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Note 11 - Warrant Transactions (Tables)
9 Months Ended
Sep. 30, 2014
Warrants [Abstract]  
Schedule of Warrant Summary [Table Text Block]

 

 

 

 

 

 

 

 

 

 

Weighted-average

 

 

 

Balance sheet

 

 

Warrants as of 

 

 

exercise

 

 

 

classification

 

 

September 30,

2014

 

 

December 31,

2013

 

 

price

per share

 

Expiration

 

September 30,

2014

 

December 31,

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Venture Lending & Leasing VI, Inc.

 

 

170,919

 

 

 

255,102

 

 

$

1.96

 

2/28/2024

 

Liability

 

Liability

Venture Lending & Leasing VII, Inc.

 

 

170,919

 

 

 

255,102

 

 

 

1.96

 

2/28/2024

 

Liability

 

Liability

Allen, F. Stephen Series #2

 

 

500,000

 

 

 

500,000

 

 

 

3.55

 

3/21/2016

 

Equity

 

Equity

Allen, F. Stephen Series #3

 

 

500,000

 

 

 

500,000

 

 

 

3.55

 

3/21/2016

 

Equity

 

Equity

Stearns, Robert

 

 

200,000

 

 

 

200,000

 

 

 

3.55

 

3/21/2016

 

Equity

 

Equity

MATT Series #1

 

 

270,576

 

 

 

401,486

 

 

 

2.75

 

9/19/2016

 

Equity

 

Equity

MATT Series #2

 

 

1,000,000

 

 

 

1,000,000

 

 

 

2.75

 

9/19/2016

 

Equity

 

Equity

All warrants

 

 

2,812,414

 

 

 

3,111,690

 

 

 

 

 

 

 

 

 

 

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
   

September 30,

2014

 
         

Risk-free interest rate:

    2.52

%

Expected term (years):

    9.42  

Expected dividend yield:

    -  

Expected volatility:

    86.16

%

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

Warrants

 

Number of

Warrants

 

 

Weighted-

Average

Exercise Price

 

Outstanding at December 31, 2013

 

 

3,111,690

 

 

$

2.61

 

Granted

 

 

-

 

 

 

-

 

Exercised

 

 

(168,366

)

 

 

1.96

 

Forfeited or expired

 

 

(130,910

)

 

 

2.75

 

Outstanding at September 30, 2014

 

 

2,812,414

 

 

$

3.00

 

Exercisable at September 30, 2014

 

 

2,812,414

 

 

$

3.00