XML 21 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt Financing (Details)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2014
USD ($)
Mar. 31, 2014
EUR (€)
Sep. 30, 2010
USD ($)
Apr. 01, 2009
USD ($)
Mar. 31, 2014
Norwood Secured Loan [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
06/23/2006 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
06/23/2006 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
06/15/2009 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
06/15/2009 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
08/04/2011 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
08/04/2011 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
11/08/2011 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
11/08/2011 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
02/14/2012 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
02/14/2012 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
04/19/2012 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
04/19/2012 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
05/04/2012 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
05/04/2012 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
09/03/2012 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
09/03/2012 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
12/06/2012 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
12/06/2012 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
01/16/2013 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
01/16/2013 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
4/14/2013 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
4/14/2013 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
5/15/2013 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
5/15/2013 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
6/24/2013 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
6/24/2013 [Member]
EUR (€)
Mar. 31, 2014
Eardley Holding A.G. [Member]
08/05/2013 [Member]
USD ($)
Mar. 31, 2014
Eardley Holding A.G. [Member]
08/05/2013 [Member]
EUR (€)
Mar. 31, 2014
Anglo Irish Bank S.A. [Member]
10/21/2007 [Member]
USD ($)
Mar. 31, 2014
Anglo Irish Bank S.A. [Member]
10/21/2007 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
12/10/2007 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
12/10/2007 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
01/22/2008 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
01/22/2008 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
04/25/2008 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
04/25/2008 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
06/30/2008 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
06/30/2008 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
11/18/2008 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
11/18/2008 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
02/09/2009 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
02/09/2009 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
06/15/2009 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
06/15/2009 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
10/13/2009 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
10/13/2009 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
12/18/2009 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
12/18/2009 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
08/04/2011 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
08/04/2011 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
11/08/2011 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
11/08/2011 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
02/10/2012 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
02/10/2012 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
04/19/2012 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
04/19/2012 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
05/04/2012 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
05/04/2012 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
09/03/2012 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
09/03/2012 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
11/14/2012 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
11/14/2012 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
01/16/2013 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
01/16/2013 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
03/25/2013 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
03/25/2013 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
4/14/2013 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
4/14/2013 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
5/15/2013 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
5/15/2013 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
6/24/2013 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
6/24/2013 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
08/05/2013 [Member]
USD ($)
Mar. 31, 2014
Round Enterprises Ltd. [Member]
08/05/2013 [Member]
EUR (€)
Mar. 31, 2014
Von Meyenburg [Member]
08/03/2009 [Member]
USD ($)
Mar. 31, 2014
Von Meyenburg [Member]
08/03/2009 [Member]
EUR (€)
Mar. 31, 2014
Round Enterprises Ltd. and Eardley Holding A.G. [Member]
USD ($)
Short term and long term debt instruments [Line Items]                                                                                                                                                                        
Carrying value of convertible notes   € 38,227                                                                                                                                                                    
Details of the convertible notes loans and contingent liabilities [Abstract]                                                                                                                                                                        
