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Stock Warrants (Tables)
3 Months Ended
Mar. 31, 2019
Stock Warrants [Abstract]  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
The assumptions used by the Company are summarized in the following table:
 
 
 
Issuance

Date
 
Closing stock price
 
$
0.88
 
Expected dividends
 
 
0
%
Expected volatility
 
 
90
%
Risk free interest rate
 
 
3.01
%
Expected life of warrant (years)
 
 
5.00
 
 
 
The assumptions used by the Company are summarized in the following table:
 
 
 
Series A
 
 
 
December 31,

2018
 
 
December 31,

2017
 
 
November 18,

2016
 
Closing stock price
 
$
0.56
 
 
$
17.85
 
 
$
31.15
 
Expected dividends
 
 
0
%
 
 
0
%
 
 
0
%
Expected volatility
 
 
92.5
%
 
 
80
%
 
 
85
%
Risk free interest rate
 
 
2.50
%
 
 
1.97
%
 
 
1.58
%
Expected life of warrant
 
 
1.9
years
 
 
 
2.9
years
 
 
 
4.0
years
 
 
 
 
 
December 31,

2018
 
 
December 31,

2017
 
 
October 10,

2014
 
Closing stock price
 
$
0.56
 
 
$
17.85
 
 
$
61.25
 
Expected dividends
 
 
0
%
 
 
0
%
 
 
0
%
Expected volatility
 
 
110
%
 
 
80
%
 
 
95
%
Risk free interest rate
 
 
2.60
%
 
 
1.86
%
 
 
1.39
%
Expected life of warrant
 
 
.79
years
 
 
 
1.79
years
 
 
 
5.0
years
 
The assumptions used by the Company are summarized in the following table:
 
 
 
Issuance

Date
 
Closing stock price
 
$
18.55
 
Expected dividends
 
 
0
%
Expected volatility
 
 
85
%
Risk free interest rate
 
 
2.42
%
Expected life of warrant (years)
 
 
4.92
 
Schedule Of Estimated Fair Value Of Warrant Liability
The following table summarizes the estimated fair value of the warrant liability
(in thousands)
:
 
Balance at December 31, 2017
 
$
4,083
 
Change in fair value of warrant liability
 
 
(4,083
)
Balance at December 31, 2018
 
 
-
 
Change in fair value of warrant liability
 
 
-
 
Balance at March 31, 2019
 
$
-
 
Schedule Of Warrant Activity [Table Text Block]
A summary of all warrant activity for the Company for the quarter ended March 31, 2019 and the year ended December 31, 2018 is as follows:
 
 
 
 
Number of

Warrants
 
 
Weighted Average

Exercise Price
 
 
 
 
 
 
 
 
 
Balance at December 31, 2017
 
 
 
915,138
 
 
$
52.50
 
Granted
 
 
 
18,000,713
 
 
 
1.38
 
Exercised
 
 
 
-
 
 
 
-
 
Forfeited
 
 
 
-
 
 
 
-
 
Balance at December 31, 2018
 
 
 
18,915,851
 
 
 
3.85
 
Granted
 
 
 
-
 
 
 
-
 
Exercised
 
 
 
-
 
 
 
-
 
Forfeited
 
 
 
-
 
 
 
-
 
Balance at March 31, 2019
 
 
 
18,915,851
 
 
$
3.85
 
Schedule Of Warrant Outstanding and Exercisable [Table Text Block]
A summary of all outstanding and exercisable warrants as of March 31, 2019 is as follows:
 
Exercise Price
 
 
Warrants

Outstanding
 
 
Warrants

Exercisable
 
 
Weighted Average

Remaining

Contractual Life
 
$
1.38
 
 
 
17,999,999
 
 
 
17,999,999
 
 
 
4.54
years
 
 
18.20
 
 
 
714
 
 
 
714
 
 
 
3.74
years
 
 
50.05
 
 
 
714,286
 
 
 
714,286
 
 
 
1.64
years
 
 
61.25
 
 
 
200,852
 
 
 
200,852
 
 
 
0.53
years
 
$
3.85
 
 
 
18,915,851
 
 
 
18,915,851
 
 
 
4.38
years