Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2015 | Aug. 13, 2015 | |
Document Information [Line Items] | ||
Entity Registrant Name | CLEARSIGN COMBUSTION CORP | |
Entity Central Index Key | 1,434,524 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Smaller Reporting Company | |
Trading Symbol | CLIR | |
Entity Common Stock, Shares Outstanding | 12,811,218 | |
Document Type | 10-Q | |
Amendment Flag | false | |
Document Period End Date | Jun. 30, 2015 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2,015 |
Condensed Balance Sheets
Condensed Balance Sheets - USD ($) | Jun. 30, 2015 | Dec. 31, 2014 |
Current Assets: | ||
Cash and cash equivalents | $ 14,606,000 | $ 1,845,000 |
Prepaid expenses | 254,000 | 109,000 |
Total current assets | 14,860,000 | 1,954,000 |
Fixed assets, net | 186,000 | 263,000 |
Patents and other intangible assets, net | 2,973,000 | 2,372,000 |
Other assets | 10,000 | 10,000 |
Total Assets | 18,029,000 | 4,599,000 |
Current Liabilities: | ||
Accounts payable | 427,000 | 253,000 |
Accrued compensation and taxes | 832,000 | 982,000 |
Total current liabilities | 1,259,000 | 1,235,000 |
Long Term Liabilities: | ||
Long-term accrued compensation and taxes | 182,000 | 372,000 |
Deferred rent | 27,000 | 33,000 |
Total liabilities | $ 1,468,000 | $ 1,640,000 |
Commitments | ||
Stockholders' Equity: | ||
Preferred stock, $0.0001 par value, zero shares issued and outstanding | $ 0 | $ 0 |
Common stock, $0.0001 par value, 12,811,218 and 9,681,476 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively | 1,000 | 1,000 |
Additional paid-in capital | 41,199,000 | 24,218,000 |
Accumulated deficit | (24,639,000) | (21,260,000) |
Total stockholders' equity | 16,561,000 | 2,959,000 |
Total Liabilities and Stockholders' Equity | $ 18,029,000 | $ 4,599,000 |
Condensed Balance Sheets _Paren
Condensed Balance Sheets [Parenthetical] - $ / shares | Jun. 30, 2015 | Dec. 31, 2014 |
Preferred stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Common stock, shares issued | 12,811,218 | 9,681,476 |
Common stock, shares outstanding | 12,811,218 | 9,681,476 |
Condensed Statements of Operati
Condensed Statements of Operations - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Operating expenses: | ||||
Research and development | $ 714,000 | $ 556,000 | $ 1,287,000 | $ 1,163,000 |
General and administrative | 1,096,000 | 1,072,000 | 2,115,000 | 2,113,000 |
Total operating expenses | 1,810,000 | 1,628,000 | 3,402,000 | 3,276,000 |
Loss from operations | (1,810,000) | (1,628,000) | (3,402,000) | (3,276,000) |
Other income: | ||||
Interest income | 14,000 | 2,000 | 23,000 | 3,000 |
Net Loss | $ (1,796,000) | $ (1,626,000) | $ (3,379,000) | $ (3,273,000) |
Net Loss per share - basic and fully diluted (in dollars per share) | $ (0.14) | $ (0.17) | $ (0.28) | $ (0.35) |
Weighted average number of shares outstanding - basic and fully diluted (in shares) | 12,799,666 | 9,631,972 | 12,085,478 | 9,347,647 |
Condensed Statement of Stockhol
Condensed Statement of Stockholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit [Member] |
Balances at Dec. 31, 2014 | $ 2,959,000 | $ 1,000 | $ 24,218,000 | $ (21,260,000) |
Balances (in shares) at Dec. 31, 2014 | 9,681,476 | |||
Shares issued in underwritten offering ($5.85 per share) | 17,491,000 | $ 0 | 17,491,000 | 0 |
Shares issued in underwritten offering ($5.85 per share) (in shares) | 2,990,000 | |||
Issuance costs of underwritten offering | (1,212,000) | $ 0 | (1,212,000) | 0 |
Issuance costs of underwritten offering (in shares) | 0 | |||
Shares issued for services ($5.97 per share) | 62,000 | $ 0 | 62,000 | 0 |
Shares issued for services ($5.97 per share) (in shares) | 10,470 | |||
Shares issued upon exercise of options ($2.20 per share) | 284,000 | $ 0 | 284,000 | 0 |
Shares issued upon exercise of options ($2.20 per share) (in shares) | 129,062 | |||
Shares issued upon exercise of options ($4.88 per share) | 1,000 | $ 0 | 1,000 | 0 |
Shares issued upon exercise of options ($4.88 per share) (in shares) | 210 | |||
Share based compensation | 355,000 | $ 0 | 355,000 | 0 |
Share based compensation (in shares) | 0 | |||
Net loss | (3,379,000) | $ 0 | 0 | (3,379,000) |
Balances at Jun. 30, 2015 | $ 16,561,000 | $ 1,000 | $ 41,199,000 | $ (24,639,000) |
Balances (in shares) at Jun. 30, 2015 | 12,811,218 |
Condensed Statement of Stockho6
Condensed Statement of Stockholders' Equity [Parenthetical] | 6 Months Ended |
Jun. 30, 2015$ / shares | |
Stock issued during the period underwritten offering per share | $ 5.85 |
Common stock for services per share issue | 5.97 |
Stock issued during period par value exercise of options | 2.20 |
Stock issued during period par value exercise of options one | $ 4.88 |
Condensed Statements of Cash Fl
Condensed Statements of Cash Flows - Equity Component [Domain] - USD ($) | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
Cash flows from operating activities: | ||
Net loss | $ (3,379,000) | $ (3,273,000) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Common stock issued for services | 62,000 | 111,000 |
Share based payments | 355,000 | 162,000 |
Depreciation and amortization | 112,000 | 119,000 |
Abandonment of capitalized intangible assets | 5,000 | 8,000 |
Deferred rent | (6,000) | 7,000 |
Change in operating assets and liabilities: | ||
Prepaid expenses | (145,000) | (94,000) |
Accounts payable | 174,000 | (81,000) |
Accrued compensation | (340,000) | (70,000) |
Net cash used in operating activities | (3,162,000) | (3,111,000) |
Cash flows from investing activities: | ||
Acquisition of fixed assets | (30,000) | (63,000) |
