Stockholders' Equity (Details Narrative) - USD ($) |
12 Months Ended | ||
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Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
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Number of awards oustanding | 1,639,167 | 1,386,396 | 1,238,199 |
Number of awards granted | 256,601 | 167,500 | |
Unrecognized compensation expense | $ 553,221 | ||
Compensation expense, period for recognition | 1 year 9 months | ||
Offering costs | $ 94,162 | ||
Per share weighted average grant date fair value of options granted | $ 1.72 | $ 0.95 | |
Amended and Restated 2013 Incentive Compensation Plan | |||
Common stock reserved for issuance | 1,956,250 | ||
Number of share available for grant | 475,639 | ||
Number of awards oustanding | 1,086,234 | ||
Number of awards granted | 394,377 | ||
Director | |||
Number of shares issued for services | 29,861 | 57,386 | |
Number of shares issued for services in lieu of cash | $ 117,163 | $ 113,665 | |
Securities Purchase Agreement (the "2019 PIPE") | Accredited Investors | |||
Sale of stock, number of shares issued | 2,426,455 | ||
Offering costs | $ 94,000 | ||
Share price (in dollars per share) | $ 3.10 | ||
Proceeds from issuance of stock | $ 7,500,000 |
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- Definition Aggregate number of common shares reserved for future issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Unrecognized cost of unvested options awarded to employees as compensation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow for cost incurred directly with the issuance of an equity security. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross number of share options (or share units) granted during the period. No definition available.
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. No definition available.
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- Definition Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders. No definition available.
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