XML 50 R33.htm IDEA: XBRL DOCUMENT v3.20.2
STOCKHOLDERS' EQUITY (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Aug. 05, 2020
Jun. 22, 2020
Jun. 17, 2020
Jun. 17, 2020
Apr. 16, 2020
Sep. 19, 2019
Sep. 18, 2019
Mar. 15, 2019
Feb. 27, 2019
May 31, 2020
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Jun. 18, 2020
May 29, 2019
Number of common stock issued                     5,584,540   5,584,540   2,239,120    
Proceeds from issuance public offering                         $ 9,023,046      
Fair value of shares issued                     $ 12,207 $ 88,167 $ 29,388 $ 103,167      
Common Stock [Member]                                  
Restricted stock awards granted                       (2,400)   15,200      
Number of shares issued for services                     3,261 14,000 6,596 15,426      
Fair value of shares issued                     $ 4 $ 14 $ 7 $ 16      
Warrant [Member]                                  
Exercise price (in dollars per share)                     $ 3.22   $ 3.22        
Underwriting Agreement [Member] | 2020 Debentures [Member]                                  
Number of common stock issued                     637,513   637,513        
Principal amount                     $ 1,992,000   $ 1,992,000        
Interest expense                         $ 60,802        
Underwriting Agreement [Member] | Representative's Warrants [Member]                                  
Number of warrant issued                     173,913   173,913        
Exercise price (in dollars per share)   $ 5.06                 $ 5.06   $ 5.06        
Warrant term   3 years                 3 years   3 years        
Underwriting Agreement [Member] | 2020 Warrants [Member] | 2020 Debentures [Member]                                  
Number of common stock issued                     179,200   179,200        
Public Offering [Member] | Maxim Group LLC [Member] | Underwriting Agreement [Member]                                  
Number of units issued in transaction       2,173,913                          
Description of units transaction       One share (each a “Share” and collectively, the “Shares”) of the Company’s common stock and a warrant to purchase one share of Common Stock (each a “Warrant” and collectively, the “Warrants”) at an exercise price equal to $4.60 per share of Common Stock.                          
Public offering price (in diollars per share)     $ 4.60 $ 4.60                          
Discount percentage       8.00%                          
Transaction date       Jun. 22, 2020                          
Proceeds from issuance public offering       $ 10,000,000                          
Number of shares issued for services       30,000                          
Fair value of shares issued       $ 124,800                          
Public Offering [Member] | Maxim Group LLC [Member] | Underwriting Agreement [Member] | Common Stock [Member]                                  
Number of shares issued for services       888                          
Fair value of shares issued       $ 3,614                          
Public Offering [Member] | Two Directors [Member] | Underwriting Agreement [Member]                                  
Number of units issued in transaction                         17,800        
Over-Allotment Option [Member]                                  
Number of warrant issued                               325,987  
Over-Allotment Option [Member] | Warrant [Member]                                  
Number of warrant issued   2,499,900                              
Exercise price (in dollars per share)   $ 4.60                              
Warrant term   5 years                              
Over-Allotment Option [Member] | Maxim Group LLC [Member] | Underwriting Agreement [Member]                                  
Number of units issued in transaction   50,000 326,087                            
Proceeds from issuance public offering   $ 232,597                              
Proceeds from Issuance net over-allotment option   $ 9,023,046                              
Over-Allotment Option [Member] | Maxim Group LLC [Member] | Underwriting Agreement [Member] | Warrant [Member]                                  
Number of units issued in transaction   325,987 326,087                            
Restricted Common Stock [Member]                                  
Number of share cancelled                   19,401              
Restricted Common Stock [Member] | Chief Executive Officer (Patrick White) [Member]                                  
Restricted stock awards granted         37,500                        
Deferred salary         $ 150,000                   $ 119,041    
Restricted stock awards vesting period         1 year                        
Restricted Common Stock [Member] | Five Director [Member]                                  
Restricted stock awards granted                         24,000 24,000      
Restricted stock awards vesting period                         1 year 1 year      
Restricted Common Stock [Member] | Three Director [Member]                                  
Number of share cancelled             6,400   6,400                
Restricted Stock Units (RSUs) [Member]                                  
Restricted stock/Restricted stock units, Expense                     $ 142,012 $ 84,434 $ 240,950 $ 168,654      
Restricted Stock Units (RSUs) [Member] | Bridge Financing [Member]                                  
Restricted stock/Restricted stock units, Expense           $ 70,100                      
Restricted stock units issued           20,000                      
Restricted Stock Units (RSUs) [Member] | Consulting Services [Member]                                  
Restricted stock/Restricted stock units, Expense                           $ 77,000      
Restricted stock units issued                           12,000      
Restricted Stock Units (RSUs) [Member] | Private Placement [Member]                                  
Number of common stock issued                     19,208   19,208        
Restricted Stock Units (RSUs) [Member] | Investor Relations and Advisory Agreement [Member]                                  
Restricted stock/Restricted stock units, Expense                         $ 6,596 $ 26,167      
Restricted stock units issued                         29,388 3,426      
Monthly fee               $ 5,000                  
Description of closing price of common shares               The number of shares to be issued will be calculated based on the closing price of our common shares on the first day of each month or the preceding day, if the first were to fall on a weekend or holiday. However, if the stock were to trade below $4.60 per share, the calculation would be based on $4.60.                  
Restricted Stock Units (RSUs) [Member] | Board Of Directors [Member]                                  
Restricted stock/Restricted stock units, Expense                         $ 132,682        
Restricted stock awards granted 230,000                                
Restricted Stock Units (RSUs) [Member] | Board Of Directors [Member] | Warrant [Member]                                  
Number of warrant issued                                 1,435
Cashless exercise of warrants                                 4,000