General form of registration statement for all companies including face-amount certificate companies

8. Hybrid Debt Instrument (Tables)

v3.5.0.1
8. Hybrid Debt Instrument (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Assumptions used for derivative liability
   

March 31,

2016

   

December 31,

2015

 
Company stock price   $ 10.23     $ 16.83  
Expected volatility (%)     115%       105%  
Risk-free interest rate (%)     0.52%       0.65%  
    December 31, 2015     July 1, 2015  
Company stock price   $ 16.83     $ 7.26  
Expected volatility (%)     105 %     115 %
Risk-free interest rate (%)     0.65 %     0.28 %