General form of registration statement for all companies including face-amount certificate companies

Notes Payable (Details Narrative)

v3.5.0.2
Notes Payable (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]          
Proceeds from common stock called   $ (140,086) $ 3,503,314
Unamortized discount   2,762,429   $ 2,901,596  
Other offering expenses   $ 166,080      
Brainlab Senior Secured Note Payable [Member]          
Debt Instrument [Line Items]          
Stated interest rate   5.50%   5.50%  
Description of maturity date  

Matures on December 31, 2018.

 

Matures in April 2016.

 
Debt face amount   $ 4,289,444   $ 4,289,444 4,018,139
Description of collateral terms  

The Brainlab Note is collateralized by a senior security interest in the assets of the Company.

 

The Brainlab Note is collateralized by a senior security interest in the assets of the Company.

 
Unamortized discount   $ 64,835   $ 64,836 $ 271,305
Description of payment terms  

Principal and accrued interest is payable in a single installment upon maturity.

 

Principal and accrued interest is payable in a single installment upon maturity.

 
Principal and accrued interest   $ 738,000   $ 677,722  
Private Placement (Securities Purchase Agreements) [Member] | Warrant [Member]          
Debt Instrument [Line Items]          
Proceeds from common stock called $ 3,725,000        
12% Junior Secured Notes Payable 2014 [Member]          
Debt Instrument [Line Items]          
Stated interest rate       12.00% 12.00%
12% Junior Secured Notes Payable 2014 [Member] | Private Placement (Securities Purchase Agreements) [Member]          
Debt Instrument [Line Items]          
Stated interest rate 12.00%        
Debt face amount $ 3,725,000        
Maturity term 5 years        
Debt frequency of periodic payment

Semi-annually

       
Description of collateral terms

The 2014 Secured Notes are collateralized by a security interest in the Company’s property and assets, which security interest is junior and subordinate to the security interest that collateralizes Brainlab note.

       
Unamortized discount $ 413,057 280,919   $ 301,531 $ 369,299
12% Junior Secured Notes Payable 2014 [Member] | Private Placement (Securities Purchase Agreements) [Member] | Warrant [Member]          
Debt Instrument [Line Items]          
Number of each common stock called 0.01        
Warrant exercise price (in dollars per share) $ 52.50        
Fair value $ 413,057        
12% Junior Secured Notes Payable 2014 [Member] | Private Placement (Securities Purchase Agreements) [Member] | Non-Employee Directors [Member]          
Debt Instrument [Line Items]          
Debt face amount 1,100,000        
Fair value 30,210        
Placement agents cash commission $ 145,500        
Number of warrants issued to placement agent 2,425        
Other offering expenses $ 76,186 $ 153,489   $ 166,080