XML 40 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Loan facility (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Loan Facility
     AMOUNT  

BALANCE - January 1, 2013

   $ —     

Bank loan cash received - October 30, 2013

     2,500,000   

Warrant discount

     (226,255

Financing costs

     12,744   
  

 

 

 

BALANCE - December 31, 2013

  2,286,489   

Accrued interest

  9,844   

Accretion of warrant discount

  213,511   

Repayment fee and penalty

  100,000   

Repayment of bank loan and interest

  (2,609,844
  

 

 

 

BALANCE - December 31, 2014

$ —     
  

 

 

 
Summary of Bank Loan Facility
     DECEMBER 31,
2014
     DECEMBER 31,
2013
 

Short-term portion of bank loan

   $ —         $ 250,000   

Long-term portion of bank loan

     —           2,036,489   
  

 

 

    

 

 

 
$ —      $ 2,286,489