Warrants And Options (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Nov. 13, 2018 |
Aug. 10, 2018 |
Sep. 08, 2017 |
Sep. 28, 2018 |
Jun. 15, 2018 |
Dec. 31, 2018 |
Dec. 31, 2017 |
Aug. 05, 2016 |
|
Outstanding warrants to purchase common stock | 29,392 | |||||||
Extend expiration date | <p style="margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">December 31, 2019</font></p> | |||||||
Additional warrant expense | $ 14,198 | |||||||
Proceeds from warrants exercised | $ 717,917 | |||||||
Weighted average remaining contractual life | 7 months 17 days | |||||||
Unrecognized compensation cost of non-vested stock options | $ 150,354 | |||||||
Unrecognized compensation cost of non-vested warrants recognition period | 8 months 26 days | |||||||
Aggregate Intrinsic value | $ 0 | |||||||
Stock based compensation | $ 2,570,095 | $ 2,435,088 | ||||||
Common stock shares reserved for future issuance | 799,000 | |||||||
Private Placement [Member] | Cotterford [Member] | ||||||||
Warrants issued to purchase common shares | 5,000,000 | |||||||
Exercise price | $ 3.00 | |||||||
Expiration date | Aug. 10, 2019 | |||||||
Warrant [Member] | ||||||||
Exercised | (333,528) | |||||||
Expired | (290,535) | |||||||
Outstanding, December 31, 2018 | $ 2.88 | $ 2.36 | ||||||
Unrecognized compensation cost of non-vested stock options | $ 17,012 | |||||||
Unrecognized compensation cost of non-vested warrants recognition period | 2 years | |||||||
Aggregate Intrinsic value | $ 0 | |||||||
Warrant expense | $ 22,776 | $ 54,510 | ||||||
Stock option [Member] | ||||||||
Common stock purchase | 25,000 | |||||||
Exercise price | $ 4.00 | |||||||
Stock per share price | $ 2.59 | |||||||
Expected term | 6 years | |||||||
Volatility | 77.59% | |||||||
Risk free rate | 3.01% | |||||||
Stock option vesting date | Sep. 28, 2019 | |||||||
Term | 5 years | |||||||
Fair market value | $ 39,733 | |||||||
Outstanding options amendement description | <p style="margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(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,</font></p> | |||||||
Additional options expense | 209,308 | |||||||
Stock option One [Member] | ||||||||
Outstanding options amendement description | <p style="margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(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,</font></p> | |||||||
Stock option Two [Member] | ||||||||
Outstanding options amendement description | <p style="margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(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.</font></p> | |||||||
Stock option [Member] | ||||||||
Common stock shares increased for future issuance | 750,000 | |||||||
Common stock shares reserved for future issuance | 1,750,000 | |||||||
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] | 2011 Plan Or 2015 [Member] | ||||||||
Weighted average remaining contractual life | 3 years 6 months 10 days | |||||||
Weighted average exercise price | $ 4.09 | |||||||
Stock option [Member] | On January 23, 2018 [Member] | ||||||||
Common stock purchase | 780,000 | |||||||
Exercise price | $ 4.00 | |||||||
Stock per share price | $ 3.75 | |||||||
Expected term | 6 years | |||||||
Volatility | 75.40% | |||||||
Risk free rate | 2.55% | |||||||
Stock option vesting date | Jan. 23, 2019 | |||||||
Term | 5 years | |||||||
Fair market value | $ 1,930,265 |