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Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Warrant Derivative Liabilities

The following table presents the assumptions used for the warrant derivative liabilities under the Black-Scholes option-pricing model:

		As of March 31, 2020								As of December 31, 2019
		Strome Warrants				B. Riley Warrants				Strome Warrants				B. Riley Warrants
Expected life			3.21				5.55				3.45				5.80
Risk-free interest rate			0.29	%			0.46	%			1.62	%			1.76	%
Volatility factor			128.74	%			129.92	%			144.54	%			127.63	%
Dividend rate			0	%			0	%			0	%			0	%
Transaction date closing market price		$	0.77			$	0.77			$	0.80			$	0.80
Exercise price		$	0.50			$	1.00			$	0.50			$	1.00

Schedule of Valuation Activity for Warrants Accounted for Derivative Liability

The following table represents the carrying amounts and change in valuation for the Company’s warrants accounted for as a derivative liability and classified within Level 3 of the fair-value hierarchy:

		As of and Three Months Ended March 31, 2020												As of and Three Months Ended March 31, 2019
		Carry Amount at Beginning of Period				Change in Valuation				Carrying Amount at End of Period				Carry Amount at Beginning of Period				Change in Valuation				Carrying Amount at End of Period
L2 Warrants		$	-			$	-			$	-			$	418,214			$	121,026			$	539,240
Strome Warrants			1,036,687				(110,081	)			926,606				587,971				170,144				758,115
B. Riley Warrants			607,513				(29,138	)			578,375				358,050				84,525				442,575
Total		$	1,644,200			$	(139,219	)		$	1,504,981			$	1,364,235			$	375,695			$	1,739,930