Deferred Debt Discount and Other (Details) - USD ($) |
3 Months Ended | 12 Months Ended | |
---|---|---|---|
Mar. 31, 2016 |
Mar. 31, 2015 |
Dec. 31, 2015 |
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Deferred Debt Discount and Other details | |||
The Company recorded a deferred debt discount in the amount | $ 1,000,000 | $ 2,067,500 | |
Company valued the beneficial conversion feature and recorded the amount | 724,280 | 1,916,501 | |
Company valued the beneficial conversion feature as an addition to paid-in capital | 686,813 | 1,773,078 | |
The relative fair value of the warrants was calculated and recorded | 37,468 | 143,423 | |
Amortization of debt discounts | $ 441,931 | $ 518,900 | $ 1,866,842 |
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. No definition available.
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- Definition Company valued the beneficial conversion feature and recorded the amount No definition available.
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- Definition Company valued the beneficial conversion feature as an addition to paid-in capital No definition available.
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- References No definition available.
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- Definition The Company recorded a deferred debt discount in the amount No definition available.
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X | ||||||||||
- Definition Company valued the beneficial conversion feature and recorded the amount No definition available.
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