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Financing Arrangements (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Debt Disclosure [Abstract]    
Summary of Debt Outstanding

Following is a summary of debt outstanding:

 

    As of  
    June 30, 2015   December 31, 2014  
    (unaudited)   (audited)  
Notes Payable to Directors and Affiliates   $ 1,348,000   $ 1,350,000  
Convertible Term Loan, due December 2016, interest at 10%   2,300,000   2,300,000  
Series Subordinated Note, due December 2015 Stated interest rate of 12%   499,591   613,808  
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12%   74,486   74,486  
Note Payable, due August 2021, interest 0%   192,000   192,000  
Installment Note Payable — Bank   313,017   252,244  
Total   4,727,094   4,782,538  
Unamortized discount   (20,837 ) (145,835 )
Total debt, net   4,706,257   4,636,703  
Less: current maturities   2,214,257   2,070,217  
Long-term portion   $ 2,492,000   $ 2,566,486  

Following is a summary of debt outstanding:

 

    As of  
    December 31, 2014   December 31, 2013  
Senior Secured Note Payable, due August 2013   $ —   $ 1,562,500  
Secured Convertible Notes, due June through August 2014   —   770,000  
Notes Payable to Directors and Affiliates   1,350,000   2,350,000  
Convertible Notes, due March 2015, interest at 10%   —   575,000  
Convertible Term Loans, due December 2016, interest at 10%   2,300,000   500,000  
Convertible, Subordinated Notes, due March 2012 interest at 6%   —   112,561  
Convertible Subordinated Note, due April 2015 interest at 9%   —   200,000  
Series Subordinated Notes, due April 2015 Stated interest rate of 12%, effective interest of 38%.   613,808   863,808  
Notes Payable, due February 2015, interest at 10%   —   100,000  
Notes Payable, due the earlier of raising $10 million in proceeds from private placements or January 2016, interest between 8.25% and 12%   74,486   —  
Note Payable, due August 2021, interest 0%   192,000   —  
Installment Note Payable — Bank   252,244   137,383  
Total   4,782,538   7,171,252  
Unamortized discount   (145,835 ) (67,327 )
Total debt, net   4,636,703   7,103,925  
Less: current maturities   2,070,217   3,170,672  
Long-term portion   $ 2,566,486   $ 3,933,253  

Schedule of Future Maturities of Long-term Debt

Future maturities of long-term debt at June 30, 2015 are as follows:

 

Six months ending December 31, 2015   $ 2,139,772  
2016   2,374,485  
2017   —  
2018   —  
2019   —  
2020   —  
Thereafter   192,000  
    $ 4,706,257  

Future maturities of long-term debt at December 31, 2014 are as follows:

 

2015   $ 2,070,217  
2016   2,374,486  
2017   —  
2018   —  
2019   —  
Thereafter   192,000  
    $ 4,636,703