Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets Measured On Recurring Basis

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2017:

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash equivalents:
Money market funds	$	—	$	—	$	—	$	—
Total cash equivalents	—		—		—		—
Derivative liabilities:
Derivative Instruments	445,838		—		—		445,838
Total derivative liabilities	445,838		—		—		445,838
Total assets and liabilities measured at fair value	$	445,838	$	—	$	—	$	445,838

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2016: 

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash equivalents:
Money market funds and commercial paper	$	1,133,280	$	1,133,280	$	—	$	—
Total cash equivalents	1,133,280		1,133,280		—		—
Derivative liabilities:
Derivative Instruments	336,862		—		—		336,862
Total derivative liabilities	336,862		—		—		336,862
Total assets and liabilities measured at fair value	$	1,470,142	$	1,133,280	$	—	$	336,862

Fair Value Measurements Using Significant Unobservable Inputs

The following table presents the Company’s assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as of each of the years ended December 31, 2017 and 2016: 

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	December 31, 2017		December 31, 2016
Beginning Balance	$	336,862	$	82,024
Total loss recognized in earnings	108,976		254,838
Ending Balance	$	445,838	$	336,862