Convertible Debt and Convertible Debt, Related Party (Details Textual) - USD ($) |
1 Months Ended | 3 Months Ended | |
---|---|---|---|
Aug. 05, 2019 |
Mar. 31, 2020 |
Mar. 31, 2019 |
|
Convertible Debt and Convertible Debt, Related Party (Textual) | |||
Amortization of debt discount | $ 64,192 | ||
Unamortized debt discount | 102,192 | ||
Amendment and acknowledgement agreement, description | The convertible notes (the “Notes”) are secured by the assets of the Company and mature on August 23, 2020 (the “Maturity Date”). The Notes are convertible into shares of AESE common stock at any time at a conversion price of $8.50 per share. Further, the minimum interest to be paid under each 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 Notes shall become immediately due and payable upon the written notice of the holder. | ||
Convertible Debt [Member] | |||
Convertible Debt and Convertible Debt, Related Party (Textual) | |||
Amortization of debt discount | 64,192 | ||
Interest expense | $ 682,940 | $ 0 | |
Shares of common stock, description | If any holder elects to convert their Note into common stock, they would be entitled to receive additional shares of common stock 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 Closing Date, the last exchange-reported sale price of common stock trades at or above $13.00 for thirty (30) consecutive calendar days. |