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Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2018
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity during the three months ended March 31, 2018:
 
 
 
Shares
Underlying
Options
 
Weighted
Average
Exercise Price
 
Weighted
average
Remaining
Contractual Life
(years)
 
Aggregate
Intrinsic
Value
 
Outstanding at December 31, 2017
 
 
-
 
$
-
 
 
-
 
 
-
 
Acquired in Merger
 
 
802,268
 
 
5.44
 
 
3.80
 
 
-
 
Granted
 
 
226,382
 
 
2.22
 
 
10.00
 
 
-
 
Outstanding at March 31, 2018
 
 
1,028,650
 
$
4.73
 
 
5.16
 
 
-
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of the stock options granted during the three months ended March 31, 2018, was estimated at the date of grant using the Black-Scholes options pricing model with the following assumptions.
 
Fair value of common stock
 
 
$2.08-$2.21
 
Expected volatility
 
 
118.83%
 
Dividend yield
 
 
0%
 
Risk-free interest
 
 
2.87%
 
Expected life (years)
 
 
5.56
 
Schedule Of Common Stock Warrant Activity
A summary of the Company’s warrants to common stock activity is as follows: 
 
 
 
Number of Warrants
 
Weighted Average
Exercise Price
 
Outstanding, December 31, 2017
 
 
878,146
 
$
9.84
 
Acquired H-1 warrants
 
 
304,464
 
 
4.84
 
Acquired H-3 warrants
 
 
84,004
 
 
5.52
 
Issued H-4 warrants
 
 
2,684,300
 
 
2.60
 
Outstanding, March 31, 2018
 
 
3,950,914
 
$
4.44