Fair Value Measurements (Details 1) - USD ($) |
12 Months Ended | |
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Dec. 31, 2020 |
Dec. 31, 2019 |
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Fair Value Disclosures [Abstract] | ||
Beginning balance | $ 10,943,950 | $ 10,012,550 |
Changes in fair value | 18,393,350 | 931,400 |
Transfers out of Level 3 | (13,972,500) | |
Ending balance | 15,364,800 | 10,943,950 |
Beginning balance | 750,000 | |
Additions | 750,000 | 750,000 |
Convertible Notes Payable | $ 1,500,000 | $ 750,000 |
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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