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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes stock option activity during the six months ended June 30, 2018:
 
 
 
Shares

Underlying

Options
 
 
Weighted

Average

Exercise Price
 
 
Weighted

average

Remaining

Contractual Life

(years)
 
 
Aggregate

Intrinsic

Value
 
Outstanding at December 31, 2017
 
 
-
 
 
$
-
 
 
 
-
 
 
 
-
 
Acquired in Reverse Merger
 
 
802,268
 
 
 
5.44
 
 
 
4.40
 
 
 
-
 
Granted
 
 
410,081
 
 
 
2.04
 
 
 
9.76
 
 
 
-
 
Outstanding at June 30, 2018
 
 
1,212,349
 
 
$
4.29
 
 
 
8.49
 
 
 
-
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of the stock options granted during the three months ended June 30, 2018, was estimated at the date of grant using the Black-Scholes options pricing model with the following assumptions:
 
Fair value of common stock
 
$1.82-$2.21
Expected volatility
 
118.10% - 118.83%
Dividend yield
 
$0
Risk-free interest
 
2.87% - 3.00%
Expected life (years)
 
5.33
Schedule Of Common Stock Warrant Activity
A summary of the Company’s warrants to purchase 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
 
 
304,466
 
 
 
4.84
 
Acquired, H-3 warrants
 
 
84,004
 
 
 
5.52
 
Granted, H-4 warrants
(1)
 
 
2,684,300
 
 
 
2.60
 
Granted, I warrants
 
 
439,070
 
 
 
2.30
 
Retired, Merger Warrants
 
 
(878,146
)
 
 
9.84
 
Outstanding, June 30, 2018
 
 
3,511,840
 
 
$
2.83
 
 
(1) 
Excludes 1,342,150 H-4 warrants representing 150% coverage of H-4 warrants granted.