Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Sep. 30, 2019 | Nov. 12, 2019 | |
Document Information [Line Items] | ||
Entity Registrant Name | BLACKBOXSTOCKS INC. | |
Entity Central Index Key | 0001567900 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Non-accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Emerging Growth Company | true | |
Entity Ex Transition Period | false | |
Entity Small Business | true | |
Entity Common Stock, Shares Outstanding (in shares) | 7,883,231 | |
Entity Shell Company | false | |
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2019 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus | Q3 | |
Amendment Flag | false |
Balance Sheets (Current Period
Balance Sheets (Current Period Unaudited) - USD ($) | Sep. 30, 2019 | Dec. 31, 2018 |
Current assets: | ||
Cash | $ 35,101 | $ 28,001 |
Investments, market testing | 12 | |
Accounts receivable, net of allowance for doubtful accounts of $68,589 at September 30, 2019 and December 31, 2018, respectively | 3,759 | 3,719 |
Advances receivable, related parties (Note 5) | 29,849 | |
Prepaid expenses | 107,646 | 107,646 |
Prepaid expenses, related party (Note 5) | 36,700 | 36,700 |
Total current assets | 213,067 | 176,066 |
Property and equipment: | ||
Software development, net of amortization of $9,000 and $7,312 at September 30, 2019 and December 31, 2018, respectively | 1,688 | |
Right of use lease, net of amortization of $37,869 at September 30, 2019 | 122,204 | |
Total property and equipment | 143,486 | 33,822 |
Total Assets | 356,553 | 209,888 |
Current liabilities: | ||
Accounts payable | 559,523 | 525,136 |
Accrued expenses | 128,000 | |
Accrued interest | 23,977 | 834 |
Accrued interest, related party | 13,000 | 2,080 |
Unearned subscriptions | 108,377 | 90,034 |
Lease liability right of use, current | 47,141 | |
Other liabilities | 180,000 | 180,000 |
Advances payable | 11,100 | |
Advances payable, related party (Note 5) | 25,000 | 36,382 |
Convertible notes payable, net of discount of $180,346 as of September 30, 2019 (Note 8) | 369,654 | |
Notes payable, net of note discount of $25,571 and $25,435 at September 30, 2019 and December 31, 2018, respectively (Note 6) | 191,139 | 165,889 |
Notes payable, related party (Note 7) | 228,000 | 228,000 |
Total current liabilities | 1,756,911 | 1,356,355 |
Lease liability right of use, long term | 77,976 | |
Commitments and contingencies (Note 9) | ||
Stockholders' Deficit: | ||
Preferred stock | ||
Common stock, $0.001 par value, 100,000,000 shares authorized: 7,883,231 and 7,678,047 issued and outstanding at September 30, 2019 and December 31, 2018, respectively | 7,883 | 7,678 |
Common stock, subscribed | 35,060 | 144,060 |
Additional paid in capital | 3,476,332 | 2,543,264 |
Accumulated deficit | (5,002,609) | (3,846,469) |
Total Stockholders' Deficit | (1,478,334) | (1,146,467) |
Total Liabilities and Stockholders' Deficit | 356,553 | 209,888 |
Series A Preferred Stock [Member] | ||
Stockholders' Deficit: | ||
Preferred stock | 5,000 | 5,000 |
Internet Domain Names [Member] | ||
Property and equipment: | ||
Domain name, net of amortization of $8,118 and $3,821 at September 30, 2019 and December 31, 2018, respectively | 9,074 | 13,371 |
Machinery and Equipment [Member] | ||
Property and equipment: | ||
Property and equipment | $ 12,208 | $ 18,763 |
Balance Sheets (Current Perio_2
Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) | Sep. 30, 2019 | Dec. 31, 2018 |
Accounts receivable, allowance for doubtful accounts | $ 68,589 | $ 68,589 |
Software development, amortization | 9,000 | 7,312 |
Right of use lease, amortizationProperty and equipment, amortization | $ 37,869 | $ 0 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 5,000,000 | 5,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 100,000,000 | 100,000,000 |
Common stock, shares issued (in shares) | 7,883,231 | 7,678,047 |
Common stock, shares outstanding (in shares) | 7,883,231 | 7,678,047 |
Series A Preferred Stock [Member] | ||
