Applied Minerals (AMNL) 10-Q 14 Nov 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 14, 2016
Document Information [Line Items]
Entity Registrant Name	Applied Minerals, Inc.
Entity Central Index Key	8,328
Trading Symbol	amnl
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		108,613,549
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 1,650,637	$ 1,803,131
Accounts receivable	398,727	176,205
Deposits and prepaid expenses	70,810	322,922
Other current receivables		94,647
Total Current Assets	2,120,174	2,396,905
Property and Equipment, net	4,382,259	5,206,825
Deposits	269,413	269,202
Assets Held for Sale	1,000	445,180
Total Other Assets	270,413	714,382
TOTAL ASSETS	6,772,846	8,318,112
Current Liabilities
Accounts payable and accrued liabilities	1,703,688	1,623,152
Current portion of notes payable	22,307	210,429
Total Current Liabilities	1,725,995	1,833,581
Long-Term Liabilities
Long-term portion of notes payable	16,886	33,688
PIK Notes payable, net of $15,918,016 and $17,572,885 debt discount, respectively	21,114,470	17,051,636
PIK Note derivative	2,883,148	5,138,857
Total Long-Term Liabilities	24,014,504	22,224,181
Total Liabilities	25,740,499	24,057,762
Commitments and Contingencies (Note 10)
Preferred stock, $0.001 par value, 10,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 200,000,000 shares authorized, 108,613,549 and 97,144,736 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively	108,614	97,145
Additional paid-in capital	68,404,879	66,106,631
Accumulated deficit prior to the exploration stage	(20,009,496)	(20,009,496)
Accumulated deficit during the exploration stage	(67,471,650)	(61,933,930)
Total Stockholders’ Deficit	(18,967,653)	(15,739,650)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 6,772,846	$ 8,318,112

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Debt discount	$ 15,918,016	$ 1,572,885
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	108,613,549	97,144,736
Common stock, shares outstanding (in shares)	108,613,549	97,144,736

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
PIK Note Derivative Liability [Member]
OTHER INCOME (EXPENSE):
Gain on revaluation of PIK Note derivative	$ 1,134,149	$ 5,378,339	$ 2,425,555	$ 6,598,708
REVENUES	975,328	43,293	3,089,422	271,888
Production costs	539,951	0	1,572,795	0
Exploration costs	270,700	977,164	821,814	3,601,812
General and administrative	977,716	1,155,016	3,227,852	3,584,791
Depreciation expense	340,165	326,931	1,014,585	979,836
Total Operating Expenses	2,128,532	2,459,111	6,637,046	8,166,439
Operating Loss	(1,153,204)	(2,415,818)	(3,547,624)	(7,894,551)
Interest expense, net, including amortization of deferred financing cost and debt discount	(1,792,412)	(1,169,425)	(4,521,672)	(3,290,647)
Other income (expense)	1,042	(140)	106,021	(543,895)
Total Other Income (Expense)	(657,221)	4,208,774	(1,990,096)	2,764,166
Net (Loss) Income	$ (1,810,425)	$ 1,792,956	$ (5,537,720)	$ (5,130,385)
Net (Loss) Income Per Share (Basic and Diluted) (in dollars per share)	$ (0.02)	$ 0.02	$ (0.05)	$ (0.05)
Weighted Average Shares Outstanding (Basic and Diluted) (in shares)	108,482,042	96,482,321	101,231,559	95,795,668

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Stockholders' Deficit (Unaudited) - 9 months ended Sep. 30, 2016 - USD ($)	Private Placement [Member]Common Stock [Member]	Private Placement [Member]Additional Paid-in Capital [Member]	Private Placement [Member]Accumulated Deficit Prior to Exploration Stage [Member]	Private Placement [Member]Accumulated Deficit During Exploration Stage [Member]	Private Placement [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit Prior to Exploration Stage [Member]	Accumulated Deficit During Exploration Stage [Member]	Total
Balance (in shares) at Dec. 31, 2015						97,144,736
Balance at Dec. 31, 2015						$ 97,145	$ 66,106,631	$ (20,009,496)	$ (61,933,930)	$ (15,739,650)
Stock Issued During Period, Shares, Issued for Services						203,980
Stock Issued During Period, Value, Issued for Services						$ 204	53,710	0	0	$ 53,914
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures						331,494				331,494
Shares issued to employees for compensation						$ 332	57,416	0	0	$ 57,748
Stock Issued During Period, Shares, New Issues	10,933,339				10,933,339
Stock Issued During Period, Value, New Issues	$ 10,933	$ 1,629,067	$ 0	$ 0	$ 1,640,000
Stock-based compensation expense						0	558,055	0	0	558,055
Net Income (Loss) Attributable to Parent						$ 0	0	0	(5,537,720)	(5,537,720)
Balance (in shares) at Sep. 30, 2016						108,613,549
Balance at Sep. 30, 2016						$ 108,614	$ 68,404,879	$ (20,009,496)	$ (67,471,650)	$ (18,967,653)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Directors and Consultants [Member]
Adjustments to reconcile net loss to net cash used in operations
Share-based compensation	$ 558,055	$ 301,348
Employees [Member]
Adjustments to reconcile net loss to net cash used in operations
Share-based compensation	57,748	0
Net loss	(5,537,720)	(5,130,385)
Depreciation	1,014,585	979,836
Amortization of discount - PIK Notes	1,824,715	845,709
Amortization of deferred financing costs	5,625	5,625
Issuance of PIK Notes in payment of interest	2,402,340	2,178,990
Stock issued for director fees and other services	53,914	290,186
Shares issued for liquidated damages	0	541,011
(Gain) loss on revaluation of PIK Note derivative	(2,425,555)	(6,598,708)
Gain on sale of property	(108,764)	0
Change in operating assets and liabilities:
Accounts receivable	(222,522)	75,814
Other current receivables	94,647	0
Deposits and prepaids	251,901	204,352
Accounts payable and accrued liabilities	80,536	(429,156)
Net cash used in operating activities	(1,950,495)	(6,735,378)
Cash Flows From Investing Activities:
Sale of property	552,944	0
Purchases of property and equipment	(190,019)	(17,995)
Net cash provided by (used in) investing activities	362,925	(17,995)
Cash Flows From Financing Activities:
Payments on notes payable	(204,924)	(238,248)
Proceeds from sale of common stock	1,640,000	0
Net cash provided by (used in) financing activities	1,435,076	(238,248)
Net change in cash and cash equivalents	(152,494)	(6,991,621)
Cash and cash equivalents at beginning of period	1,803,131	10,701,666
Cash and cash equivalents at end of period	1,650,637	3,710,045
Cash Paid For:
Interest	4,647	6,914
Income Taxes	430	0
Supplemental Disclosure of Non-Cash Investing and Financing Activities:
Reclassification of Land from Property and Equipment Net to Asset Held for Sale	$ 0	$ 445,180

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 1 – BASIS OF PRESENTATION In the opinion of management, the accompanying unaudited, condensed, consolidated financial statements contain all adjustments necessary to present fairly the financial position of Applied Minerals, Inc. ("Applied Minerals" or "the Company" or "we") and its results of operations and cash flows for the interim periods presented. Such financial statements have been condensed in accordance with the applicable regulations of the Securities and Exchange Commission and, therefore, do not include all disclosures required by accounting principles generally accepted in the United States of America. These financial statements should be read in conjunction with the Company's audited financial statements for the year ended December 31, 2015, included in the Company's Annual Report filed on Form 10-K for such year. The results of operations for the three and nine months ended September 30, 2016 are not necessarily indicative of the results to be expected for the entire year.

Note 2 - Description of Busines

Note 2 - Description of Business	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 2 – DESCRIPTION OF BUSINESS Applied Minerals is the owner of the Dragon Mine located in the Tintic Mining District of the State of Utah from where it produces halloysite clay and iron oxide. Since December, 2015, the great majority of the Company’s revenue has been related to an 18-month take-or-pay agreement for the sale of AMIRON. Additionally, the Company is currently in various phases of commercial scale trials involving its AMIRON and DRAGONITE products for use in a number of markets. Applied Minerals is a publicly traded company incorporated in the state of Delaware. The common stock trades on the OTC Bulletin Board under the symbol AMNL.

