Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

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, 2020:

			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	478,312		—		—		478,312
Total derivative liabilities	478,312		—		—		478,312
Total assets and liabilities measured at fair value	$	478,312	$	—	$	—	$	478,312

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 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	483,804		—		—		483,804
Total derivative liabilities	483,804		—		—		483,804
Total assets and liabilities measured at fair value	$	483,804	$	—	$	—	$	483,804

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, 2020 and June 30, 2019:

	Three Months Ended June 30,						Six Months Ended June 30,
	2020			2019			2020			2019
Beginning Balance	$	481,042		$	492,327		$	483,804		$	498,086
Total income recognized in earnings	(2,730		)	(2,838		)	(5,492		)	(8,597		)
Ending Balance	$	478,312		$	489,489		$	478,312		$	489,489