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 5,000,000 | 5,000,000 |
Preferred stock, shares issued (in shares) | 5,000,000 | 5,000,000 |
Preferred stock, shares outstanding (in shares) | 5,000,000 | 5,000,000 |
Convertible Notes Payable [Member] | ||
Convertible notes payable, discount | $ 253,350 | $ 0 |
Notes Payable, Other Payables [Member] | ||
Convertible notes payable, discount | 25,571 | 25,435 |
Internet Domain Names [Member] | ||
Domain name, amortization | 8,118 | 3,821 |
Machinery and Equipment [Member] | ||
Property and equipment, depreciation | $ 36,944 | $ 28,802 |
Statements of Operations (Unaud
Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | |
Revenue: | ||||
Revenues | $ 296,332 | $ 190,179 | $ 776,489 | $ 480,849 |
Cost of operations | 195,344 | 156,366 | 525,670 | 474,379 |
Gross margin | 100,988 | 33,813 | 250,819 | 6,470 |
Expenses: | ||||
Software development costs | 27,140 | 32,234 | 102,489 | 47,034 |
General and administrative | 317,134 | 332,986 | 902,885 | 715,289 |
Depreciation and amortization | 4,196 | 6,482 | 14,128 | 15,992 |
Total operating expenses | 348,470 | 371,702 | 1,019,502 | 778,315 |
Operating loss | (247,482) | (337,889) | (768,683) | (771,845) |
Interest expense | 37,373 | 13,033 | 94,078 | 25,574 |
Other expense | (21) | |||
Amortization of debt discount | 223,004 | 293,379 | ||
Loss before income taxes | (507,859) | (350,901) | (1,156,140) | (797,419) |
Income taxes | ||||
Net loss | $ (507,859) | $ (350,901) | $ (1,156,140) | $ (797,419) |
Weighted average number of common shares outstanding - basic (in shares) | 7,788,008 | 7,667,942 | 7,701,581 | 7,667,096 |
Net loss per share - basic (in dollars per share) | $ (0.07) | $ (0.05) | $ (0.15) | $ (0.10) |
Subscription and Circulation [Member] | ||||
Revenue: | ||||
Revenues | $ 289,632 | $ 188,179 | $ 755,244 | $ 478,849 |
Product and Service, Other [Member] | ||||
Revenue: | ||||
Revenues | $ 6,700 | $ 2,000 | $ 21,245 | $ 2,000 |
Statement of Stockholders' Defi
Statement of Stockholders' Deficit (Unaudited) - USD ($) | Preferred Stock [Member]Series A Preferred Stock [Member] | Preferred Stock [Member] | Common Stock [Member] | Common Stock, Subscribed [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balance (in shares) at Dec. 31, 2017 | 5,000,000 | 7,667,047 | |||||
Balance at Dec. 31, 2017 | $ 5,000 | $ 7,667 | $ 2,510,275 | $ (2,694,587) | $ (171,645) | ||
Issuance of shares (in shares) | 7,333 | ||||||
Issuance of shares | $ 7 | 21,993 | 22,000 | ||||
Net loss | (797,419) | (797,419) | |||||
Balance (in shares) at Sep. 30, 2018 | 5,000,000 | 7,674,380 | |||||
Balance at Sep. 30, 2018 | $ 5,000 | $ 7,674 | 2,532,268 | (3,492,006) | (947,064) | ||
Balance (in shares) at Dec. 31, 2018 | 5,000,000 | 7,678,047 | |||||
Balance at Dec. 31, 2018 | $ 5,000 | $ 7,678 | 144,060 | 2,543,264 | (3,846,469) | (1,146,467) | |
Issuance of shares (in shares) | 191,354 | ||||||
Issuance of shares | $ 191 | (109,000) | 381,356 | 272,547 | |||
Net loss | (1,156,140) | (1,156,140) | |||||
Issuance of shares in settlement of accrued expenses (in shares) | 13,830 | ||||||
Issuance of shares in settlement of accrued expenses | $ 14 | 127,986 | 128,000 | ||||
Imputed discount on convertible notes payable (Note 8) | 423,726 | 423,726 | |||||
Balance (in shares) at Sep. 30, 2019 | 5,000,000 | 7,883,231 | |||||
Balance at Sep. 30, 2019 | $ 5,000 | $ 7,883 | $ 35,060 | $ 3,476,332 | $ (5,002,609) | $ (1,478,334) |
Statements of Cash Flows (Unaud
Statements of Cash Flows (Unaudited) - USD ($) | 9 Months Ended | |
Sep. 30, 2019 | Sep. 30, 2018 | |
Cash flows from operating activities | ||
Net loss | $ (1,156,140) | $ (797,419) |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||
Depreciation and amortization expense | 14,128 | 15,992 |
Amortization of note discount | 346,088 | 20,420 |
Financing cost | 26,275 | |
Expenses paid by lendor | 24,984 | |
Changes in operating assets and liabilities: | ||
Investments, market testing | (12) | (524) |
Accounts receivable | (40) | (2,346) |
