XML 57 R43.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note Payable and Term Loan Agreement - Term Loan Agreement and Revenue Interest Agreement (Details) - USD ($)
12 Months Ended
Nov. 12, 2014
Oct. 05, 2012
Dec. 31, 2015
Dec. 31, 2014
Nov. 13, 2014
Debt Instrument [Line Items]          
Shares of common stock sold     29,984,591 19,488,814  
Value of common stock sold     $ 299,846 $ 194,888  
PDL          
Debt Instrument [Line Items]          
Shares of common stock sold 643,382        
Value of common stock sold $ 1,750,000        
Public offering price (in dollars per share) $ 2.72        
Three Peaks          
Debt Instrument [Line Items]          
Shares of common stock sold 1,375,969        
Value of common stock sold $ 3,550,000        
Public offering price (in dollars per share) $ 2.58        
Term Loan | Three Peaks          
Debt Instrument [Line Items]          
Term 6 years        
Interest payable 9.00%        
Face amount $ 25,000,000        
Basis spread on fixed rate, option 1 LIBOR        
Basis spread on fixed rate, option 2 1.00%        
Effective interest rate (as a percent)     10.00% 10.00% 10.00%
Optional future additional borrowing $ 7,000,000        
Upon certain events, the percentage of outstanding principal amount of the Term Loan the Company has the option to prepay and the lender has a right to demand payment for on or prior to the first anniversary of the applicable Closing Date 120.00%        
Upon certain events, the percentage of outstanding principal amount of the Term Loan the Company has the option to prepay and the lender has a right to demand payment for after the first anniversary but before the second anniversary of the applicable Closing Date 135.00%        
Upon certain events, the percentage of outstanding principal amount of the Term Loan the Company has the option to prepay and the lender has a right to demand payment for after the second anniversary but before the third anniversary of the applicable Closing Date 150.00%        
Upon certain events, the internal rate of return of the outstanding principal amount of the Term Loan the Company has the option to prepay and the lender has a right to demand after the third anniversary of the applicable Closing Date 16.25%        
Upon certain events, the additional percentage of the originally advanced Term Loan amount owed 3.00%        
Revenue Interest Purchase Agreement | PDL          
Debt Instrument [Line Items]          
Term   8 years      
Revenue Interest Purchase Agreement | Three Peaks          
Debt Instrument [Line Items]          
Term 10 years   10 years    
Royalty percentage on net revenue 3.75%        
Revenue Interest Purchase Agreement | Three Peaks | Maximum          
Debt Instrument [Line Items]          
Royalty percentage on net revenue 4.80%        
Royalty revenue per year $ 30,000,000