Quarterly report pursuant to Section 13 or 15(d)

2019 Senior 8% Convertible Notes Payable (Details Narrative)

v3.20.2
2019 Senior 8% Convertible Notes Payable (Details Narrative) - USD ($)
Dec. 31, 2019
Jun. 30, 2020
Senior convertible notes, outstanding $ 805,000 $ 805,000
2019 Senior Notes [Member]    
Senior convertible notes, outstanding $ 805,000  
Debt interest rate 8.00%  
Debt maturity date Dec. 15, 2020  
Debt conversion price, description The 2019 Senior Notes, plus any accrued interest, is convertible into shares of our common stock at a conversion price equal to the lower of (i) $14.28 per share or (ii) a price per share equal to a 10% discount to the pre-money valuation of a Qualified Financing or an Equity State Transaction, both as defined in the 2019 Senior Note agreement, occurring after the closing of the 2019 Senior Note financing.  
Discount percentage 10.00%  
Debt instrument, conversion terms Upon either mandatory conversion or conversion at the holder's option, the holder will also receive stock purchase warrants on a 1:1 basis to the number of shares of common stock received that have an exercise price equal to the greater of (i) the closing price of our common stock on the date of conversion or (ii) $19.04 per share.  
Debt issuance costs $ 4,280