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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity

The following summarizes the stock option activity for the years ended December 31, 2019 and 2018:

 

    Options Outstanding     Weighted-Average
Exercise Price
 
Balance as of December 31, 2017     -       -  
Grants of stock options     307,021       3.71  
Awards Canceled     (140,636 )     3.09  
Balance as of December 31, 2018     166,385     $       3.45  
Grants of stock options     295,810       1.09  
Cancelled stock options     (84,968 )     3.82  
Balance as of December 31, 2019     377,227     $ 1.86  

Schedule of Weighted Average Assumptions for Stock Options Granted

The fair value of each stock option is estimated on the date of grant using the Black-Scholes-Merton option pricing model with the following weighted average assumptions for stock options granted during the year ended December 31, 2019:

 

Expected term (years)     2.8  
Expected stock price volatility     153.58 %
Weighted-average risk-free interest rate     1.13 %
Expected dividend   $ 0.00  

Schedule of Stock Options Vested and Expected to Vest

The following summarizes certain information about stock options vested and expected to vest as of December 31, 2019:

 

    Number of     Weighted-Average Remaining Contractual Life     Weighted- Average
Exercise
 
    Options     (In Years)     Price  
Outstanding     377,277       6.64     $ 1.86  
Exercisable     112,100       5.81       3.95  
Expected to vest     265,127       6.99     $ 0.98  

Schedule of Restricted Stock Activity

The following summarizes the restricted stock activity for the years ended December 31, 2019 and 2018:

 

          Weighted-Average  
    Shares     Fair Value  
Balance as of December 31, 2017     -       -  
Shares of restricted stock granted     235,576       3.13  
Exercised     -       -  
Cancelled     (109,144 )             2.47  
Balance as of December 31, 2018     126,432     $ 3.70  
Shares of restricted stock granted     900,203       0.78  
Exercised     (261,135 )     1.67  
Cancelled     (241,163 )     0.95  
Balance as of December 31, 2019     524,337       0.79  

Schedule of Restricted Stock Award

    December 31,  
Number of Restricted Stock Awards   2019     2018  
Vested     57,243       -  
Non-vested     467,094       126,432