Disbursements for patents and other intangible assets | (611,000) | (579,000) |
Net cash used in investing activities | (641,000) | (642,000) |
Cash flows from financing activities: | ||
Proceeds from issuance of common stock for cash, net of offering costs | 16,279,000 | 5,796,000 |
Proceeds from exercise of stock options | 285,000 | 0 |
Net cash provided by financing activities | 16,564,000 | 5,796,000 |
Net increase in cash and cash equivalents | 12,761,000 | 2,043,000 |
Cash and cash equivalents, beginning of period | 1,845,000 | 2,688,000 |
Cash and cash equivalents, end of period | $ 14,606,000 | $ 4,731,000 |
Supplemental disclosure of non-
Supplemental disclosure of non-cash operating and financing activities: - USD ($) | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
May 2015 [Member] | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 10,500 | |
Shares Issued, Price Per Share | $ 4.88 | |
Sale of Stock, Price Per Share | $ 4.98 | |
Stock Issued During Period, Shares, Other | 210 | |
Common Stock Offering [Member] | ||
Warrants Authorized For Issuance To Acquire Common Stock Shares Number | 20,313 | |
Warrants Authorized For Issuance To Acquire Common Stock Value | $ 92,000 |
Organization and Description of
Organization and Description of Business | 6 Months Ended |
Jun. 30, 2015 | |
Accounting Policies [Abstract] | |
Organization, Consolidation, Basis Of Presentation, Business Description and Accounting Policies [Text Block] | Note 1 Organization and Description of Business ClearSign Combustion Corporation (ClearSign or the Company) designs, develops and markets technologies for the purpose of improving key performance characteristics of combustion systems, including emission and operational performance, energy efficiency and overall cost-effectiveness. The Company’s primary technologies include its Duplex technology, which achieves very low emissions without the need of external flue gas recirculation, selective catalytic reduction, or higher excess air operation, and its Electrodynamic Combustion Control or ECC technology, which introduces a computer-controlled electric field into the combustion region which may better control gas-phase chemical reactions and improve system performance and cost-effectiveness. The Company is located in Seattle, Washington and was incorporated in the State of Washington in 2008. The Company has generated limited revenues from operations to date to meet its operating expenses, and has historically financed its operations primarily through issuances of equity securities. The Company has incurred losses since its inception totaling $ 24,639,000 |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2015 | |
Accounting Policies [Abstract] | |
Significant Accounting Policies [Text Block] | Note 2 Summary of Significant Accounting Policies The accompanying unaudited condensed financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission for Form 10-Q. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. The condensed balance sheet at December 31, 2014 has been derived from the Company’s audited financial statements. In the opinion of management, these financial statements reflect all normal recurring and other adjustments necessary for a fair presentation. These financial statements should be read in conjunction with the audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014. Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year or any other future periods. The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company recognizes revenue on co-development agreements using the percentage of completion method. Under this method, the completion percentage is determined by dividing costs incurred to date by total estimated project costs. Since these projects will require technological development to complete, which by its nature is difficult to predict, the actual cost required to complete contracted work may vary from estimates. Recognized revenues are subject to revisions as the contract progresses to completion and actual revenue and cost become certain. Revisions in revenue estimates are reflected in the period in which the facts that give rise to the revision become known. There were no revenues for the six months . Cost of co-development revenue includes both direct and allocated indirect costs of completing the scope of work of co-development agreements. Direct costs include labor, materials and other costs incurred directly in fulfilling co-development agreements. Indirect costs include labor, rent, depreciation and other costs associated with operating the Company. Due to the nature of the work involved, the cost of co-development projects may fluctuate substantially from period to period. Highly liquid investments purchased with an original maturity of three months or less are considered cash equivalents. Cash is maintained with a commercial bank where accounts are generally guaranteed by the Federal Deposit Insurance Corporation up to $ 250,000 Fixed assets are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the respective assets. Leasehold improvements are depreciated over the life of the lease or their useful life, whichever is shorter. All other fixed assets are depreciated over two to four years Patents and trademarks are recorded at cost. Amortization is computed using the straight-line method over the estimated useful lives of the assets once they are issued. The Company tests long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair values are reduced for the cost of disposal. