Annual report pursuant to Section 13 and 15(d)

Warrants And Options (Details Narrative)

v3.19.3.a.u2
Warrants And Options (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
May 03, 2019
Mar. 08, 2019
Mar. 05, 2019
Nov. 13, 2018
Aug. 10, 2018
Sep. 08, 2017
Sep. 28, 2018
Jun. 15, 2018
Dec. 31, 2019
Dec. 31, 2018
Nov. 27, 2019
Nov. 15, 2019
Sep. 20, 2019
Jul. 24, 2019
Feb. 26, 2019
Oct. 16, 2018
Jun. 04, 2018
Aug. 05, 2016
Unrecognized compensation cost of non-vested stock options                 $ 165,465                
Aggregate Intrinsic value                 759,645                  
Stock based compensation                 $ 1,458,607 $ 2,570,095                
Common stock shares reserved for future issuance                 1,114,000                
Outstanding warrants to purchase common stock       29,392                            
Extend expiration date       The Company originally issued in connection with an equity financing completed on or about December 31, 2013 to extend the expiration date from December 31, 2018 to December 31, 2019.                            
Proceeds from warrants exercised                   $ 717,917                
Private Placement [Member] | Cotterford [Member]                                    
Exercise price         $ 3.00                          
Expiration date         Aug. 10, 2019                        
Warrants issued to purchase common shares         5,000,000                          
Warrant [Member]                                    
Unrecognized compensation cost of non-vested stock options                 $ 20,335                  
Aggregate Intrinsic value                 $ 348,900                  
Warrant exercise price                   $ 2.40 $ 5.00 $ 2.35 $ 3.00 $ 2.20 $ 2.40 $ 2.00  
Class of warrants or rights outstanding                   29,392 4,167 6,166 1,609,195 754,475 243,903 29,375  
Proceeds to Company if Exercised                 $ 551,700                  
Exercised                   333,528                
Outstanding, December 31, 2019                 $ 2.86 $ 2.33                
Warrant expense                 $ 8,506 $ 22,776                
Warrants [Member] | Cotterford [Member]                                    
Exercise price $ 3.00 $ 2.90                                
Warrant exercise price $ 3.00 $ 2.90                                
Other expenses   $ 196,957                                
Class of warrants or rights outstanding 1,666,667 1,724,138                              
Proceeds to Company if Exercised $ 5,000,000 $ 5,000,000 $ 5,000,000                              
Warrants [Member] | On July 1, 2019 [Member]                                    
Warrant expiration period                 3 years                  
Additional warrant expense                 $ 11,829                  
Warrant exercise price                 $ 2.47                  
Purchase shares of common stock                 125,000                  
Stock option [Member]                                    
Common stock shares reserved for future issuance                                   1,750,000
Warrants granted             25,000                    
Exercise price             $ 4.00                      
Stock per share price             $ 2.59                      
Volatility             77.59%                      
Risk free rate             3.01%                      
Expiry date             Sep. 28, 2019                      
Term             5 years                      
Fair market value             $ 39,733                      
Expected term             6 years                      
Common stock shares increased for future issuance                                   750,000
Outstanding options amendement description                   (i) The expiration date for outstanding options to purchase up to an aggregate of 645,000 shares of the Company’s common stock, granted on August 18, 2014 under the 2011 Plan, was extended for both vesting installments from four (4) years from the vesting date of each installment to a single expiration date of August 18, 2020, (ii) the expiration date for outstanding options to purchase up to an aggregate of 20,000 shares of the Company’s common stock, granted on May 18, 2015 under the 2011 Plan, was extended from four (4) years after the vesting date to May 18, 2021, and (iii) the expiration date for outstanding options to purchase up to an aggregate of 317,000 shares of the Company’s common stock, granted July 23, 2015 under the 2011 Plan, was extended from four (4) years after vesting to five years and six months after vesting, or July 23, 2021.                
Additional options expense             209,308                      
Outstanding, December 31, 2019                 $ 3.42                
Stock option [Member] | Minimum [Member]                                    
Stock options warrants           750,000   750,000                    
Stock option [Member] | Maximum [Member]                                    
Stock options warrants           2,500,000   3,250,000                    
Stock option [Member] | On January 23, 2018 [Member]                                    
Warrants granted                 780,000                  
Exercise price                 $ 4.00                  
Stock per share price                 $ 3.75                  
Volatility                 75.40%                  
Risk free rate                 2.55%                  
Expiry date                 Jan. 23, 2019                  
Term                 5 years                  
Fair market value                 $ 1,930,265                  
Expected term                 6 years                  
Option [Member]                                    
Proceeds from warrants exercised                 $ 16,217,786                  
Outstanding, December 31, 2019                                  
Option [Member] | On February 11, 2019 [Member]                                    
Warrants granted                 730,000                  
Exercise price                 $ 3.25                  
Stock per share price                 $ 3.16                  
Volatility                 77.86%                  
Risk free rate                 2.52%                  
Expiry date                 Feb. 11, 2020                  
Term                 6 years                  
Fair market value                 $ 1,569,816                  
Stock option One [Member]                                    
Proceeds from warrants exercised                 $ 27,258                  
Outstanding options amendement description                   <p style="margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(ii)&#160;the expiration date for outstanding options to purchase up to an aggregate of 20,000 shares of the Company&#8217;s common stock, granted on May&#160;18, 2015 under the 2011 Plan, was extended from four (4) years after the vesting date to May&#160;18, 2021,</font></p>                
Outstanding, December 31, 2019                 $ 2.35