Equity Transactions (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | |||||
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Jul. 24, 2020 |
Feb. 05, 2020 |
Sep. 30, 2020 |
Apr. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
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Warrant to purchase of common stock | 1,965,594 | 1,965,594 | |||||
Warrant exercise price | $ 1.10 | $ 1.10 | |||||
Value of shares issued for services | $ 230,000 | $ 202,000 | $ 1,126,000 | $ 930,000 | |||
Series A Shareholders [Member] | |||||||
Warrant to purchase of common stock | 2,303,861 | ||||||
Warrant term | 5 years | ||||||
Warrant exercise price | $ 1.20 | ||||||
Fair value derivative liability upon issuance | $ 3,951,000 | ||||||
Vendors [Member] | |||||||
Number of shares issued for services | 962,583 | ||||||
Value of shares issued for services | $ 1,126,000 | ||||||
Common Stock [Member] | |||||||
Sale and issuance of common stock | 12,545,453 | 12,545,453 | 6,549,596 | ||||
Stock issued during period, shares | 4,237,833 | ||||||
Number of shares issued for services | 193,533 | 156,478 | 962,583 | 354,288 | |||
Value of shares issued for services | |||||||
Private Placement [Member] | |||||||
Common per-share price | $ 1.20 | ||||||
Sale and issuance description | The sale and issuance of up to five million shares of our Common Stock at a per-share price of $1.20 (represents a 20% discount to the $1.50 closing price of our Common Stock on that day | ||||||
Cash fee aggregate amount | $ 499,000 | ||||||
Private placement description | Our Private Placement was managed by the Company; however, in connection with our Closings, we paid a non-U.S. based consultant (i) as a cash fee, an aggregate amount of $499,000 (or 10% of the gross proceeds of our Closings), (ii) as a non-accountable expense allowance, an aggregate of $99,000 (or 2% of the gross proceeds of our Closings), (iii) five-year warrants, exercisable for an aggregate of up to 416,199 shares of our Common stock at a cash-only exercise price of $1.92 per share, and (iv) 100,000 shares of our Common Stock. We made the above-referenced payments only in respect of that portion of the gross proceeds from our Closings for investors introduced to us by the consultant. | ||||||
Share based compensation expense | $ 42,000 | ||||||
Private Placement [Member] | Common Stock [Member] | |||||||
Sale and issuance of common stock | 4,237,833 | ||||||
Proceeds sold of common stock | $ 4,444,000 | ||||||
Private Placement [Member] | Maximum [Member] | |||||||
Sale and issuance of common stock | 5,000,000 | ||||||
Public Offering [Member] | Common Stock [Member] | |||||||
Stock issued during period, shares | 12,545,453 | ||||||
Proceeds from issuance of stock | $ 12,337,000 | ||||||
Public Offering [Member] | Common Stock [Member] | Overallotment Option [Member] | |||||||
Stock issued during period, shares | 1,636,363 |
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- Definition Cash fee aggregate amount. No definition available.
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- Definition Common per-share price. No definition available.
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- Definition Private placement description. No definition available.
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- Definition Warrant term. No definition available.
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- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow associated with the amount received from entity's first offering of stock to the public. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Cash received on stock transaction after deduction of issuance costs. No definition available.
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- Definition Description of stock transaction which may include details of the offering (IPO, private placement), a description of the stock sold, percentage of subsidiary's or equity investee's stock sold, a description of the investors and whether the stock was issued in a business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
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- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. No definition available.
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- Definition Number of new stock issued during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders. No definition available.
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