XML 55 R44.htm IDEA: XBRL DOCUMENT v3.21.2
PRIVATE PLACEMENT AND JH DARBIE FINANCING (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Feb. 25, 2020
Sep. 30, 2021
Jun. 30, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2021
Jun. 30, 2020
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Dec. 31, 2020
Gross proceeds from private placement                       $ 1,613,200   $ 2,304,541  
Warrants to purchase common stock   42,737,500   42,737,500               42,737,500      
Warrant term   2 years 1 month 24 days   2 years 1 month 24 days               2 years 1 month 24 days      
Additional paid-in capital   $ 33,511,091   $ 33,511,091               $ 33,511,091     $ 32,493,086
Initial debt discount   $ 64,452   64,452               64,452     $ 64,452
Amortization of debt discount and debt issuance costs                       $ 110,528   $ 611,681  
Purchased for warrants shares     200,000                        
Common stock strike price     $ 0.20                        
Class of Warrant or Right, Number of Securities Called by Warrants or Rights     20,000,000   20,000,000         20,000,000          
Stock Issued During Period, Value, New Issues       $ 109,688 $ 99,055                    
Common stock shares incorrectly written     50,000                        
Common Stock, Par or Stated Value Per Share   $ 0.01 $ 0.20 $ 0.01 $ 0.20         $ 0.20   $ 0.01     $ 0.01
Warrants to purchase of common stock shares     0.20                        
Value Of Common Stock Invested     $ 50,000                        
Stock based compensation fair value expense                       $ 2,023,522      
Interest Expense [Member]                              
Amortization of debt discount and debt issuance costs                   $ 942,160 $ 162,267,000,000        
Convertible Debt Instrument [Member]                              
Initial debt discount   $ 700,000   $ 700,000               700,000      
IPO [Member]                              
Issuance cost   $ 640,000   $ 640,000               640,000      
Legal costs                       $ 39,000      
Warrant [Member]                              
Warrants to purchase common stock   100,000   100,000               100,000      
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term                           3 years  
Expected volatility                           140.50%  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate                           1.40%  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate                       0.00%   0.00%  
Warrants [Member]                              
Number of shares issued during the period         22,000,000             24,035,000   13,750,000  
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term           1 year 6 months                 1 year 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate           0.00%           0.00%     0.00%
Common Stock [Member]                              
Number of shares issued during the period       900,000 400,000                    
Conversion of debt, shares             1,000,000 569,800 3,962,145            
Purchased for warrants shares     50,000                        
Stock Issued During Period, Value, New Issues       $ 9,000 $ 4,000                    
Maximum [Member]                              
Warrant term   5 years   5 years     5 years         5 years   5 years  
Maximum [Member] | Warrant [Member]                              
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term                       2 years      
Maximum [Member] | Warrants [Member]                              
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term                       2 years      
Expected volatility           164.80%           130.00%     191.90%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate           0.11%           0.25%     0.15%
Minimum [Member]                              
Warrant term   3 years   3 years     3 years         3 years   3 years  
Minimum [Member] | Warrant [Member]                              
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term                       1 year      
Minimum [Member] | Warrants [Member]                              
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term                       1 year      
Expected volatility           152.30%           94.40%     168.50%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate           0.09%           0.08%     0.12%
Edgepoint Common Stock [Member]                              
Common stock strike price     $ 1.00                        
Class of Warrant or Right, Number of Securities Called by Warrants or Rights     50,000   50,000         50,000          
Edgepoint Common Stock [Member] | Warrant [Member]                              
Warrants to purchase common stock   50,000   50,000               50,000      
Warrant exercise price per share   $ 1.00   $ 1.00               $ 1.00      
Mateon Common Stock [Member] | Warrant [Member]                              
Warrant exercise price per share   $ 0.20   $ 0.20               $ 0.20      
Warrant term   3 years   3 years               3 years      
One Convertible Promissory Note [Member] | Edgepoint Common Stock [Member]                              
Conversion of debt, price per share   $ 0.18   $ 0.18               $ 0.18      
One Convertible Promissory Note [Member] | Edgepoint Common Stock [Member] | Maximum [Member]                              
Conversion of debt, shares                       138,889      
One Convertible Promissory Note [Member] | Mateon Common Stock [Member] | Maximum [Member]                              
Conversion of debt, shares                       138,889      
Edgepoint AI, Inc [Member]                              
Proceeds from non controlling interest                       $ 1,000,000      
Stock Issued During Period, Value, New Issues     $ 50,000                        
Common stock shares incorrectly written     50,000                        
Common Stock, Par or Stated Value Per Share     $ 1.00   $ 1.00         $ 1.00          
Edgepoint AI, Inc [Member] | Warrant [Member] | Private Placement [Member]                              
Fair value per share   $ 1.00   $ 1.00               $ 1.00     $ 1.00
JH Darbie & Co Inc [Member]                              
Number of shares issued and sold   10                          
Gross proceeds from private placement                         $ 5,000,000    
Warrant term   5 years   5 years               5 years      
JH Darbie & Co Inc [Member] | Warrant [Member] | Private Placement [Member]                              
Warrants to purchase common stock           2,035,000             2,035,000   3,465,000
Warrant exercise price per share           $ 0.23             $ 0.23   $ 0.18
Additional paid-in capital           $ 500,000             $ 500,000   $ 600,000
Fair value per share           $ 0.20             $ 0.20   $ 0.20
Stock expiration                       3 years     3 years
JH Darbie & Co Inc [Member] | Maximum [Member]                              
Number of shares issued and sold 100                            
JH Darbie & Co Inc [Member] | Minimum [Member]                              
Number of shares issued and sold 40                            
Placement Agent [Member]                              
Number of shares issued and sold                       10      
Conversion of debt, price per share   $ 0.18   $ 0.18               $ 0.18      
Warrants to purchase common stock     2,000,000   2,000,000         2,000,000          
Percentage of units granted                       10.00%      
Coupon                       16.00%      
Debt instrument conversion term                       Convertible at the option of the holder at any time in the Company’s Common Stock or Edgepoint Common Stock      
Placement Agent [Member] | Edgepoint Common Stock [Member]                              
Conversion of debt, price per share   1.00   1.00               $ 1.00      
Investor [Member]                              
Stock Issued During Period, Value, New Issues     $ 10,000                        
Investors [Member]                              
Warrants to purchase common stock     100   100         100          
Subscription Agreements [Member] | Edgepoint AI, Inc [Member]                              
Number of shares issued and sold                       100      
Number of shares issued during the period                       25,000      
Stock value, price per share   $ 1.00   $ 1.00               $ 1.00      
Stock Issued During Period, Value, New Issues     $ 50,000                        
Subscription Agreements [Member] | Accredited Investors [Member]                              
Number of shares issued and sold                       100      
Gross proceeds from private placement                       $ 5,000,000