Stock Based Compensation (Tables)

9 Months Ended

Sep. 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 September 30,
	2020			2019
Expected life (years)		5.0			5.0
Risk-free interest rate		0.24	%		1.56	%
Expected volatility		89.96	%		68.4	%
Total grant date fair value		$2.30 to $3.63			$1.47 to $3.92

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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Research and development	$	15,873	$	50,552	$	47,618	$	126,858
Sales and marketing	$	28,991	$	935	$	101,695	$	10,938
General and administrative	$	122,905	$	701,008	$	325,862	$	1,222,827
Total	$	167,769	$	752,495	$	475,175	$	1,360,623

Schedule of Stock-based Compensation, Stock Options, Activity

The following table reflects the stock option activity for the nine months ended September 30, 2020:

	Number of Shares			Weighted Average Exercise Price		Contractual Life (Years)
Outstanding at December 31, 2019		996,645		$	3.249		5.73
Assumed as part of the Merger		61,440			46.950
Granted		750,671			3.176
Forfeitures		(27,268	)		2.861
Outstanding at September 30, 2020		1,781,488		$	4.546		5.70