Note 2 - Summary of Significant Accounting Policies (Tables)
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9 Months Ended |
12 Months Ended |
Sep. 30, 2014
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Dec. 31, 2013
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Accounting Policies [Abstract] |
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Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block] |
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Carrying Values
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Estimated
Fair Value
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Related party Boston Scientific convertible notes payable
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$
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4,338,601
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$
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4,000,842
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Note payable
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3,852,183
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3,852,183
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Junior secured notes payable
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232,405
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2,095,610
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Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
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Quoted Prices in Active Markets
(Level 1)
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Significant
Observable
Inputs (Level 2)
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Significant Unobservable
Inputs (Level 3)
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Total Fair
Value
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September 30, 2014
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Derivative liabilities - warrants
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$
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-
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$
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-
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$
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3,169,679
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$
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3,169,679
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December 31, 2013
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Derivative liabilities - warrants
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$
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-
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$
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-
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$
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3,747,858
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$
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3,747,858
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Quoted Prices in
Active Markets
(Level 1)
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Significant
Observable
Inputs (Level 2)
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Significant
Unobservable
Inputs (Level 3)
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Total Fair
Value
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At December 31, 2013:
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Derivative liability - warrants
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$
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-
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$
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-
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$
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3,747,858
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$
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3,747,858
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Derivative liability - conversion option
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-
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-
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-
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-
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At December 31, 2012:
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Derivative liability - warrants
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$
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-
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$
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-
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$
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2,128,302
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$
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2,128,302
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Derivative liability - conversion option
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-
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-
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789
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789
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Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] |
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As of September 30,
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2014
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2013
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Stock options
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7,554,725
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6,739,877
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Warrants
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13,327,115
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12,203,489
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Shares under convertible note agreements
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-
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542,325
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20,881,840
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19,485,691
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As of December 31,
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2013
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2012
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Stock options
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7,430,225
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6,432,127
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Warrants
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12,136,865
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8,763,836
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Shares under convertible note agreements
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542,325
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4,454,362
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20,109,415
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19,650,325
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