Note 13 - Notes Payable (Details Textual)
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1 Months Ended |
8 Months Ended |
12 Months Ended |
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Jan. 16, 2018
USD ($)
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Nov. 02, 2017
USD ($)
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Mar. 31, 2017
USD ($)
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Mar. 03, 2017
USD ($)
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Mar. 01, 2017
USD ($)
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Jul. 01, 2016 |
Jun. 22, 2016
USD ($)
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May 31, 2016
USD ($)
shares
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Mar. 31, 2014
USD ($)
$ / shares
shares
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Dec. 31, 2017
USD ($)
$ / shares
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Nov. 30, 2017
USD ($)
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Dec. 31, 2016
USD ($)
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Jul. 31, 2016
USD ($)
shares
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Jul. 31, 2015
USD ($)
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May 31, 2015
USD ($)
$ / shares
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Mar. 31, 2014
USD ($)
$ / shares
shares
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Jun. 30, 2013
USD ($)
shares
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Dec. 31, 2015
USD ($)
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Dec. 31, 2017
USD ($)
$ / shares
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Dec. 31, 2016
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2014
USD ($)
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Dec. 31, 2013
USD ($)
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Jun. 25, 2013
USD ($)
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Feb. 28, 2017 |
Jul. 31, 2014
USD ($)
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Jul. 31, 2012
USD ($)
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Repayments of Notes Payable |
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$ 59,753,740
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$ 231,453
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$ 30,333,333
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Change in Fair Value of Financial Instruments |
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153,357
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2,858,524
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(614,782)
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Interest Payable, Current |
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$ 5,756,519
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5,756,519
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Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares |
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$ 1.19
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$ 1.19
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Equity Method Investment, Payment Upon Termination of Joint Venture |
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110,000
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Interest Expense, Debt |
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159,000
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5,000
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1,300,000
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Interest Expense Recorded Related to Amortization of Debt Discounts and Deferred Financing Costs |
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134,000
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326,000
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Disposal Group, Including Discontinued Operation, Interest Expense |
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1,706,491
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14,856,404
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5,603,820
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Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months |
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$ 2,400,000
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$ 2,400,000
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R-NAV [Member] |
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Repayments of Notes Payable |
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$ 333,333
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$ 333,333
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Debt Instrument, Face Amount |
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$ 666,666
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Equity Method Investment, Payment Upon Termination of Joint Venture |
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$ 110,000
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110,000
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Equity Method Investment, Forgiven Promissory Note, Amount |
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$ 333,333
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$ 333,333
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R-NAV [Member] | Preferred Stock [Member] |
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Equity Method Investment, Shares Transferred Upon Termination of Joint Venture | shares |
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1,500,000
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1,500,000
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R-NAV [Member] | Common Stock [Member] |
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Equity Method Investment, Shares Transferred Upon Termination of Joint Venture | shares |
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3,500,000
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3,500,000
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Series KK Warrants [Member] |
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Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares |
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$ 1.918
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$ 1.918
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Minimum [Member] |
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Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares |
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0.01
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0.01
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Maximum [Member] |
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Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares |
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$ 3.04
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$ 3.04
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Platinum-Montaur Life Sciences LLC Litigation [Member] | Pending Litigation [Member] |
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Loss Contingency, Damages Sought, Value |
