Long-Term Debt (Details Narrative) - USD ($) |
3 Months Ended | |||||
---|---|---|---|---|---|---|
Mar. 30, 2017 |
Mar. 23, 2017 |
Oct. 31, 2014 |
Mar. 31, 2017 |
Mar. 31, 2016 |
Dec. 31, 2016 |
|
Interest expense, debt | $ 254,000 | $ 203,000 | ||||
Extinguishment fair value loss | (1,547,000) | |||||
Debt conversion, converted instrument, amount | 4,222,000 | |||||
Derivative liability | 51,000 | |||||
Exchanged Convertible Note [Member] | ||||||
Exchanged convertible note percentage | 80.00% | |||||
Debt conversion, converted instrument, amount | $ 4,200,000 | |||||
Debt conversion, converted instrument, shares issued | 1,700,000 | |||||
Exchanged Convertible Note and the Senior Secured Convertible Note [Member] | ||||||
Debt instrument, face amount | $ 3,550,000 | |||||
Embedded derivative, fair value of embedded derivative liability | 208,427,000 | |||||
Derivative, loss on derivative | 42,000,000 | |||||
Derivative liability | 50,000 | |||||
Debt issuance costs | 459,195 | |||||
Exchange Agreement [Member] | Senior Secured Convertible Note [Member] | April 18, 2017 [Member] | ||||||
Debt instrument, face amount | $ 3,550,000 | |||||
Conversion price | $ 2.20 | |||||
Exchange Agreement [Member] | Investor [Member] | April 18, 2017 [Member] | ||||||
Debt instrument, face amount | $ 3,550,000 | |||||
Debt conversion, converted instrument, shares issued | 3,800,000 | |||||
RedPath Note [Member] | Exchanged Convertible Note [Member] | ||||||
Debt instrument description | The Exchanged Notes were scheduled to mature at 125% of the face value on the fifteenth month anniversary of the closing date, or June 22, 2018, and bore interest quarterly at one and one hundredth percent (1.01%) per annum (as could be adjusted from time to time). Under the terms of the Exchanged Notes, the Company has the right to require a redemption of a portion (not less than $500,000) or all of the applicable Exchanged Notes prior to their maturity at a price equal to 115% of the principal amount of the Exchanged Notes within the first 180 days of issuance, 120% of the principal amount of the Exchanged Notes between 180 and 270 days of issuance, and 125% of the principal amount of the Exchanged Notes after 270 days of issuance. A mandatory redemption could be required by the Investor in connection with the occurrence of an event of default or change of control. In each event, the redemption price would be subject to a premium on parity, and the Exchanged Convertible Note redemption could be subject to a premium on parity if certain unfavorable conditions existed. | |||||
Debt instrument conversion price description | Exchanged Convertible Note could alternatively be converted (Alternative Conversion) by the Investor at the greater of (i) $0.40 and (ii) lowest of (x) the applicable conversion price as in effect on the applicable conversion date of the applicable Alternative Conversion, and (y) 88% of the lowest volume-weighted average price of the common stock during the 10 consecutive trading day period ending and including the date of delivery of the applicable conversion notice. If the volume-weighted average price of the common stock exceeded 135% of the Fixed Conversion Price, or $3.29, for five consecutive trading days and no equity conditions failure then exists, the Company has the option to convert the Exchanged Convertible Note into shares of common stock at the Fixed Conversion Price. | |||||
Conversion price | $ 2.44 | |||||
Beneficial ownership interest | 9.99% | |||||
Debt conversion, converted instrument, amount | $ 4,220,000 | |||||
Debt conversion, converted instrument, shares issued | 1,730,534 | |||||
Payment of conversion fees percentage | 6.50% | |||||
Conversion fees | $ 137,205,000 | |||||
RedPath Note [Member] | Investor [Member] | Exchanged Convertible Note [Member] | ||||||
Extinguishment fair value loss | $ 800,000 | |||||
Exchanged convertible note percentage | 80.00% | |||||
RedPath Note [Member] | Exchange Agreement [Member] | ||||||
Debt instrument, face amount | $ 9,340,000 | |||||
Principal amount reduction percentage | 55.00% | |||||
Extinguishment fair value loss | $ 800,000 | |||||
RedPath Note [Member] | Exchange Agreement [Member] | Senior Secured Convertible Note [Member] | ||||||
Debt instrument, face amount | 5,300,000 | |||||
RedPath Note [Member] | Exchange Agreement [Member] | Senior Secured Non-Convertible Note [Member] | ||||||
Debt instrument, face amount | 3,550,000 | |||||
RedPath Note [Member] | Exchange Agreement [Member] | Exchanged Non-Convertible Note and Exchanged Notes [Member] | ||||||
Debt instrument, face amount | 8,870,000 | |||||
RedPath Note [Member] | Exchange Agreement [Member] | Investor [Member] | ||||||
Debt instrument, face amount | 8,900,000 | |||||
Business combination cash acquired | $ 9,300,000 | |||||
RedPath Integrated Pathology, Inc [Member] | Note Payable [Member] | ||||||
Interest expense, debt | 200,000 | $ 200,000 | ||||
Debt instrument, unamortized discount | 1,400,000 | |||||
Fair value of debt | 9,300,000 | |||||
Long-term debt | $ 7,900,000 | |||||
Maxim Group LLC [Member] | Senior Secured Convertible Note [Member] | ||||||
Debt instrument, face amount | 8,870,000 | |||||
Cash fees paid | $ 600,000 | |||||
Percentage of cash fee paid | 6.50% | |||||
RedPath Acquisition [Member] | ||||||
Debt instrument, face amount | $ 11,000,000 | |||||
Business combination, consideration transferred, liabilities incurred | $ 7,500,000 |