Bridge Financing, Notes Payable, Accrued Interest and Cash Payment Obligation (Details Narrative) (USD $)
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3 Months Ended | 6 Months Ended | 12 Months Ended | ||
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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Dec. 31, 2012
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Outstanding principal of bridge notes | $ 4,984,720 | $ 4,984,720 | |||
Notes converted into shares of common stock | 24,923,602 | 24,923,602 | |||
Value of common stock | $ 0.2 | $ 0.2 | |||
Discount amortization to interest expense | 4,764,734 | 741,444 | 6,099,463 | 1,014,813 | 3,927,425 |
Accretion of the debt discount cash payment obligation | 0 | 2,466 | |||
Interest expense | 49,429 | 28,273 | 53,389 | 33,108 | |
Bridge Note [Member]
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Amortization of deferred financing costs | 0 | ||||
Interest expense | 0 | ||||
Bridge Note 1[Member]
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Amortization of deferred financing costs | 65,703 | ||||
Interest expense | 100,857 | ||||
Digimark LLC Secured Subordinated Promissory Note [Member]
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Outstanding principal of bridge notes | 194,658 | 194,658 | |||
Accretion of the debt discount cash payment obligation | 0 | 4,422 | |||
Promissory note outstanding | $ 182,460 | $ 182,460 |
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Custom Element. No definition available.
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No authoritative reference available. No definition available.
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Custom Element. No definition available.
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- Definition
Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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