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities measured at fair value are categorized based on whether or not the inputs are observable in the market and the degree that the inputs are observable. The categorization of financial assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company's financial instruments primarily consist of cash and cash equivalents, accounts payable and accrued expenses. As of the balance sheet dates, the estimated fair values of the financial instruments were not materially different from their carrying values as presented on the balance sheets. This is primarily attributed to the short maturities of these instruments. The Company did not identify any other non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value. The cost of research and development is expensed as incurred. Research and development costs consist of salaries, benefits, share based compensation, consulting fees, rent, utilities, depreciation, and consumables used in laboratory and field testing. Operating lease agreements which contain provisions for future rent increases or periods in which rent payments are reduced or abated are recorded in monthly rent expense in the amount of the total payments over the lease term divided by the number of months of the lease term. The difference between rent expense recorded and the amount paid is credited or charged to deferred rent which is reflected on the accompanying balance sheets. The Company accounts for income taxes using an asset and liability approach which allows for the recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain. Tax benefits from an uncertain tax position are recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate resolution. Stock-Based Compensation The costs of all employee stock options, as well as other equity-based compensation arrangements, are reflected in the financial statements based on the estimated fair value of the awards on the grant date. That cost is recognized over the period during which an employee is required to provide service in exchange for the award. Stock compensation for stock granted to non-employees is determined as the fair value of the consideration received or the fair value of equity instruments issued, whichever is more reliably measured. Basic loss per share is computed by dividing loss available to common stockholders by the weighted-average number of common shares outstanding. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include additional common shares available upon exercise of stock options and warrants using the treasury stock method, except for periods for which no common share equivalents are included because their effect would be anti-dilutive. At June 30, 2015 and 2014, potentially dilutive shares outstanding amounted to 1,392,352 1,249,582 Management does not believe that any recently issued, but not yet effective standards, if adopted, will have a material effect on the financial statements. The Company is an emerging growth company as defined under the Jumpstart Our Business Startups Act of 2012 (JOBS Act). An emerging growth company may delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company will remain an emerging growth company until December 31, 2017, although it will lose that status sooner if its revenues exceed $ 1 1 700 61 |
Fixed Assets
Fixed Assets | 6 Months Ended |
Jun. 30, 2015 | |
Property, Plant and Equipment [Abstract] | |
Property, Plant and Equipment Disclosure [Text Block] | Note 3 Fixed Assets June 30, December 31, 2015 2014 (unaudited) Machinery and equipment $ 647,000 $ 646,000 Office furniture and equipment 121,000 98,000 Leasehold improvements 130,000 124,000 Accumulated depreciation (712,000) (605,000) $ 186,000 $ 263,000 |
Patents and Other Intangible As
Patents and Other Intangible Assets | 6 Months Ended |
Jun. 30, 2015 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Intangible Assets Disclosure [Text Block] | Note 4 Patents and Other Intangible Assets June 30, December 31, 2015 2014 (unaudited) Patents Patents pending $ 2,867,000 $ 2,262,000 Issued patents 67,000 67,000 2,934,000 2,329,000 Trademarks Trademarks pending 15,000 36,000 Registered trademarks 22,000 - 37,000 36,000 Other 8,000 8,000 2,979,000 2,373,000 Accumulated amortization (6,000) (1,000) $ 2,973,000 $ 2,372,000 2015 $ 4,000 2016 9,000 2017 9,000 2018 9,000 2019 9,000 Thereafter 43,000 $ 83,000 During the three and six months ended June 30, 2015 and 2014, the Company recorded an impairment loss of $ 5,000 5,000 0 8,000 |
Termination of Employment Agree
Termination of Employment Agreement | 6 Months Ended |
Jun. 30, 2015 | |
Employment Agreement Termination [Abstract] | |
Termination of Employment Agreement Disclosure [Text Block] | Note 5 Termination of Employment Agreement The Company and its former Chief Executive Officer, Richard F. Rutkowski, entered into an agreement in December 2014 terminating a prior employment agreement. Under this agreement, Mr. Rutkowski will be paid his annual salary of $ 359,000 60,000 15,625 4.88 14,219 9.90 The liability incurred under this agreement totaled $ 943,000 576,000 |
Stockholders' Equity
Stockholders' Equity | 6 Months Ended |
Jun. 30, 2015 | |
Stockholders' Equity Note [Abstract] | |