Advances, related party | (1,500) | |
Prepaid expenses | 16,682 | |
Accounts payable | 34,387 | 187,012 |
Accrued salary | 4,122 | |
Accrued interest | 23,143 | 3,533 |
Accrued interest, related party | 10,920 | |
Unearned subscriptions | 18,343 | 69,187 |
Other liabilities | 296,060 | |
Net cash used in operating activities | (657,924) | (188,781) |
Cash flows from investing activities | ||
Purchases of property and equipment | (1,587) | (20,684) |
Net cash used in investing activities | (1,587) | (20,684) |
Cash flows from financing activities | ||
Common stock issued for cash | 272,547 | 22,000 |
Proceeds from notes payable | 175,684 | 248,015 |
Proceeds from convertible notes payable | 473,725 | |
Repayment of notes payable | (225,214) | (55,505) |
Advances from others | 11,100 | |
Cash advances from related parties | 93,442 | 122,000 |
Cash repayments to related parties | (134,673) | (99,071) |
Net cash provided by financing activities | 666,611 | 237,439 |
Net increase in cash | 7,100 | 27,974 |
Cash - beginning of period | 28,001 | 8,155 |
Cash - end of period | 35,101 | 36,129 |
Supplemental disclosure- Non-cash investing and financing activities: | ||
Acquisition of equipment in exchange for note payable | 8,309 | |
Discount on notes payable | 52,845 | |
Lease, right of use and liability | 160,073 | |
Discount on convertible notes payable | 473,725 | |
Common stock issued in settlement of accrued expenses | $ 128,000 |
Note 1 - Organization
Note 1 - Organization | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 1. rganization Blackboxstocks Inc. (the “Company”) was incorporated on October 4, 2011 11 On December 1, 2015, 88.64% On February 8, 2016, February 9, 2016), The Company filed a Certificate of Amendment to its Articles of Incorporation effective as of March 9, 2016, The Company is in the business of developing and marketing web and mobile based analytical software tools as a subscription based software as a service (the “Blackbox System”) to serve as a tool for day traders and swing traders on various securities exchanges and markets, including the OTC Markets Group, Inc. (“OTC”), the New York Stock Exchange, the NYSE MKT, LLC (formerly the American Stock Exchange), the NASDAQ markets, the Hong Kong Stock Exchange (“HKEX”), the Shanghai Stock Exchange (“SSE”) and the Shenzhen Stock Exchange (“SZSE”). The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”), which contemplate continuation of the Company as a going concern, which is dependent upon the Company's ability to obtain sufficient financing or establish itself as a profitable business. At September 30, 2019, $5,002,609 nine September 30, 2019 2018, $1,156,140 $797,419, may no The financial statements do not |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | 2. The accompanying interim unaudited financial statements and footnotes of Blackboxstocks Inc. have been prepared in accordance with GAAP. The financial statements reflect all adjustments that are, in the opinion of management, necessary to fairly present such information. All such adjustments are of a normal recurring nature. Although the Company believes that the disclosures are adequate to make the information presented not not December 31, 2019. Basis of Presentation Use of Estimates Cash three Fair Value of Financial Instruments 820, Fair Value Measurement not may may Recently Issued Accounting Pronouncements nine September 30, 2019 2018, not In February 2016, 2016 02, Leases 12 January 1, 2019 $160,073 $47,141 $77,976 September 30, 2019. Property and Equipment April 2017 May 15, 2017 The Company’s property and equipment is being depreciated on the straight-line basis over an estimated useful life of three Earnings or ( Loss) Per Share September 30, 2019 2018, 5,300,031 5,000,000 Share-Based Payment 718, Compensation - Stock Compensation No nine September 30, 2019 2018. Revenue Recognition - January 1, 2018, 2014 09, 606 no September 30, 2016. Other Liabilities not September 30, 2019, $180,000 Software Development Costs 985, August 2016, September 1, 2016. June 30, 2017. 985 Domain Name three three Prepaid Expenses Marketing Costs nine September 30, 2019 2018, $201,299 $107,957 Contingencies may may one may If the assessment of a contingency indicates it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not not |
