Stock Offerings (Details) - USD ($) |
3 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|
Feb. 11, 2019 |
Aug. 09, 2018 |
Jun. 04, 2018 |
Sep. 14, 2017 |
Jun. 22, 2017 |
Mar. 31, 2019 |
Mar. 31, 2018 |
Jun. 30, 2018 |
|
Stock Offerings (Textual) | ||||||||
Common stock of offering value | $ 2,999,735 | $ 1,187,415 | ||||||
Aggregate common stock in exchange for warrants | 1,968,736 | |||||||
Deemed dividend | $ 765,179 | |||||||
Cowen Agreement [Member] | ||||||||
Stock Offerings (Textual) | ||||||||
Common stock of offering value | $ 25,000,000 | |||||||
Issuance shares of facility, shares | 4,464,777 | |||||||
Issuance shares of facility | $ 8,700,000 | |||||||
Underwriting Agreement [Member] | ||||||||
Stock Offerings (Textual) | ||||||||
Shares of common stock public offering | 9,000,000 | 3,749,996 | ||||||
Common stock of offering value | $ 10,400,000 | |||||||
Purchase of common stock, shares | 2,812,497 | 3,749,996 | ||||||
Net of proceeds from issuance of initial public offering | $ 10,900,000 | |||||||
Underwriting commitments, description | Pursuant to the Underwriting Agreement, the Company granted the Underwriter a 45-day option to purchase from the Company up to an additional 1,350,000 shares of Common Stock at the offering price to cover over allotments, if any. On August 14, 2018, the Underwriter exercised its over-allotment option and acquired an additional 1,288,800 shares of Common Stock at a price per share of $1.15 for aggregate gross proceeds of $1.4 million. | Each investor received a warrant to purchase 0.75 shares of the Company's common stock at an exercise price of $3.80 per share, for each share of common stock purchased. | ||||||
Warrants expiration term | 5 years | |||||||
Common stock price per share | $ 1.15 | $ 3.20 | ||||||
Subscription Agreements [Member] | ||||||||
Stock Offerings (Textual) | ||||||||
Purchase of common stock, shares | 1,499,684 | |||||||
Common stock purchase price | $ 1,365,000 | |||||||
Underwriting commitments, description | The February 2019 Accredited Investors such that the effective purchase price per share is equal to the purchase price per share paid in the Down Round. Benjamin Samuels and Gerald Budde, directors of the Company, acquired 841,928 and 26,310 shares of common stock, respectively, as part of this offering, provided, however, their per share purchase was $0.9501, which was above the closing price the date prior to close and they did not receive the Down Round protection. | |||||||
Minimum [Member] | ||||||||
Stock Offerings (Textual) | ||||||||
Strike price of warrants | $ 2.62 | |||||||
Maximum [Member] | ||||||||
Stock Offerings (Textual) | ||||||||
Strike price of warrants | $ 3.80 |