Stockholders' Equity Note Disclosure [Text Block] | Note 6 Stockholders’ Equity Common Stock and Preferred Stock The Company is authorized to issue 62,500,000 2,000,000 In February 2015, the Company completed an underwritten public offering of common stock whereby 2,990,000 5.85 17.5 16.3 1.2 1,049,000 55,000 110,000 In March 2014, the Company completed a registered direct offering of common stock whereby 812,500 8.00 6.5 5.8 0.8 488,000 75,000 113,000 44,000 20,313 10.00 92,000 Equity Incentive Plan The Company has an Equity Incentive Plan (the Plan) which provides for the granting of options to purchase shares of common stock, stock awards to purchase shares at no less than 85 1,389,297 10 In the six months ended June 30, 2015, the Company granted 405,200 300,000 5.07 5.97 10 1 2 4 1,232,000 923,000 The recognized compensation expense associated with these grants for the six months ended June 30, 2015 was $ 230,000 Expected life 5.81 years Weighted average volatility 72 % Forfeiture rate 11 % Weighted average risk-free interest rate 1.46 % Expected dividend rate 0 % In February 2015, the Company authorized 23,034 5.97 138,000 37,000 62,000 76,000 In the six months ended June 30, 2015, 129,062 2.20 210 4.88 285,000 Stock options may be exercised prior to vesting where the resulting shares of common stock are issued with a declining repurchase right in favor of the Company at the exercise price should the employee terminate employment or upon other related circumstances prior to the previous vesting date. At June 30, 2015, there are 5,837 4.88 Outstanding stock option grants at June 30, 2015 and December 31, 2014 totaled 817,790 643,817 290,651 441,958 200,894 190,424 20,000 28,000 0.0001 276,000 417,000 81,000 162,000 370,613 1,433,000 2.1 Consultant Stock Plan The Company has a 2013 Consultant Stock Plan (the Consultant Plan) which provides for the granting of shares of common stock to consultants who provide services related to capital raising, investor relations, and making a market in or promoting the Company’s securities. The Company’s officers, employees, and board members are not entitled to receive grants from the Consultant Plan. The Compensation Committee of the Board of Directors is authorized to administer the Consultant Plan and establish the grant terms. The number of shares reserved for issuance under the Consultant Plan on June 30, 2015 totaled 115,087 96,837 The Consultant Plan provides for quarterly increases in the available number of authorized shares equal to the lesser of 1% of any new shares issued by the Company during the quarter immediately prior to the adjustment date or such lesser amount as the Board of Directors shall determine. Warrants Total Outstanding Warrants Weighted Average Life Exercise Price Warrants Exercise Price (in years) $1.80 80,000 $ 1.80 5.64 $2.20 118,959 $ 2.20 0.86 $5.00 345,000 $ 5.00 1.82 $10.00 20,313 $ 10.00 3.68 564,272 $ 4.14 |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Jun. 30, 2015 | |
Related Party Transactions [Abstract] | |
Related Party Transactions Disclosure [Text Block] | Note 7 Related Party Transactions In connection with the February 2015 underwritten public offering described in Note 6, the Company paid the underwriter, MDB Capital Group, LLC (MDB), underwriting fees of $ 1,049,000 55,000 8.1 |
Commitments
Commitments | 6 Months Ended |
Jun. 30, 2015 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies Disclosure [Text Block] | Note 8 Commitments On February 3, 2015, the Company and its newly-appointed Chief Executive Officer, Stephen E. Pirnat entered into an employment agreement (the Agreement) which terminates on December 31, 2017 350,000 30 60 100,000 The Company has agreements with its three independent directors to compensate them annually. The obligation totals $ 300,000 150,000 The Company has a triple net lease for office and laboratory space through February 2017. Under the terms of the lease, the Company paid no rent for the period November 2011 to February 2012 and for February 2014. Rent escalates annually by 3 6,000 7,000 3,000 2015 $ 69,000 2016 141,000 2017 24,000 $ 234,000 For the three and six months ended June 30, 2015 and 2014, rent expense amounted to $ 40,000 82,000 41,000 79,000 The Company has a Field Test Agreement with Southern California-based Aera Energy LLC to demonstrate and test the Duplex technology in a once through steam generator (OTSG) used to facilitate the production of heavy oil in California’s San Joaquin Valley. Under the terms of the agreement, the Company has retrofitted an OTSG unit in order to achieve certain performance criteria. The agreement also includes time-sensitive pricing, delivery and installation terms, if elected, that will apply to future purchases by Aera Energy LLC of this Duplex application. |
Summary of Significant Accoun17
Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2015 | |
Accounting Policies [Abstract] | |
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation The accompanying unaudited condensed financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission for Form 10-Q. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations. The condensed balance sheet at December 31, 2014 has been derived from the Company’s audited financial statements. In the opinion of management, these financial statements reflect all normal recurring and other adjustments necessary for a fair presentation. These financial statements should be read in conjunction with the audited financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014. Operating results for interim periods are not necessarily indicative of operating results for an entire fiscal year or any other future periods. |
Use Of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. |
Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition The Company recognizes revenue on co-development agreements using the percentage of completion method. Under this method, the completion percentage is determined by dividing costs incurred to date by total estimated project costs. Since these projects will require technological development to complete, which by its nature is difficult to predict, the actual cost required to complete contracted work may vary from estimates. Recognized revenues are subject to revisions as the contract progresses to completion and actual revenue and cost become certain. Revisions in revenue estimates are reflected in the period in which the facts that give rise to the revision become known. There were no revenues for the six months . |
Cost of Sales, Policy [Policy Text Block] | Cost of Revenue Cost of co-development revenue includes both direct and allocated indirect costs of completing the scope of work of co-development agreements. Direct costs include labor, materials and other costs incurred directly in fulfilling co-development agreements. Indirect costs include labor, rent, depreciation and other costs associated with operating the Company. Due to the nature of the work involved, the cost of co-development projects may fluctuate substantially from period to period. |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents Highly liquid investments purchased with an original maturity of three months or less are considered cash equivalents. Cash is maintained with a commercial bank where accounts are generally guaranteed by the Federal Deposit Insurance Corporation up to $ 250,000 |
Fixed Assets Policy [Policy Text Block] | Fixed Assets Fixed assets are recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the respective assets. Leasehold improvements are depreciated over the life of the lease or their useful life, whichever is shorter. All other fixed assets are depreciated over two to four years |
Patents and Trademarks Policy [Policy Text Block] | Patents and Trademarks Patents and trademarks are recorded at cost. Amortization is computed using the straight-line method over the estimated useful lives of the assets once they are issued. |
Impairment Of Long Lived Asset Policy [Policy Text Block] | Impairment of Long-Lived Assets The Company tests long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of the assets. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair values are reduced for the cost of disposal. |
Fair Value Of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Assets and liabilities measured at fair value are categorized based on whether or not the inputs are observable in the market and the degree that the inputs are observable. The categorization of financial assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The Company's financial instruments primarily consist of cash and cash equivalents, accounts payable and accrued expenses. As of the balance sheet dates, the estimated fair values of the financial instruments were not materially different from their carrying values as presented on the balance sheets. This is primarily attributed to the short maturities of these instruments. The Company did not identify any other non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value. |
Research and Development Expense, Policy [Policy Text Block] | Research and Development The cost of research and development is expensed as incurred. Research and development costs consist of salaries, benefits, share based compensation, consulting fees, rent, utilities, depreciation, and consumables used in laboratory and field testing. |
Deferred Rent Policy [Policy Text Block] | Deferred Rent Operating lease agreements which contain provisions for future rent increases or periods in which rent payments are reduced or abated are recorded in monthly rent expense in the amount of the total payments over the lease term divided by the number of months of the lease term. The difference between rent expense recorded and the amount paid is credited or charged to deferred rent which is reflected on the accompanying balance sheets. |
Income Tax, Policy [Policy Text Block] | Income Taxes The Company accounts for income taxes using an asset and liability approach which allows for the recognition and measurement of deferred tax assets based upon the likelihood of realization of tax benefits in future years. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A valuation allowance is provided for deferred tax assets if it is more likely than not these items will either expire before the Company is able to realize their benefits, or that future deductibility is uncertain. Tax benefits from an uncertain tax position are recognized only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate resolution. |
Share-Based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-Based Compensation The costs of all employee stock options, as well as other equity-based compensation arrangements, are reflected in the financial statements based on the estimated fair value of the awards on the grant date. That cost is recognized over the period during which an employee is required to provide service in exchange for the award. Stock compensation for stock granted to non-employees is determined as the fair value of the consideration received or the fair value of equity instruments issued, whichever is more reliably measured. |
