Convertible Debt and Convertible Debt, Related Party (Details) - USD ($) |
3 Months Ended | |
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Mar. 31, 2021 |
Mar. 31, 2020 |
|
Convertible Debt and Convertible Debt, Related Party (Textual) | ||
Convertible debt maturity date | Feb. 23, 2022 | |
Amendment and acknowledgement agreement, description | Further, the minimum interest to be paid under each Convertible Bridge Note shall be the greater of (a) 18 months of accrued interest at 12% per annum; or (b) the sum of the actual interest accrued plus 6 months of additional interest at 12% per annum. In the event of default, the Convertible Bridge Notes shall become immediately due and payable upon the written notice of the holder. | |
Note purchase agreements, description | If any holder elects to convert their Convertible Bridge Note into common stock, they would also be entitled to receive additional shares of common stock (“Contingent Consideration Shares”) equal to the product of (i) 3,846,153 shares, multiplied by (ii) that holder’s investment amount, divided by (iii) $100,000,000, if at any time within five years after the August 9, 2019 closing date, the last exchange-reported sale price of common stock trades at or above $13.00 for thirty (30) consecutive calendar days. | |
Interest payable, description | The Company recorded interest expense of $59,138 related to the Convertible Bridge Notes during the three months ended March 31, 2021 and recorded interest expense of $682,940 (including amortization of debt discount of $64,193) during the three months ended March 31, 2020. | |
Amortization of debt discount | $ 3,646 | $ 64,192 |
Monthly redemption payment, description | The Company recorded additional non-cash interest expense in the amount of $46,110 in connection with Monthly Redemption Payments during the three months ended March 31, 2021. | |
Bridge Notes [Member] | ||
Convertible Debt and Convertible Debt, Related Party (Textual) | ||
Interest expense | $ 59,138 | 682,940 |
Amortization of debt discount | $ 64,193 | |
Bridge notes, description | During the three months ended March 31, 2021, the Company issued 529,383 shares of its common stock, as Monthly Redemption Payments in satisfaction of aggregate amount of $581,818 of principal and $93,091 of interest payable owed on the Senior Notes as well as $146,958 of non-cash interest accrued on the Senior Notes. |