Note 3 - Stockholders' Deficit
Note 3 - Stockholders' Deficit | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 3. The Company has authorized 10,000,000 $0.001 5,000,000 $0.001 100,000,000 $0.001 Shares of Series A Convertible Preferred Stock do not one one 100 The Company announced and approved a reverse stock split effective July 15, 2019 1 3, 3 one During the nine September 30, 2019, 30,833 $3.00 $92,500 3,333 $6,500 December 31, 2018. During the nine September 30, 2019 3,334 $10,000 December 31, 2018. On April 10, 2019 51,282 5 33,333 $1.95 third $100,000. On or about May 7, 2019 25,641 third $1.95 $50,000. On or about May 22, 2019 12,821 5 6,410 $1.95 third $25,000. On or about June 4, 2019 51,282 5 25,641 $1.95 third $100,000. On August 29, 2019 12,821 5 6,411 $1.95 third $25,000. |
Note 4 - Stock Options and Warr
Note 4 - Stock Options and Warrants | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Share-based Payment Arrangement [Text Block] | 4. Costs attributable to the issuance of stock options and share purchase warrants are measured at fair value at the date of issuance and offset with a corresponding increase in ‘Additional Paid in Capital’ at the time of issuance. The fair value cost is computed utilizing the Black-Scholes model and assuming volatility based on U.S. Treasury yield rates for a similar period. When the options or warrants are exercised, the receipt of consideration is an increase in stockholders’ equity. Concurrently with certain of the securities purchase agreements entered into as described in Note 3 five $1.95 $502,398. no nine September 30, 2018 September 30, 2019, 71,795 Number of Shares Exercise Price Warrants as of December 31, 2018 - - Issued during 2019 71,795 $1.95 Warrants as of September 30, 2019 71,795 $1.95 |
Note 5 - Related Party Transact
Note 5 - Related Party Transactions | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 5. During the nine September 30, 2019, $68,442 $133,173. $28,349 no During the nine September 30, 2019 $1,500 no During the nine September 30, 2019 2018, two 1 2018. nine September 30, 2019 2018, $13,500 $36,000 During the nine September 30, 2019, one $25,000 $25,000 September 30, 2019 no G2 “G2” September 30, 2019 $36,700 G2/IPA. |
Note 6 - Notes Payable
Note 6 - Notes Payable | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 6. Notes Payable On September 13, 2019 third $90,000 $490, August 18, 2020. $27,000 $1,429 September 30, 2019. On April 2, 2019 $19,000 $315.56, August 8, 2019. $9,400 $9,400 September 30, 2019. On March 29, 2019 third $38,755 $460, September 12, 2019. $16,445 $16,445 September 30, 2019. On February 19, 2019 third $50,000 12% ninety May 20, 2019. $2,000 June 17, 2019 During the year ended December 31, 2018 third $121,821 $450, September 18, 2019. $55,190 $55,190 September 30, 2019. On June 26, 2018 third $8,309 18% 36 May 22, 2021. On August 8, 2018 third $200,000 12% November 20, 2018. first December 6, 2018, $100,000 $8,000 $108,000. $100,000 September 30, 2019, no |
Note 7 - Notes Payable, Related
Note 7 - Notes Payable, Related Party | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Notes Payable, Related Party [Text Block] | 7. Notes Payable , Related Party On November 9, 2018, $120,000 12% ninety January 28, 2019. September 30 no On December 6, 2018, $108,000 third 6 |
Note 8 - Convertible Notes Paya
Note 8 - Convertible Notes Payable | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Convertible Notes Payable [Text Block] | 8. On May 21, 2019, 8% third $550,000, 10% $500,000. 10% 8%, 180 90 110%; 91st 180th 115%. first $350,000 thirty no thirty may $1.95 not may 65% 15 On July 17, 2019, 8% third $165,000, 10% $150,000 10% 8%, 180 90 110%; 91st 180th 115%. may $1.95 not may 65% 15 |
