Annual report pursuant to Section 13 and 15(d)

CFL Transaction (Details Narrative)

v3.20.1
CFL Transaction (Details Narrative) - USD ($)
7 Months Ended 10 Months Ended 12 Months Ended
Nov. 15, 2019
Nov. 07, 2016
Aug. 12, 2016
Aug. 12, 2016
Aug. 15, 2019
Nov. 15, 2019
Dec. 31, 2019
Dec. 31, 2018
Subsequent Event [Line Items]                
Common stock, par value per share             $ 0.01 $ 0.01
Sale of common stock, shares         248,104 3,789,487    
Proceeds from issuance of common stock             $ 6,614,928 $ 2,921,867
Maximum [Member]                
Subsequent Event [Line Items]                
Sale of common stock, price per share $ 3.96       $ 3.96 $ 3.96    
Cosmic Forward Ltd [Member]                
Subsequent Event [Line Items]                
Sale of common stock, shares   1,777,417            
Purchase of stock for sale, shares   312,500            
Sale of common stock, price per share   $ 9.60            
Proceeds from issuance of common stock   $ 9,000,000            
Cosmic Forward Ltd [Member] | Existing Shareholder [Member]                
Subsequent Event [Line Items]                
Equity issuance, price per share $ 1.75         $ 1.75    
Proceeds from issuance of common stock $ 2,000,000              
Number of common stock issued 1,142,857              
Stock Purchase Agreement [Member]                
Subsequent Event [Line Items]                
Equity issuance, price per share     $ 9.60 $ 9.60        
Common stock, par value per share     $ 0.01 $ 0.01        
Percentage of common stock held by investors     51.00% 51.00%        
Stock Purchase Agreement [Member] | Maximum [Member]                
Subsequent Event [Line Items]                
Purchase of stock for sale, shares       312,500        
Stock Purchase Agreement [Member] | Cosmic Forward Ltd [Member]                
Subsequent Event [Line Items]                
Sale of common stock, shares     205,925          
Common stock percentage description     The number of shares of Common Stock that CFL agreed to purchase was that amount that would allow it to hold 51% of the outstanding shares of Common Stock, determined on a fully-diluted basis, after giving effect to the number of shares of Common Stock (if any) the Company purchases in the Tender Offer, and any shares sold to CFL pursuant to the co-sale right (collectively, the "Common Shares"). The parties agreed that, if, immediately following the consummation of the Tender Offer and after giving effect to the purchase by the Company of all shares of Common Stock validly tendered and not withdrawn in the Tender Offer, the Common Shares amount to less than 51% of the then-outstanding shares of Common Stock, determined on a fully-diluted basis, then CFL shall have an option (the "Call Option") to purchase, at a price per share equal to the Per Share Price, such additional number of shares of Common Stock (the "Call Option Shares") as are necessary for the previously issued Common Shares plus the Call Option Shares to equal 51% of the then-outstanding shares of Common Stock determined on a fully-diluted basis, taking into account the issuance of the Call Option Shares.