Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Details)

v3.20.2
COMMITMENTS AND CONTINGENCIES (Details) - USD ($)
3 Months Ended 9 Months Ended
Jul. 06, 2020
May 20, 2020
Apr. 08, 2020
Mar. 24, 2020
Nov. 20, 2019
Nov. 01, 2017
Mar. 15, 2017
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
May 31, 2020
Dec. 31, 2019
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Class of Warrant or Rights, Granted (in Shares)   6,575     473,772         125,000      
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)   $ 10.00     $ 5.00                
Long-term Purchase Commitment, Amount $ 3,175,000                 $ 13,800,000      
Warrants and Rights Outstanding, Term         8 years                
Other Commitment         $ 50,000                
Other Income         $ 700,000                
Royalty Percentage of Net Sales     10.00%                    
Asset Purchase Agreement, Description of Royalty     As part of the acquired assets, ViralClear received an assignment and licensing rights agreement from Trek with a third-party vendor regarding certain formulas and compounds usage. The agreement calls for milestone payments upon marketing authorization (as amended and defined with respect of product in a particular jurisdiction in the territory, the receipt of all approvals from the relevant regulatory authority necessary to market and sell such product in any such jurisdiction, excluding any pricing approval or reimbursement authorization) in any first and second country of $10 million and $5 million, respectively, in addition to 6% royalty payments.                     
Shares Issued, Price Per Share (in Dollars per share)   $ 10.00                      
Defined Contribution Plan, Cost               $ 49,342 $ 31,178 $ 131,025 $ 69,988    
Warrants at $6.16 [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Class of Warrant or Rights, Granted (in Shares)         284,455                
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)               $ 6.16   $ 6.16      
Warrants and Rights Outstanding, Term         8 years                
ViralClear [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Asset Purchase Agreement, Description of Royalty       In addition, in the event of sublicensing, sale, transfer, assignment or similar transaction, ViralClear agreed to pay Trek 10% of the consideration received.As part of the Purchased Assets, ViralClear received an assignment and licensing rights agreement from Trek with a third-party vendor regarding certain formulas and compounds usage. The agreement, as amended on September 2, 2020, calls for milestone payments upon marketing authorization (as defined) in any first and second country of $10 million and $5 million, respectively, in addition to 6% royalty payments                  
Stock Issued During Period, Shares, Purchase of Assets (in Shares)     259,959                    
Shares Issued, Price Per Share (in Dollars per share)     $ 0.001                 $ 10.00  
2017 Know-How License Agreement [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Agreement, Term             10 years            
Class of Warrant or Rights, Granted (in Shares)             252,000            
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)             $ 3.75            
Long-term Purchase Commitment, Amount                   $ 25,000      
Royalty Guarantees, Commitments, Amount         $ 625,000                
Tools Agreement [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Royalty Guarantees, Commitments, Amount         550,000                
Other Commitment         $ 100,000                
Tools Agreement [Member] | Warrants at $6.16 [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)         $ 6.16                
Phase II Milestone [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Royalty Guarantees, Commitments, Amount     $ 100,000                    
Regulatory Approval Milestone [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Royalty Guarantees, Commitments, Amount     $ 100,000                    
Initiation of Raw Material Procurement [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Long-term Purchase Commitment, Amount 700,000                        
Start-up of Manufacturing [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Long-term Purchase Commitment, Amount 650,000                        
Manufacturing Completion of 500kg of VRT-754659 [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Long-term Purchase Commitment, Amount 580,000                        
Finalization of Manufacturing Process [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Long-term Purchase Commitment, Amount $ 1,245,000                        
Sherpa Technology Group [Member]                          
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]                          
Agreement, Description           In connection with the SOW, the Company paid Sherpa fee of (i) $200,000 in cash, of which $25,000 will be paid on January 1, 2018, with the remainder paid upon completion of certain objectives, and (ii) a ten-year option to purchase up to 120,000 of the Company’s common stock at an exercise of $3.75 per share of common stock, of which 60,000 options vest immediately and 60,000 options were performance conditioned and subsequently vested.              
Professional and Contract Services Expense               $ 67,500 $ 75,000 221,863 $ 225,000    
Other Accrued Liabilities               $ 22,500   $ 22,500     $ 27,623