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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Activities

Following is a summary of the option activities during the years ended December 31, 2017 and 2016:

 

    Number of Units     Weighted
Average
Exercise Price
    Weighted Average
Remaining Contractual
Term (in years)
 
Outstanding, December 31, 2015     729,434     $ 0.12          
Granted     120,971     $ 0.13          
Outstanding, December 31, 2016     850,405     $ 0.08 *     7.58  
Granted     374,542     $ 6.39          
Exercised     (291,402 )   $ 0.0001          
Cancelled     (120,971 )   $ 0.12          
Outstanding, December 31, 2017     812,574     $ 3.01       5.64  
Exercisable, December 31, 2017     396,596     $ 0.57       6.42  

 

* Adjusted due to the change of exercise price of options issued to its Chief Financial Officer effective November 1, 2016.

Schedule of Warrant Activity

Following is a summary of the warrants activities during the years ended December 31, 2017 and 2016:

 

    Number of Units     Weighted
Average
Exercise Price
    Weighted Average
Remaining Contractual
Term (in years)
 
Outstanding, December 31, 2015     820,717     $ 7.7       4.00  
Granted     -     $ -          
Outstanding, December 31, 2016     820,717     $ 7.7       3.00  
Granted     50,000     $ 7.7          
Outstanding, December 31, 2017     870,717     $ 7.7       2.15  
Exercisable, December 31, 2017     820,717     $ 7.7       2.00  

Schedule of Stock Compensation Expenses

For the years ended December 31, 2017 and 2016, the Company recorded the following stock compensation expense:

 

    2017     2016  
Stock options   $ 788,196     $ 464,321  
Warrants     2,150,474       -  
Class A common stock grants     1,302,000       -  
                 
                 
Total stock compensation expense   $ 4,240,670     $ 464,321