Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Detail Narrative 1)

v3.3.0.814
Notes Payable (Detail Narrative 1)
1 Months Ended
Nov. 30, 2010
USD ($)
Number
shares
Sep. 30, 2015
USD ($)
Dec. 31, 2014
USD ($)
Debt Instrument [Line Items]      
Common stock fair value | $ $ 2,775,300    
Unamortized discount | $   $ (3,017,961) $ 369,299
Officer [Member]      
Debt Instrument [Line Items]      
Number of unit issued 882,726    
Number of officers and directors | Number 4    
Value of unit issued 247,164    
Non-Employee Directors [Member]      
Debt Instrument [Line Items]      
Number of unit issued 567,203    
Number of officers and directors | Number 3    
Value of unit issued 158,816    
2010 Junior Secured Notes Payable [Member]      
Debt Instrument [Line Items]      
Description of unit

Units consisting of a junior secured note (the “2010 Secured Notes”) and one share of the Company’s common stock.

   
Number of unit issued 10,714,286    
Debt face amount | $ $ 3,000,000    
Description of maturity date

Mature in November 2020

   
Stated interest rate 3.50%    
Description of collateral terms

Collateralized by a security interest in the assets of the Company, which security interest is junior and subordinate to the security interests that collateralize the Brainlab Note and the 2014 Secured Notes.

   
Description of payment terms

Interest on the 2010 Secured Notes will be due and payable in a single payment upon maturity.

   
Unamortized discount | $ $ 2,775,300 $ 2,582,256 $ 2,683,171