Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets Measured On Recurring Basis

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at March 31, 2020:

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Derivative liabilities:
Derivative Instruments	481,052		—		—		481,052
Total derivative liabilities	481,052		—		—		481,052
Total assets and liabilities measured at fair value	$	481,052	$	—	$	—	$	481,052

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2019: 

			Fair Value Measurements at Reporting Date Using
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Derivative liabilities:
Derivative Instruments	483,804		—		—		483,804
Total derivative liabilities	483,804		—		—		483,804
Total assets and liabilities measured at fair value	$	483,804	$	—	$	—	$	483,804

Fair Value Measurements using Significant Unobservable Inputs

The following table presents a reconciliation of the beginning and ending balances of the Company's liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2020 and March 31, 2019:

	Three Months Ended March 31,
	2020			2019
Beginning Balance	$	483,804		$	498,086
Total income recognized in earnings	(2,752		)	(5,759		)
Ending Balance	$	481,052		$	492,327