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Share-Based Compensation (Tables)
12 Months Ended
Dec. 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 years ended December 31, 2018 and 2017:

 

    Number of Units     Weighted
Average
Exercise Price
    Weighted Average
Remaining Contractual
Term (in years)
 
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  
Granted     1,019,500     $ 5.08          
Exercised     (29,200 )   $ 0.0001          
Cancelled     (84,850 )   $ 4.81          
Outstanding, December 31, 2018     1,718,024     $ 4.18       4.64  
Exercisable, December 31, 2018     1,133,496     $ 3.68       4.51  

 

*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 warrant activities during the years ended December 31, 2018 and 2017:

 

    Number of Units     Weighted
Average
Exercise Price
    Weighted Average
Remaining Contractual
Term (in years)
 
Outstanding, December 31, 2016                        
Granted     1,070,717     $ 7.57       2.12  
Outstanding, December 31, 2017     1,070,717     $ 7.57       2.12  
Granted     402,657     $ 1.7          
Cancelled     (289,253 )   $ 3.94       1.50  
Outstanding,December 31, 2018     1,184,121     $ 1.90       1.63  
Exercisable, December 31, 2018     835,059     $ 1.68       1.00  

Schedule of Stock Compensation Expenses

For the year ended December 31, 2018 and 2017, the Company recorded the following stock compensation in general and administrative expense:

 

    2018     2017  
Stock options   $ 1,835,293     $ 323,875  
Warrants     149,294       2,718,554  
Class A common stock grants     -       1,302,000  
Total stock compensation expense   $ 1,984,587     $ 4,344,429