Notes Payable (Details Narrative) (10-K) - USD ($) |
3 Months Ended | 12 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|
Sep. 20, 2019 |
Jul. 02, 2019 |
May 25, 2018 |
Mar. 31, 2020 |
Dec. 31, 2019 |
Mar. 31, 2019 |
Dec. 31, 2019 |
Dec. 31, 2018 |
Nov. 30, 2017 |
|
Debt conversion price per share | $ 14.28 | $ 14.28 | $ 14.28 | ||||||
Interest expenses | $ 17,170 | $ 4,600 | $ 36,658 | $ 161,205 | |||||
Amortization of debt issuance costs | 1,070 | 1,783 | 67,069 | ||||||
Proceeds from sale of convertible notes | 805,000 | ||||||||
Senior convertible notes, outstanding | $ 805,000 | $ 805,000 | 805,000 | ||||||
Accrued interest | $ 28,930 | $ 28,930 | 114,333 | ||||||
2019 Senior Notes [Member] | |||||||||
Debt conversion price per share | $ 14.28 | $ 14.28 | |||||||
Discount percentage | 10.00% | 10.00% | |||||||
Debt interest rate | 8.00% | 8.00% | |||||||
Stock purchase warrants description | 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. | 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 | $ 4,280 | |||||||
Proceeds from sale of convertible notes | $ 805,000 | $ 805,000 | |||||||
Debt maturity date | Dec. 15, 2020 | Dec. 15, 2020 | |||||||
CorLyst, LLC [Member] | |||||||||
Number of common stock shares owned | 1,073,050 | 1,073,050 | |||||||
Outstanding shares of voting capital stock percentage | 19.60% | 19.60% | |||||||
Accredited Investors [Member] | 2019 Senior Notes [Member] | |||||||||
Proceeds from sale of convertible notes | $ 805,000 | ||||||||
Accredited Investors [Member] | 2017 Senior Notes [Member] | |||||||||
Debt conversion price per share | $ 14.30 | ||||||||
Debt interest rate | 8.00% | ||||||||
Debt issuance costs | $ 154,800 | ||||||||
Senior convertible notes, outstanding | $ 2,580,000 | ||||||||
Conversion of senior notes | $ 2,350,000 | ||||||||
Accrued interest | $ 114,333 | ||||||||
Number of common stock issued | 172,327 | ||||||||
Warrants to purchase shares of common stock | 172,327 | ||||||||
Warrants exercise term | 3 years | ||||||||
Warrants exercise price | $ 17.16 | ||||||||
Debt effective interest rate, before debt issuance costs | 7.72% | ||||||||
Debt effective interest rate, including debt issuance costs | 13.96% | ||||||||
Canadian Investors [Member] | 2017 Senior Notes [Member] | |||||||||
Senior convertible notes, outstanding | $ 230,000 | ||||||||
Cease trade order fine | $ 10,000 | ||||||||
Conversion of senior notes | 230,000 | ||||||||
Accrued interest | $ 28,930 | ||||||||
Number of common stock issued | 18,107 | ||||||||
Warrants to purchase shares of common stock | 18,107 | ||||||||
Warrants exercise term | 3 years | ||||||||
Warrants exercise price | $ 17.16 | ||||||||
LOC Agreements [Member] | DKBK Enterprises, LLC [Member] | |||||||||
Revolving line of credit commitment | $ 700,000 | ||||||||
LOC Agreements [Member] | CorLyst, LLC [Member] | |||||||||
Revolving line of credit commitment | 700,000 | ||||||||
Two LOC Agreements [Member] | Lenders [Member] | |||||||||
Revolving line of credit commitment | $ 1,400,000 | ||||||||
Line of credit annual interest rate | 8.00% | ||||||||
Debt conversion price per share | $ 14.28 | ||||||||
Discount percentage | 10.00% | ||||||||
Stock purchase warrants description | The Lenders 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. |