Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Significant Accounting Policies [Abstract]

Summary of estimated amortization expense of intangible assets

For the year ending December 31,:
2017	$	583,500
2018		583,500
2019		138,300
2020		138,300
2021		138,300

Summary of financial liabilities measured at fair value on recurring basis

	Successor December 31, 2016		Quoted prices in active market for identical assets (Level l)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Short-term investment	$	30,017	$	-	$	30,017	$	-
Conversion Option Liabilities	$	384,461	$	-	$	-	$	384,461

	Predecessor December 31, 2015		Quoted prices in active market for identical assets (Level l)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Short-term investment	$	30,003	$	-	$	30,003	$	-
Warrant Liabilities	$	-	$	-	$	-	$	-	(1)
Conversion Option Liabilities	$	-	$	-	$	-	$	-	(1)

(1) De minimis value at December 31, 2015.

Summary of changes in fair value of Company's Level 3 financial liabilities measured on recurring basis

	Successor For the year ended December 31, 2016			Predecessor For the year ended December 31, 2015
Beginning balance	$	-		$	646,671
Aggregate fair value of conversion option liabilities issued		503,971			-
Change in fair value related to increase in warrants issued for anti-dilutive adjustment		-			-
Change in fair value of conversion option liabilities and warrants		(119,510	)		(646,671	)
Ending balance	$	384,461		$	-