Note 3 - Liquidity

Note 3 - Liquidity	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Liquidity [Text Block]	NOTE 3 – LIQUIDITY The Company has a history of recurring losses from operations and use of cash in operating activities. For the nine months ended September 30, 2016, the Company's net loss was $5,537,720 and cash used in operating activities was $1,950,495. At September 30, 2016, the Company had working capital of $394,179, which takes into account $1,164,899 of accrued PIK Note interest, which the Company expects to pay in-kind and $167,841 of payables for which the Company believes it has a statute of limitations defense. On June 27, 2016, the Company raised $1.64 million through the sale of 10,933,333 units at $0.15 per unit. Each unit consisted of one share of common stock and three-tenths of a warrant to purchase the Company’s common stock. As a result of the sale, the Company issued 10,933,333 shares of common stock and warrants to purchase 3,283,283 shares of common stock at $0.25 per share. The warrants have a term of five years and do not contain a provision that allows for a cashless exercise. Based on the Company's current cash balance at September 30, 2016, its expected revenue and its cash usage expectations, it believes it will have sufficient liquidity to fund its operations for at least the next 12 months. Revenue for the three and nine months ended September 30, 2016 included $857,056 and $2,721,828, representing approximately 88% of revenue during each period, from the sale of AMIRON iron oxide under a take-or-pay supply agreement with one customer entered into on November 2, 2015 which the Company expects to complete by June 2017.

Note 4 - Summary of Significant

Note 4 - Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 4– SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have not been demonstrated. Under the SEC’s Industry Guide 7, a mining company is considered an exploration stage company until it has declared mineral reserves determined in accordance with SEC guidance and rules. Principles of Consolidation The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its inactive subsidiary in northern Idaho. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. In these condensed consolidated financial statements, the PIK Note derivative liability, stock compensation and the assessment of the possible impairment of long-lived assets involve extensive reliance on management’s estimates. Actual results could differ from those estimates. Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with a term of three months or less. The Company minimizes its credit risk by investing its cash and cash equivalents, which sometimes exceeds FDIC limits, with major financial institutions located in the United States with a high credit rating. Receivables Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts. Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party’s credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable. No allowance was required at September 30, 2016 and 2015. Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows: Estimated Useful Life (in years) Building and Building Improvements 5 - 40 Mining equipment 2 - 7 Office and shop furniture and equipment 3 - 7 Vehicles 5 Depreciation expense for the three months ended September 30, 2016 and 2015 totaled $340,165 and $326,931, respectively. Depreciation expense for the nine months ended September 30, 2016 and 2015 totaled $1,014,585 and $979,836, respectively. The Company currently does not capitalize any amounts to its mineral resources and therefore does not have any depletion expense but we have depletion expense for tax purposes. Fair Value ASC Topic 820, Fair Value Measurement and Disclosures Level 1 – Quoted prices in active markets for identical assets and liabilities; Level 2 – Inputs other than level one inputs that are either directly or indirectly observable; and Level 3 – Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use. Liabilities measured at fair value on a recurring basis are summarized as follows: Fair value measurement using inputs Carrying amount Level 1 Level 2 Level 3 September 30, 2016 December 31, 2015 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 197,873 $ 197,873 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 2,685,275 $ 2,685,275 $ 4,876,093 The following table summarizes the activity for financial instruments at fair value using Level 3 inputs: Balance at December 31, 2015 $ 5,138,857 Additions related to the issuance of PIK Notes 169,846 Net unrealized gains included in net (loss) (2,425,555 ) Balance at September 30, 2016 $ 2,883,148 The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, other current assets, and accounts payable and accrued expenses approximates the fair value at September 30, 2016 and December 31, 2015 based upon the short-term nature of the assets and liabilities. Based on borrowing rates currently available to the Company for loans with similar terms, and the remaining short-term period outstanding, the carrying value of notes payable other than PIK Notes approximates fair value. Estimated fair value of the PIK Notes Payable approximate $24,653,831 and $21,789,259, respectively, at September 30, 2016 and December 31, 2015 based on Level 2 inputs. For the Company's PIK Note derivative liabilities, Level 3 fair value hierarchy was estimated using a Monte Carlo Model using the following assumptions: Series 2023 PIK Note derivative liability Fair Value Measurements Using Inputs September 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.15 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 6.83 7.58 Dividend yield $ -0- $ -0- Expected volatility 89.0 % 72.9 % Risk-free interest rate 1.40 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs September 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.15 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 6.83 7.58 Dividend yield $ -0- $ -0- Expected volatility 89.0 % 72.9 % Risk-free interest rate 1.40 % 2.12 % Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount. If this comparison indicates impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell. Revenue Recognition Revenue includes sales of halloysite clay and iron oxide, and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on related contractual arrangements with the Company’s customers. Mining Exploration and Development Costs Land and mining property are carried at cost. The Company expenses prospecting and mining exploration costs. At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized. Income taxes The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A valuation allowance has been provided for the portion of the Company’s net deferred tax assets for which it is more likely than not that they will not be realized. The Company is subject to U.S. federal income tax as well as income tax of certain state jurisdictions. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense. The Company follows the provision of ASC Topic 740-10, “Income Taxes”, relating to recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return. It also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and requires increased disclosures. This guidance provides that the tax effects from an uncertain tax position can be recognized in our financial statements, only if the position is more likely than not of being sustained on audit, based on the technical merits of the position. As of September 30, 2016, no amounts are included in the financial statements for unrecognized tax benefits. Stock Options and Warrants The Company follows ASC 718 (Stock Compensation) and 505-50 (Equity-Based Payments to Non-employees), which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period. Per share data Loss per share for the three months ended September 30, 2016 and 2015, respectively, is calculated based on 108,482,042 and 96,482,321 weighted average outstanding shares of common stock. Loss per share for the nine months ended September 30, 2016 and 2015, respectively, is calculated based on 101,231,559 and 95,795,668 weighted average outstanding shares of common stock. At September 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 25,314,940 and 18,900,062 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 32,037,587 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive. Environmental Matters Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate. Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed. Liabilities are recognized when environmental assessments indicate that remediation efforts are probable and the costs can be reasonably estimated. Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors, and include estimates of associated legal costs. These amounts also reflect prior experience in remediating contaminated sites, other companies’ clean-up experience and data released by The Environmental Protection Agency or other organizations. Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology and inflation. Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability. Based upon management’s current assessment of its environmental responsibilities, it does not believe that any reclamation or remediation liability exists at September 30, 2016. Recent Accounting Pronouncements In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim period within those years beginning after December 15, 2016, the original effective date of the standard. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures. In November 2015, FASB issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Accounting Standards Update 2015-17 simplifies current guidance and requires companies to classify all deferred tax assets and liabilities as noncurrent on the balance sheet. Accounting Standards Update 2015-17 can be applied either prospectively or retrospectively and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In August 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-15, which addresses eight specific cash flow issues, including presentation of debt prepayments or debt extinguishment costs, with the objective of reducing the existing diversity in practice. For public entities, the new guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including an adoption in an interim period, with a required retrospective application to each period presented. The Company is currently evaluating this new standard to determine the potential impact to its financial statements and related disclosures. In April 2015, the FASB issued ASU No. 2015-03, with an objective to simplify the presentation of debt issuance costs in financial statements by presenting such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Effective January 1, 2016, the Company adopted ASU No. 2015-03 on a retrospective basis, which did not have material effect on its financial statemenmts. Comparative Information We have reclassified certain prior year information to conform with the current year's presentation.

Note 5 - Income Tax

Note 5 - Income Tax	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 5 - INCOME TAX Income tax provisions or benefits for interim periods are computed based on the Company's estimated annual effective tax rate. Based on the Company's historical losses and its expectation of the continuation of losses for the foreseeable future, the Company has determined that it is more likely than not that deferred tax assets will not be realized and, accordingly, has provided a full valuation allowance as of September 30, 2016 and December 31, 2015.

