Description of the Business and Liquidity (Details Narrative) - USD ($) |
1 Months Ended | 9 Months Ended | |||
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May 31, 2017 |
Sep. 30, 2017 |
Sep. 30, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015 |
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Cumulative net loss | $ (98,954,434) | $ (93,868,764) | |||
Proceeds from issuance of private placement | 13,250,000 | $ 4,255,000 | |||
Cash and cash equivalents | $ 11,028,973 | $ 4,432,421 | $ 3,315,774 | $ 5,408,523 | |
2017 Private Placement [Member] | |||||
Proceeds from issuance of private placement | $ 13,250,000 | ||||
Agents' fees and offering expenses | $ 1,300,000 |
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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