Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2018

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 March 31, 2018:

			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, 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)
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

Fair Value Measurements using Significant Unobservable Inputs

The following table presents a reconciliation of the beginning and ending balances of the Company's liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2018 and March 31, 2017:

	Three Months Ended March 31,
	2018		2017
Beginning Balance	$	445,838	$	336,862
Total loss recognized in earnings	—		18,750
Ending Balance	$	445,838	$	355,612