Note 6 - Notes Payable

Note 6 - Notes Payable	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 6 - NOTES PAYABLE Notes payable at September 30, 2016 and December 31, 2015 consist of the following: September 30, December 31, 2016 2015 Note payable for mining equipment, payable $950 monthly, including interest (a) $ - 0 - $ 3,714 Note payable for equipment, payable $1,339 monthly, including interest (b) 31,652 42,235 Note payable for mine site vehicle, payable $628 monthly (c) 7,541 13,196 Note payable to an insurance company, payable $9,055 monthly, including interest (d) - 0 - 60,953 Note payable to an insurance company, payable $18,609 monthly, including interest (e) - 0 - 124,019 39,193 244,117 Less: Current Portion (22,307 ) (210,429 ) Notes Payable, Long-Term Portion $ 16,886 $ 33,688 (a) On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%. The note is collateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012. (b) On October 31, 2014, the Company purchased mining equipment for $65,120 by paying deposit and issuing a note in the amount of $57,900 with an interest rate of 5.2%. The note is collateralized by the mining equipment with payments of $1,339 for 48 months, which started on November 30, 2014. (c) On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a non-interest bearing note. The note is collateralized by the vehicle with payments of $628 for 60 months, which started on October 20, 2012. (d) The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%. (e) The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.0%. The following is a schedule of the principal maturities on these notes as of September 30, 2016: October 2016 - September 2017 $ 22,307 October 2017 - September 2018 15,533 October 2018 - September 2019 1,333 Total Notes Payable $ 39,193 During the three and nine months ended September 30, 2016, the Company's interest payments related to these notes totaled $443 and $4,647, respectively. During the three and nine months ended September 30, 2015, the Company's interest payments related to these notes totaled $940 and $6,894, respectively.

Note 7 - Convertible Debt (PIK

Note 7 - Convertible Debt (PIK Notes)	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Convertible Debt [Text Block]	NOTE 7 – CONVERTIBLE DEBT (PIK NOTES) The Company raised $23 million of financing through the issuance of two series of Paid-In-Kind (“PIK”)-Election Convertible Notes in 2013 and 2014, with key terms highlighted in the table below: Key Terms Series 2023 Notes Series A Notes Inception Date 08/05/2013 11/03/2014 Cash Received $10,500,000 $12,500,000 Principal (Initial Liability) $10,500,000 $19,848,486 Maturity (Term) 10 years, but convertible after 1 year based on the market price of the Company’s stock 4 years, but may range between 2 years to the full maturity of the Series 2023 Notes, depending on whether a Specified Event occurs and/or an Extension Option is elected (see below for further details) Exercise Price $1.40 at inception, adjusted downward based on anti-dilution provisions/down-round protection $0.92 at inception, adjusted downward based on anti-dilution provisions/down-round protection; also may be reduced by $0.10 based if Extension Option is elected (see below) Stated Interest 10% per annum, due semiannually 10% per annum, due semiannually, may be reduced to 1% if Specified Event (see below) occurs Derivative Liability $2,055,000 established at inception due to existence of anti-dilution provisions; revalued every quarter using Monte Carlo model $9,212,285 established at inception due to existence of anti-dilution provisions; revalued every quarter using Monte Carlo model As of September 30, 2016, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 14,071,008 $ 22,977,103 $ 37,048,111 Less: Discount (1,761,939 ) (14,156,077 ) (15,918,016 ) Less: Deferred Financing Cost (5,755 ) (9,870 ) (15,625 ) PIK Note Payable, Net $ 12,303,314 $ 8,811,156 $ 21,114,470 PIK Note Derivative Liability $ 197,873 $ 2,685,275 $ 2,883,148 As of December 31, 2015, the liability components of the PIK Notes on the Company’s balance sheet are listed in the following table: Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) Less: Deferred Financing Cost (7,828 ) (13,422 ) (21,250 ) PIK Note Payable, Net $ 10,900,094 $ 6,151,542 $ 17,051,636 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857 Series A Notes On November 3, 2014 (“Issue Date”), the Company issued, in a private placement pursuant to investment agreements, $19,848,486 principal amount of 10% PIK-Election Convertible Notes due 2018 ("Series A Notes") in exchange for $12,500,000 in cash and the cancellation of previously-issued warrants held by one investor. Below are key terms of the Series A Notes: ● Maturity ● Exercise Price ● Stated Interest provided ● Specified Event second anniversary ● Extension Option ● The number of shares issuable under the Notes may be affected by the anti-dilution provisions of the Notes. The antidilition provisions adjust the Exercise Price of the Notes in the event of stock dividends and splits, issuance below the market price of the Common Stock, issuances below the conversion price of the Notes, pro rata distribution of assets, rights plans, tender offers, and exchange offers. These Series A Notes were not issued with the intent of effectively hedging any future cash flow, fair value of any asset, liability or any net investment in a foreign operation. In addition to the customary anti-dilution provisions the notes contain a down-round provision whereby the conversion price would be adjusted downward in the event that additional shares of the Company’s common stock or securities exercisable, convertible or exchangeable for the Company’s common stock were issued for cash consideration (e.g. a capital raise) at a price less than the conversion price. Therefore, the estimated fair value of the conversion feature of $9,212,285 (based on observable inputs using a Monte Carlo model) was bifurcated from the Series A Notes and accounted for as a separate derivative liability, which resulted in a corresponding amount of debt discount on the Series A Notes. In addition, an additional debt discount of $7,348,486 was recorded as a result of the difference between the $12,500,000 of cash received and the $19,848,486 of principal on the Series A Notes. This combined debt discount of $16,560,771 is being amortized using the effective interest method over the 4-year term of the Notes as Interest Expense, while the PIK Note Derivative is carried at fair value (using a Monte Carlo model) until the Notes are converted or otherwise extinguished. Any changes in fair value are recognized in earnings. In May, 2015, November, 2015 and May, 2016, the Company issued $992,424, $1,042,045, and $1,094,148, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. At September 30, 2016, the fair value of the Series A PIK Note Derivative was estimated to be $2,685,275, which includes the value of the additional PIK Notes issued in May, 2015, November 2015, and May, 2016 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $6,527,010 from the November 3, 2014 inception date. Series 2023 Notes In August 2013, the Company received $10,500,000 of financing through the private placement of 10% mandatory convertible PIK Notes due 2023 ("Series 2023 Notes"). The principal amount of the Notes is due on maturity. The Company can elect to pay semi-annual interest on the Series 2023 Notes with additional PIK Notes containing the same terms as the Series 2023 Notes, except interest will accrue from issuance of such interest notes. The Company can also elect to pay interest in cash. In February, 2014, August, 2014, February, 2015, August, 2015, February, 2016 and August, 2016, the Company issued $525,000, $551,250, $578,812, $607,753, $638,141, and $670,050, respectively, in additional PIK Notes to the holders to pay the semi-annual interest. The Series 2023 Notes convert into the Company’s common stock at a conversion price of $1.40 per share, which is subject to customary anti-dilution adjustments; these anti-dilution adjustments reduced the conversion price to $1.36 after the issuance of the Series A Notes in November, 2014 and further reduced it to $1.28 after the issuance of $1.64 million of units in June, 2016. As of issuance, principal amount of the Series 2023 Notes were convertible into 7,500,000 shares of the common stock and into 7,720,588 shares after the issuance of the Series A Notes. The holders may convert the Series 2023 Notes at any time. The Series 2023 Notes are mandatorily convertible after one year when the weighted average trading price of a share of the common stock for the preceding ten trading days is in excess of the conversion price. The Series 2023 Notes contain customary representations and warranties and several covenants. The proceeds are being used for general corporate purposes. No broker was used and no commission was paid in connection with the sale of the Series 2023 Notes. As of September 30, 2016, the Company was in compliance with the covenants. At September 30, 2016, the fair value of the PIK Note Derivative was estimated to be $197,873, which includes the value of the additional PIK Notes issued in August 2016, February 2016, August 2015, February 2015, August 2014 and February 2014 for the semi-annual interest payments due. The change in the fair value of the derivative represents a decrease in valuation of $1,857,127 from the August 2, 2013 inception date.

