Notes Payable (Details Narrative) |
12 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Aug. 19, 2019
USD ($)
Integer
Founder
$ / shares
|
Dec. 17, 2018
USD ($)
|
Nov. 14, 2018
USD ($)
shares
|
Nov. 05, 2018
USD ($)
$ / shares
shares
|
Sep. 04, 2018
USD ($)
|
Aug. 31, 2018
USD ($)
shares
|
Jun. 19, 2018
USD ($)
|
Mar. 14, 2018
shares
|
Dec. 31, 2019
USD ($)
shares
|
Dec. 31, 2018
USD ($)
shares
|
Dec. 23, 2019
USD ($)
|
Dec. 21, 2019
shares
|
|
| Promissory note face amount | $ 114,000 | |||||||||||
| Promissory note payable date | Dec. 31, 2020 | Sep. 30, 2018 | Nov. 15, 2018 | |||||||||
| Cash proceeds on the promissory note | $ 652,579 | $ 100,000 | $ 4,815,000 | $ 752,579 | ||||||||
| Interest rate on unsecured promissory note | 1.90% | |||||||||||
| Original issue discount, percentage | 14.00% | |||||||||||
| Promissory note extension fee | 7,500 | |||||||||||
| Amortization of debt discount | 626,546 | 14,000 | ||||||||||
| Interest expense | $ 7,500 | |||||||||||
| Gross proceeds | 750,000 | |||||||||||
| Placement agent fees | 62,850 | |||||||||||
| Legal fees | 30,571 | |||||||||||
| Escrow fees | $ 4,000 | |||||||||||
| Number of warrants issued | shares | 3,070,500 | |||||||||||
| Debt instrument, convertible percentage | 85.00% | |||||||||||
| Debt instrument conversion price | $ / shares | $ 1.00 | |||||||||||
| Fair value of warrant liability | (5,251,852) | $ 14,336,425 | ||||||||||
| Debt issuance cost | 626,546 | |||||||||||
| Debt discount | 1,386,443 | |||||||||||
| Payment of promissory note | $ 114,000 | |||||||||||
| Debt installment, description | The Company shall repay the Principal Amount of the Notes in 12 installments, with the first installment starting on February 1, 2020 (each, an "Installment Date"). Installments 1-3 shall be 1/36th of the Principal Amount, Installments 4-6 shall be 1/18th of the Principal Amount and Installments 7-12 shall be 1/8th of the Principal Amount. The repayment amount shall be payable in cash, or, subject to the satisfaction of equity conditions, at the option of the Company, in registered Common Stock or a combination of cash and registered Common Stock. | |||||||||||
| Debt market price rate | 50.00% | |||||||||||
| Conversion price, description | The shares used to meet a Principal Repayment ("Installment Shares") would be valued at a conversion Price, calculated as the lesser of (i) 85% of the arithmetic average of the three lowest daily VWAPs of the 20 trading days prior to the payment date or (ii) 85% of the VWAP of the trading day prior to payment date ("Installment Price") with a floor of $0.10. | |||||||||||
| Debt instrument trading days | Founder | 20 | |||||||||||
| Percentage to purchase outstanding notes in cash | 125.00% | |||||||||||
| Debt issuance, description | Until the 3 year anniversary of the maturity date, the investor shall have the right (but not the obligation) to participate in 50% of any subsequent equity or debt issuance. | |||||||||||
| Preferred stock, shares authorized | shares | 5,000,000 | 5,000,000 | ||||||||||
| Notes payable - current | $ 4,216,307 | |||||||||||
| Notes payable - long term | $ 2,975,101 | |||||||||||
| Series A Warrant [Member] | ||||||||||||
| Number of warrants issued | shares | 1 | |||||||||||
| Series B Warrant [Member] | ||||||||||||
| Number of warrants issued | shares | 1 | |||||||||||
| Series A Warrants and Series B Warrants [Member] | ||||||||||||
| Fair value of warrant liability | $ 980,375 | $ 3,657,507 | ||||||||||
| Institutional Investor [Member] | Securities Purchase Agreement [Member] | ||||||||||||
| Cash proceeds on the promissory note | $ 11,500,000 | |||||||||||
| Original issue discount, percentage | 15.00% | |||||||||||
| Debt issuance cost | $ 485,000 | |||||||||||
| Description for market capitalization | The Investor Note is subject to optional prepayment at any time at the option of the investor and mandatory prepayment, at the Company's option, subject to certain equity conditions, at any time 45 Trading Days after the effectiveness of a resale registration statement (or otherwise the applicability of Rule 144 promulgated under the Securities Act of 1933, as amended). Notwithstanding the foregoing, the Company may not effect a mandatory prepayment if the shares underlying the Series A Note and the portion of the Series B Note that has become unrestricted exceeds 35% of the market capitalization of the Company. | |||||||||||
