XML 61 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Common Stock Warrants and Common Stock Warrant Liability (Details Narrative) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Aug. 16, 2016
Dec. 31, 2016
Mar. 31, 2016
Feb. 29, 2016
Jul. 31, 2015
Sep. 30, 2017
Sep. 30, 2017
Sep. 30, 2016
Jun. 30, 2016
Nov. 30, 2015
Sep. 30, 2015
Share price (in dollars per share)   $ 8.15       $ 1.85 $ 1.85        
Fair value adjustment of warrants           $ 30 $ (65) $ (51)      
Minimum [Member]                      
Expected term             3 years        
Maximum [Member]                      
Expected term             3 years 6 months        
Common Stock Warrants [Member]                      
Number of shares purchased           270,400 270,400        
Exercise price (in dollars per share)           $ 7.50 $ 7.50        
Warrant term             5 years        
Description of method used             Monte Carlo option pricing model        
Expected volatility rate, minimum             58.00%        
Expected volatility rate, maximum             76.70%        
Risk free interest rate, minimum             1.31%        
Risk free interest rate, maximum             1.76%        
Common Stock Warrants [Member] | Minimum [Member]                      
Share price (in dollars per share)           7.50 $ 7.50        
Common Stock Warrants [Member] | Maximum [Member]                      
Share price (in dollars per share)           7.575 $ 7.575        
Common Stock Warrant Issued for Marketing and Development Services [Member]                      
Number of shares purchased       100,000              
Exercise price (in dollars per share)       $ 7.50              
Warrant term       5 years              
Description of method used       Black- Scholes option pricing model              
Share price (in dollars per share)       $ 7.57              
Fair value of common stock warrant       $ 431              
Expected volatility rate       77.80%              
Expected term       3 years 9 months              
Expected dividend rate       0.00%              
Risk free interest rate       2.09%              
March 2016 Promissory Notes Common Stock Warrants [Member]                      
Number of shares purchased                 9,032    
Exercise price (in dollars per share)                 $ 7.50    
Warrant term     3 years                
Description of method used     Monte Carlo pricing model                
Share price (in dollars per share)                 $ 7.575    
Expected volatility rate     79.60%                
Risk free interest rate     1.49%                
August 2016 Other Advisory Services [Member]                      
Number of shares purchased 20,000                    
Exercise price (in dollars per share) $ 7.50                    
Warrant term 3 years                    
Common Stock Warrant Issued To Initial Public Offering Underwriter [Member]                      
Number of shares purchased   187,500                  
Exercise price (in dollars per share)   $ 9.60                  
Warrant term   5 years                  
Description of method used   Black- Scholes option pricing model                  
Share price (in dollars per share)   $ 8.00                  
Fair value of common stock warrant   $ 939                  
Expected volatility rate   82.10%                  
Expected term   5 years                  
Expected dividend rate   0.00%                  
Risk free interest rate   1.92%                  
University of Arizona Common Stock Warrant [Member]                      
Number of shares purchased                     15,000
Exercise price (in dollars per share)                     $ 7.50
Warrant term             5 years        
Description of method used             Monte Carlo option pricing model        
Share price (in dollars per share)           $ 7.91 $ 7.91        
Expected volatility rate             77.70%        
Expected dividend rate             0.00%        
Risk free interest rate             1.93%        
Derivative liability           $ 4 $ 4       $ 53
Fair value adjustment of warrants             $ 65        
July 2015 Consulting Agreement Common Stock Warrant [Member]                      
Number of shares purchased         121,227            
Exercise price (in dollars per share)         $ 7.50            
Warrant term         10 years            
Description of method used         Black-Scholes option pricing model            
Share price (in dollars per share)         $ 7.575            
Fair value of common stock warrant         $ 537            
Expected volatility rate         60.90%            
Expected term         6 years 3 months            
Expected dividend rate         0.00%            
Risk free interest rate         2.09%            
Northern Arizona University Common Stock Warrant [Member]                      
Number of shares purchased                   210,526  
Exercise price (in dollars per share)                   $ 15.00