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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Warrant Activity

The following is a summary with respect to warrants outstanding and exercisable at December 31, 2019 and 2018 and activity during the years then ended:

 

    2019     2018  
    Number of Warrants     Weighted Average Exercise Price     Number of Warrants     Weighted Average Exercise Price  
Outstanding at January 1,     1,430,116     $ 4.00       2,645,090     $ 10.98  
Granted     -       -       -       -  
Lapsed/terminated     (209,812 )     20.78       (1,214,974 )     19.20  
                                 
Outstanding at December 31,     1,220,304     $ 1.12       1,430,116     $ 4.00  
Exercisable at December 31,     1,220,304     $ 1.12       1,430,116     $ 4.00  
Weighted average of months remaining             20.7               27.9  

Summary of Stock Option Activity Under Stock Option and Incentive Plans

The following is a summary with respect to options outstanding at December 31, 2019 and 2018 and activity during the years then ended:

 

    2019     2018  
    Number of Options     Weighted Average Exercise Price    

Weighted Average life Remaining

(Years)

    Number of Options     Weighted Average Exercise Price    

Weighted Average life Remaining

(Years)

 
Outstanding at January 1,     782,655     $ 6.66               482,667     $ 10.72          
Granted     -       -               405,000       1.38          
Lapsed/terminated     (204,738 )     7.7                (105,012 )     4.96          
Outstanding at December 31,     577,917     $ 5.01       3.2       782,655     $ 6.66       3.2  
Exercisable at December 31,     408,750     $ 6.50       3.5       490,988     $ 8.30       2.8  
Expected to vest at December 31,     169,167     $ 1.43       3.4       291,667     $ 1.41       4.5  
                                                 
Aggregate intrinsic value of outstanding options at December 31,   $ -                     $ -                  
Aggregate intrinsic value of exercisable options at December 31,   $ -                     $ -                  
Aggregate intrinsic value of options expected to vest at December 31,   $ -                     $ -                  

Schedule of Assumptions Used to Compute the Share-based Compensation Expense for Stock Options and Warrants

The following table shows our weighted average assumptions used to compute the share-based compensation expense for stock options and warrants granted during the year ended December 31, 2018. There were no options or warrants granted for compensation during the year ended December 31, 2019.

 

Volatility     98.20 %
Expected option term     3.6 years  
Risk-free interest rate     2.7 %
Expected forfeiture rate     0.0 %
Expected dividend yield     0.0 %