Borrowing Arrangements (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Notes payable future debt payments

Future debt payments owed under the Fortress Agreement are as follows:

Years ending December 31:
2016	$	6,157,893
2017		4,614,473
Total	$	10,772,366

Schedule of warrant fair value assumptions

The Company estimated the fair value of the warrant to be $153,759, using the Black-Scholes option pricing model. The fair value of the warrant as of November 1, 2014 was estimated using the following assumptions:

Expected volatility	60	%
Risk free rate	1.62	%
Dividend yield	0	%
Expected term (in years)	5.00