Note 8 - Stockholders' Equity

Note 8 - Stockholders' Equity	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 8 - STOCKHOLDERS' EQUITY Preferred Stock The Company is authorized to issue 10,000,000 shares of noncumulative, non-voting, nonconvertible preferred stock, $0.001 par value per share. At September 30, 2016 and December 31, 2015, no shares of preferred stock were outstanding. Common Stock On November 20, 2012, stockholders of the Company approved to increase the authorized shares of common stock from 120,000,000 to 200,000,000 shares, $0.001 par value per share. At September 30, 2016 and December 31, 2015, 108,613,549 and 97,144,736 shares were issued and outstanding, respectively. During the nine months ended September 30, 2016, the Company issued a total of 203,980 shares of common stock valued at $53,914 to directors and consultants as payments of fees. An additional 331,494 shares were issued to employees in lieu of cash compensation. During the nine months ended September 30, 2016, the Company issued 10,933,339 shares of common stock valued at $1,640,000 as part of a private placement.

Note 9 - Options and Warrants t

Note 9 - Options and Warrants to Purchase Common Stock	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Options And Warrants To Purchase Common Stock [Text Block]	NOTE 9 - OPTIONS AND WARRANTS TO PURCHASE COMMON STOCK Outstanding Stock Warrants A summary of the status of the warrants outstanding and exercisable at September 30, 2016 is presented below: Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 1.15 461,340 4.58 $ 1.15 $ 0.25 3,283,283 4.75 $ 0.25 3,744,623 4.73 $ 0.36 No warrants were issued during 2015. The intrinsic value of the outstanding warrants at September 30, 2016 was $0. Outstanding Stock Options On November 20, 2012, the shareholders of the Company approved the adoption of the Applied Minerals, Inc. 2012 Long-Term Incentive Plan (“LTIP”) and the Short-Term Incentive Plan (“STIP”) and the performance criteria used in setting performance goals for awards intended to be performance-based. Under the LTIP, 8,900,000 shares are authorized for issuance. The STIP does not refer to a particular number of shares under the LTIP, but would use the shares authorized in the LTIP for issuance under the STIP. On May 11, 2016, the Board of Directors approved the adoption of the 2016 Long-Term Incentive Plan (“2016 LTIP”). Under the 2016 LTIP 2,000,000 shares are authorized for issuance. The CEO, the CFO, and named executive officers, and directors, among others are eligible to participate in the LTIP, STIP and 2016 LTIP. Prior to the adoption of the LTIP, STIP and 2016 LTIP, stock options were granted under individual arrangements between the Company and the grantees, and approved by the Board of Directors. The fair value of each of the Company's stock option awards is estimated on the date of grant using the Black-Scholes option-pricing model that uses the assumptions noted in the table below. Expected volatility is based on an average of historical volatility of the Company's common stock. The risk-free interest rate for periods within the contractual life of the stock option award is based on the yield curve of a zero-coupon U.S. Treasury Bond on the date the award is granted with a maturity equal to the expected term of the award. The significant assumptions relating to the valuation of the Company's options issued during the three months ended September 30, 2016 and 2015 were as follows on a weighted average basis: 2016 2015 Dividend Yield 0 % 0 % Expected Life (years) 5.0 5.35 Expected Volatility 65.5 % 65.5 % Risk Free Interest Rate 1.20 % 1.84 % A summary of the status and changes of the options granted under stock option plans and other agreements for the nine months ended September 30, 2016 is as follows: Weighted Weighted Average Average Remaining Shares Exercise Price Contractual Life * Outstanding at beginning of period 18,048,827 $ 1.00 5.12 Issued 3,521,488 0.25 4.62 Exercised - 0 - - 0 - - 0 - Forfeited - 0 - - 0 - - 0 - Outstanding at end of period 21,570,315 $ 0.87 4.78 Exercisable at end of period 20,159,472 $ 0.90 4.55 * Measured in years During the nine months ended September 30, 2016, the Company granted 3,521,488 options to purchase the Company’s common stock with a weighted average exercise price of $0.25 and the following vesting schedule. Vesting Information Shares Frequency Begin Date End Date 250,000 Quarterly 01/01/2016 10/01/2016 158,206 Immediately 01/05/2016 01/05/2016 43,885 Immediately 01/06/2016 01/06/2016 32,415 Immediately 01/09/2016 01/09/2016 81,522 Annually 01/19/2017 01/19/2018 81,395 Annually 01/27/2017 01/27/2018 80,000 Annually 01/28/2017 01/28/2018 144,815 Annually 01/29/2017 01/29/2018 35,595 Annually 02/01/2017 02/01/2018 1,763,655 Immediately 05/11/2016 05/11/2016 350,000 Immediately 08/01/2016 08/01/2016 500,000 Monthly 08/15/2016 07/15/2016 The weighted-average grant-date fair value of options granted during the first three quarters of 2016 was $0.197. Compensation expense of $145,832 and $93,750 has been recognized for the vested options for the three months ended September 30, 2016 and 2015, respectively, and $558,055 and $301,597 for the nine months ended September 30, 2016 and 2015, respectively. The aggregate intrinsic value of the outstanding options at September 30, 2016 was $0. At September 30, 2016, $206,638 of unamortized compensation expense for unvested options are expected to be recognized over the next 1.02 years on a weighted average basis.

