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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Measurement [Abstract]  
Summary of significant to the fair value measurement
     

Fair Value Measurements at

Reporting Date Using

 
  December 31,
2016
  Quoted Prices in Active Markets for Identical Assets  Significant Other Observable
Inputs
  Significant Unobservable Inputs 
     (Level 1)  (Level 2)  (Level 3) 
Derivative liability – stock warrants $1,250,000  $    -  $      -  $1,250,000 
Fair value liability – Series C preferred stock  2,093,623   -   -   2,093,623 
                 
  $3,343,623  $-  $-  $3,343,623 

 

     

Fair Value Measurements at

Reporting Date Using

 
  December 31, 2017  Quoted 
Prices in
Active Markets for Identical Assets
  Significant Other Observable
Inputs
  Significant Unobservable
Inputs
 
     (Level 1)  (Level 2)  (Level 3) 
Contingent liability – Verifi acquisition $1,957,225   -   -  $1,957,225 
Derivative liability – ALB shortfall provision  2,307,363   -   -   2,307,363 
  $4,264,588   -   -  $4,264,588 
Schedule of Contingent liability - Verifi acquisition
Balance December 31, 2016 $- 
Issuance of contingent consideration in acquisition  2,220,683 
Fair value adjustment  (263,458)
Balance December 31, 2017  1,957,225 
Schedule of derivative liability - ALB shortfall provision
Balance December 31, 2016 $- 
Issuance of contingent consideration in acquisition  2,132,303 
Fair value adjustment  175,060
Balance December 31, 2017  2,307,363