Notes Payable (Details) - Schedule of carrying value of senior secured promissory notes |
3 Months Ended |
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Mar. 31, 2020
USD ($)
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Schedule of carrying value of senior secured promissory notes [Abstract] | |
Principal value of convertible notes | $ 3,238,535 |
Original issue discount | (247,535) |
Discount resulting from allocation of proceeds to warrant liability | (1,119,866) |
Discount resulting from beneficial conversion feature | (531,730) |
Discount resulting from issuance of common stock | (647,250) |
Amortization of discount | 2,141,004 |
Net carrying value of Senior Secured Convertible Notes | $ 2,833,158 |
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- Definition Debt conversion original issue discount. No definition available.
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- Definition Debt instrument amortized discount. No definition available.
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- Definition Discount resulting from beneficial conversion feature. No definition available.
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- Definition Discount resulting from issuance of common stock. No definition available.
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- Definition Amount of principal value of convertible notes. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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