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 - COMMITMENTS AND CONTINGENCIES Commitments The following table summarizes our contractual obligations as of September 30, 2016 that require us to make future cash payments: Payment due by period Total < 1 year 1 - 3 years Contractual Obligations: Rent obligations $ 39,392 $ 39,392 $ - 0 - Total $ 39,392 $ 39,392 $ - 0 - Contingencies In accordance with ASC Topic 450, when applicable, we record accruals for contingencies when it is probable that a liability will be incurred and the amount of loss can be reasonably estimated. As of September 30, 2016, there is no pending or threatened litigation, which we may become involved in or subject. Routine litigation, claims, disputes, proceedings and investigations in the ordinary course of business could have a material adverse effect on our financial condition, cash flows or results of operations.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Exploration Stage Company [Policy Text Block]	Exploration-Stage Company From 1997 through 2008, the Company’s sole source of revenue and income was derived from its contract mining business through which it provided shaft sinking, underground mine development and mine labor services. At December 31, 2008, the Company discontinued its contract mining efforts due to economic conditions and the desire to concentrate its efforts on the commercialization of the halloysite clay deposit at the Dragon Mine. Effective January 1, 2009, the Company was, and still is, classified as an exploration company as the existence of proven or probable reserves have not been demonstrated. Under the SEC’s Industry Guide 7, a mining company is considered an exploration stage company until it has declared mineral reserves determined in accordance with SEC guidance and rules.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Applied Minerals, Inc. and its inactive subsidiary in northern Idaho.
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 of America (“GAAP”) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. In these condensed consolidated financial statements, the PIK Note derivative liability, stock compensation and the assessment of the possible impairment of long-lived assets involve extensive reliance on management’s estimates. Actual results could differ from those estimates.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with a term of three months or less. The Company minimizes its credit risk by investing its cash and cash equivalents, which sometimes exceeds FDIC limits, with major financial institutions located in the United States with a high credit rating.
Receivables, Policy [Policy Text Block]	Receivables Trade receivables are reported at outstanding principal amounts, net of an allowance for doubtful accounts. Management evaluates the collectability of receivable account balances to determine the allowance, if any. Management considers the other party’s credit risk and financial condition, as well as current and projected economic and market conditions, in determining the amount of the allowance. Receivable balances are written off when management determines that the balance is uncollectable. No allowance was required at September 30, 2016 and 2015.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are carried at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the estimated useful lives of the assets as follows: Estimated Useful Life (in years) Building and Building Improvements 5 - 40 Mining equipment 2 - 7 Office and shop furniture and equipment 3 - 7 Vehicles 5 Depreciation expense for the three months ended September 30, 2016 and 2015 totaled $340,165 and $326,931, respectively. Depreciation expense for the nine months ended September 30, 2016 and 2015 totaled $1,014,585 and $979,836, respectively. The Company currently does not capitalize any amounts to its mineral resources and therefore does not have any depletion expense but we have depletion expense for tax purposes.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value ASC Topic 820, Fair Value Measurement and Disclosures Level 1 – Quoted prices in active markets for identical assets and liabilities; Level 2 – Inputs other than level one inputs that are either directly or indirectly observable; and Level 3 – Unobservable inputs developed using estimates and assumptions, which are developed by the reporting entity and reflect those assumptions that a market participant would use. Liabilities measured at fair value on a recurring basis are summarized as follows: Fair value measurement using inputs Carrying amount Level 1 Level 2 Level 3 September 30, 2016 December 31, 2015 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 197,873 $ 197,873 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 2,685,275 $ 2,685,275 $ 4,876,093 The following table summarizes the activity for financial instruments at fair value using Level 3 inputs: Balance at December 31, 2015 $ 5,138,857 Additions related to the issuance of PIK Notes 169,846 Net unrealized gains included in net (loss) (2,425,555 ) Balance at September 30, 2016 $ 2,883,148 The recorded value of certain financial assets and liabilities, which consist primarily of cash and cash equivalents, receivables, other current assets, and accounts payable and accrued expenses approximates the fair value at September 30, 2016 and December 31, 2015 based upon the short-term nature of the assets and liabilities. Based on borrowing rates currently available to the Company for loans with similar terms, and the remaining short-term period outstanding, the carrying value of notes payable other than PIK Notes approximates fair value. Estimated fair value of the PIK Notes Payable approximate $24,653,831 and $21,789,259, respectively, at September 30, 2016 and December 31, 2015 based on Level 2 inputs. For the Company's PIK Note derivative liabilities, Level 3 fair value hierarchy was estimated using a Monte Carlo Model using the following assumptions: Series 2023 PIK Note derivative liability Fair Value Measurements Using Inputs September 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.15 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 6.83 7.58 Dividend yield $ -0- $ -0- Expected volatility 89.0 % 72.9 % Risk-free interest rate 1.40 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs September 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.15 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 6.83 7.58 Dividend yield $ -0- $ -0- Expected volatility 89.0 % 72.9 % Risk-free interest rate 1.40 % 2.12 %
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-lived Assets The Company periodically reviews the carrying amounts of long-lived assets to determine whether current events or circumstances warrant adjustment to such carrying amounts. Long-lived assets are tested for recoverability whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. When such events occur, the Company compares the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying amount. If this comparison indicates impairment, the amount of the impairment is typically calculated using discounted expected future cash flows where observable fair values are not readily determinable. Considerable management judgment is necessary to estimate the fair value of assets. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less cost to sell.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition Revenue includes sales of halloysite clay and iron oxide, and is recognized when title passes to the buyer and when collectability is reasonably assured. Title passes to the buyer based on terms of the sales contract. Product pricing is determined based on related contractual arrangements with the Company’s customers.
Exploitation Costs, Policy [Policy Text Block]	Mining Exploration and Development Costs Land and mining property are carried at cost. The Company expenses prospecting and mining exploration costs. At the point when a property is determined to have proven and probable reserves, subsequent development costs will be capitalized and will be charged to operations using the units-of-production method over proven and probable reserves. Upon abandonment or sale of a mineral property, all capitalized costs relating to the specific property are written off in the period abandoned or sold and a gain or loss is recognized.
Income Tax, Policy [Policy Text Block]	Income taxes The Company uses an asset and liability approach which results in the recognition of deferred tax liabilities and assets for the expected future tax consequences or benefits of temporary differences between the financial reporting basis and the tax basis of assets and liabilities, as well as operating loss and tax credit carry forwards, using enacted tax rates in effect in the years in which the differences are expected to reverse. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of its deferred tax assets will not be realized. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. A valuation allowance has been provided for the portion of the Company’s net deferred tax assets for which it is more likely than not that they will not be realized. The Company is subject to U.S. federal income tax as well as income tax of certain state jurisdictions. The Company’s practice is to recognize interest and/or penalties related to income tax matters in income tax expense. The Company follows the provision of ASC Topic 740-10, “Income Taxes”, relating to recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken, or expected to be taken, in a tax return. It also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods and requires increased disclosures. This guidance provides that the tax effects from an uncertain tax position can be recognized in our financial statements, only if the position is more likely than not of being sustained on audit, based on the technical merits of the position. As of September 30, 2016, no amounts are included in the financial statements for unrecognized tax benefits.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock Options and Warrants The Company follows ASC 718 (Stock Compensation) and 505-50 (Equity-Based Payments to Non-employees), which provide guidance in accounting for share-based awards exchanged for services rendered and requires companies to expense the estimated fair value of these awards over the requisite service period.
Earnings Per Share, Policy [Policy Text Block]	Per share data Loss per share for the three months ended September 30, 2016 and 2015, respectively, is calculated based on 108,482,042 and 96,482,321 weighted average outstanding shares of common stock. Loss per share for the nine months ended September 30, 2016 and 2015, respectively, is calculated based on 101,231,559 and 95,795,668 weighted average outstanding shares of common stock. At September 30, 2016 and 2015, respectively, the Company had outstanding options and warrants to purchase 25,314,940 and 18,900,062 shares of Company common stock, and had notes payable which were convertible into 38,676,225 and 32,037,587 shares, respectively, of the Company common stock, none of which were included in the diluted computation as their effect would be anti-dilutive.
Environmental Costs, Policy [Policy Text Block]	Environmental Matters Expenditures for ongoing compliance with environmental regulations that relate to current operations are expensed or capitalized as appropriate. Expenditures resulting from the remediation of existing conditions caused by past operations that do not contribute to future revenue generations are expensed. Liabilities are recognized when environmental assessments indicate that remediation efforts are probable and the costs can be reasonably estimated. Estimates of such liabilities are based upon currently available facts, existing technology and presently enacted laws and regulations taking into consideration the likely effects of inflation and other societal and economic factors, and include estimates of associated legal costs. These amounts also reflect prior experience in remediating contaminated sites, other companies’ clean-up experience and data released by The Environmental Protection Agency or other organizations. Such estimates are by their nature imprecise and can be expected to be revised over time because of changes in government regulations, operations, technology and inflation. Recoveries are evaluated separately from the liability and, when recovery is assured, the Company records and reports an asset separately from the associated liability. Based upon management’s current assessment of its environmental responsibilities, it does not believe that any reclamation or remediation liability exists at September 30, 2016.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, the FASB issued new accounting guidance, Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. Accounting Standards Update No. 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted for fiscal years and interim period within those years beginning after December 15, 2016, the original effective date of the standard. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements. In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under Accounting Standards Update 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee's obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee's right to use or control the use of a specified asset for the lease term. The Company is currently evaluating the effect that the new guidance will have on its financial statements and related disclosures. In November 2015, FASB issued Accounting Standards Update 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. Accounting Standards Update 2015-17 simplifies current guidance and requires companies to classify all deferred tax assets and liabilities as noncurrent on the balance sheet. Accounting Standards Update 2015-17 can be applied either prospectively or retrospectively and is effective for periods beginning after December 15, 2016, with early adoption permitted. The Company does not anticipate the new guidance will have a material effect on its financial statements and related disclosures. In August 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-15, which addresses eight specific cash flow issues, including presentation of debt prepayments or debt extinguishment costs, with the objective of reducing the existing diversity in practice. For public entities, the new guidance is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including an adoption in an interim period, with a required retrospective application to each period presented. The Company is currently evaluating this new standard to determine the potential impact to its financial statements and related disclosures. In April 2015, the FASB issued ASU No. 2015-03, with an objective to simplify the presentation of debt issuance costs in financial statements by presenting such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Effective January 1, 2016, the Company adopted ASU No. 2015-03 on a retrospective basis, which did not have material effect on its financial statemenmts.
Reclassification, Policy [Policy Text Block]	Comparative Information We have reclassified certain prior year information to conform with the current year's presentation.