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$ 1,914,827.22
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CRG Loan Agreement, Ohio Case [Member] |
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Release of Cash Held in Escrow |
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$ 2,000,000
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CRG Loan Agreement, Texas Case [Member] |
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Release of Cash Held in Escrow |
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3,000,000
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CRG Loan Agreement, Texas Case [Member] | Pending Litigation [Member] | Subsequent Event [Member] |
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Loss Contingency, Damages Awarded,Value, Requested Modified Amount |
$ 2,900,000
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CRG Loan Agreement, Texas Case [Member] | Judicial Ruling [Member] |
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Loss Contingency, Damages Awarded, Value, Additional Amount |
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7,000,000
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$ 7,000,000
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Loss Contingency, Damages Awarded, Value, Amount not Taken into Consideration |
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4,100,000
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CRG Loan Agreement, Texas Case [Member] | Judicial Ruling [Member] | Subsequent Event [Member] |
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Loss Contingency, Damages Awarded, Value, Amount not Taken into Consideration |
$ 4,100,000
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CRG Loan Agreement, Texas Case [Member] | Judicial Ruling [Member] | Maximum [Member] |
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Loss Contingency, Damages Awarded, Value |
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66,000,000
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66,000,000
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Federal Funds Rate [Member] | R-NAV [Member] |
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Debt Instrument, Interest Rate, Stated Percentage |
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0.31%
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Platinum-Montaur Life Sciences LLC Litigation [Member] |
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Line of Credit Facility, Maximum Borrowing Capacity |
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$ 50,000,000
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Line of Credit Facility, Current Borrowing Capacity |
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$ 35,000,000
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35,000,000
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Line of Credit Facility, Increase Additional Borrowings Terms Not Negotiated |
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15,000,000
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Proceeds from Lines of Credit |
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0
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4,500,000
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$ 0
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$ 4,000,000
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$ 8,000,000
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Debt Instrument, Interest Rate, Stated Percentage |
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10.00%
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10.00%
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10.00%
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10.00%
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InterestRateInAdditionToAmendedAgreement |
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0.125%
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Percentage of VWAP for Conversion Calculation |
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90.00%
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Period of Preceding Date of Conversion Request |
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10 days
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Minimum Revenue from Sales and Licensing for Mandatory Repayment Due |
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$ 2,000,000
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Repayments of Notes Payable |
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$ 4,800,000
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Stock for Stock Conversion Number of Shares Converted | shares |
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2,364.9
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Number of Common Shares Underlying Series B Preferred Stock | shares |
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7,733,223
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Shares Conversion, Number of Common Stock Equivalent to Each Preferred Stock | shares |
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3,270
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Debt Instrument, Convertible, Threshold Trading Days |
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10
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Debt Instrument, Convertible, Stock Price Trigger | $ / shares |
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$ 2.53
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Embedded Derivative, Fair Value of Embedded Derivative Liability |
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153,000
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153,000
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Change in Fair Value of Financial Instruments |
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2,900,000
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(615,000)
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Convertible Debt, Fair Value Disclosures |
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2,000,000
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|
9,600,000
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$ 2,000,000
|
9,600,000
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Interest Expense, Debt, Excluding Amortization |
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265,000
|
1,000,000
|
761,000
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Line of Credit Facility, Decrease Forgiveness Interest Percentage |
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6.00%
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Platinum-Montaur Life Sciences LLC Litigation [Member] | Prime Rate [Member] |
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Debt Instrument, Basis Spread on Variable Rate |
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6.75%
|
6.75%
|
6.75%
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Platinum-Montaur Life Sciences LLC Litigation [Member] | Oxford Financing Rate [Member] |
