XML 38 R27.htm IDEA: XBRL DOCUMENT v3.4.0.3
WARRANTS AND EMBEDDED DERIVATIVES (Tables)
3 Months Ended
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of changes in our warrants
    March 31, 2016     December 31, 2015  
    Number of           Number of        
Description   Shares (2)     Liability (2)     Shares     Liability  
                         
Warrants     350,283,333     $ 67,199       305,068,558     $ 54,412  
Embedded derivatives in convertible debt (1)     26,386,904       155       28,068,159       496  
                                 
Total     376,670,237       67,354       333,136,717       54,908  
Less current portion             (67,354 )             (54,908 )
                                 
Long-term portion           $ -             $ -  
Schedule of summary of Fair Value of Warrant Liability
              March 31, 2016     December 31, 2015  
Year of   Year of   Exercise     Number of     Fair Value     Number of     Fair Value  
Issuance   Expiration   Price     Shares     of Liability(2)     Shares     of Liability(2)  
                                   
2015   2022   $ 0.45       246,198,582     $ 48,272       246,198,582     $ 45,718  
2016   2023     0.25       45,214,775       10,080       -       -  
2015   2020     1.01       14,860,382       1,464       14,860,382       1,491  
2014   2019     0.45       10,969,265       1,931       10,969,265       1,887  
2014   2019     1.01       13,185,185       1,806       13,185,185       1,859  
2015   2020     0.21       5,995,453       1,354       5,995,453       1,270  
2014   2019     0.37       6,666,669       1,266       6,666,669       1,171  
2015   2020     0.45       3,842,653       566       3,842,653       552  
2013   2018     0.75       2,006,667       294       2,006,667       299  
2013   2019     0.75       1,000,000       114       1,000,000       114  
2014   2019     0.21       248,236       52       248,236       50  
2015   2016     0.75       66,667       -       66,667       1  
2014   2016     1.49 (1)     28,799       -       28,799       -  
Totals       $ 0.43 (1)     350,283,333     $ 67,199       305,068,558     $ 54,412  
Schedule of Warrants outstanding
    Number of     Warrant  
    Warrants     Liability  
             
Balances, beginning of period     305,068,558     $ 54,412  
Issuance of warrants with January Term Loan     45,214,775       8,571  
Periodic fair value adjustments     -       4,216  
      -          
Balances, end of period     350,283,333     $ 67,199  
Schedule of Fair Value of Embedded Derivatives for Convertible Debt
    Date of   Principal     Conversion     Shares     Derivative  
    Financing   Balance     Price     Issuable     Liability  
                             
Senior Secured Notes:                                    
Former 15% Notes   January 2014   $ 6,857     $ 0.75       9,142,460     $ -  
Former 15% Notes   February 2014     12,100       0.75       16,133,333       125  
Former 15% Notes   February 2014     500       0.45       1,111,111       30  
                                     
Total convertible debt       $ 19,457               26,386,904     $ 155