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Fair Value Measurements (Tables)
12 Months Ended
Dec. 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 December 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
 
498,086

 
—

 
—

 
498,086

Total derivative liabilities
 
498,086

 
—

 
—

 
498,086

 
 
 
 
 
 
 
 
 
Total assets and liabilities measured at fair value
 
$
498,086

 
$
—

 
$
—

 
$
498,086


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 and commercial paper
 
$
—

 
$
—

 
$
—

 
$
—

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

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, 2018 and 2017: 
 
 
Fair Value Measurements Using
Significant Unobservable Inputs
(Level 3)
 
 
December 31, 2018
 
December 31, 2017
Beginning Balance
 
$
445,838

 
$
336,862

Total loss recognized in earnings
 
52,248

 
108,976

Ending Balance
 
$
498,086

 
$
445,838