Notes Payable (Details Textual) - USD ($) |
9 Months Ended | |
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Sep. 30, 2018 |
Sep. 30, 2017 |
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Notes Payable (Textual) | ||
Aggregate of deferred debt discount | $ 1,253,390 | |
Amortization of debt discount | 206,039 | $ 59 |
Deferred costs, total | 57,923 | |
Recorded amortization | $ 9,148 | |
Issuance of warrants | 780,500 | |
Note and Warrant Purchase Agreements [Member] | ||
Notes Payable (Textual) | ||
Rate of interest on unsecured promissory notes | 8.00% | |
Aggregate principal amount | $ 3,902,500 | |
Note and Warrant Purchase Agreements [Member] | Officers and directors [Member] | ||
Notes Payable (Textual) | ||
Net aggregate amount of notes purchased by officers | $ 532,500 |
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- Definition The amount of deferred debt discount. No definition available.
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- References No definition available.
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Number of warrants or rights outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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