Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events (Details)

v3.19.1
Subsequent Events (Details) - Subsequent Event [Member]
1 Months Ended
Apr. 30, 2019
USD ($)
shares
Subsequent Events (Textual)  
Aggregate shares of common stock service | shares 120,812
Aggregate fair value of options granted $ 313,800
Reduced accrued liabilities 313,800
Principal amount $ 1,000,000
Purchase agreement, description The Company entered into a purchase agreement with several institutional investors for the purchase of 1,714,288 units in a registered direct offering, for gross proceeds of approximately $6 million before placement agent fees and other offering expenses payable by the Company. Each unit was sold at a public offering price of $3.50 and consists of one share of common stock and a warrant to purchase one share of common stock at an exercise price of $3.50. The warrants are exercisable at any time for a five-year period. The Company received net cash proceeds of approximately $5.1 million, net of cash paid for placement agent fees and other offering expenses.