Note 9 - Commitments and Contin
Note 9 - Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 9. The Company entered into a sublease agreement with G2 July 1, 2015 G2 1,502 5430 August 28, 2017, G2. September 19, 2017 336 1,838 September 30, 2022. January 1, 2019 842 nine September 30, 2019 2018 $39,732 $45,299, December 31, 2019 $ 14,037 2020 59,004 2021 61,800 2022 46,863 On June 18, 2018 July 1, 2018. twenty 24 at$20,000 $15,000 twelve sixth 920,000 1.5% $500,000 12 December 18, 2018 September 30, 2019 13,830 $128,000 The Company engaged software design consulting services from a vendor for its Blackbox System which the Company found did not $29,523. $24,920 $2,200 $2,403. may $29,523 September 30, 2019. On March 6, 2019 $20,000 $5,000 $25,000 The Company is not |
Note 10 - Subsequent Events
Note 10 - Subsequent Events | 9 Months Ended |
Sep. 30, 2019 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 10. Subsequent Events On October 3, 2019 third $50,000 $409, May 28, 2020. $19,000 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2019 | |
Accounting Policies [Abstract] | |
Basis of Accounting, Policy [Policy Text Block] | Basis of Presentation |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash three |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments 820, Fair Value Measurement not may may |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Issued Accounting Pronouncements nine September 30, 2019 2018, not In February 2016, 2016 02, Leases 12 January 1, 2019 $160,073 $47,141 $77,976 September 30, 2019. |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and Equipment April 2017 May 15, 2017 The Company’s property and equipment is being depreciated on the straight-line basis over an estimated useful life of three |
Earnings Per Share, Policy [Policy Text Block] | Earnings or ( Loss) Per Share September 30, 2019 2018, 5,300,031 5,000,000 |
Share-based Payment Arrangement [Policy Text Block] | Share-Based Payment 718, Compensation - Stock Compensation No nine September 30, 2019 2018. |
Revenue [Policy Text Block] | Revenue Recognition - January 1, 2018, 2014 09, 606 no September 30, 2016. |
Other Liabilities [Policy Text Block] | Other Liabilities not September 30, 2019, $180,000 |
Research, Development, and Computer Software, Policy [Policy Text Block] | Software Development Costs 985, August 2016, September 1, 2016. June 30, 2017. 985 |
Intangible Assets, Finite-Lived, Policy [Policy Text Block] | Domain Name three three |
Prepaid Expenses [Policy Text Block] | Prepaid Expenses |
Advertising Cost [Policy Text Block] | Marketing Costs nine September 30, 2019 2018, $201,299 $107,957 |
Commitments and Contingencies, Policy [Policy Text Block] | Contingencies may may one may If the assessment of a contingency indicates it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not not |
Note 4 - Stock Options and Wa_2
Note 4 - Stock Options and Warrants (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Number of Shares Exercise Price Warrants as of December 31, 2018 - - Issued during 2019 71,795 $1.95 Warrants as of September 30, 2019 71,795 $1.95 |
Note 9 - Commitments and Cont_2
Note 9 - Commitments and Contingencies (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
Notes Tables | |
Lessee, Operating Lease, Liability, Maturity [Table Text Block] | 2019 $ 14,037 2020 59,004 2021 61,800 2022 46,863 |
Note 1 - Organization (Details
Note 1 - Organization (Details Textual) - USD ($) | 3 Months Ended | 9 Months Ended | ||||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 | Dec. 01, 2015 | |
Retained Earnings (Accumulated Deficit), Ending Balance | $ (5,002,609) | $ (5,002,609) | $ (3,846,469) | |||
Net Income (Loss) Attributable to Parent, Total | $ (507,859) | $ (350,901) | $ (1,156,140) | $ (797,419) | ||
Blackboxstocks [Member] | ||||||
Ownership Percentage By Stockholders | 88.64% |
Note 2 - Summary of Significa_2
Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($) | 9 Months Ended | |||
