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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Schedule Of Acquisition Costs [Table Text Block]
These costs are included in operating expenses as follows:
 
 
Consulting expenses
 
$
274,000
 
Professional fees
 
 
225,000
 
General and administrative expenses
 
 
29,000
 
Total acquisition costs
 
$
528,000
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
The following table represents the allocation of the purchase consideration to the assets acquired and liabilities assumed on February 8, 2012. It has been revised to reflect an immaterial measurement period change (See Note 11):
 
 
 
Estimated Fair Value
Purchase Consideration:
 
 
  
 
Series E Preferred Stock
 
$
18,760,610
 
Contingent Consideration
 
 
11,109,020
 
Replacement Warrants
 
 
1,883,751
 
Total Consideration
 
$
31,753,381
 
Tangible Assets Acquired:
 
 
  
 
Cash
 
$
24,563
 
Receivables
 
 
35,394
 
Property and equipment
 
 
772,486
 
Other
 
 
87,391
 
Identifiable Intangible Assets Acquired:
 
 
  
 
IPR&D Technology
 
 
29,585,000
 
Trademarks and Tradename
 
 
1,990,000
 
Liabilities Assumed:
 
 
  
 
Accounts Payable and Accrued Expenses
 
 
(1,044,530
Other
 
 
(118,617
Goodwill
 
 
421,694
 
  
 
$
31,753,381