Note 6 - Convertible Debt

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Debt Disclosure [Text Block]

6. Convertible Debt

The following table provides the details of the convertible debt outstanding at

June 

30,

2017

and

December 31, 2016:

Note	Issue Date	Maturity Date	Conversion Price		Interest Rate			Total Principal
2016 Convertible Notes	9/27/2016	9/27/2017	$	3.50		6.00	%	$	1,880,000
Series B Note	3/15/2011	6/30/2018	$	2.74		1.00	%		550,000
Total principal amount								$	2,430,000

The accrued interest related to the Company’s Series B Convertible Note and

2016

Convertible Notes are included within accrued expenses and other current liabilities within the unaudited condensed consolidated balance sheets. As of

June 

30,

2017,

the Company had accrued interest of approximately

$120,000.