Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis

    At March 31, 2020     At December 31, 2019  
Description   Level 1     Level 2     Level 3     Level 1     Level 2     Level 3  
Derivative liabilities     -       -     $ 1,310,654       -       -     $ 890,410  

Schedule of roll forward of the level 3 valuation financial instruments

    For the Three Months Ended
March 31,		  
    2020     2019  
Balance at beginning of period   $ 890,410     $ -  
Initial valuation of derivative liabilities included in debt discount     41,324           -  
Initial valuation of derivative liabilities included in derivative expense     105,623       -  
Change in fair value included in derivative expense     273,297       -  
Balance at end of period   $ 1,310,654     $ -  

Schedule of warranty liability

    For the Three Months Ended
March 31,		  
    2020     2019  
Balance at beginning of period   $ 26,933     $ 24,190  
Increase in estimated warranty liability     -       1,631  
Warranty expenses incurred     (100 )     (50 )
Balance at end of period   $ 26,833     $ 25,771  

Schedule of diluted common shares outstanding

    March 31,
2020		     March 31,
2019		  
Convertible notes     20,322,917       1,600,000  
Stock options     8,445,698       11,445,698  
Warrants     2,194,375       1,000,000  
Series A preferred stock     8,111,111       -  
Series B preferred stock     3,600,000       -  
Non-vested, forfeitable common shares     17,475,299       6,198,672