Equity Transactions (Details Narrative) - USD ($) |
1 Months Ended | 2 Months Ended | 3 Months Ended | ||||
---|---|---|---|---|---|---|---|
Mar. 31, 2020 |
Feb. 05, 2020 |
May 14, 2020 |
Mar. 31, 2020 |
Mar. 31, 2020 |
Mar. 31, 2020 |
Mar. 31, 2019 |
|
Value of shares issued for services | $ 321,000 | $ 388,000 | |||||
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 | 220,601 | ||||||
Value of shares issued for services | $ 321,000 | ||||||
Subsequent Event [Member] | Vendors [Member] | |||||||
Number of shares issued for services | 87,032 | ||||||
Value of shares issued for services | $ 123,000 | ||||||
Common Stock [Member] | |||||||
Warrant to purchase of common stock | 416,119 | 416,119 | 416,119 | 416,119 | |||
Number of shares issued for services | 320,601 | 39,998 | |||||
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] | Consultant [Member] | |||||||
Number of shares issued for services | 100,000 | ||||||
Private Placement [Member] | Common Stock [Member] | |||||||
Sale and issuance of common stock | 3,392,833 | ||||||
Common stock subscribed | 4,237,833 | 4,237,833 | 4,237,833 | 4,237,833 | |||
Proceeds sold of common stock | $ 3,430,000 | ||||||
Private Placement [Member] | Common Stock [Member] | Subsequent Event [Member] | |||||||
Sale and issuance of common stock | 845,000 | ||||||
Proceeds sold of common stock | $ 1,014,000 | ||||||
Private Placement [Member] | Maximum [Member] | |||||||
Sale and issuance of common stock | 5,000,000 |