Earnings Per Share, Policy [Policy Text Block] | Net Loss per Common Share Basic loss per share is computed by dividing loss available to common stockholders by the weighted-average number of common shares outstanding. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include additional common shares available upon exercise of stock options and warrants using the treasury stock method, except for periods for which no common share equivalents are included because their effect would be anti-dilutive. At June 30, 2015 and 2014, potentially dilutive shares outstanding amounted to 1,392,352 1,249,582 |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Issued Accounting Pronouncements Management does not believe that any recently issued, but not yet effective standards, if adopted, will have a material effect on the financial statements. |
Growing Company [Policy Text Block] | Emerging Growth Company The Company is an emerging growth company as defined under the Jumpstart Our Business Startups Act of 2012 (JOBS Act). An emerging growth company may delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company will remain an emerging growth company until December 31, 2017, although it will lose that status sooner if its revenues exceed $ 1 1 700 61 |
Fixed Assets (Tables)
Fixed Assets (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Property, Plant and Equipment [Abstract] | |
Property, Plant and Equipment [Table Text Block] | Fixed assets are summarized as follows: June 30, December 31, 2015 2014 (unaudited) Machinery and equipment $ 647,000 $ 646,000 Office furniture and equipment 121,000 98,000 Leasehold improvements 130,000 124,000 Accumulated depreciation (712,000) (605,000) $ 186,000 $ 263,000 |
Patents and Other Intangible 19
Patents and Other Intangible Assets (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Goodwill and Intangible Assets Disclosure [Abstract] | |
Schedule of Goodwill [Table Text Block] | Patents and other intangible assets are summarized as follows: June 30, December 31, 2015 2014 (unaudited) Patents Patents pending $ 2,867,000 $ 2,262,000 Issued patents 67,000 67,000 2,934,000 2,329,000 Trademarks Trademarks pending 15,000 36,000 Registered trademarks 22,000 - 37,000 36,000 Other 8,000 8,000 2,979,000 2,373,000 Accumulated amortization (6,000) (1,000) $ 2,973,000 $ 2,372,000 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | Future amortization expense associated with issued patents as of June 30, 2015 is estimated as follows: 2015 $ 4,000 2016 9,000 2017 9,000 2018 9,000 2019 9,000 Thereafter 43,000 $ 83,000 |
Stockholders' Equity (Tables)
Stockholders' Equity (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Schedule Of Share Based Payment Award Warrants Valuation Assumptions [Table Text Block] | The following weighted-average assumptions were utilized in the calculation of the fair value of the stock options: Expected life 5.81 years Weighted average volatility 72 % Forfeiture rate 11 % Weighted average risk-free interest rate 1.46 % Expected dividend rate 0 % |
Schedule Of Share Based Compensation Warrants Activity [Table Text Block] | The Company has the following warrants outstanding at June 30, 2015: Total Outstanding Warrants Weighted Average Life Exercise Price Warrants Exercise Price (in years) $1.80 80,000 $ 1.80 5.64 $2.20 118,959 $ 2.20 0.86 $5.00 345,000 $ 5.00 1.82 $10.00 20,313 $ 10.00 3.68 564,272 $ 4.14 |
Commitments (Tables)
Commitments (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Commitments and Contingencies Disclosure [Abstract] | |
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | Minimum future payments under this lease at June 30, 2015 are as follows: 2015 $ 69,000 2016 141,000 2017 24,000 $ 234,000 |
Organization and Description 22
Organization and Description of Business (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | 90 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | |
Organization and Description of Business [Line Items] | |||||
Net loss | $ 1,796,000 | $ 1,626,000 | $ 3,379,000 | $ 3,273,000 | $ 24,639,000 |
Summary of Significant Accoun23
Summary of Significant Accounting Policies (Details Textual) - USD ($) | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
Variable Interest Entity [Line Items] | ||
Cash, FDIC Insured Amount | $ 250,000 | |
Weighted Average Number of Shares Outstanding, Diluted | 1,392,352 | 1,249,582 |
Emerging Growth Company Minimum Revenue | $ 1,000,000,000 | |
Emerging Growth Company Non Convertible Debt | 1,000,000,000 | |
Emerging Growth Company Minimum Non-Affiliate Market Value Of Common Stock | $ 700,000,000 | |
Tax Benefits Recognized Description | The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate resolution. | |
Emerging Growth Company Non-Affiliate Market Value Of Common Stock | $ 61,000,000 | |
Property, Plant and Equipment, Estimated Useful Lives | over two to four years |
Fixed Assets (Details)
Fixed Assets (Details) - USD ($) | Jun. 30, 2015 | Dec. 31, 2014 |
Property, Plant and Equipment [Line Items] | ||
Machinery and equipment | $ 647,000 | $ 646,000 |
Office furniture and equipment | 121,000 | 98,000 |
Leasehold improvements | 130,000 | 124,000 |
Accumulated depreciation | (712,000) | (605,000) |
Property, Plant and Equipment, Net, Total | $ 186,000 | $ 263,000 |
Patents and Other Intangible 25
Patents and Other Intangible Assets (Details) - USD ($) | Jun. 30, 2015 | Dec. 31, 2014 |
Patents | $ 2,934,000 | $ 2,329,000 |
Trademarks | 37,000 | 36,000 |
Other | 8,000 | 8,000 |
Finite-Lived Intangible Assets, Gross | 2,979,000 | 2,373,000 |
Accumulated amortization | (6,000) | (1,000) |
Finite-Lived Intangible Assets, Net | 2,973,000 | 2,372,000 |
Patents Pending [Member] | ||
Patents | 2,867,000 | 2,262,000 |
Issued Patents [Member] | ||
Patents | 67,000 | 67,000 |
Finite-Lived Intangible Assets, Net | 83,000 | |
