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Issuance of Common Stock, Warrants and Convertible Preferred Stock (Tables) | 12 Months Ended
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Dec. 31, 2016
Equity [Abstract] |
Schedule of balance of stockholder's equity |
|  |  |  |  | Shares |  |  |  |  |  |  |  |  | Number of shares of common |  |  |  |  |  |  |
|  | Shares |  |  | Issued and |  |  | Net |  |  | Conversion |  |  | stock |  |  | Liquidation |  |  | Liquidation |
|  | Authorized |  |  | Outstanding |  |  | Proceeds |  |  | Price/Share |  |  | Equivalents |  |  | Preference |  |  | Value/Share |
Series A |  |  | 3,000 |  |  |  | 50 |  |  | $ | 38,932 |  |  | $ | 1.50 |  |  |  | 33,333 |  |  | $ | 125,000 |  |  | $ | 2,500 |
Schedule of warrants Black-Scholes option-pricing model assumption | The estimated fair value of the warrants after relative fair value allocation at issuance was $2,010,502, based on the Black-Scholes option-pricing model using the weighted-average assumptions below:
Volatility |  |  | 75 | %
Risk-free interest rate |  |  | 1.03 | %
Expected term (in years) |  |  | 3.0 |
Expected dividend yield |  |  | - |
Fair value of common stock |  | $ | 1.68 |
Schedule of warrants activity | A summary of activity in warrants is as follows:
|  | Warrants |  |  | Weighted Average Remaining Life |  |  | Weighted Average Exercise Price |  |  | Aggregate Intrinsic Value |
Outstanding at December 31, 2015 |  |  | — |  |  |  | — |  |  | $ | — |  |  | $ | — |
Granted |  |  | 4,306,915 |  |  |  |  |  |  | $ | 2.06 |  |  | $ | - |
Exercised |  |  | (1,451,319 | ) |  |  |  |  |  |  | 1.30 |  |  |  |  |
Forfeited and cancelled |  |  | (315,301 | ) |  |  |  |  |  |  | 2.00 |  |  |  | - |
Outstanding at December 31, 2016 |  |  | 2,540,295 |  |  |  | 2.77 years |  |  | $ | 2.16 |  |  | $ | - |

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- Definition Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(i)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 + Details
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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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