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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of Company Recognized Stock-Based Compensation Expense

For the years ended December 31, 2020 and 2019, the Company recognized stock compensation expense as follows:

 

   Years Ended December 31,
   2020  2019
Cost of services  $2,927   $2,781 
Research and development   62,783    74,841 
General and administrative   231,010    269,292 
Sales and marketing   19,366    25,956 
   $316,086   $372,870 
Schedule of Status of Options Granted

A summary of the status of options granted is presented below as of and for the years ended December 31, 2020 and 2019:

 

  

Number of

Options

 

Weighted-

Average

Exercise

Price

 

Weighted-

Average

Remaining

Contractual

Life (in years)

 

Aggregate

Intrinsic

Value

Outstanding at January 1, 2019   10,578   $411.60    7.6   $522 
Granted   —     $—             
Exercised   —     $—             
Forfeited   (302)  $222.17           
Expired   (622)  $269.87           
Outstanding at December 31, 2019   9,654   $418.10    8.0   $—   
Granted   1,525,000   $2.13           
Exercised   —     $—             
Assumed in business combination   134,371   $48.40           
Forfeited   (3,631)  $21.11           
Expired   (872)  $473.92           
Outstanding at December 31, 2020   1,664,522   $7.99    9.4   $—   
Vested and expected to vest   1,664,522   $7.99    9.4   $—   
Exercisable at December 31, 2020   —     $—      —     $—   
Schedule of Fair Value of Option Grant Estimated Using Black-Scholes Option Pricing Model

The fair value of each option grant was estimated at the date of grant using the Black-Scholes option pricing model based on the assumptions below:

 

    Years Ended December 31, 
    2020    2019 
Annual dividend   —      —   
Expected life (in years)   5.25 - 6.25    —   
Risk free interest rate   0.3%-0.5%    —   
Expected volatility   40.9% - 46.6%    —   
Schedule of Status of Restricted Stock Unit Granted

A summary of the status of restricted stock units granted is presented below as of and for the years ended December 31, 2020 and 2019:

 

  

Number of

Units

 

Weighted-

Average

Grant Date Fair Value

 Unvested at January 1, 2019    12   $623.20 
 Granted    17,150   $8.77 
 Vested    (12)  $623.20 
 Forfeited    (2,175)  $8.80 
 Unvested at December 31, 2019    14,975   $8.76 
 Granted    —     $—   
 Vested    (5,924)  $8.51 
 Forfeited    (933)  $8.84 
 Unvested at December 31, 2020    8,118   $8.93 
Schedule of Warrants to Purchase Shares of Common Stock

At December 31, 2020 and 2019, the following warrants to purchase shares of common stock were outstanding:

 

         Outstanding at December 31,
Issuance 

Exercise

Price

  Expiration  2020 (1)  2019 (1)
 January 2010   $3,955.00    January 2020    —      17 
 March 2010   $3,955.00    March 2020    —      7 
 November 2011   $3,955.00    November 2021    15    15 
 December 2011   $3,955.00    December 2021    2    2 
 February 2015   $3,300.00    February 2025    451    451 
 May 2015   $3,300.00    May 2020    —      6,697 
 May 2016   $656.20    May 2021    9,483    9,483 
 June 2016   $656.20    May 2021    4,102    4,102 
 June 2017   $390.00    June 2022    938    938 
 July 2017   $345.00    July 2022    318    318 
 July 2017   $250.00    July 2022    2,501    2,501 
 July 2017   $212.60    July 2022    50,006    50,006 
 February 2018   $81.25    February 2023    9,232    9,232 
 February 2018   $65.00    February 2023    92,338    92,338 
 October 2019   $2.00    October 2024    359,000    4,700,000 
 October 2019   $2.60    October 2024    235,000    235,000 
 November 2020   $1.94    May 2026    4,842,615    —   
 November 2020   $2.68    May 2026    242,130    —   
                5,848,131    5,111,107 

 

The warrants listed above were issued in connection with various equity, debt, preferred stock or development contract agreements.

 

(1)Warrants to purchase fractional shares of common stock resulting from the reverse stock split on August 22, 2019 were rounded up to the next whole share of common stock on a holder by holder basis.