Trademarks Pending [Member] | ||
Trademarks | 15,000 | 36,000 |
Registered Trademarks [Member] | ||
Trademarks | $ 22,000 | $ 0 |
Patents and Other Intangible 26
Patents and Other Intangible Assets (Details 1) - USD ($) | Jun. 30, 2015 | Dec. 31, 2014 |
Finite-Lived Intangible Assets [Line Items] | ||
Finite-Lived Intangible Assets, Net | $ 2,973,000 | $ 2,372,000 |
Issued Patents [Member] | ||
Finite-Lived Intangible Assets [Line Items] | ||
2,015 | 4,000 | |
2,016 | 9,000 | |
2,017 | 9,000 | |
2,018 | 9,000 | |
2,019 | 9,000 | |
Thereafter | 43,000 | |
Finite-Lived Intangible Assets, Net | $ 83,000 |
Patents and Other Intangible 27
Patents and Other Intangible Assets (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Exploration Abandonment and Impairment Expense | $ 5,000 | $ 0 | $ 5,000 | $ 8,000 |
Termination of Employment Agr28
Termination of Employment Agreement (Details Textual) - USD ($) | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2015 | Dec. 31, 2016 | Dec. 31, 2015 | |
Richard F. Rutkowski [Member] | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares | 15,625 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value | $ 4.88 | ||
Richard F. Rutkowski [Member] | Option Two [Member] | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares | 14,219 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value | $ 9.90 | ||
Scenario, Forecast [Member] | |||
Financial Liabilities Fair Value Disclosure | $ 576,000 | ||
Scenario, Forecast [Member] | Richard F. Rutkowski [Member] | |||
Officers' Compensation | $ 359,000 | $ 60,000 | |
General and Administrative Expense [Member] | |||
Financial Liabilities Fair Value Disclosure | $ 943,000 |
Stockholders' Equity (Details)
Stockholders' Equity (Details) - 6 months ended Jun. 30, 2015 - Employee Stock Option [Member] | Total |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
Expected life | 5 years 9 months 22 days |
Weighted average volatility | 72.00% |
Forfeiture rate | 11.00% |
Weighted average risk-free interest rate | 1.46% |
Expected dividend rate | 0.00% |
Stockholders' Equity (Details 1
Stockholders' Equity (Details 1) - Jun. 30, 2015 - $ / shares | Total |
Warrants Outstanding | 564,272 |
Warrants Outstanding Weighted Average Exercise Price | $ 4.14 |
Exercise Price 1.80 [Member] | |
Warrants Exercise Price | $ 1.80 |
Warrants Outstanding | 80,000 |
Warrants Outstanding Weighted Average Exercise Price | $ 1.80 |
Warrants Outstanding Remaining Life (in years) | 5 years 7 months 20 days |
Exercise Price 2.20 [Member] | |
Warrants Exercise Price | $ 2.20 |
Warrants Outstanding | 118,959 |
Warrants Outstanding Weighted Average Exercise Price | $ 2.20 |
Warrants Outstanding Remaining Life (in years) | 10 months 10 days |
Exercise Price 5.00 [Member] | |
Warrants Exercise Price | $ 5 |
Warrants Outstanding | 345,000 |
Warrants Outstanding Weighted Average Exercise Price | $ 5 |
Warrants Outstanding Remaining Life (in years) | 1 year 9 months 25 days |
Exercise Price 10.00 [Member] | |
Warrants Exercise Price | $ 10 |
Warrants Outstanding | 20,313 |
Warrants Outstanding Weighted Average Exercise Price | $ 10 |
Warrants Outstanding Remaining Life (in years) | 3 years 8 months 5 days |
Stockholders' Equity (Details T
Stockholders' Equity (Details Textual) - Equity Component [Domain] - USD ($) | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | |||
Feb. 28, 2015 | Mar. 31, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014 | |
Class of Stock [Line Items] | |||||||
Stock Issued During Period, Value, New Issues | $ 17,491,000 | ||||||
Warrants Authorized For Issuance To Acquire Common Stock Shares Number | 20,313 | ||||||
Common Stock, Shares Authorized | 62,500,000 | 62,500,000 | |||||
Preferred Stock, Shares Authorized | 2,000,000 | 2,000,000 | |||||
Share-Based Compensation | $ 355,000 | $ 162,000 | |||||
Proceeds From Issuance Or Sale Of Equity | $ 16,279,000 | 5,796,000 | |||||
Stock Issued During Period Par Value Exercise Of Options | $ 2.20 | ||||||
Proceeds from Stock Options Exercised | $ 285,000 | 0 | |||||
Registered Direct Offering [Member] | |||||||
Class of Stock [Line Items] | |||||||
Stock Issued During Period, Value, New Issues | $ 6,500,000 | ||||||
Exercise Price Of Warrants | $ 10 | ||||||
Warrants Authorized For Issuance To Acquire Common Stock Value | $ 92,000 | ||||||
Stock Issued In Registered Direct Offering Price Per Share | $ 8 | ||||||
Placement Agent Fees | $ 488,000 | ||||||
Payments for Placement Agent Legal Fees | 75,000 | ||||||
Other Cost and Expense, Operating | $ 44,000 | ||||||
Stock Issued During Period, Shares, Registered Direct Offering | 812,500 | ||||||
Proceeds From Issuance Or Sale Of Equity | $ 5,800,000 | ||||||
Payment of Financing and Stock Issuance Costs | 800,000 | ||||||
Underwritten Public Offering [Member] | |||||||
Class of Stock [Line Items] | |||||||
Stock Issued During Period, Value, New Issues | $ 17,500,000 | ||||||
Other Cost and Expense, Operating | 110,000 | ||||||
Proceeds From Issuance Or Sale Of Equity | 16,300,000 | ||||||
Payment of Financing and Stock Issuance Costs | $ 1,200,000 | ||||||
Stock Issued During Period Shares Underwritten Public Offering | 2,990,000 | ||||||
Stock Issued in Underwritten Public Offering Price Per Share | $ 5.85 | ||||||
Underwriter Agent fees | $ 1,049,000 | ||||||
Payments for Underwriter Agent Legal Fees | $ 55,000 | ||||||
Consultant Plan [Member] | |||||||
Class of Stock [Line Items] | |||||||
Common Stock, Capital Shares Reserved for Future Issuance | 115,087 | 115,087 | |||||
Shares Reserved Unissued | 96,837 | 96,837 | |||||
