XML 46 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 6 - Debt (Details Textual) - USD ($)
4 Months Ended 12 Months Ended 16 Months Ended
Aug. 09, 2017
Jan. 06, 2017
Apr. 19, 2017
Dec. 31, 2017
Dec. 31, 2016
Apr. 19, 2017
Proceeds from Convertible Debt           $ 2,346,000
Proceeds from Convertible Debt, Related Parties       $ 108,300 $ 480,000 $ 588,300
Interest Expense, Debt       1,164,897 95,125  
Proceeds from Notes Payable       2,000,000  
Convertible Notes Payable [Member]            
Debt Instrument, Interest Rate, Stated Percentage     8.00%     8.00%
Debt Instrument, Convertible, Conversion Price     $ 7.84     $ 7.84
Debt Conversion, Converted Instrument, Shares Issued     250,681      
Interest Expense, Debt     $ 623,908      
Minimum [Member] | Convertible Notes Payable [Member]            
Debt Instrument, Face Amount     5,000     $ 5,000
Maximum [Member] | Convertible Notes Payable [Member]            
Debt Instrument, Face Amount     $ 250,000     $ 250,000
Warrants Issued in Connection with Term Loan Facility [Member]            
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 58,502          
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 6.41          
Class of Warrant or Right, Term 10 years          
Warrants and Rights Outstanding $ 304,201          
Dipexium [Member]            
Debt Instrument, Interest Rate, Stated Percentage   8.00%        
Proceeds from Notes Payable   $ 2,000,000        
Debt Instrument, Period Following Termination of Merger Agreement in Determination of Maturity Date   270 days        
Term Loan Facility [Member] | Silicon Valley Bank (SVB) [Member]            
Debt Instrument, Face Amount 7,500,000     $ 7,500,000    
Debt Instrument, Unused Borrowing Capacity, Amount 7,500,000          
Debt Instrument, Minimum Net New Capital Obtained $ 20,000,000          
Debt Instrument, Interest Rate, Effective Percentage       8.50%    
Number of Monthly Interest Only Payments Installments 18          
Number of Monthly Installments 24          
Debt Instrument, Prepayment Fee, Within One Year, Percentage 3.00%          
Debt Instrument, Prepayment Fee, During Year Two, Percentage 2.00%          
Debt Instrument, Prepayment Fee, After Year Two, Percentage 1.00%          
Debt Instrument, Final Payment Fee, Percentage 8.00%          
Debt Instrument, Default Interest Rate Percent Above Effective Percentage 5.00%          
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net       $ 557,849    
Term Loan Facility [Member] | Silicon Valley Bank (SVB) [Member] | Prime Rate [Member]            
Debt Instrument, Basis Spread on Variable Rate 4.00%