Note 4 - Summary of Significa18

Note 4 - Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	Estimated Useful Life (in years) Building and Building Improvements 5 - 40 Mining equipment 2 - 7 Office and shop furniture and equipment 3 - 7 Vehicles 5
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]	Fair value measurement using inputs Carrying amount Level 1 Level 2 Level 3 September 30, 2016 December 31, 2015 Financial instruments: Series 2023 PIK Note Derivative $ -0- $ -0- $ 197,873 $ 197,873 $ 262,764 Series A PIK Note Derivative $ -0- $ -0- $ 2,685,275 $ 2,685,275 $ 4,876,093
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Balance at December 31, 2015 $ 5,138,857 Additions related to the issuance of PIK Notes 169,846 Net unrealized gains included in net (loss) (2,425,555 ) Balance at September 30, 2016 $ 2,883,148
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]	Series 2023 PIK Note derivative liability Fair Value Measurements Using Inputs September 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.15 $ 0.28 Exercise price $ 1.28 $ 1.36 Term (years) 6.83 7.58 Dividend yield $ -0- $ -0- Expected volatility 89.0 % 72.9 % Risk-free interest rate 1.40 % 2.12 % Series A PIK Note derivative liability Fair Value Measurements Using Inputs September 30, 2016 December 31, 2015 Market price and estimated fair value of stock $ 0.15 $ 0.28 Exercise price $ 0.83 $ 0.92 Term (years) 6.83 7.58 Dividend yield $ -0- $ -0- Expected volatility 89.0 % 72.9 % Risk-free interest rate 1.40 % 2.12 %

Note 6 - Notes Payable (Tables)

Note 6 - Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Debt [Table Text Block]	September 30, December 31, 2016 2015 Note payable for mining equipment, payable $950 monthly, including interest (a) $ - 0 - $ 3,714 Note payable for equipment, payable $1,339 monthly, including interest (b) 31,652 42,235 Note payable for mine site vehicle, payable $628 monthly (c) 7,541 13,196 Note payable to an insurance company, payable $9,055 monthly, including interest (d) - 0 - 60,953 Note payable to an insurance company, payable $18,609 monthly, including interest (e) - 0 - 124,019 39,193 244,117 Less: Current Portion (22,307 ) (210,429 ) Notes Payable, Long-Term Portion $ 16,886 $ 33,688
Schedule of Maturities of Long-term Debt [Table Text Block]	October 2016 - September 2017 $ 22,307 October 2017 - September 2018 15,533 October 2018 - September 2019 1,333 Total Notes Payable $ 39,193

Note 7 - Convertible Debt (PI20

Note 7 - Convertible Debt (PIK Notes) (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Convertible Debt [Table Text Block]	Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 14,071,008 $ 22,977,103 $ 37,048,111 Less: Discount (1,761,939 ) (14,156,077 ) (15,918,016 ) Less: Deferred Financing Cost (5,755 ) (9,870 ) (15,625 ) PIK Note Payable, Net $ 12,303,314 $ 8,811,156 $ 21,114,470 PIK Note Derivative Liability $ 197,873 $ 2,685,275 $ 2,883,148 Series 2023 Notes Series A Notes Total PIK Note Payable, Gross $ 12,762,816 $ 21,882,955 $ 34,645,771 Less: Discount (1,854,894 ) (15,717,991 ) (17,572,885 ) Less: Deferred Financing Cost (7,828 ) (13,422 ) (21,250 ) PIK Note Payable, Net $ 10,900,094 $ 6,151,542 $ 17,051,636 PIK Note Derivative Liability $ 262,764 $ 4,876,093 $ 5,138,857

Note 9 - Options and Warrants21

Note 9 - Options and Warrants to Purchase Common Stock (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Warrants Outstanding and Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (years) Weighted Average Exercise Price $ 1.15 461,340 4.58 $ 1.15 $ 0.25 3,283,283 4.75 $ 0.25 3,744,623 4.73 $ 0.36
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2016 2015 Dividend Yield 0 % 0 % Expected Life (years) 5.0 5.35 Expected Volatility 65.5 % 65.5 % Risk Free Interest Rate 1.20 % 1.84 %
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Weighted Weighted Average Average Remaining Shares Exercise Price Contractual Life * Outstanding at beginning of period 18,048,827 $ 1.00 5.12 Issued 3,521,488 0.25 4.62 Exercised - 0 - - 0 - - 0 - Forfeited - 0 - - 0 - - 0 - Outstanding at end of period 21,570,315 $ 0.87 4.78 Exercisable at end of period 20,159,472 $ 0.90 4.55
Summary Of Vesting Information For Stock Options [Table Text Block]	Vesting Information Shares Frequency Begin Date End Date 250,000 Quarterly 01/01/2016 10/01/2016 158,206 Immediately 01/05/2016 01/05/2016 43,885 Immediately 01/06/2016 01/06/2016 32,415 Immediately 01/09/2016 01/09/2016 81,522 Annually 01/19/2017 01/19/2018 81,395 Annually 01/27/2017 01/27/2018 80,000 Annually 01/28/2017 01/28/2018 144,815 Annually 01/29/2017 01/29/2018 35,595 Annually 02/01/2017 02/01/2018 1,763,655 Immediately 05/11/2016 05/11/2016 350,000 Immediately 08/01/2016 08/01/2016 500,000 Monthly 08/15/2016 07/15/2016

Note 10 - Commitments and Con22

Note 10 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	Payment due by period Total < 1 year 1 - 3 years Contractual Obligations: Rent obligations $ 39,392 $ 39,392 $ - 0 - Total $ 39,392 $ 39,392 $ - 0 -

Note 3 - Liquidity (Details Tex

Note 3 - Liquidity (Details Textual)	Jun. 27, 2016USD ($)$ / shares$ / itemshares	Sep. 30, 2016USD ($)$ / shares	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2015USD ($)
Payment in Kind (PIK) Note [Member]
Interest Payable		$ 1,164,899		$ 1,164,899
Private Placement [Member]
Proceeds from Issuance or Sale of Equity	$ 1,640,000
Number of Units, Issued During Period	10,933,333
Price Per Unit | $ / item	0.15
Stock Issued During Period, Shares, New Issues | shares	10,933,333			10,933,339
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares	3,283,283
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares	$ 0.25
Common Stock Per Unit | shares	1
Warrant Per Unit | shares	0.3
Class of Warrant or Right, Expiration Term	5 years
One Customer [Member] | Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Concentration Risk, Percentage		88.00%		88.00%
One Customer [Member]
Revenues		$ 857,056		$ 2,721,828
Customer Concentration Risk [Member] | Sales Revenue, Net [Member]
Number of Major Customers		1		1
Net Income (Loss) Attributable to Parent		$ (1,810,425)	$ 1,792,956	$ (5,537,720)	$ (5,130,385)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations				(1,950,495)	(6,735,378)
Working Capital		394,179		394,179
Accrued Liquidated Damages		$ 167,841		$ 167,841
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares		$ 0.36		$ 0.36
Revenues		$ 975,328	$ 43,293	$ 3,089,422	$ 271,888

Note 4 - Summary of Significa24

Note 4 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Payment in Kind (PIK) Note [Member]
Convertible Debt, Fair Value Disclosures	$ 24,653,831		$ 24,653,831		$ 21,789,259
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount			38,676,225	32,037,587
Unrecognized Tax Benefits	0		$ 0
Allowance for Doubtful Accounts Receivable	0	$ 0	0	$ 0
Depreciation	$ 340,165	$ 326,931	$ 1,014,585	$ 979,836
Weighted Average Number of Shares Outstanding, Basic and Diluted	108,482,042	96,482,321	101,231,559	95,795,668
Outstanding Options and Warrants to Purchase Common Stock Not Included in Diluted Computation	25,314,940	18,900,062	25,314,940	18,900,062

Note 4 - Summary of Significa25

Note 4 - Summary of Significant Accounting Policies - Property and Equipment (Details)	9 Months Ended
	Sep. 30, 2016
Building and Building Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years
Building and Building Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	40 years
Mining Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	2 years
Mining Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Vehicles [Member]
Property, Plant and Equipment, Useful Life	5 years

