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Convertible Notes Payable (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Liabilities Measured Using Fair Significant Unobservable Inputs (Level 3)

The table below provides the note payable activity for the three months ended March 31, 2020, and also a reconciliation of the beginning and ending balances for the derivative liabilities measured using fair significant unobservable inputs (Level 3) for the three months ended March 31, 2020:

 

    Convertible Notes   Discount   Convertible Notes, Net of Discount   Derivative Liabilities
Balance, December 31, 2019   $ 3,266,775     $ 914,245     $ 2,352,530     $ 4,834,190  
Issuance of convertible notes     103,000       103,000       —         232,013  
Conversion of convertible notes     (89,000 )     (25,377 )     (63,623 )     (97,838 )
Repayment of convertible notes     (2,500 )     —         (2,500 )     (3,925
Change in fair value of derivatives     —         —         —         (315,692 )
Amortization     —         (452,058  )     452,058       —    
Balance March 31, 2020   $ 3,278,275     $ 539,810     $ 2,738,465      $ 4,648,748  
Schedule of Assumptions Used Black Scholes Model

The following assumptions were used in the Binomial Option Pricing Model in calculating the embedded conversion features and current liabilities for the three months ended March 31, 2020 and 2019. 

 

    March 31, 2020     March 31, 2019   
Risk-free interest rates   0.11 – 1.58 %     1.53 – 2.60 %
Expected life (years)   0.25 – 1.00       0.08 – 1.25  
Expected dividends   0 %     0 %
Expected volatility   179-214 %     70-557  %