XML 37 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Common Stock, Stock Options and Warrants (Details Textual) - USD ($)
 1 Months Ended 3 Months Ended 12 Months Ended
Aug. 13, 2018
Apr. 01, 2018
Dec. 19, 2017
Nov. 07, 2017
Feb. 07, 2017
Mar. 29, 2018
Dec. 31, 2017
Jun. 29, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2017
Sep. 30, 2017
Sep. 30, 2018
Feb. 07, 2018
Common Stock, Stock Options and Warrants (Textual)                            
Warrants sold and issued to investors                 $ 1,125,148          
Proceeds from common stock warrant exercises                 $ 16,000 $ 1,125,148        
Common stock, shares issued                 17,798,791       16,198,791  
Common stock outstanding                 13,593,192          
Stock option purchase grants                 1,260,799          
Stock-based compensation expense                 $ 171,249 $ 290,021        
Recognized over weighted average period                 1 year 9 months 7 days          
Purchase Options Units [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Shares per unit price             $ 9.00 $ 9.00   $ 9.00 $ 9.00      
Number of units sold             38,000 62,667            
Estimated fair value of the warrant granted to the placement agent                     $ 193,860      
Other expense                   $ 96,930   $ 96,930    
Description of unit purchase options             which expires on the earlier of three years after exercise of the Unit Purchase Option Agreement or April 7, 2023. which expires on the earlier of three years after exercise of the Unit Purchase Option Agreement or June 29, 2022.            
Common Stock [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Warrants to purchase common stock 549,020                          
Estimated fair value of the warrant granted to the placement agent $ 491,737                          
Warrants sold and issued to investors $ 8,926,786                          
Exercise price of warrants $ 1.59375                          
Common stock issued for services   10,000     22,000                  
Common stock issued for services fair value   $ 31,000     $ 88,800                  
Stock options to purchase exercised                       4,829    
Stock-based compensation expense                          
Description of warrants The underwriter warrants are exercisable following February 8, 2019 and expire on August 8, 2023. The estimated fair value of the 2,321,569 pre-funded warrants was $2,630,072, and the estimated fair value of the 7,843,138 warrants included in the units and the pre-funded units issued to the investors was $7,311,727.                          
Offering, Description (i) 5,521,569 units, each unit consisting of one share of common stock and one immediately exercisable five-year warrant to purchase one share with an exercise price of $1.15 per share, and (ii) 2,321,569 pre-funded units, each pre-funded unit consists of one pre-funded warrant to purchase one share and one immediately exercisable five-year warrant to purchase one share with an exercise price of $1.15 per share. The pre-funded warrants included in the pre-funded units are immediately exercisable at a price of $0.01 per share and do not expire. The offering price was $1.275 per unit and $1.265 per pre-funded unit.                          
Preferred Stock [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Common stock issued for services                          
Common stock issued for services fair value                          
Stock-based compensation expense                          
Additional Paid-in Capital [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Stock-based compensation expense                 171,249          
Retained Earnings [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Common stock issued for services fair value                          
Stock-based compensation expense                          
Warrant [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Aggregate intrinsic value for the warrants outstanding                 $ 743,216          
Recognized over weighted average period                 3 years 11 months 23 days          
Two Zero One Eigh tPublic Offering [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Common stock exercise price per share                 $ 0.01          
Number of units sold                 1,600,000          
Number of units sold for gross proceeds                 $ 16,000          
Two Zero One Seven Public Offering [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Estimated fair value of the warrant granted to the placement agent                   $ 65,940        
Underwriter payment amount       $ 100,000                    
Common stock issued for services       60,000                    
Common stock issued for services fair value       $ 257,400                    
Other expense       $ 357,400                    
Registered Direct And Private Placement Offering [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Number of units sold for gross proceeds           $ 139,893                
Warrants sold and issued to investors     $ 420,566                      
Warrants issued     89,625                      
Percentage of offering fee     7.00%                      
Registered Direct And Private Placement Offering [Member] | Accredited Investors [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Sale of common stock     1,280,360     669,504                
Warrants sold and issued to investors     $ 6,008,089     $ 1,998,469                
Registered Direct And Private Placement Offering [Member] | Investor [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Estimated fair value of the warrant granted to the placement agent     $ 2,407,276                      
Sale of common stock           669,504                
Warrants sold and issued to investors           $ 1,679,482                
Exercise price of warrants     $ 5.8656                      
Warrants issued     640,180                      
Description of warrants     The Company privately sold and issued to the investors 640,180 immediately exercisable five and a half year warrants with an exercise price of $4.63 per share.     The Company privately sold and issued to investors 669,504 immediately exercisable five and a half year warrants with an exercise price of $2.86 per share.                
Registered Direct And Private Placement Offering [Member] | Placement Agent [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Number of units sold for gross proceeds           $ 46,866                
Estimated fair value of the warrant granted to the placement agent     $ 316,071                      
Other cash expenses related to placements     85,000     $ 85,000                
Sale of common stock           669,504                
Sale of stock price           $ 2.985                
Warrants sold and issued to investors     5,482,523     $ 110,511                
Proceeds from common stock warrant exercises           1,763,576                
Other expense     $ 20,000     $ 10,000                
Warrants issued     89,625     46,866                
Percentage of offering fee           7.00%                
Description of warrants           The Company paid the placement agent for the offering a fee of 7% of the gross proceeds totaling $139,893 and issued the placement agent 46,866 immediately exercisable five year warrants at $3.73125 per share.                
Stock Options [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Weighted average period                 10 years          
Common stock, shares issued             866,667     866,667 866,667      
Common stock outstanding             856,039   1,601,039 856,039 856,039   1,601,039  
Stock options to purchase exercised                          
Stock option purchase grants                 5,799          
Financial advisor warrants were exercised                 4,829          
Aggregate intrinsic value for the warrants outstanding                 $ 68,056          
Stock Options [Member] | Financial Advisor [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Warrants to purchase common stock                   272,767        
Exercise price of warrants             $ 4.125     $ 4.125 $ 4.125      
Financial advisor warrants were exercised             40,834     40,834 40,834      
Cashless basis the issuance of shares of common stock             16,547     16,547 16,547      
Omnibus Stock Incentive Plan [Member]                            
Common Stock, Stock Options and Warrants (Textual)                            
Common stock, shares issued                           2,000,000
Common stock outstanding                 745,000          
Stock option purchase grants                 1,255,000