Stock Option Plan Description | The Consultant Plan provides for quarterly increases in the available number of authorized shares equal to the lesser of 1% of any new shares issued by the Company during the quarter immediately prior to the adjustment date or such lesser amount as the Board of Directors shall determine. | ||||||
Equity Incentive Plan [Member] | |||||||
Class of Stock [Line Items] | |||||||
Common Stock, Shares Authorized | 23,034 | ||||||
Share Based Compensation Arrangement By Share Based Payment Award Purchase Price Share Minimum | 85.00% | ||||||
Common Stock, Capital Shares Reserved for Future Issuance | 1,389,297 | 1,389,297 | |||||
Increase Decrease Of Share Based Compensation Arrangement By Share Based Payment Award Percentage | 10.00% | ||||||
Share-based Compensation Outstanding - Reserved but unissued shares under the Plan | 817,790 | 817,790 | 643,817 | ||||
Declining Repurchase Rights Per Share | $ 20,000 | $ 20,000 | $ 28,000 | ||||
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized | $ 1,433,000 | $ 1,433,000 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 200,894 | 190,424 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ 5.97 | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | 10 years | ||||||
Share-Based Compensation | $ 276,000 | $ 81,000 | $ 417,000 | $ 162,000 | |||
Shares Reserved Unissued | 370,613 | 370,613 | |||||
Selling, General and Administrative Expense, Total | $ 37,000 | $ 62,000 | |||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | 2 years 1 month 6 days | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number | 290,651 | 290,651 | 441,958 | ||||
Stock Granted During Period, Value, Share-Based Compensation, Gross | $ 1,232,000 | ||||||
Allocated Share-based Compensation Expense | $ 230,000 | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 4 years | ||||||
Share Based Compensation Arrangement by Share Based Payment Award Options Grants In Period Fair Value | $ 138,000 | ||||||
Stock Issued During Period Value One Stock Options Exercised | $ 210 | ||||||
Stock Issued During Period Shares One Stock Options Exercised | 4.88 | ||||||
Stock Issued During Period Par Value Exercise Of Options | $ 2.20 | ||||||
Proceeds from Stock Options Exercised | $ 285,000 | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 129,062 | ||||||
Equity Incentive Plan [Member] | Minimum [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ 5.07 | ||||||
Equity Incentive Plan [Member] | Maximum [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ 5.97 | ||||||
Equity Incentive Plan [Member] | Subsequent Event [Member] | |||||||
Class of Stock [Line Items] | |||||||
Declining Repurchase Rights Value | $ 0.0001 | $ 0.0001 | |||||
Selling, General and Administrative Expense, Total | $ 76,000 | ||||||
Equity Incentive Plan [Member] | Employee Stock Option [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Subject To Repurchase Rights Decline | 5,837 | ||||||
Investment Options, Exercise Price | $ 4.88 | ||||||
Equity Incentive Plan [Member] | Chief Executive Officer [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 300,000 | ||||||
Stock Granted During Period, Value, Share-Based Compensation, Gross | $ 923,000 | ||||||
Equity Incentive Plan [Member] | Chief Executive Officer [Member] | Minimum [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 1 year | ||||||
Equity Incentive Plan [Member] | Chief Executive Officer [Member] | Maximum [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 2 years | ||||||
Equity Incentive Plan [Member] | Employees and Consultant [Member] | |||||||
Class of Stock [Line Items] | |||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 405,200 | ||||||
Legal Fees [Member] | Registered Direct Offering [Member] | |||||||
Class of Stock [Line Items] | |||||||
Stock Issued During Period, Value, Issued for Noncash Considerations | $ 113,000 |
Related Party Transactions (Det
Related Party Transactions (Details Textual) - USD ($) | 6 Months Ended | |
Jun. 30, 2015 | Mar. 31, 2015 | |
MDB Consulting Services [Member] | ||
Related Party Transaction [Line Items] | ||
Payments for Underwriting Expense | $ 1,049,000 | |
Other Underwriting Expense | $ 55,000 | |
Chief Executive Officer [Member] | ||
Related Party Transaction [Line Items] | ||
Equity Method Investment, Ownership Percentage | 8.10% |
Commitments (Details)
Commitments (Details) | Jun. 30, 2015USD ($) |
Operating Leased Assets [Line Items] | |
2,015 | $ 69,000 |
2,016 | 141,000 |
2,017 | 24,000 |
Operating Leases, Future Minimum Payments Due | $ 234,000 |
Commitments (Details Textual)
Commitments (Details Textual) - USD ($) | Feb. 03, 2015 | Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 |
Loss Contingencies [Line Items] | |||||
Rent Expense Escalation Percentage | 3.00% | ||||
Reduction In Deferred Rent | $ 6,000 | ||||
Operating Leases, Rent Expense | $ 40,000 | $ 41,000 | 82,000 | $ 79,000 | |
Contractual Obligation | 300,000 | 300,000 | |||
Obligation To Pay In Common Stock At Fair Value | $ 150,000 | 150,000 | |||
Triple Net Operating Cost | $ 3,000 | ||||
Accrued Rent | $ 7,000 | $ 7,000 | |||
Minimum [Member] | |||||
Loss Contingencies [Line Items] | |||||
Annual Cash Bonus | 30.00% | ||||
Maximum [Member] | |||||
Loss Contingencies [Line Items] | |||||
Annual Cash Bonus | 60.00% | ||||
Stephen E. Pirnat [Member] | |||||
Loss Contingencies [Line Items] | |||||
Salaries, Wages and Officers' Compensation | $ 350,000 | ||||
Employment Agreement Termination Date | Dec. 31, 2017 | ||||
Labor and Related Expense | $ 100,000 |