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Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Activities

Following is a summary of the option activities during the three months ended March 31, 2018:

 

    Number of Units     Weighted 
Average 
Exercise Price
    Weighted Average 
Remaining Contractual 
Term (in years)
 
Outstanding, December 31, 2017     812,574     $ 3.01       5.64  
Granted     927,500     $ 5.10          
Exercised     (29,200 )   $ 0.0001          
Cancelled     (4,495 )   $ 7.00          
Outstanding, March 31, 2018     1,706,379     $ 4.19       5.10  
Exercisable, March 31, 2018     573,955     $ 2.26       5.73  

Schedule of Warrant Activity

Following is a summary of the warrants activities during the three months ended March 31, 2018:

 

    Number of Units     Weighted 
Average 
Exercise Price
    Weighted Average 
Remaining Contractual 
Term (in years)
 
Outstanding, December 31, 2017     1,070,717     $ 7.57       2.12  
Granted     12,000     $ 7.00       1.98  
Outstanding, March 31, 2018     1,082,717     $ 7.56       1.88  
Exercisable, March 31, 2018     1,032,717     $ 7.56       1.75  

Schedule of Stock Compensation Expenses

For the three months ended March 31, 2018 and 2017, the Company recorded the following stock compensation expense:

 

    2018     2017  
Stock options   $ 496,688     $ 47,165  
Warrants     24,226       -  
                 
Total stock compensation expense   $ 520,914     $ 47,165