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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
Summary of Significant Accounting Policies [Abstract]  
Schedule of fair value of financial instruments measured on a recurring basis
  As of September 30, 2018 
Description Total  Level 1  Level 2  Level 3 
Liabilities:            
Warrant liability $817,155  $  $  $817,155 
Premium conversion derivatives  308,395         308,395 
Total liabilities at fair value $1,125,550  $  $  $1,125,550 

 

  As of December 31, 2017 
Description Total  Level 1  Level 2  Level 3 
Liabilities:            
Warrant liability $1,381,465  $  $  $1,381,465 
Premium conversion derivatives  462,174         462,174 
Total liabilities at fair value $1,843,639  $  $  $1,843,639 
Schedule of warrant liability and premium debt conversion derivatives measured at fair value on a recurring basis

 

  2018  2017 
Warrant liability      
Balance as of beginning of period $1,381,465  $345,960 
Value assigned to warrants in connection with convertible promissory and short-term notes  579,873   777,490 

Reclassification to equity

  (1,179,418)   
Change in fair value of warrant liability  35,235   258,015 
Balance as of end of period $817,155  $1,381,465 

 

  2018  2017 
Premium debt conversion derivatives      
Balance as of beginning of period $462,174  $137,650 
Value assigned to the underlying derivatives in connection with convertible promissory and short-term notes  218,052   342,486 
Change in fair value of premium debt conversion derivatives  (371,831)  (17,962)
Balance as of end of period $308,395  $462,174 
Schedule of computation of diluted net loss per share
  2018  2017 
Warrants  2,927,572(1)  189,750(1)
Stock options  368,216   365,716 

 

 

(1)There are additional potential warrants to be included which will be known, if and when a qualified financing event greater than $3 million occurs in the future related to the 2017 Convertible Notes.