Shareholders' Equity (Details Textual) - USD ($) |
1 Months Ended | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 11, 2020 |
Feb. 22, 2019 |
Nov. 18, 2020 |
Sep. 29, 2020 |
Sep. 21, 2020 |
Sep. 02, 2020 |
Jul. 31, 2020 |
Jan. 31, 2019 |
Jan. 22, 2019 |
Oct. 09, 2017 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
Stockholders' Deficit (Textual) | ||||||||||||
Shares issued | 2,820,000 | |||||||||||
Options for purchase | 1,225,000 | |||||||||||
Warrants for purchase | 2,115,000 | 225,000 | 1,354 | 65,130 | 300,000 | 226,354 | ||||||
Weighted average fair value | $ 1.13 | |||||||||||
Equity-based compensation expense | $ 1,420,505 | |||||||||||
Outstanding options intrinsic value | $ 339,520 | |||||||||||
Common stock exercise price | $ 2.00 | $ 4.99 | $ 3.75 | |||||||||
Exercise price | $ 2.00 | $ 0.005 | ||||||||||
Weighted average remaining vesting period | 2 years 4 months 17 days | |||||||||||
Common stock issued price | $ 710,792 | $ 523,745 | ||||||||||
Common stock, shares outstanding | 14,393,100 | 10,368,352 | ||||||||||
Unregistered shares of common stock | 22,311 | 250,000 | ||||||||||
Common stock, description | The Company concluded a follow-on offering of 2,475,000 shares of common stock and warrants to purchase 1,856,250 shares of common stock at an exercise price of $4.0625 per share. The shares of common stock and accompanying warrants were sold to the public at a price of $3.25 per share and warrant. The underwriters were granted an over-allotment option to purchase up to 371,250 shares of common stock and warrants to purchase 278,437 shares of common stock at a price of $3.25 per share of common stock and warrant. The underwriters partially exercised their over-allotment option by purchasing 370,000 shares of common stock and warrants to purchase 277,500 shares common stock. Gross proceeds of the offering, totaled $9,246,249, which after offering expenses, resulted in net proceeds of $8,195,673. | |||||||||||
Common stock market price | $ 1.85 | |||||||||||
Proceeds of offering, description | Gross proceeds of the offering, totaled $5,217,000, which after offering expenses, resulted in net proceeds of $4,657,215. | |||||||||||
Cash payment for warrants | $ 450,000 | $ 8 | $ 450,008 | |||||||||
Unrecognized compensation expense | $ 2,344,035 | |||||||||||
Consultants Services [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Shares issued | 175,000 | 446,251 | ||||||||||
Warrants for purchase | 91,705 | |||||||||||
Common stock cost | $ 295,750 | |||||||||||
Consultants at a total cost | $ 710,792 | |||||||||||
Common Stock [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Common stock issued price | $ 446 | $ 234 | ||||||||||
Common stock issued, shares | 446,251 | 234,437 | ||||||||||
Private Placement [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Unregistered shares of common stock | 357,143 | |||||||||||
Gross proceeds | $ 500,000 | |||||||||||
Private Placement [Member] | Common Stock [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Common stock market price | $ 1.40 | |||||||||||
Option [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Common stock shares available for issuance | 2,171,382 | |||||||||||
Common stock, shares outstanding | 2,529,180 | |||||||||||
2017 Equity Incentive Plan [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Common stock issued, shares | 5,500,000 | 1,750,000 | 799,438 | |||||||||
Consultant [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Fair value of assumptions, description | This table includes warrants to purchase 91,705 shares of common stock issued to consultants, with a total fair value of $110,303 at time of issue, calculated using the Black Scholes model assuming an underlying security values ranging from $1.30 to 2.03 and volatility rate of 103.83%, a risk-free rate of 0.49%, and an expected term of 1.5 years. | |||||||||||
Officers and Director [Member] | ||||||||||||
Stockholders' Deficit (Textual) | ||||||||||||
Common stock issued price | $ 468,750 |