Quarterly report pursuant to Section 13 or 15(d)

Stockholder's Equity (Details Textual)

v3.20.1
Stockholder's Equity (Details Textual) - USD ($)
1 Months Ended 3 Months Ended
Mar. 09, 2020
Feb. 25, 2020
Mar. 31, 2020
Mar. 31, 2019
Stock based compensation $ 4,003,835
Put Option Agreement [Member]
Aggregate gross proceeds $ 2,000,000
Purchase price of per option share $ 1.963
Put option agreement, description a) The total number of shares that may be issued under the Agreement will be limited to 19.99% of the Company's outstanding shares on the date the Agreement is signed (the "Exchange Cap"), unless stockholder approval is obtained to issue shares in excess of the Exchange Cap; b) The Company may not issue and the Chairman may not purchase Option Shares to the extent that such issuance would result in the Chairman and his affiliates beneficially owning more than 19.99% of the then issued and outstanding shares of the Company's common stock unless (i) such ownership would not be the largest ownership position in the Company, or (ii) stockholder approval is obtained for ownership in excess of 19.99%; and The Company may not issue and the Chairman may not purchase any Option Shares if such issuance and purchase would be considered equity compensation under the rules of The Nasdaq Stock Market unless stockholder approval is obtained for such issuance.
Put option expires period Apr. 09, 2020
Put option to sale of option shares 1,018,848
Put option purchase price of per share $ 1.963
Total proceeds of option shares 2,000,000
Restricted Stock [Member]
Stock based compensation 113,436
Unrecognized compensation expense $ 214,412
Vesting period 5 months 20 days
Equity Option [Member]
Stock based compensation $ 240,399
Unrecognized compensation expense $ 3,740,379
Vesting period 3 years 7 months 10 days