Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of December 31, 2018 and 2017 are summarized below:

			Fair Value Measurement
	Total		Level 1		Level 2		Level 3
Warrant Liability	$	2,785	$	-	$	-	$	2,785
Investment in Debt Securities		162,106		162,106		-		-
Fair Value at December 31, 2018	$	164,891	$	162,106	$	-	$	2,785
Warrant Liability	$	95,371	$	-	$	-	$	95,371
Investment in Debt Securities		243,469		243,469		-		-
Fair Value at December 31, 2017	$	338,840	$	243,469	$	-	$	95,371

Changes in Fair Value of Company's Level 3 Valuation for Warrant Liability

The table presented below is a summary of changes in the fair value of the Company’s level 3 valuation for the warrant liability for the years ended December 31:

	2018			2017
Beginning Balance January 1	$	95,371		$	246,451
Change in Fair Value of Warrant Liability		(92,586	)		(151,080	)
Ending Balance, December 31	$	2,785		$	95,371

Fair Value Measurements, Valuation Techniques

The significant assumptions used in the Black-Scholes option pricing model as of December 31, 2018 and 2017 include the following:

	December 31, 2018			December 31, 2017
Volatility		63.58% - 91.93	%		109.3% - 122.22	%
Risk-free Interest Rate		2.36% - 2.59	%		1.03% - 1.27	%
Exercise Price	$	0.75 - $1.37		$	0.75 - $1.37
Fair Value of Common Stock	$	0.33		$	0.40
Expected Life		0.45 – 0.99 years			0.97 – 1.99 years