| Investor [Member] | ||||||||||||
| Debt instrument conversion price | $ / shares | $ 500,000 | |||||||||||
| Fair value of warrant liability | $ 575,000 | |||||||||||
| Debt installment, description | All amortization payments shall be subject to the Investors' right to (a) defer some or all of any Installment Payment to a subsequent Installment Date; and (b) at any time during an installment period, convert up to four times the installment amount at the Installment Price; provided shares received pursuant to such accelerated conversions shall be subject to a leak-out provision that solely limits sales of such shares received by the investor in such accelerated conversion (and not any other sales) to the greater of (a) $500,000 per trading day or (b) 40% of the volume traded on a given day as reported by Bloomberg LP. | |||||||||||
| Debt market price rate | 40.00% | |||||||||||
| Debt instrument trading days | Integer | 20 | |||||||||||
| Warrants term | 5 years | |||||||||||
| Warrants conversion price percentage | 50.00% | |||||||||||
| Warrants exercise price | $ / shares | $ 1.00 | |||||||||||
| Investor [Member] | Exchange Agreement [Member] | ||||||||||||
| Promissory note face amount | $ 5,500,000 | |||||||||||
| Class B Convertible Preferred Stock [Member] | ||||||||||||
| Stock issued during period, shares | shares | 81,000 | |||||||||||
| Class A Units [Member] | IPO [Member] | Series A Warrant [Member] | ||||||||||||
| Conversion of stock, shares issued | shares | 1,366,768 | |||||||||||
| Class A Units [Member] | IPO [Member] | Series B Warrant [Member] | ||||||||||||
| Conversion of stock, shares issued | shares | 1,366,768 | |||||||||||
| Class A Units [Member] | Holders of Six Promissory Notes [Member] | IPO [Member] | ||||||||||||
| Debt instrument, convertible percentage | 80.00% | |||||||||||
| Conversion of stock, shares issued | shares | 215,625 | |||||||||||
| Debt instrument conversion price | $ / shares | $ 4.00 | |||||||||||
| Class A Units [Member] | Holders of Six Promissory Notes [Member] | IPO [Member] | Series A Warrant [Member] | ||||||||||||
| Conversion of stock, shares issued | shares | 215,625 | |||||||||||
| Class A Units [Member] | Holders of Six Promissory Notes [Member] | IPO [Member] | Series B Warrant [Member] | ||||||||||||
| Conversion of stock, shares issued | shares | 215,625 | |||||||||||
| Class A Units [Member] | Holders of Six Promissory Notes [Member] | IPO [Member] | Series A Warrants and Series B Warrants [Member] | ||||||||||||
| Fair value of warrant liability | $ 295,375 | |||||||||||
| Series D Preferred Stock [Member] | ||||||||||||
| Stock issued during period, shares | shares | ||||||||||||
| Preferred stock, shares authorized | shares | 5,775 | 0 | ||||||||||
| Series D Preferred Stock [Member] | Board of Directors [Member] | ||||||||||||
| Preferred stock, shares authorized | shares | 5,775 | |||||||||||
| Promissory Note [Member] | ||||||||||||
| Interest expense | $ 10,686 | |||||||||||
| 6 Unsecured Promissory Notes [Member] | ||||||||||||
| Promissory note face amount | $ 862,500 | |||||||||||
| Original issue discount, percentage | 15.00% | |||||||||||
| Gross proceeds | $ 750,000 | |||||||||||
| Debt issuance cost | 187,500 | |||||||||||
| Debt discount | $ 209,921 | |||||||||||
| 6 Note Holders [Member] | Placement Agent [Member] | ||||||||||||
| Number of warrants issued | shares | 7,500 | |||||||||||
| 6 Note Holders [Member] | Class B Convertible Preferred Stock [Member] | ||||||||||||
| Stock issued during period, shares | shares | 18,750 | |||||||||||
| Series A Note [Member] | Investor [Member] | ||||||||||||
| Promissory note face amount | $ 6,720,000 | |||||||||||
| Payment of promissory note | 5,000,000 | |||||||||||
| Notes [Member] | Investor [Member] | ||||||||||||
| Promissory note face amount | $ 4,780,000 | |||||||||||
| Original issue discount, percentage | 15.00% | |||||||||||
| Notes Payable [Member] | ||||||||||||
| Notes payable - current | $ 5,602,750 | |||||||||||