XML 67 R55.htm IDEA: XBRL DOCUMENT v3.19.1
Stockholder's Equity (Details Narrative) - USD ($)
3 Months Ended
Jan. 11, 2019
Jan. 02, 2019
Mar. 31, 2019
Mar. 31, 2018
Jan. 29, 2015
Stock issued during period, value, issued for services     $ 5,476    
Preferred stock shares outstanding     0    
Option granted        
Vesting period of option     5 years    
Aggregate intrinsic value of options outstanding     $ 207,180    
Number of unvested options     419,489    
Aggregate grant date fair value unvested options     $ 1,130,921    
Aggregate intrinsic value of unvested options     $ 118,576    
Number of vested options     69,903    
Additional option granted        
Period of compensation cost related to stock options not yet recognized     2 years 2 months 23 days    
Warrants issued     146,262    
Fair value of warrants     $ 133,537    
2016 Equity Incentive Plan [Member]          
Number of shares available for grant   2,030,775      
Outstanding capital stock shares percentage   8.00%      
Option granted     904,249    
Number of RSU's issued     234,118    
Vesting period of option     5 years    
2015 Equity Incentive Plan [Member]          
Number of shares available for grant         50,000
Number of options issued     49,584    
Description of vesting percentage     Options vest at the rate of at least 25 percent in the first year, starting 6-months after the grant date, and 75% in year two.    
Stock Option [Member]          
Stock compensation expenses     $ 191,856 $ 174,744  
Series A Preferred Stock [Member]          
Preferred stock stated value     $ 1,000    
Fixed conversion price per share     $ 4.50    
Preferred stock accrued dividend rate     8.00%    
Description of participation rights     Dividends are payable quarterly in arrears at the Company's option either in cash or "in kind" in shares of Common Stock; provided, however that dividends may only be paid in cash following the fiscal year in which the Company has net income (as shown in its audited financial statements contained in its Annual Report on Form 10-K for such year) of at least $500,000, to the extent permitted under applicable law out of funds legally available therefore. For "in-kind" dividends, holders will receive that number of shares of Common Stock equal to (i) the amount of the dividend payment due such shareholder divided by (ii) 90% of the average of the per share market values during the twenty (20) trading days immediately preceding the dividend date.    
Description of liquidation rights     In the event of any voluntary or involuntary liquidation, dissolution or winding up, or sale of the Company, each holder of Series A Preferred shall be entitled to receive its pro rata portion of an aggregate payment equal to: (i) $1,000 multiplied by (ii) the total number of shares of Series A Preferred issued under the Series A Certificate of Designation multiplied by (iii) 2.5.    
Directors and Employees [Member]          
Stock issued during period, shares, issued for services     8,338    
Stock issued during period, value, issued for services     $ 48,444    
Stock issued during period for services, price per share     $ 5.81    
Craft Canning [Member]          
Stock issued during period, shares, acquisitions 338,212        
Business combination, consideration transferred $ 2,080,004