XML 54 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 8 - Convertible Preferred Stock and Common Stock Warrants (Details Textual)
1 Months Ended 3 Months Ended 9 Months Ended 10 Months Ended
Mar. 31, 2017
$ / shares
shares
Mar. 31, 2017
USD ($)
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / item
shares
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
$ / shares
$ / item
shares
Sep. 30, 2016
USD ($)
Jan. 07, 2018
USD ($)
Mar. 14, 2017
$ / item
Proceeds from Issuance of Convertible Preferred Stock, Net of Offering Costs         $ 22,129,774    
Warrant Expense     10,225,846    
Dividends         912,946      
Stock Reclassified Upon Conversion of Preferred Stock         $ 187,172      
Make-Whole Provision Conversion Price, Percentage         105.00%      
Fair Value Adjustment of Warrants     $ (8,441,616) $ (18,909,792)    
Maximum [Member]                
Convertible Preferred Stock, Conversion Price | shares     2.02   2.02      
Minimum [Member]                
Financing Trigger from Issuance of Common Stock     $ 10,000,000   $ 10,000,000      
Convertible Preferred Stock, Make-Whole Provision, Proceeds from Issue of Common Stock         10,000,000      
Warrant [Member]                
Warrant Expense     $ 5,800,000   $ 5,800,000      
Class of Warrant or Rights, Expired | shares         13,000      
Private Placement [Member]                
Convertible Preferred Stock, Votes Per Share | $ / item     0.50627   0.50627     0.84874
Private Placement [Member] | Warrant [Member]                
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | shares 1 1            
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares $ 2.22 $ 2.22            
Class of Warrant or Right, Term 5 years              
Warrant Expense         $ 10,200,000      
Series A Preferred Stock [Member]                
Preferred Stock, Shares Authorized | shares     13,750,000   13,750,000      
Proceeds from Issuance of Private Placement         $ 0      
Dividends         $ 912,946    
Conversion of Stock, Shares Converted | shares     2,125,306   4,052,297      
Stock Reclassified Upon Conversion of Preferred Stock     $ 100,000   $ 200,000      
Stock Reclassified Upon Conversion of Preferred Stock, Shares | shares     62,701   88,436      
Fair Value Adjustment of Warrants     $ 8,400,000   $ 8,400,000      
Series A Preferred Stock [Member] | Maximum [Member]                
Convertible Preferred Stock, Make-Whole Provision, Minimum Share Price | $ / shares         $ 8      
Series A Preferred Stock [Member] | Private Placement [Member]                
Proceeds from Issuance of Private Placement   $ 25,000,000            
Number of Convertible Preferred Stock Per Unit | shares 1 1            
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right | shares 1 1            
Preferred Stock, Dividend Rate, Percentage 8.00%              
Number of Common Stock Per Unit | shares 1              
Convertible Preferred Stock, Conversion Price | shares 2.02 2.02            
Temporary Equity, Stock Issued During Period, New Issues | shares   12,376,329            
Proceeds from Issuance of Convertible Preferred Stock, Net of Offering Costs   $ 22,100,000            
Payments of Stock Issuance Costs   $ 2,900,000         $ 2,900,000  
Class of Warrant or Right, Granted During Period | shares   1,179,558            
Dividends     $ 400,000   $ 900,000      
Series B Preferred Stock [Member] | Private Placement [Member] | Placement Agent [Member]                
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares $ 2.22 $ 2.22            
Class of Warrant or Right, Term 5 years              
Class of Warrant or Right, Granted During Period | shares   1,179,558