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Earn-out Milestone Liability (Tables)
 3 Months Ended
Mar. 31, 2020
Hercules Warrant [Member]  
Schedule of Changes in Earn-out Milestone Liability

The following is a summary of the changes in the earn-out milestone liability for the three-month period ended March 31, 2020:

 

Balance at January 1, 2020   $ (5,717,709 )
Non-cash loss from the change in fair value     (41,274 )
Balance at March 31, 2020   $ (5,758,983 )
Schedule of Risk Adjustment Assessment

The following is a schedule of the Company’s risk-adjustment assessment of each milestone:

 

Date  

Risk-adjustment Assessment

of achieving each Milestone

     Discount Rate    

Estimated Time

to Achieve

                 
March 31, 2020     80 %     9 %   1.04 to 2.04 years
December 31, 2019     80 %     9 %   1.12 to 2.12 years
                     
March 31, 2019     80 %     9 %   1.00 to 2.00 years
December 31, 2018     80 %     9 %   1.25 years