XML 45 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 8 - Convertible Debt (PIK Notes) (Tables)
 12 Months Ended
Dec. 31, 2016
Notes Tables  
Convertible Debt [Table Text Block]
 
 
Series 2023 Notes
 
 
Series A Notes
 
 
Total
 
PIK Note Payable, Gross
   $
14,071,008
     $
24,125,958
     $
38,196,966
  
Less: Discount
    
(1,721,898
)
    
(13,421,225
)
    
(15,143,123
)
Less: Deferred Financing Cost    
(5,064
 )    
(8,686
 )    
(13,750
 )
PIK Note Payable, Net
   $
12,344,046
     $
10,696,047
     $
23,040,093
  
                         
PIK Note Derivative Liability
   $
142,909
     $
2,033,643
     $
2,176,552
  
 
 
Series 2023 Notes
 
 
Series A Notes
 
 
Total
 
PIK Note Payable, Gross
   $
12,762,816
     $
21,882,955
     $
34,645,771
  
Less: Discount
    
(1,854,894
)
    
(15,717,991
)
    
(17,572,885
)
Less: Deferred Financing Cost    
(7,828
 )    
(13,422
 )    
(21,250
 )
PIK Note Payable, Net
   $
10,900,094
     $
6,151,542
     $
17,051,636
  
                         
PIK Note Derivative Liability
   $
262,764
     $
4,876,093
     $
5,138,857