Convertible Bridge Loans, Net - (Details Narrative) |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
|
Jan. 02, 2020
USD ($)
shares
|
Dec. 10, 2019
shares
|
Dec. 02, 2019 |
Dec. 31, 2019
USD ($)
shares
|
Dec. 31, 2018
USD ($)
shares
|
Dec. 31, 2017
USD ($)
|
|
| Warrant description | The First Warrant provides the Lenders with 25% warrant coverage, with the warrant exercise price to be equal to the offering price in the Company's proposed public offering, or, in the event the Principal Amount are converted into ordinary shares, the warrant exercise price will be equal to the applicable closing bid price of the Company's shares at the time of the conversion of the Principal Amount. The term of the First Warrant is three years from the date of the determination of the exercise price. The First Warrant may be exercised by cash payment or through cashless exercise by the surrender of warrant shares having a value equal to the exercise price of the portion of the warrants being exercised. Each warrant may be exercised by cash payment or through cashless exercise by the surrender of warrant shares having a value equal to the exercise price of the portion of the warrants being exercised. The First Warrant permits the lenders to receive a variable number of shares of common stock upon exercise and therefore was accounted for as non-current financial derivative. See also Note 8. The Second Warrant provides the Lenders an additional 25% warrant coverage, under the same terms as the aforesaid warrant, except the exercise price which is equal to 150% of the closing bid price of the Company's shares on the day prior to the closing of the bridge loan transaction. The Second Warrant permits the lenders to receive fixed number of shares of common stock upon exercise and therefore was classified as additional paid-in capital versus discount on the Notes. | |||||
| Fair value of warrants | $ 499,874 | $ (925,910) | $ 1,101,229 | |||
| Stock issued during the period converted | $ 335,521 | |||||
| Stock issued during the period converted, shares | shares | 1,811,864 | |||||
| Proceeds from issuance of warrants | $ 1,374,470 | $ 27,000 | ||||
| Warrants oustanding | shares | 2,477,500 | 4,730,906 | ||||
| Convertible bridge loan, non current | $ 3,427,207 | |||||
| Other current liabilities | 799,625 | 211,435 | ||||
| Beneficial conversion feature | 79,849 | |||||
| Third Party [Member] | ||||||
| Convertible bridge loan, non current | 354,889 | |||||
| Other current liabilities | 192,484 | |||||
| Subsequent Event [Member] | ||||||
| Convertible bridge loan | $ 900,000 | |||||
| Stock issued during the period converted | $ 553,973 | |||||
| Stock issued during the period converted, shares | shares | 36,668,926 | |||||
| Notes [Member] | ||||||
| Proceeds from debt | 938,151 | |||||
| First Warrant [Member] | ||||||
| Fair value of warrants | 517,213 | |||||
| Additional paid-in-capital | $ 60,365 | |||||
| Warrants oustanding | shares | 20,896,789 | |||||
| Second Warrant [Member] | ||||||
| Proceeds from debt | $ 326,024 | |||||
| Ordinary Shares [Member] | ||||||
| Stock issued during the period converted | $ 5,177 | |||||
| Stock issued during the period converted, shares | shares | 1,811,864 | |||||
| Ordinary Shares [Member] | Third Party [Member] | ||||||
| Additional paid-in-capital | $ 24,500 | |||||
| Warrant [Member] | Third Party [Member] | ||||||
| Additional paid-in-capital | 137,905 | |||||
| Loan Agreement [Member] | ||||||
| Convertible bridge loan | $ 1,442,250 | $ 27,000 | ||||
| Debt instrument principal rate | 90.00% | |||||
| Debt instrument discount | 10.00% | |||||
| Debt instrument, face amount | $ 163,250 | |||||
| Debt instrument, interest rate | 10.00% | |||||
| Debt instrument, maturity term | 6 months | |||||
| Debt instrument, description | The Company will be required to pay 10% penalty upon repayment of the Principal Amount prior to the Maturity Date. Upon the Maturity Date of the loans, the Company will be required to repay the Principal Amount of the Loan and unpaid Interest for cash. From the initial recognition and until the Maturity Date, the loans are presented as current liability. Subject to the Company's discrete decision not to repay the Principal Amount and unpaid Interest for cash, the Principal Amount and the unpaid Interest shall become convertible into the Company's Ordinary Shares following the Maturity Date and thereafter at a conversion price equal to 70% of the average closing bid price of the Company's Ordinary Shares in the 5-days prior to the conversion date. In the event the Company's defaults under the Agreements, the conversion price shall be reduced to 60% of the average closing bid price of the Company's Ordinary Shares in the 15-days prior to the conversion date. Following the Maturity Date, the convertible loans are reclassified to non-current liability. | |||||
| Warrant description | (1) waiver of the conversion feature of the applicable Principal Amount and accrued Interest prior to the Amended Maturity Date, but the lender has at any time after the effectiveness of the Company's Registration Statement on Form F-1 that is being filed pursuant to the Company's proposed public offering and Uplisting (including immediately prior to an Event of Default) the option to convert the applicable Principal Amount and accrued Interest into the units that are being registered pursuant to the Company's proposed public offering and Uplisting (the "Units"), at a conversion price equal to 70% of the price of the Units in such public offering, subject to the availability of Units registered pursuant to the Company's registration statement for such public offering and (2) issuance of 350,000 newly issued restricted ordinary shares, par value NIS 0.01 each and issuance of 1,666,667 stock warrants to purchase the same number of ordinary shares, at an exercise price equal to $0.15 per stock warrant at any time commencing six months after the issuance date and up to three years thereafter. | On December 2, 2019, the Company entered into convertible note extension agreement and lock-up agreement with one of the lenders whereby it was determined to extend the original Maturity Date of applicable Note until February 14, 2020 (the "Amended Maturity Date") in exchange for (1) waiver of the conversion feature of the applicable Note and accrued Interest prior to the Amended Maturity Date, unless such conversion is either (1) at the Fixed Conversion Price as defined in the amendment or (2) upon an Event of Default in which case the Maturity Date shall be accelerated and the Note shall be convertible at the Alternate Conversion Price as defined in the amendment (2) the Interest shall be amended to be at a rate of 24% and (3) issuance of 500,000 stock warrants to purchase the same number of ordinary shares, at an exercise price equal to $0.15 per stock warrant at any time after the issuance date and up to five years thereafter. | ||||
| Proceeds from issuance of warrants | $ 158,400 | |||||
| Additional discount of the convertible bridge loans | $ 101,142 | |||||
| Debt instrument, conversion price rate | 0.70 | |||||
| Stock issued during restricted stock | shares | 350,000 | |||||
| Warrants oustanding | shares | 1,666,667 | |||||