Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments (Tables)

v3.7.0.1
Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2017
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    GPB Warrant-1     GPB Warrant-2     GPB Warrant-3     8760 Enterprises, Inc.     JGB Exchange Warrants  
    March 31, 2017     March 31, 2017     March 31, 2017     March 31, 2017     March 31, 2017     March 31, 2017  
Fair value of Company's common stock   $ 0.03     $ 0.03     $ 0.03     $ 0.03     $ 0.03     $ 0.03  
Volatility     120 %     120 %     120 %     120 %     120 %     120 %
Exercise price     1.75       1.75       1.75       2.00       0.01       0.10  
Estimated life     1.68       1.73       2.12       3.46       0.75       0.75  
Risk free interest rate (based on 1-year treasury rate)     1.15 %     1.15 %     1.39 %     1.72 %     0.97 %     0.97 %
Promissory Note [Member]  
Derivative [Line Items]  
Summary of fair value of embedded feature of convertible debentures using Monte Carlo simulation
    December 31,
2016
 
Principal amount   $ 1,198  
         
Conversion price per share   $ 1.25  
Conversion trigger price per share      None   
Risk free rate     0.44 %
Life of conversion feature (in years)     0.10  
Volatility     135 %
Mid Market Warrants [Member]  
Derivative [Line Items]  
Summary of warrants derivative calculated using the Black-Scholes option pricing model
    March 31,     December 31,  
    2017     2016  
             
Fair value of Company’s common stock   $ 0.03     $ 0.03  
Volatility (closing prices of 3-4 comparable public companies, including the Company’s historical volatility)     120 %     120 %
Exercise price per share     $4.00 - $5.00        $4.00 - $5.00   
Estimated life     1.5 years       1.7 years  
Risk free interest rate (based on 1-year treasury rate)     0.12 %     0.12 %
Forward Investments Convertible Notes [Member]  
Derivative [Line Items]  
Summary of fair value of embedded feature of convertible debentures using Monte Carlo simulation
    March 31, 2017     December 31, 2016  
Principal amount   $ 650     $ 390     $ 771     $ 4,373     $ 3,210     $ 390     $ 1,025     $ 4,373  
                                                                 
Conversion price per share   $ 0.78     $ 0.78     $ 0.78     $ 0.78     $ 0.78     $ 0.78     $ 0.78     $ 0.78  
Risk free rate     1.88 %     1.45 %     0.76 %     0.97 %     1.93 %     1.93 %     0.51 %     0.85 %
Life of conversion feature (in years)     4.8       4.8       0.3       0.8       5.0       5.0       0.3       1.0  
Volatility     120 %     120 %     160 %     160 %     100 %     100 %     135 %     120 %
Smithline Senior Convertible Note Embedded Features [Member]  
Derivative [Line Items]  
Summary of fair value of embedded feature of convertible debentures using Monte Carlo simulation
    March 31, 2017  
Principal amount   $ 117  
         
Conversion price per share   $ 1.25  
Conversion trigger price per share     None  
Risk free rate     0.76 %
Life of conversion feature (in years)     0.25  
Volatility     160 %
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017     December 31, 2016  
Principal amount and guaranteed interest   $ 605     $ 605  
                 
Conversion price per share   $ 0.10     $ 0.10  
Conversion trigger price per share     None       None  
Risk free rate     0.93 %     0.76 %
Life of conversion feature (in years)     0.60       0.80  
Volatility     160 %     120 %
JGB (Cayman) Waltham Ltd [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017     December 31, 2016  
Principal amount   $ 4,451     $ 5,034  
                 
Conversion price per share   $ 0.04     $ 0.20  
Conversion trigger price per share      None      $ 2.00  
Risk free rate     1.31 %     1.31 %
Life of conversion feature (in years)     2.17       2.41  
Volatility     130 %     100 %
JGB (Cayman) Waltham Ltd. One [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017     December 31, 2016  
Principal amount   $ 503     $ 593  
                 
Conversion price per share   $ 0.04     $ 0.20  
Conversion trigger price per share      None      $ 2.00  
Risk free rate     0.91 %     0.62 %
Life of conversion feature (in years)     0.50       0.58  
Volatility     160 %     130 %
Senior Convertible Note One [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017  
Principal amount and guaranteed interest   $ 74  
         
Conversion price per share   $ 0.10  
Conversion trigger price per share     None  
Risk free rate     0.98 %
Life of conversion feature (in years)     0.80  
Volatility     160 %
JGB Concord [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017     December 31, 2016  
Principal amount   $ 241     $ 3,749  
                 
Conversion price per share   $ 0.04     $ 0.20  
Conversion trigger price per share      None      $ 2.00  
Risk free rate     1.31 %     1.31 %
Life of conversion feature (in years)     2.17       2.41  
Volatility     130 %     100 %
JGB One [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    December 31, 2016  
Fair value of Company's common stock   $ 0.03  
Volatility     120 %
Exercise price     0.94  
Estimated life     0.15  
Risk free interest rate (based on 1-year treasury rate)     0.48 %
JGB Highwire Warrants [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017  
Fair value of Company's common stock   $ 0.03  
Volatility     120 %
Exercise price     0.04  
Estimated life     1.66  
Risk free interest rate (based on 1-year treasury rate)     1.15 %
Mefi Lpa Assignment And Assumption Agreement [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017  
Principal amount and guaranteed interest   $ 532  
         
Conversion price per share   $ 0.04  
Conversion trigger price per share     None  
Risk free rate     1.31 %
Life of conversion feature (in years)     2.17  
Volatility     130 %
SRFF Warrant And Derivative [Member]  
Derivative [Line Items]  
Summary of fair value of derivative measurement using the Monte Carlo simulation with assumptions and methodologies
    March 31, 2017     December 31, 2016  
Fair value of Company's common stock   $ 0.03     $ 0.03  
Volatility     120 %     120 %
Exercise price     0.001       0.001  
Estimated life     0.00       0.25  
Risk free interest rate (based on 1-year treasury rate)     0.07 %     0.57 %