Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate to the net loss before provision for income taxes for the following reasons:

	December 31, 2018			December 31, 2017			July 31, 2017
Net loss before taxes at statutory rate	$	(6,015,352	)	$	919,111		$	2,992,311
Permanent items	1,471,275			4,056			5,828
Temporary items	2,444,934			(698,380		)	385,910
Income tax expense at statutory rate	(2,099,143		)	224,787			3,384,049
Valuation allowance	2,150,426			(55,624		)	(2,833,575		)
Income tax expense per books	$	51,283		$	169,163		$	550,474

Schedule of Deferred Tax Assets and Liabilities

Net deferred tax assets consist of the following components as of: 

	December 31, 2018			December 31, 2017			July 31, 2017
Net operating loss carryover at statutory rate	$	5,753,943		$	2,869,510		$	4,936,604
Stock-based compensation expense	4,939,759			7,404,037			9,922,093
Fixed asset depreciation	—			(353		)	(2,470		)
Intangibles amortization	(1,148		)	(1,012		)	—
Other	2,046,961			(290,775		)	—
Total	$	12,739,515		$	9,981,407		$	14,856,227
Valuation allowance	$	(12,739,515	)	$	(9,981,407	)	$	(14,856,227	)
Net deferred tax asset	$	—		$	—		$	—