Note 5 - Convertible Debt (PIK Notes) (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

Convertible Debt [Table Text Block]

	Series 2023 Notes			Series A Notes			Total
PIK Note Payable, Gross	$	14,774,562		$	25,389,535		$	40,164,097
Less: Unamortized Discount		(1,640,179	)		(11,225,890	)		(12,866,069	)
Less: Unamortized Deferred Financing Cost		(3,682	)		(6,318	)		(10,000	)
PIK Note Payable, Net	$	13,130,701		$	14,157,327		$	27,288,028
PIK Note Derivative Liability	$	46,170		$	518,579		$	564,749

	Series 2023 Notes			Series A Notes			Total
PIK Note Payable, Gross	$	14,071,008		$	24,125,958		$	38,196,966
Less: Unamortized Discount		(1,721,898	)		(13,421,225	)		(15,143,123	)
Less: Unamortized 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