Quarterly report pursuant to Section 13 or 15(d)

Derivative Liabilities (Details 1)

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Derivative Liabilities (Details 1) - Derivative Liabilities [Member]
 12 Months Ended
Dec. 31, 2017
$ / shares
Summary of fair values of derivative warrants on basis of valuation model  
Market value of common stock on measurement date $ 0.66 [1]
Adjusted exercise price $ 1.67
Risk free interest rate 2.09% [2]
Warrant lives in years 4 years 1 month 6 days
Expected volatility 80.00% [3]
Expected dividend yield [4]
Probability of stock offering in any period over 5 years 100.00% [5]
Offering price estimated as of December 31, 2017 $ 0.50 [6]
[1] The market value of common stock at the above measurement dates is based on the Company's closing price quoted on the NYSE AMERICAN.
[2] The risk-free interest rate was determined by the Company's management using the Treasury Bill rate as of the respective measurement date.
[3] The volatility was estimated using the historical volatility of the Company's common stock.
[4] Management does not expect to pay dividends for the foreseeable future.
[5] Management determines the probability of future stock offering at each evaluation date.
[6] Represents the estimated offering price in future offerings as determined by management.