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Note 4 - Liability Attributable to Warrants (Tables)
6 Months Ended
Jun. 30, 2015
Warrants Liability [Abstract]  
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
   

Estimated Volatility

   

Annualized Forfeiture Rate

   

Expected Term (Years)

   

Estimated Exercise Factor

   

Risk-Free Interest Rate

   

Dividends

 

2011 Transaction

                                               

June 30, 2015

    110 %           1.19       3.5       0.37 %      

December 31, 2014

    104 %           1.69       3.5       0.56 %      

2014 Transaction

                                               

June 30, 2015

                                   

December 31, 2014

    114 %           4.08       3.5       1.35 %      

ipCapital

                                               

June 30, 2015

    111 %           1.30       4.0       0.43 %      

December 31, 2014

    105 %           1.81       4.0       0.61 %      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Warrants liability – December 31, 2014 fair value

  $ 647,300  

Change in fair value of warrant liability recorded in other income

    (129,300 )

Change in fair value of warrant liability recorded in general and administrative expense

    (14,300 )

Reclassification of 2014 PIPE Warrant to Equity

    (407,300 )

Warrants liability – June 30, 2015 fair value

  $ 96,400  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
   

For the Three-Month Period Ended June 30, 2015

 
   

Beginning Outstanding

   

Issued

   

Exercised

   

Cancelled / Forfeited

   

Ending Outstanding

 

2011 Transaction

    10,302,500                         10,302,500  

2014 Transaction

    5,650,001                         5,650,001  

Exercise Agreement

    4,500,000                         4,500,000  

ipCapital

    400,000                         400,000  

Consultant Warrant (1)

    169,273                         169,273  

Offer to Exercise

    152,500                         152,500  
      21,174,274                         21,174,274  
   

For the Three-Month Period Ended June 30, 2014

 
   

Beginning Outstanding

   

Issued

   

Exercised

   

Cancelled / Forfeited

   

Ending Outstanding

 

2011 Transaction

    10,302,500                         10,302,500  

2014 Transaction

    5,650,001                         5,650,001  

ipCapital

    400,000                         400,000  

Exercise Agreement

    4,500,000                         4,500,000  

Consultant Warrant (1)

    312,500                   (143,227 )     169,273  

Offer to Exercise

    152,500                         152,500  
      21,317,501                   (143,227 )     21,174,274  
   

For the Six-Month Period Ended June 30, 2015

 
   

Beginning Outstanding

   

Issued

   

Exercised

   

Cancelled / Forfeited

   

Ending Outstanding

 

2011 Transaction

    10,302,500                         10,302,500  

2014 Transaction

    5,650,001                         5,650,001  

Exercise Agreement

    4,500,000                         4,500,000  

ipCapital

    400,000                         400,000  

Consultant Warrant (1)

    169,273                         169,273  

Offer to Exercise

    152,500                         152,500  
      21,174,274                         21,174,274  
   

For the Six-Month Period Ended June 30, 2014

 
   

Beginning Outstanding

   

Issued

   

Exercised

   

Cancelled / Forfeited

   

Ending Outstanding

 

2011 Transaction

    11,302,500             (1,000,000 )           10,302,500  

2014 Transaction

          5,650,001                   5,650,001  

Exercise Agreement

    4,500,000                         4,500,000  

ipCapital

    400,000                         400,000  

Consultant Warrant (1)

    312,500                   (143,227 )     169,273  

Offer to Exercise

    152,500                         152,500  
      16,667,500       5,650,001       (1,000,000 )     (143,227 )     21,174,274