Redeemable Convertible Preferred Stock	6 Months Ended
Jun. 30, 2019
Temporary Equity Disclosure [Abstract]
Redeemable Convertible Preferred Stock	9. Redeemable Convertible Preferred Stock In conjunction with the issuance of 1,000,000 shares of Redeemable Convertible Preferred Stock, Series A in May 2012, warrants to purchase 325,000 shares of our common stock (the “Warrants”) were issued. Discount accretion was approximately $30,000 for both the six months ended June 30, 2019 and 2018. The Series A Convertible Preferred Stock accrued cumulative dividends at a rate of 6% per annum payable quarterly in cash or in shares of Common Stock, at the option of the Company. At June 30, 2019 and December 31, 2018, the company had accrued but unpaid dividends totaling $0.08 million which is included in accounts payable and other accrued expenses in the condensed consolidated balance sheets. During the six months ended June 30, 2019 and 2018, the Company issued 21,506 and 22,753 shares of common stock as payment of dividends, respectively. Prior to the completion of the Share Exchange discussed in Note 11, the holders of the Series A Convertible Preferred Stock elected to convert all 1,000,000 shares outstanding into 276,549 shares of common stock (includes effect of 1-for-8 stock split).

Redeemable Convertible Preferred Stock

6 Months Ended

Jun. 30, 2019

Temporary Equity Disclosure [Abstract]

9. Redeemable Convertible Preferred Stock

In conjunction with the issuance of 1,000,000 shares of Redeemable Convertible Preferred Stock, Series A in May 2012, warrants to purchase 325,000 shares of our common stock (the “Warrants”) were issued. Discount accretion was approximately $30,000 for both the six months ended June 30, 2019 and 2018.

The Series A Convertible Preferred Stock accrued cumulative dividends at a rate of 6% per annum payable quarterly in cash or in shares of Common Stock, at the option of the Company. At June 30, 2019 and December 31, 2018, the company had accrued but unpaid dividends totaling $0.08 million which is included in accounts payable and other accrued expenses in the condensed consolidated balance sheets. During the six months ended June 30, 2019 and 2018, the Company issued 21,506 and 22,753 shares of common stock as payment of dividends, respectively.

Prior to the completion of the Share Exchange discussed in Note 11, the holders of the Series A Convertible Preferred Stock elected to convert all 1,000,000 shares outstanding into 276,549 shares of common stock (includes effect of 1-for-8 stock split).