Annual report pursuant to Section 13 and 15(d)

Commitments (Details Narrative)

v3.8.0.1
Commitments (Details Narrative) - USD ($)
12 Months Ended
Oct. 06, 2017
Dec. 31, 2017
Dec. 31, 2016
Rent expense   $ 92,000 $ 92,000
Compensation expenses   $ 1,245,601 1,187,100
Key Personnel Incentive Program [Member]      
Description of participants  

Two participants, one a consultant to the Company and a former non-employee director of the Company, and the other a former employee of the Company.

 
Payment from sale of company   $ 1,000,000  
Description of sale of company transaction  

One of the participants will be entitled to receive a payment equal to $700,000 in the event the net proceeds from a sale of the Company exceeds $50,000,000. If a sale of the Company has not occurred by December 31, 2025, the KPIP will terminate.

 
Technical Service and Training Agreements [Member]      
Technical research services fees payable in future   $ 17,000 $ 45,000
Cardiac EP Business Participation Plan Agreements [Member]      
Initial participation interest   6.60%  
Revised participation interest   0.48%  
Separation Agreement [Member] | Mr. Francis P. Grillo [Member]      
Number of unregistered shares of common stock 87,500    
Lump sum payment $ 15,000    
Transition and consulting services fees (per month) 30,000    
Annual bonus   $ 109,000  
Employment Agreement [Member] | Mr. Joseph M. Burnett [Member]      
Base salary $ 360,000    
Description of annual target incentive bonus

Mr. Burnett will be eligible to receive an annual target incentive bonus of 40% of his annual base salary, subject to certain performance goals to be established by the Compensation Committee of the Board of Directors.

   
Relocation expenses $ 50,000    
Initial signing bonus amount $ 100,000    
Compensation expenses   $ 44,000  
Employment Agreement [Member] | Mr. Joseph M. Burnett [Member] | Non-qualified Stock Option [Member]      
Number of shares issued 350,000    
Exercise price (in dollars per share) $ 2.50    
Employment Agreement [Member] | Mr. Joseph M. Burnett [Member] | Restricted Stock [Member]      
Number of shares issued 200,000