Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENT (Tables)

v3.20.1
FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table provides a summary of changes in fair value of the Company’s level 3 financial liabilities as of December 31, 2019:

   

Warrant

Liability

   

Derivative

 

Balance, January 1, 2018

  $ 2,358,240     $ 685,922  

Total (gains) losses

               

Transfers out due to the adoption of ASU 2017-11 effective January 1, 2018

    (2,358,240

)

    (685,922

)

Balance, December 31, 2018 and 2019

  $ -     $ -