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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2019
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 June 30, 2019:
 
 
 
 
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
 
489,489

 

 

 
489,489

Total derivative liabilities
 
489,489

 

 

 
489,489

 
 
 
 
 
 
 
 
 
Total assets and liabilities measured at fair value
 
$
489,489

 
$

 
$

 
$
489,489


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)
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

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 and six months ended June 30, 2019 and June 30, 2018:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Beginning Balance
 
$
492,327

 
$
445,838

 
$
498,086

 
$
445,838

Total income (loss) recognized in earnings
 
(2,838
)
 
37,033

 
(8,597
)
 
37,033

Ending Balance
 
$
489,489

 
$
482,871

 
$
489,489

 
$
482,871