Fair Value Measurement - Summary of Assets and Liabilities Measured at Fair Value Recurring and Nonrecurring Basis (Details) - USD ($) |
Dec. 31, 2014 |
Dec. 31, 2013 |
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Derivative liabilites | $ 3,635,294 | $ 9,511,364 |
Warrants payable | 63,533 | 1,216,000 |
Total liabilities | $ 3,698,827 | $ 10,727,364 |
Level 1 [Member] | ||
Derivative liabilites | ||
Warrants payable | ||
Total liabilities | ||
Level 2 [Member] | ||
Derivative liabilites | ||
Warrants payable | ||
Total liabilities | ||
Level 3 [Member] | ||
Derivative liabilites | $ 3,635,294 | $ 9,511,364 |
Warrants payable | 63,533 | 1,216,000 |
Total liabilities | $ 3,698,827 | $ 10,727,364 |
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value of obligations measured on a recurring basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value of financial and nonfinancial obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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