Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Summary of Fair Value Measured on Recurring Basis

The financial instrument that is measured at fair value on a recurring basis is summarized as follows as of March 31, 2016:

Liabilities	Level 1		Level 2		Level 3		March 31, 2016
Derivative liability - embedded conversion feature	$	—	$	—	$	64,973	$	64,973

The financial instrument that is measured at fair value on a recurring basis is summarized as follows as of December 31, 2015:

Liabilities	Level 1		Level 2		Level 3		December 31, 2015
Derivative liability - embedded conversion feature	$	—	$	—	$	120,848	$	120,848

Summary of Change in Level 3 Liability Measured at Fair Value on Recurring Basis

The following table shows the change in Level 3 liability measured at fair value on a recurring basis for the year ended December 31, 2015 and the three months ended March 31, 2016:

	Derivative liability embedded conversion feature
Balance, January 1, 2015	$	—
Issuance during 2015		66,227
Unrealized loss on change in fair value		54,621
Balance, December 31, 2015		120,848
Issuance during 2016		—
Unrealized (gain) on change in fair value		(55,875	)
Balance, March 31, 2016	$	64,973