Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Details Narrative)

v3.20.2
Notes Payable (Details Narrative) - USD ($)
6 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Debt instrument, unamortized discount $ 685,901  
Proceeds received through a loan funded under the PPP 896,000  
2010 Junior Secured Notes Payable    
Debt Instrument [Line Items]    
Repayment of secured debt 2,800,000  
Payments for accrued interest 920,000  
Debt face amount   $ 2,800,000
Debt instrument, unamortized discount   765,073
2010 Junior Secured Notes Payable | Chairman and Officer    
Debt Instrument [Line Items]    
Debt face amount   $ 197,000
SBA's Payroll Protection Program    
Debt Instrument [Line Items]    
Proceeds received through a loan funded under the PPP $ 896,000  
Term of PPP loan 2 years  
Interest rate 1.00%  
Payment terms Payable monthly from November 2020 through the remainder of the note’s term in equal monthly installments of principal and interest amounting to $50,424.18.  
Security Purchase Agreement | The "2020 Secured Notes"    
Debt Instrument [Line Items]    
Secured notes $ 17,500,000  
Term of secured notes 5 years  
Interest rate terms Bears interest at a rate equal to the sum of (i) the greater of (x) the three (3)-month London Interbank Offered Rate and (y) two percent (2%), plus (ii) a margin of 2% on the outstanding balance of the 2020 Notes, payable quarterly on the first business day of each calendar quarter.  
Conversion price, per share $ 6.00  
Debt instrument, unamortized discount $ 408,631  
Security Purchase Agreement | The "2020 Convertible Noteholders"    
Debt Instrument [Line Items]    
Secured convertible notes, terms and conditions At any time on or prior to January 11, 2022, the Company shall have the right, but not the obligation, to request that one of the 2020 Convertible Noteholders purchase an additional $5,000,000 in aggregate principal amount of Second Closing Notes (as defined in the SPA) and an additional $10,000,000 in aggregate principal amount of additional Third Closing Notes (as defined in the SPA) (together, the “Additional Convertible Notes”), provided that the such 2020 Convertible Noteholder has the right, but not the obligation, to purchase such notes. The terms of the Additional Convertible Notes are the same as the terms of the 2020 Secured Notes, except that: (a) the Additional Convertible Notes would bear interest at a rate equal to the sum of (i) the greater of (x) the three (3)-month London Interbank Offered Rate and (y) 2%, plus (ii) a margin of 7% on their outstanding balance; and (b) only 70% of the Additional Convertible Notes’ principal amount outstanding would be convertible into shares of the Company’s common stock.  
Debt instrument, unamortized discount $ 277,270