380,746 | $ 381,000 | |||||||
Common stock issued upon conversion of preferred stock and accrued dividends (in Shares) | 53 | 254 | |||||||||||
Reclassify fair value of derivative liability to equity upon conversion of Series C Preferred Stock to common shares | $ 97,897 | $ 97,897 | 97,897 | ||||||||||
Stock based compensation | $ 175,000 | 2,670,546 | 2,670,721 | ||||||||||
Stock based compensation (in Shares) | 175 | ||||||||||||
Preferred Stock dividend | (60,741) | (60,741) | |||||||||||
Net loss | (8,675,255) | (8,675,255) | |||||||||||
Balance at Jun. 30, 2016 | $ 20,476,523 | $ 37,478,817 | $ (40,917,111) | $ (3,417,817) | |||||||||
Balance (in Shares) at Jun. 30, 2016 | 20,477 | 20,476,523 |
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of the liability for the conversion option reclassified to stockholders' equity when the embedded option no longer required separation from the host instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares issued during the period as a result of the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. 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 Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The gross value of stock issued during the period upon the conversion of convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders. No definition available.
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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 Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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