Stock Based Compensation (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Stock-based Payment Award, Stock Options, Valuation Assumptions

The Company uses the following inputs when valuing stock-based awards.

	Period Ending June 30,
	2020			2019
Expected life (years)		5.0			3.0
Risk-free interest rate		0.70	%		1.71	%
Expected volatility		4.40	%		64.4	%
Total grant date fair value	$	3.84		$	1.47 to $3.48

Schedule of Stock-based Compensation

Stock-based compensation, including stock options and warrants is included in the unaudited condensed consolidated statement of operations as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Research and development	$	15,873	$	44,648	$	31,745	$	76,306
Sales and marketing	$	38,120	$	10,457	$	72,705	$	11,873
General and administrative	$	96,956	$	421,109	$	202,958	$	519,478
Total	$	150,949	$	476,214	$	307,408	$	607,657

Schedule of Stock-based Compensation, Stock Options, Activity

The following table reflects the stock option activity for the six months ended June 30, 2020:

	Number of Shares			Weighted Average Exercise Price		Contractual Life (Years)
Outstanding at December 31, 2019		996,646		$	3.249	5.73
Assumed as part of the Merger		61,440			46.95	2.50
Granted		8,985			3.447	7.00
Forfeitures		(6,817	)		2.446	5.00
Outstanding at June 30, 2020		1,060,254		$	5.478	5.67