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Debt Instrument, Basis Spread on Variable Rate |
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0.125%
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Platinum-Montaur Life Sciences LLC Litigation [Member] | Interest Rate Pursuant to CRG Term Loan [Member] |
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Debt Instrument, Basis Spread on Variable Rate |
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0.125%
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Platinum Loan Agreement [Member] | PPCO [Member] |
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Line of Credit Facility, Maximum Borrowing Capacity |
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$ 50,000,000
|
Embedded Derivative, Fair Value of Embedded Derivative Liability |
|
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$ 0
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0
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|
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease) |
|
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$ (153,000)
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Repayments of Debt |
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|
7,700,000
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|
|
|
|
|
|
|
|
|
|
|
|
Convertible Debt |
|
|
|
1,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan Agreement [Member] | Cardinal Health 414 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Letters of Credit Outstanding, Amount |
|
|
|
7,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan Agreement [Member] | CRG [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Letters of Credit Outstanding, Amount |
|
|
|
12,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan Agreement [Member] | CRG [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14.00%
|
|
|
|
|
|
|
|
|
|
14.00%
|
|
|
Interest Expense, Debt, Excluding Amortization |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
553,000
|
1,300,000
|
|
|
|
|
|
|
Repayments of Debt |
|
|
|
59,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 50,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Additional Loans That May Be Made Available Upon the Satisfaction of Certain Conditions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 10,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of Per Annum Interest Paying in Cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of Per Annum Interest as Compounded Interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Number of Quarterly Payments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument Payment Terms Payment Period |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 years
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes Payable |
|
|
|
|
|
|
|
|
|
|
|
51,700,000
|
|
|
|
|
|
$ 51,300,000
|
|
51,700,000
|
51,300,000
|
|
|
|
|
|
|
Debt Instrument, Unamortized Discount (Premium), Net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument End of Term Fee, Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Fee Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Covenant Compliance, Income (Loss) Earnings Before Interest, Taxes, Depreciation, and Amortization, Minimum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Covenant Compliance Sales Revenue Minimum Next Twelve Months |
|
|
|
|
|
|
|
|
|
|
|
22,500,000
|
|
|
|
|
|
|
|
22,500,000
|
|
|
|
|
|
|
|
DebtInstrumentCovenantComplianceTargetRevenueMinimum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 45,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Covenant Compliance Cure Right Ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.5
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Covenant Compliance Liquidity Minimum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Interest Rate in the Event of Default |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Primary Bank Account Cash Taken Possession Of By Creditor |
|
|
|
|
|
|
$ 4,100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Prepayment Premium and Backend Facility Fee on Claims of Default |
|
|
|
|
|
|
3,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payments to Principal Balance of Debt on Claims of Default |
|
|
|
|
|
|
$ 189,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Final Payoff Amount, Threshold Above Which the Reporting Entity Will First Pay Without Resorting to Letter of Credit |
|
|
|
59,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan Agreement [Member] | CRG [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Agreed-upon Final Payoff Amount |
|
|
|
47,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan Agreement [Member] | CRG [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Agreed-upon Final Payoff Amount |
|
|
|
66,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Term Loan Agreement [Member] | CRG [Member] | Accrued Liabilities and Other [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Payable, Current |
|
|
|
|
|
|
|
|
|
|
|
$ 5,800,000
|
|
|
|
|
|
0
|
|
$ 5,800,000
|
$ 0
|
|
|
|
|
|
|
Term Loan Agreement [Member] | CRG [Member] | CRG Loan Agreement, Texas Case [Member] | Judicial Ruling [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repayments of Debt |
|
|
$ 59,000,000
|
$ 59,000,000
|
$ 59,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oxford Finance, LLC [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
|
|
|
|
8.50%
|
|
|
|
|
|
|
8.50%
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
$ 30,000,000
|
|
|
|
|
|
|
$ 30,000,000
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Unamortized Discount (Premium), Net |
|
|
|
|
|
|
|
|
3,000,000
|
|
|
|
|
|
|
3,000,000
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument End of Term Fee, Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,400,000
|
|
|
|
|
|
|
|
|
|
Repayments of Long-term Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 31,700,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Early Redemption Fee Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 289,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Oxford Finance, LLC [Member] | Series KK Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Unamortized Discount (Premium), Net |
|
|
|
|
|
|
|
|
$ 120,000
|
|
|
|
|
|
|
$ 120,000
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares |
|
|
|
|
|
|
|
|
391,032
|
|
|
|
|
|
|
391,032
|
|
|
|
|
|
|
|
|
|
|
|
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares |
|
|
|
|
|
|
|
|
$ 1.918
|
|
|
|
|
|
|
$ 1.918
|
|
|
|
|
|
|
|
|
|
|
|
Notes Payable Issued for Prepayment of Insurance Premiums [Member] | IPFS [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Interest Rate, Stated Percentage |
|
|
|
|
|
|
|
|
|
|
4.00%
|
8.99%
|
|
|
|
|
|
|
|
8.99%
|
|
|
|
|
|
|
|
Debt Instrument, Face Amount |
|
|
|
|
|
|
|
|
|
|
$ 396,000
|
$ 348,000
|
|
|
|
|
|
|
|
$ 348,000
|
|
|
|
|
|
|
|
Debt Instrument, Term |
|
|
|
|
|
|
|
|
|
|
10 years
|
240 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Periodic Payment |
|
|
|
|
|
|
|
|
|
|
$ 40,000
|
$ 45,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|