REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Accounting for the fair value of the convertible promissory notes and warrants issued in the Company's private placement

Quantifying Misstatement in Current Year Financial Statements [Line Items]

Schedule of revisions to the balance sheets and the statements of operations

The following tables present the revisions to the balance sheet as of, and the statement of operations for the year ended, December 31, 2016:

Balance Sheet

	As of December 31, 2016
	As Reported		Adjustments		As Revised
Convertible notes payable, net	$	814,989	$	(809,681)	$	5,308
Total Liabilities	$	17,260,318	$	(809,681)	$	16,450,637
Shareholders’ Equity
Additional paid-in capital	$	10,593,324	$	811,901	$	11,405,225
Accumulated deficit		(9,848,822)		(2,220)		(9,851,042)
Total Shareholders’ Equity	$	766,466	$	809,681	$	1,576,147
Total Liabilities and Shareholders’ Equity	$	18,026,784	$	—	$	18,026,784

Statement of Operations

	Year Ended
	December 31, 2016
Net (loss), as reported	$	(4,479,052)
Adjustments:
Previously reported accretion of debt discount (conversion feature and warrants) (interest expense)		2,529
Corrected accretion of debt discount (interest expense)		4,749
Total adjustment		(2,220)
Net (loss), as revised	$	(4,481,272)
Net (loss) per share, as reported	$	(0.21)
Net (loss) per share, as revised	$	(0.21)