Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

During the year ended December 31, 2016, and the period from November 24, 2015 through December 31, 2015, the fair value of each option was estimated on the date of grant using the Black-Scholes model that uses the following weighted average assumptions:

	2016			2015
Expected dividend yield		0	%		0	%
Risk-free interest rate		1.5	%		1.7	%
Expected option term		6 years			5.5 years
Volatility		88.3	%		75.4	%
Weighted-average fair value	$	2.66		$	3.46

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

Stock option awards as of December 31, 2016, and changes during the year ended December 31, 2016 were as follows:

					Weighted Average
			Weighted		Remaining
			Average		Contractual Term		Aggregate
	Options		Exercise Price		(Years)		Intrinsic Value
Outstanding, beginning of period		33,336	$	5.40
Granted		567,972		4.12
Exercised		-		-
Forfeited		-		-
Outstanding, end of period		601,308	$	4.19		9.51	$	-
Exercisable, end of period		210,485	$	4.47		9.43	$	-