Note 4 - Summary of Significa26

Note 4 - Summary of Significant Accounting Policies - Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative liability	$ 0
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative liability	0
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative liability	197,873
Series 2023 PIK Note Derivative Liability [Member]
Derivative liability	197,873	$ 262,764
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative liability	0
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative liability	0
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative liability	2,685,275
Series A PIK Note Derivative Liability [Member]
Derivative liability	$ 2,685,275	$ 4,876,093

Note 4 - Summary of Significa27

Note 4 - Summary of Significant Accounting Policies - Derivatives Measured at Fair Value (Details)	9 Months Ended
	Sep. 30, 2016USD ($)
PIK Note Derivative Liability [Member]
Additions related to the issuance of PIK Notes	$ 169,846
Balance at beginning of year	5,138,857
Net unrealized gains included in net (loss)	(2,425,555)
Balance at end of year	$ 2,883,148

Note 4 - Summary of Significa28

Note 4 - Summary of Significant Accounting Policies - Valuation Assumptions (Details) - Fair Value, Inputs, Level 3 [Member] - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Series 2023 PIK Note Derivative Liability [Member]
Market price and estimated fair value of stock (in dollars per share)	$ 0.15	$ 0.28
Exercise price (in dollars per share)	$ 1.28	$ 1.36
Term (years)	6 years 302 days	7 years 211 days
Expected volatility	89.00%	72.90%
Risk-free interest rate	1.40%	2.12%
Series A PIK Note Derivative Liability [Member]
Market price and estimated fair value of stock (in dollars per share)	$ 0.15	$ 0.28
Exercise price (in dollars per share)	$ 0.83	$ 0.92
Term (years)	6 years 302 days	7 years 211 days
Expected volatility	89.00%	72.90%
Risk-free interest rate	1.40%	2.12%

Note 6 - Notes Payable (Details

Note 6 - Notes Payable (Details Textual) - USD ($)	Oct. 31, 2014	Sep. 20, 2012	Apr. 17, 2012	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Oct. 21, 2015	Oct. 17, 2015
Note Payable Mining Equipment 2 [Member]
Debt Instrument, Face Amount			$ 40,565
Debt Instrument, Interest Rate, Effective Percentage			11.279%
Debt Instrument, Periodic Payment			$ 950
Debt Instrument, Term			4 years
Note Payable, Mining Equipment, Purchased in October 2014 [Member]
Debt Instrument, Face Amount	$ 57,900
Debt Instrument, Periodic Payment	$ 1,339
Debt Instrument, Term	4 years
Debt Instrument, Interest Rate, Stated Percentage	5.20%
Note Payable Mining Site Vehicle [Member]
Debt Instrument, Face Amount		$ 37,701
Debt Instrument, Periodic Payment		$ 628				$ 628		$ 628
Debt Instrument, Term		5 years
Note Payable Insurance Company 1 [Member]
Debt Instrument, Interest Rate, Stated Percentage									11.845%	3.00%
Mining Equipment [Member]
Property, Plant and Equipment, Gross	$ 65,120
Debt Instrument, Periodic Payment, Interest				$ 443	$ 940	$ 4,647	$ 6,894

Note 6 - Notes Payable - Summar

Note 6 - Notes Payable - Summary of Note Payable (Details) - USD ($)		Sep. 30, 2016	Dec. 31, 2015
Note Payable Mining Equipment [Member]
Note payable	[1]	$ 0	$ 3,714
Note Payable Mining Equipment 3 [Member]
Note payable	[2]	31,652	42,235
Note Payable Mining Site Vehicle [Member]
Note payable	[3]	7,541	13,196
Note Payable Insurance Company 2 [Member]
Note payable	[4]	0	60,953
Note Payable Insurance Company 3 [Member]
Note payable	[5]	0	124,019
Note payable		39,193	244,117
Less: Current Portion		(22,307)	(210,429)
Notes Payable, Long-Term Portion		$ 16,886	$ 33,688
[1]	On April 17, 2012, the Company purchased mining equipment for $40,565 by issuing a note with an effective interest rate of 11.279%. The note is collateralized by the mining equipment with payments of $950 for 48 months, which started on May 1, 2012.
[2]	On October 31, 2014, the Company purchased mining equipment for $65,120 by paying deposit and issuing a note in the amount of $57,900 with an interest rate of 5.2%. The note is collateralized by the mining equipment with payments of $1,339 for 48 months, which started on November 30, 2014.
[3]	On September 20, 2012, the Company purchased a vehicle for the mine site for $37,701 by issuing a non-interest bearing note. The note is collateralized by the vehicle with payments of $628 for 60 months, which started on October 20, 2012.
[4]	The Company signed a note payable with an insurance company dated October 21, 2015 for liability insurance, due in monthly installments, including interest at 11.845%.
[5]	The Company signed a note payable with an insurance company dated October 17, 2015 for liability insurance, due in monthly installments, including interest at 3.0%.

Note 6 - Notes Payable - Summ31

Note 6 - Notes Payable - Summary of Note Payable (Details) (Parentheticals) - USD ($)	Sep. 20, 2012	Sep. 30, 2016	Dec. 31, 2015
Note Payable Mining Equipment [Member]
Debt Instrument, Periodic Payment		$ 950	$ 950
Note Payable Mining Equipment 3 [Member]
Debt Instrument, Periodic Payment		1,339	1,339
Note Payable Mining Site Vehicle [Member]
Debt Instrument, Periodic Payment	$ 628	628	628
Note Payable Insurance Company 2 [Member]
Debt Instrument, Periodic Payment		9,055	9,055
Note Payable Insurance Company 3 [Member]
Debt Instrument, Periodic Payment		$ 18,609	$ 18,609

Note 6 - Notes Payable - Future

Note 6 - Notes Payable - Future Minimum Note Payments (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
October 2016 - September 2017	$ 22,307
October 2017 - September 2018	15,533
October 2018 - September 2019	1,333
Total Notes Payable	$ 39,193	$ 244,117

