Annual report pursuant to Section 13 and 15(d)

Shareholders' Deficit (Details Textual)

v3.19.1
Shareholders' Deficit (Details Textual) - USD ($)
1 Months Ended 10 Months Ended 12 Months Ended
Aug. 15, 2018
Jun. 12, 2018
Mar. 07, 2018
Jan. 02, 2018
Nov. 14, 2018
Oct. 06, 2018
Sep. 30, 2018
Aug. 20, 2018
Jun. 30, 2018
Apr. 30, 2018
Apr. 25, 2018
Mar. 28, 2018
Jan. 22, 2018
Dec. 18, 2017
Aug. 31, 2013
Dec. 27, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Shareholders' Deficit (Textual)
Common shares issued for debt conversion, shares 136,894
Common shares issued for debt conversion, amount $ 100,000
Stock-based compensation $ 4,518,828 $ 6,712,752
Accrued interest $ 5,833
Issuance of common shares for services, amount 118,750
Stock-based professional fees $ (118,750)
Non-vested shares forfeited 485,060
Exercise of stock options, shares 2,650,525
Exercise of stock options, value $ 195,000
Common shares issued upon exercise of stock options 1,757,032
Reduced accrued compensation $ 20,575
Recorded settlement expense 200,000
Increase decrease in accounts payable 382,067 99,542
Increase decrease in accrued expenses 22,709 79,153
Common share exercise compensation, shares 750,000
Common share exercise compensation periodic payment $ 5,000
Employee credited towards options exercise 175,000 115,000
Option exercise price $ 0.31
Recognized compensation expense 60,000 $ 60,000
Total unrecognized compensation expense related to unvested common shares $ 2,392,761
Weighted average period 2 years
Description of options to acquire common stock The exercise price of options granted under our 2018 Plan must at least be equal to the fair market value of the Company's common stock on the date of grant and the term of an option may not exceed ten years, except that with respect to an incentive stock option granted to any employee who owns more than 10% of the voting power of all classes of the Company's outstanding stock as of the grant date the term must not exceed five years and the exercise price must equal at least 110% of the fair market value on the grant date.
Subscription receivable $ 19,185
2018 Long-term Incentive Plan [Member]
Shareholders' Deficit (Textual)
Stock-based professional fees $ 88,750
Vesting period 1 year
Aggregate shares of common stock issued without any minimum vesting period 25,000,000
Aggregate number of common stock issued under plan 50,000,000
Maximum number of common stock available in incentive stock options 50,000,000
Stock options [Member]
Shareholders' Deficit (Textual)
Description of modified outstanding stock option The Company modified certain outstanding stock options that were previously granted in 2016 and 2015. The exercise price of the modified options was adjusted to $0.31. As a result, the Company modified the exercise price of 2,005,998 stock options that were granted in 2016 and 2015. This modification resulted in incremental stock compensation of $825,207 of which $276,310 and $532,248 was expensed in 2018 and 2017 for options that were vested at the modification date and as of December 31, 2018.
Stock options [Member] | Two employee [Member]
Shareholders' Deficit (Textual)
Issuance of common shares for services, shares 4,000,000
Vesting period 3 years
Expected volatility 79.00%
Risk-free interest rate 2.15%
Expected dividend yield 0.00%
Aggregate grant date fair value $ 9,583,020
Stock options [Member] | Two employee [Member] | Minimum [Member]
Shareholders' Deficit (Textual)
Term 5 years 9 months
Stock options [Member] | Two employee [Member] | Maximum [Member]
Shareholders' Deficit (Textual)
Term 6 years 6 months
C-Bond Systems, LLC [Member]
Shareholders' Deficit (Textual)
Deemed issuance of common stock for reverse recapitalization, Shares 9,106,250
Deemed issuance of common stock for reverse recapitalization, Value $ 187,401
Post-merger shares of common stock, value $ 25,000
Post-merger shares of common stock, shares 1,000,000
Employees [Member] | Restricted common shares [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.85
Stock-based compensation $ 1,558,333
Issuance of common shares for services, shares 3,233,732
Issuance of common shares for services, amount $ 2,750,000
Non-vested shares forfeited 485,060
Vesting date May 01, 2019
Vesting period 1 year
Vendor [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.85
Common shares issued for settlement, shares 315,957
Common shares issued for settlement, value $ 268,694
Recorded settlement expense 153,779
Increase decrease in accounts payable 39,915
Increase decrease in accrued expenses $ 75,000
Investor [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.40 $ 0.85
Sale of common shares, shares 32,337 514,455
Sale of common shares, value $ 27,500 $ 437,500
Non employees [Member] | Stock options [Member]
Shareholders' Deficit (Textual)
Issuance of common shares for services, shares 330,000
Vesting period 5 years
Option exercise price $ 0.85
Expected volatility 79.00%
Risk-free interest rate 2.20%
Expected dividend yield 0.00%
Aggregate grant date fair value $ 591,452
Non employees [Member] | Stock options [Member] | Minimum [Member]
Shareholders' Deficit (Textual)
Expected option term 4 years 7 months 24 days
Non employees [Member] | Stock options [Member] | Maximum [Member]
Shareholders' Deficit (Textual)
Expected option term 5 years 2 months 30 days
Consulting agreement [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.40 $ 0.85 $ .40 $ 0.40
Issuance of common shares for services, shares 50,000 80,843 50,000 25,000
Issuance of common shares for services, amount $ 20,000 $ 68,750 $ 20,000 $ 10,000
Stock-based professional fees 20,000 $ 10,000
Prepaid expenses 10,000
Total unrecognized compensation expense related to unvested common shares $ 1,752,082
Securities purchase agreement [Member] | Senior secured convertible note [Member] | Esousa [Member]
Shareholders' Deficit (Textual)
Warrants issued 293,123
Term 5 years
Purchase price per unit $ 0.87
Subscription Agreement [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.85 $ 0.77
Subscription Agreement [Member] | Five investors
Shareholders' Deficit (Textual)
Common shares per share $ 0.40
Common stock issued for merger, Shares 3,100,000
Common stock issued for merger, Value $ 1,240,000
Settlement and release agreement [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.40
Common shares issued for settlement, shares 500,000
Common shares issued for settlement, value $ 200,000
Recorded settlement expense $ 200,000
Former CEO [Member]
Shareholders' Deficit (Textual)
Common shares issued for debt conversion, shares 12,694,893
Common shares issued for debt conversion, amount $ 392,577
Common shares per share $ 0.031
Fair value of conversion option of per share $ 0.021
Stock-based compensation $ 270,878
Reduced accrued compensation $ 392,577
Vice president [Member] | Employment agreement [Member]
Shareholders' Deficit (Textual)
Common shares per share $ 0.40
Shares of grant restricted stock award of common shares 500,000
Value of grant restricted stock award of common shares $ 200,000
Stock-based compensation 25,000
Vesting date Aug. 15, 2019
Vesting period 1 year
Total unrecognized compensation expense related to unvested common shares $ 175,000
Executive Officer [Member] | Employees [Member] | Restricted common shares [Member]
Shareholders' Deficit (Textual)
Common shares per share $ .40
Shares of grant restricted stock award of common shares 2,750,000
Value of grant restricted stock award of common shares $ 1,100,000
Stock-based compensation $ 252,085