Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Schedule of Deferred Tax Liability

The following is a rollforward of the Company’s deferred tax liability from January 1, 2019 to March 31, 2019:

	March 31, 2019
Balance – January 1, 2019	$	35,000
Income tax benefit (associated with the amortization of intangible assets)		(1,169	)
Balance - March 31, 2019	$	33,831

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The calculation of the basic and diluted earnings per share is the same for all periods presented, as the effect of the potential common stock equivalents is anti-dilutive due to the Company’s net loss position for all periods presented. Anti-dilutive securities, which are convertible into the Company’s common stock, consist of the following at March 31, 2019 and 2018:

	As of March 31,
	2019		2018
Common stock purchase warrants		200,007		1,350
Convertible preferred shares		-		161,633
Stock options		16,667		-
Convertible notes variable settlement feature		577,503		203,615
Total		794,177		366,598