Stockholders' Equity (Details Textual) - USD ($) |
1 Months Ended | 3 Months Ended | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 20, 2018 |
May 10, 2018 |
May 21, 2019 |
Apr. 19, 2019 |
Mar. 31, 2019 |
Jan. 31, 2019 |
Sep. 30, 2018 |
Jun. 22, 2018 |
Mar. 31, 2018 |
Oct. 31, 2017 |
May 05, 2019 |
May 06, 2018 |
Jun. 05, 2019 |
Feb. 03, 2019 |
Jun. 29, 2018 |
Apr. 30, 2018 |
Feb. 04, 2018 |
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Preferred stock value | |||||||||||||||||
IPO [Member] | |||||||||||||||||
Sale of stock, description | All the unvested restricted stock units for certain senior executives of the Company vested according to the accelerated vesting trigger in their restricted stock unit agreements. The triggering event was the market capitalization of the Company post IPO, exceeding $300 million for 60 consecutive trading days and the expiration of the lockup- period. This accelerated vesting resulted in stock compensation in the amount of $2.9 million. | ||||||||||||||||
Reverse stock split, description | The board of directors of the Company approved a 1-for-2.5 reverse stock split of the Company’s shares of common stock. | ||||||||||||||||
Subsequent Event [Member] | IPO [Member] | |||||||||||||||||
Sale of stock, description | The Company and certain of the Company’s stockholders completed a secondary public offering (the “Secondary Offering”) of an aggregate of 2,500,000 shares of common stock, which included 750,000 shares offered by the Company and 1,750,000 shares offered by certain selling stockholders of the Company, at a public offering price of $36.00 per share. Net proceeds to the Company from the offering was approximately $25.5 million after legal and underwriting expenses. On May 29, 2019, the underwriters also exercised an option to purchase up to an additional 375,000 shares of common stock from the selling stockholders. | ||||||||||||||||
Warrant [Member] | |||||||||||||||||
Deemed dividend | $ 1,498,079 | ||||||||||||||||
Valuation exercise price | $ 16 | ||||||||||||||||
Institutional Investor [Member] | |||||||||||||||||
Aggregate gross proceeds to IPO | $ 15,000,000 | ||||||||||||||||
2017 Equity Incentive Plan [Member] | |||||||||||||||||
Option award term | 10 years | ||||||||||||||||
2017 Equity Incentive Plan [Member] | Minimum [Member] | |||||||||||||||||
shares of common stock reserved for issuance | 604,612 | 420,000 | |||||||||||||||
2017 Equity Incentive Plan [Member] | Minimum [Member] | Subsequent Event [Member] | |||||||||||||||||
shares of common stock reserved for issuance | 615,066 | ||||||||||||||||
2017 Equity Incentive Plan [Member] | Maximum [Member] | |||||||||||||||||
shares of common stock reserved for issuance | 615,066 | 604,612 | |||||||||||||||
2017 Equity Incentive Plan [Member] | Maximum [Member] | Subsequent Event [Member] | |||||||||||||||||
shares of common stock reserved for issuance | 1,414,889 | ||||||||||||||||
2017 Equity Incentive Plan [Member] | Restricted Stock [Member] | |||||||||||||||||
Stock compensation expense related to restricted stock units | 3,200,000 | $ 300,000 | |||||||||||||||
Fair value of restricted stock units | $ 1,014,046 | $ 2,800,695 | $ 264,015 | $ 246,120 | $ 250,950 | $ 2,792,849 | |||||||||||
Restricted stock units, shares | 68,378 | 188,917 | 8,780 | 10,500 | 10,500 | 258,000 | |||||||||||
Vesting date, description | Fair value of $1,014,046 of which 15,666 Restricted Stock Units, immediately vested. The vesting of the unvested Restricted Stock Units is based on both time and performance. The time and performance vesting units will vest twenty-five percent on July 1, 2019, and July 1, 2020 and between twenty-five to thirty-five percent on July 1, 2021. The performance vesting units will only vest upon the achievement of certain benchmarks. As of May 5, 2019, there were 48,084 unvested units outstanding related to this grant. | The vesting of the unvested Restricted Stock Units is based on both time and performance. The time and performance vesting units will vest fifteen percent on July 1, 2020, 25% on both July 1, 2021 and July 1, 2022 and 35% on July 1, 2023. The performance vesting units will only vest upon the achievement of certain benchmarks. As of May 5, 2019, there were 6,720 unvested units outstanding related to this grant. There were 2,060 units forfeited from this grant during the thirteen weeks ended May 5, 2019. | The time vesting units vest twenty-five percent on January 31, 2020, and twenty-five percent on January 31st of each of the following three years. The performance vesting units vest annually upon the achievement of certain benchmarks. As of May 5, 2019, there were 10,500 unvested units outstanding related to this grant. There were no units forfeited from this grant during the thirteen weeks ended May 5, 2019. | The time vesting units vest twenty-five percent on October 4, 2018, and twenty-five percent on January 31st of the following three years. The performance vesting units vest annually upon the achievement of certain benchmarks. As of May 5, 2019, there were 6,562 unvested units outstanding related to this grant. There were no units forfeited from this grant during the thirteen weeks ended May 5, 2019. | |||||||||||||
Unrecognized restricted stock unit compensation cost related to non-vested awards | $ 495,135 | ||||||||||||||||
Restricted stock recognized in operations over weighted average period | 2 years 3 months 15 days | ||||||||||||||||
2017 Equity Incentive Plan [Member] | Restricted Stock Units One [Member] | |||||||||||||||||
Fair value of restricted stock units | $ 568,356 | ||||||||||||||||
Restricted stock units, shares | 52,504 | ||||||||||||||||
Fiscal 2018 [Member] | Mistral SAC Holdings, LLC, Satori Capital, LLC, and executive management [Member] | |||||||||||||||||
Purchase aggregate total shares of common stock | 15,979,500 | ||||||||||||||||
Fiscal 2019 [Member] | |||||||||||||||||
Restated warrants total | 56,077 | ||||||||||||||||
Fair value term | 3 years | ||||||||||||||||
Warrants as deemed dividend | $ 408,919 | ||||||||||||||||
Fiscal 2020 [Member] | |||||||||||||||||
Warrants issued | 18,166 | ||||||||||||||||
Warrants, description | the Company issued 18,166 warrants to a third party in connection with previous equity raise. These warrants were, valued using the Black-Scholes model, with similar assumptions to the June 2018 warrants. The warrants had a fair value of approximately $130,000. Of these warrants, 17,396 were exercised on May 14, 2019. | ||||||||||||||||
Warrant [Member] | |||||||||||||||||
Exercise of warrant | $ 5,138 | ||||||||||||||||
Total warrants outstanding | 1,075,016 | 798,975 | 1,067,475 | 930,054 | |||||||||||||
Warrants canceled | 930,054 | ||||||||||||||||
Warrants issued | 798,975 | 281,750 | |||||||||||||||
Valuation exercise price | $ 80,000,000 | ||||||||||||||||
Warrants exercised | (10,625) |