1st-Issue Date             Jun. 23, 2006 [1] Jun. 23, 2006 [1] Jun. 15, 2009 Jun. 15, 2009 Aug. 04, 2011 Aug. 04, 2011 Nov. 08, 2011 Nov. 08, 2011 Feb. 14, 2012 Feb. 14, 2012 Apr. 19, 2012 Apr. 19, 2012 May 04, 2012 May 04, 2012 Sep. 03, 2012 Sep. 03, 2012 Dec. 06, 2012 Dec. 06, 2012 Jan. 16, 2013 Jan. 16, 2013 Apr. 14, 2013 Apr. 14, 2013 May 15, 2013 May 15, 2013 Jun. 24, 2013 Jun. 24, 2013 Aug. 05, 2013 Aug. 05, 2013 Oct. 21, 2007 [2] Oct. 21, 2007 [2]   Dec. 10, 2007 Dec. 10, 2007 Jan. 22, 2008 Jan. 22, 2008 Apr. 25, 2008 Apr. 25, 2008 Jun. 30, 2008 Jun. 30, 2008 Nov. 18, 2008 Nov. 18, 2008 Feb. 09, 2009 Feb. 09, 2009 Jun. 15, 2009 Jun. 15, 2009 Oct. 13, 2009 Oct. 13, 2009 Dec. 18, 2009 Dec. 18, 2009 Aug. 04, 2011 Aug. 04, 2011 Nov. 08, 2011 Nov. 08, 2011 Feb. 10, 2012 Feb. 10, 2012 Apr. 19, 2012 Apr. 19, 2012 May 04, 2012 May 04, 2012 Sep. 03, 2012 Sep. 03, 2012 Nov. 14, 2012 Nov. 14, 2012 Jan. 16, 2013 Jan. 16, 2013 Mar. 25, 2013 Mar. 25, 2013 Apr. 14, 2013 Apr. 14, 2013 May 15, 2013 May 15, 2013 Jun. 24, 2013 Jun. 24, 2013 Aug. 05, 2013 Aug. 05, 2013 Aug. 03, 2009 Aug. 03, 2009  
Total Short Term Principal Amounts   27,506           138 [1]   100   218   100   200   80   120   50   125   60   150   170   60   80   500 [2]     1,500   1,500   2,000   1,500   1,200   1,500   5,500   2,000   2,200   873   400   1,000   322   480   200   500   240   400   600   680   240   320   200  
Duration                [1],[3]    [1],[3]    [3],[4]    [3],[4]    [5],[6]    [5],[6]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [2],[3]    [2],[3]      [3]    [3]    [3]    [3]    [3]    [3]    [3]    [3]    [3]    [3]    [3]    [3]    [3],[4]    [3],[4]    [3]    [3]    [3]    [3]    [5],[6]    [5],[6]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [5]    [3]    [3]  
Interest rate (in hundredths)       5.00%     10.00% [1] 10.00% [1] 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% [2] 10.00% [2]   10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 5.00% 5.00% 5.00% 5.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%  
Conversion Price (stated) (in dollars per share)     $ 0.50 $ 0.80     $ 0.10 [1]   $ 0.80   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.037   $ 0.025   $ 0.018   $ 0.50 [2]     $ 0.50   $ 0.50   $ 0.50   $ 0.50   $ 0.50   $ 0.50   $ 0.80   $ 0.25   $ 0.25   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.034   $ 0.037   $ 0.034   $ 0.037   $ 0.025   $ 0.018   $ 0.80    
Fixed EUR/USD Rate for Conversion Price                 1.4300 1.4300     1.3787 1.3787 1.3260 1.3260 1.3100 1.3100 1.3152 1.3152 1.2576 1.2576 1.3070 1.3070 1.3318 1.3318 1.3056 1.3056 1.2938 1.2938 1.3340 1.3340 1.3283 1.3283 1.4090 [2] 1.4090 [2]   1.4429 1.4429 1.4629 1.4629 1.5889 1.5889 1.5380 1.5380 1.2650 1.2650 1.2940 1.2940 1.4045 1.4045 1.4854 1.4854 1.4338 1.4338     1.3787 1.3787 1.3260 1.3260 1.3100 1.3100 1.3152 1.3152 1.2576 1.2576 1.2718 1.2718 1.3318 1.3318 1.2915 1.2915 1.3056 1.3056 1.2938 1.2938 1.3340 1.3340 1.3283 1.3283 1.4400 1.4400  
Accrued Interest   10,721                                                                                                                                                                    
Total Convertible Notes to Related Parties   38,227                                                                                                                                                                    
Norwood Contingent Liability   236                                                                                                                                                                    
TOTAL LOANS, NOTES AND CONTINGENT LIABILITY   38,463                                                                                                                                                                    
Face Amount 190       2,500 300                                                             1,200                                                                                              
Maturity term extension period 3 months 3 months                                                                                                                                                                    
Debt collateral description                                                                                                   The loan is secured against 2/3rds of the IP assets of Bestewil Holding BV and against all property of the Company. The loan is secured against 2/3rds of the IP assets of Bestewil Holding BV and against all property of the Company.                                                                  
Conversion price reduction percentage (in hundredths)                                                                                                                                                                       10.00%
Conversion feature minimum investment amount                                                                                                                                                                       $ 20,000
[1] Private investment company of Dr. Thomas Staehelin, member of the Board of Directors and of the Audit Committee of the Company. Face value is stated in U.S. dollars at $190.
[2] Renamed Hyposwiss Private Bank Geneve S.A. and acting on behalf of Round Enterprises Ltd. which is a major shareholder.
[3] This maturity date is automatically prolonged for periods of 3 months, unless called for repayment.
[4] The loan is secured against 2/3rds of the IP assets of Bestewil Holding BV and against all property of the Company.
[5] This maturity date is automatically prolonged for periods of three months, unless called for repayment. The conversion price is determined by reducing by 10% the price per share of the Company’s common stock paid by the investors in connection with an investment in the Company of not less than $20,000.
[6] The face values of the loans are stated in U.S. dollars at $1,200 and $300, respectively.