XML 44 R35.htm IDEA: XBRL DOCUMENT v3.20.1
Related Party Transactions (Details) - USD ($)
1 Months Ended 12 Months Ended
Aug. 14, 2019
Dec. 31, 2018
May 31, 2013
Dec. 31, 2019
Related Party (Textual)        
Related party, description The Company entered into an exchange agreement (the "Exchange Agreement") with Manchester Securities Corp. ("Manchester"), an existing institutional investor and a wholly owned subsidiary of Elliott Associates, L.P. (together with Manchester, "Elliott"), who collectively beneficially own the largest portion of the Company's common stock, pursuant to which Elliott agreed to exchange all of its outstanding warrants, its 10% senior secured convertible note and its shares of Series C-2 preferred stock, Series D preferred stock and Series F preferred stock, and make a cash payment of $2.0 million to the Company, for 100,000 shares of Series G preferred stock (see Notes 6 and 8).      
Aggregate shares amount       1,768,012
Warrant [Member]        
Related Party (Textual)        
Warrant issued     100,000  
Exercise price     $ 0.005  
Description of sale of stock     The warrant had an expiration date of May 30, 2019. In May 2019, to allow the Company and Elliott time to discuss and possibly conclude the Exchange Agreement, the Company extended the expiration date of the warrant to July 1, 2019, which was subsequently extended to August 16, 2019.  
Senior secured convertible note [Member]        
Related Party (Textual)        
Percentage of sale of stock   10.00%    
Aggregate principal amount   $ 7,500,000    
Aggregate shares amount   90,000    
Gross proceeds of common stock   $ 7,500,000    
Grant date of fair value   $ 433,365    
Conversion price   $ 7.50    
Description of sale of stock   The warrant with a grant date fair value of $433,365, is immediately exercisable, has an exercise price of $7.50 per share, subject to adjustment in the event of stock dividends and distributions, stock splits, stock combinations, or reclassifications affecting our common stock, and has a term of five years. The note has a conversion price of $7.50 per share.