Commitments (Details Narrative) - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2019 |
Dec. 31, 2018 |
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| License Agreement | ||
| Royalty expenses | $ 40,000 | $ 40,000 |
| Technical Service and Training Agreements | ||
| Technical research services fees payable in future | 26,347 | 37,146 |
| Software License Agreement | ||
| Royalty expenses | $ 138,000 | $ 107,200 |
| Cardiac EP Business Participation Plan Agreements | ||
| Initial participation interest | 6.60% | |
| Revised participation interest | 0.38% | |
| Termination date | Jun. 30, 2025 | |
| Key Personnel Incentive Program | ||
| 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 in the event of a sale of the 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, KPIP will terminate. | |
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- Definition It refers to the description of sale of company. No definition available.
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- Definition It refers to the percentage of initial participation interest. No definition available.
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- Definition Amount of payment from sale of company during the given period. No definition available.
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- Definition It refers to the percentage of revised participation interest. No definition available.
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- Definition Date when the plan will terminate, in CCYY-MM-DD format. No definition available.
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- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable for professional fees, such as for legal and accounting services received. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense related to royalty payments under a contractual arrangement such as payment for mineral and drilling rights and use of technology or intellectual property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition General descriptive information regarding an arrangement under which employees and directors receive: (a) awards of equity shares, equity share options, or other equity instruments; or (b) the entity incurs liabilities to them: (1) in amounts based, at least in part, on the price of the entity's shares or other equity instruments; or (2) that require or may require settlement by issuance of the entity's shares. Such an arrangement is usually provided to employees and directors to compensate them, provide performance incentives to them, and to attract or retain their services. May also include pertinent information particular to a plan that is not elsewhere specified in the taxonomy. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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