Note 7 - Convertible Debt (PI33

Note 7 - Convertible Debt (PIK Notes) (Details Textual)	May 31, 2016USD ($)	Nov. 03, 2014USD ($)$ / shares	Aug. 05, 2013USD ($)$ / shares	Aug. 31, 2016USD ($)	Jun. 30, 2016USD ($)$ / shares	Feb. 29, 2016USD ($)	Nov. 30, 2015USD ($)	Aug. 31, 2015USD ($)	May 31, 2015USD ($)	Feb. 28, 2015USD ($)	Aug. 31, 2014USD ($)	Feb. 28, 2014USD ($)	Sep. 30, 2016USD ($)$ / shares	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)$ / shares	Dec. 31, 2014USD ($)	Sep. 30, 2016USD ($)$ / shares	Dec. 31, 2015USD ($)
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Result of Anti-Dilution Adjustments after Issuance of Series A Notes [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares			$ 1.36		$ 1.28
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | After Series A Notes Issuance [Member]
Debt Instrument, Convertible, Number of Equity Instruments			7,720,588
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member] | Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)																	$ 1,857,127
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
Debt Instrument, Term			10 years
Debt Instrument, Face Amount			$ 10,500,000										$ 14,071,008		$ 14,071,008		14,071,008	$ 12,762,816
Debt Instrument, Interest Rate, Stated Percentage			10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares			$ 1.40
Debt Instrument, Unamortized Discount													1,761,939		1,761,939		1,761,939	1,854,894
Paid-in-Kind Interest				$ 670,050		$ 638,141		$ 607,753		$ 578,812	$ 551,250	$ 525,000
Debt Instrument, Convertible, Number of Equity Instruments			7,500,000
Financial Instruments Subject to Mandatory Conversion Earliest Conversion			1 year
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Maximum [Member]
Convertible Debt, Number of Written Days Notice		90 days
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Minimum [Member]
Convertible Debt, Number of Written Days Notice		30 days
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Result of Extension Option [Member]
Debt Instrument, Convertible, Conversion Price | $ / shares		$ 0.10
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Specified Event [Member]
Debt Instrument, Interest Rate, Stated Percentage		1.00%
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Combined Discount [Member]
Debt Instrument, Unamortized Discount		$ 16,560,771
Payment in Kind (PIK) Note [Member] | Series A Notes [Member] | Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability													2,685,275		2,685,275		2,685,275
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)															6,527,010
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
Debt Instrument, Term		4 years
Proceeds from Convertible Debt		$ 12,500,000
Debt Instrument, Face Amount		$ 19,848,486											$ 22,977,103		$ 22,977,103		$ 22,977,103	21,882,955
Debt Instrument, Interest Rate, Stated Percentage		10.00%
Debt Instrument, Convertible, Conversion Price | $ / shares		$ 0.92											$ 0.83		$ 0.83		$ 0.83
Debt Instrument, Convertible, Beneficial Conversion Feature		$ 9,212,285
Debt Instrument, Unamortized Discount		$ 7,348,486											$ 14,156,077		$ 14,156,077		$ 14,156,077	15,717,991
Payment in Kind (PIK) Note [Member]
Proceeds from Convertible Debt																$ 23,000,000
Debt Instrument, Face Amount													37,048,111		37,048,111		37,048,111	34,645,771
Debt Instrument, Unamortized Discount													15,918,016		15,918,016		15,918,016	17,572,885
Paid-in-Kind Interest	$ 1,094,148						$ 1,042,045		$ 992,424
Series A PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability													2,685,275		2,685,275		2,685,275
Series A PIK Note Derivative Liability [Member]
Derivative Liability, Fair Value, Gross Liability													2,685,275		2,685,275		2,685,275	4,876,093
Series 2023 PIK Note Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative Liability, Fair Value, Gross Liability													197,873		197,873		197,873
Series 2023 PIK Note Derivative Liability [Member]
Derivative Liability, Fair Value, Gross Liability													197,873		197,873		197,873	262,764
Private Placement [Member]
Stock Issued During Period, Value, New Issues					$ 1,640,000								1,640,000
Debt Instrument, Unamortized Discount													15,918,016		$ 15,918,016		$ 15,918,016	$ 1,572,885
Paid-in-Kind Interest													$ 2,402,340	$ 2,178,990

Note 7 - Convertible Debt (PI34

Note 7 - Convertible Debt (PIK Notes) - Convertible Debt PIK Notes (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015	Nov. 03, 2014	Aug. 05, 2013
Payment in Kind (PIK) Note [Member] | Series 2023 Notes [Member]
PIK Note Payable, Gross	$ 14,071,008	$ 12,762,816		$ 10,500,000
Less: Discount	(1,761,939)	(1,854,894)
Less: Deferred Financing Cost	(5,755)	(7,828)
PIK Note Payable, Net	12,303,314	10,900,094
PIK Note Derivative Liability	197,873	262,764
Payment in Kind (PIK) Note [Member] | Series A Notes [Member]
PIK Note Payable, Gross	22,977,103	21,882,955	$ 19,848,486
Less: Discount	(14,156,077)	(15,717,991)	$ (7,348,486)
Less: Deferred Financing Cost	(9,870)	(13,422)
PIK Note Payable, Net	8,811,156	6,151,542
PIK Note Derivative Liability	2,685,275	4,876,093
Payment in Kind (PIK) Note [Member]
PIK Note Payable, Gross	37,048,111	34,645,771
Less: Discount	(15,918,016)	(17,572,885)
Less: Deferred Financing Cost	(15,625)	(21,250)
PIK Note Payable, Net	21,114,470	17,051,636
PIK Note Derivative Liability	2,883,148	5,138,857
Less: Discount	$ (15,918,016)	$ (1,572,885)

Note 8 - Stockholders' Equity (

Note 8 - Stockholders' Equity (Details Textual) - USD ($)	Jun. 27, 2016	Jun. 30, 2016	Sep. 30, 2016	Dec. 31, 2015	Nov. 20, 2012
Directors and Consultants [Member]
Stock Issued During Period, Shares, Issued for Services			203,980
Stock Issued During Period, Value, Issued for Services			$ 53,914
Private Placement [Member]
Stock Issued During Period, Shares, New Issues	10,933,333		10,933,339
Stock Issued During Period, Value, New Issues		$ 1,640,000	$ 1,640,000
Preferred Stock, Shares Outstanding			0	0
Preferred Stock, Shares Authorized			10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
Common Stock, Shares, Issued			108,613,549	97,144,736
Common Stock, Shares Authorized			200,000,000	200,000,000	120,000,000
Common Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
Common Stock, Shares, Outstanding			108,613,549	97,144,736
Stock Issued During Period, Value, Issued for Services			$ 53,914
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures			331,494

Note 9 - Options and Warrants36

Note 9 - Options and Warrants to Purchase Common Stock (Details Textual) - USD ($)	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	May 11, 2016	Nov. 20, 2012
LTIP [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized									8,900,000
The 2016 Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized								2,000,000
Employee Stock Option [Member]
Allocated Share-based Compensation Expense	$ 145,832			$ 93,750	$ 558,055	$ 301,597
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	0				0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	206,638				$ 206,638
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					1 year 7 days
Warrants Issued		0	0				0
Intrinsic Value of Outstanding Warrants	$ 0				$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross					3,521,488
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price					$ 0.25
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value					$ 0.197

Note 9 - Options and Warrants37

Note 9 - Options and Warrants to Purchase Common Stock - Summary of the Status of the Warrants Outstanding (Details)	9 Months Ended
	Sep. 30, 2016$ / sharesshares
Exercise Price 1 [Member]
Warrants Outstanding and Exercisable Number Outstanding (in shares) | shares	461,340
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	4 years 211 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 1.15
Exercise Price 2 [Member]
Warrants Outstanding and Exercisable Number Outstanding (in shares) | shares	3,283,283
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	4 years 273 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 0.25
Warrants Outstanding and Exercisable Number Outstanding (in shares) | shares	3,744,623
Warrants Outstanding and Exercisable Weighted Average Remaining Contractual Life	4 years 266 days
Warrants Outstanding and Exercisable Weighted Average Exercise Price (in dollars per share) | $ / shares	$ 0.36

Note 9 - Options and Warrants38

Note 9 - Options and Warrants to Purchase Common Stock - Significant Assumptions Relating to the Valuation of Stock Options (Details) - Employee Stock Option [Member]	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Dividend Yield	0.00%	0.00%
Expected Life (years)	5 years	5 years 127 days
Expected Volatility	65.50%	65.50%
Risk Free Interest Rate	1.20%	1.84%

Note 9 - Options and Warrants39

Note 9 - Options and Warrants to Purchase Common Stock - Summary of the Status and Changes of the Options Granted Under the Stock Option Plans and Other Agreements (Details) - $ / shares		9 Months Ended	12 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
Outstanding at beginning of period (in shares)		18,048,827
Outstanding at beginning of period (in dollars per share)		$ 1
Outstanding at beginning of period	[1]	4 years 284 days	5 years 43 days
Issued (in shares)		3,521,488
Issued (in dollars per share)		$ 0.25
Issued	[1]	4 years 226 days
Exercised (in shares)		0
Exercised (in dollars per share)		$ 0
Forfeited (in shares)		0
Forfeited (in dollars per share)		$ 0
Outstanding at end of period (in shares)		21,570,315	18,048,827
Outstanding at end of period (in dollars per share)		$ 0.87	$ 1
Exercisable at end of period (in shares)		20,159,472
Exercisable at end of period (in dollars per share)		$ 0.90
Exercisable at end of period	[1]	4 years 200 days
[1]	Measured in years

Note 10 - Commitments and Con40

Note 10 - Commitments and Contingencies - Summary of Contractual Obligations (Details)	Sep. 30, 2016USD ($)
Contractual Obligations:
Rent obligations, due	$ 39,392
Rent obligations, due in less than one year	39,392
Rent obligations, due in one to three years	0
Total, due	39,392
Total, due in less than one year	39,392
Total, due in one to three years	$ 0