XML 61 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Common Stock Warrants and Common Stock Warrant Liability (Details Textual) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Dec. 31, 2016
Mar. 31, 2016
Feb. 29, 2016
Jul. 31, 2015
Mar. 31, 2017
Mar. 31, 2016
Aug. 16, 2016
Nov. 30, 2015
Jun. 30, 2015
Share Price $ 8.15       $ 7.91        
Fair Value Adjustment of Warrants         $ (9) $ 2      
Common Stock Warrant Issued for Marketing and Development Services [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights     100,000            
Class of Warrant or Right, Exercise Price of Warrants or Rights     $ 7.50            
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used     Black- Scholes option pricing model            
Share Price     $ 7.57            
Warrants Not Settleable in Cash, Fair Value Disclosure     $ 431            
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate     77.80%            
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term     3 years 9 months            
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate     0.00%            
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate     2.09%            
Common Stock Warrant Issued To Initial Public Offering Underwriter [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights 100,000                
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 9.60                
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used Black- Scholes option pricing model                
Share Price $ 8.00                
Warrants Not Settleable in Cash, Fair Value Disclosure $ 939                
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate 82.10%                
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term 5 years                
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate 0.00%                
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate 1.92%                
March 2016 Promissory Notes Common Stock Warrants [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights   9,032       9,032      
Class of Warrant or Right, Exercise Price of Warrants or Rights   $ 7.50       $ 7.50      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used   Monte Carlo pricing model              
Share Price   $ 7.575       $ 7.575      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate   79.60%              
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate   1.49%              
July 2015 Consulting Agreement Common Stock Warrant [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights       121,227          
Class of Warrant or Right, Exercise Price of Warrants or Rights       $ 7.50          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used       Black-Scholes option pricing model          
Share Price       $ 7.575          
Warrants Not Settleable in Cash, Fair Value Disclosure       $ 537          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate       60.90%          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term       6 years 3 months          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate       0.00%          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate       2.09%          
University of Arizona Common Stock Warrant [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights                 15,000
Class of Warrant or Right, Exercise Price of Warrants or Rights                 $ 7.50
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used         Monte Carlo option pricing model        
Share Price         $ 7.91        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate         77.70%        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate         0.00%        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate         1.93%        
Derivative Liability         $ 61       $ 53
Fair Value Adjustment of Warrants         $ 9        
Common Stock Warrants [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights         270,400        
Class of Warrant or Right, Exercise Price of Warrants or Rights         $ 7.50        
Class Of Warrant Or Right, Terms         5 years        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Method Used         Monte Carlo option pricing model        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum         58.00%        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum         76.70%        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum         1.31%        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum         1.76%        
Common Stock Warrants [Member] | Maximum [Member]                  
Share Price         $ 7.575        
Common Stock Warrants [Member] | Minimum [Member]                  
Share Price         $ 7.50        
Other Advisory Services Warrants [Member]                  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 7.50                
Promissory Notes Warrants [Member]                  
Class of Warrant or Right, Exercise Price of Warrants or Rights 7.50                
Initial Public Offering Underwriter Warrants [Member]                  
Class of Warrant or Right, Exercise Price of Warrants or Rights 9.60                
Marketing and Development Services Warrants [Member]                  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 7.50                
August 2016 Other Advisory Services [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights             20,000    
Class of Warrant or Right, Exercise Price of Warrants or Rights             $ 7.50    
Northern Arizona University Common Stock Warrant [Member]                  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights               210,526  
Class of Warrant or Right, Exercise Price of Warrants or Rights               $ 15.00