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Debt (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
 
 
March 31
 
December 31
 
 
 
2015
 
2014
 
 
 
 
 
 
 
 
 
Term loan
 
$
2,943,086
 
$
3,067,442
 
Revolving line of credit
 
 
500,000
 
 
500,000
 
Obligation for acquisition of technology license, net
 
 
680,654
 
 
677,248
 
 
 
 
4,123,740
 
 
4,244,690
 
Less current maturities
 
 
697,423
 
 
697,423
 
Total long-term debt
 
$
3,426,317
 
$
3,547,267
 
Schedule of Maturities of Long-term Debt [Table Text Block]
Principal maturities of debt at March 31, 2015 are as follows:
 
Twelve months ending March 31,
 
 
 
 
2016
 
$
697,423
 
2017
 
 
3,195,663
 
2018
 
 
230,654
 
2019
 
 
-
 
2020
 
 
-
 
Thereafter
 
 
-
 
 
 
$
4,123,740