Convertible Notes Derivative Liability (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques

The inputs into the valuation model are as follows:

	December 31, 2016
Closing share price	$15.61
Conversion price	$7.10
Risk free rate	1.76%
Expected volatility	40%
Dividend yield	—%
Expected life	3.5 years