Sep. 30, 2019 | Sep. 30, 2018 | Jan. 01, 2019 | Dec. 31, 2018 | |
Lease, Right-of-Use Asset | $ 122,204 | |||
Lease, Liability, Current | 47,141 | |||
Lease, Liability, Noncurrent | $ 77,976 | |||
Property, Plant and Equipment, Useful Life | 3 years | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 5,300,031 | 5,000,000 | ||
Share-based Payment Arrangement, Noncash Expense, Total | $ 0 | $ 0 | ||
Other Liabilities, Current, Total | 180,000 | $ 180,000 | ||
Marketing Expense | $ 201,299 | $ 107,957 | ||
Internet Domain Names [Member] | ||||
Finite-Lived Intangible Asset, Useful Life | 3 years | |||
Accounting Standards Update 2016-02 [Member] | ||||
Lease, Right-of-Use Asset | $ 160,073 | |||
Lease, Liability | $ 160,073 |
Note 3 - Stockholders' Deficit
Note 3 - Stockholders' Deficit (Details Textual) | Aug. 29, 2019USD ($)$ / sharesshares | Jul. 15, 2019 | Jun. 04, 2019USD ($)$ / sharesshares | May 22, 2019USD ($)$ / sharesshares | May 07, 2019USD ($)$ / sharesshares | Apr. 10, 2019USD ($)$ / sharesshares | Sep. 30, 2019USD ($)$ / sharesshares | Sep. 30, 2018USD ($) | Dec. 31, 2018USD ($)$ / sharesshares |
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 | |||||||
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | $ 0.001 | |||||||
Common Stock, Shares Authorized | 100,000,000 | 100,000,000 | |||||||
Common Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | $ 0.001 | |||||||
Stock Issued During Period, Shares, New Issues | 12,821 | 51,282 | 12,821 | 25,641 | 51,282 | ||||
Shares Issued, Price Per Share | $ / shares | $ 1.95 | ||||||||
Stock Issued During Period, Value, New Issues | $ | $ 272,547 | $ 22,000 | |||||||
Stock Issued During Period, Shares, Subscriptions | 3,334 | 3,333 | |||||||
Stock Issued During Period, Value, Subscriptions | $ | $ 10,000 | $ 6,500 | |||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1.95 | ||||||||
Proceeds from Issuance or Sale of Equity, Total | $ | $ 100,000 | $ 25,000 | $ 50,000 | $ 100,000 | |||||
Warrants in Connection with Common Stock Sold [Member] | |||||||||
Warrants and Rights Outstanding, Term | 5 years | 5 years | 5 years | 5 years | 5 years | ||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 6,411 | 25,641 | 6,410 | 33,333 | |||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1.95 | $ 1.95 | $ 1.95 | $ 1.95 | $ 1.95 | ||||
Proceeds from Issuance or Sale of Equity, Total | $ | $ 25,000 | ||||||||
Issuance of Common Stock 1 [Member] | |||||||||
Stock Issued During Period, Shares, New Issues | 30,833 | ||||||||
Shares Issued, Price Per Share | $ / shares | $ 3 | ||||||||
Stock Issued During Period, Value, New Issues | $ | $ 92,500 | ||||||||
Reverse Stock Split [Member] | |||||||||
Stockholders' Equity Note, Stock Split, Conversion Ratio | 3 | ||||||||
Total Preferred Stock [Member] | |||||||||
Preferred Stock, Shares Authorized | 10,000,000 | ||||||||
Series A Preferred Stock [Member] | |||||||||
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 | |||||||
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.001 | $ 0.001 | |||||||
Convertible Preferred Stock, Shares Issued upon Conversion | 1 | ||||||||
Preferred Stock, Number of Votes Per Share | 100 |
Note 4 - Stock Options and Wa_3
Note 4 - Stock Options and Warrants (Details Textual) - USD ($) | 9 Months Ended | ||||||
Sep. 30, 2019 | Sep. 30, 2018 | Aug. 29, 2019 | Jun. 04, 2019 | May 22, 2019 | Apr. 10, 2019 | Dec. 31, 2018 | |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 1.95 | ||||||
Class of Warrant or Right, Issued in Period | 71,795 | 0 | |||||
Class of Warrant or Right, Outstanding | 71,795 | ||||||
Warrants in Connection with Common Stock Sold [Member] | |||||||
Warrants and Rights Outstanding, Term | 5 years | 5 years | 5 years | 5 years | 5 years | ||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 1.95 | $ 1.95 | $ 1.95 | $ 1.95 | $ 1.95 | ||
Warrants and Rights Outstanding | $ 502,398 |
Note 4 - Stock Options and Wa_4
Note 4 - Stock Options and Warrants - Warrant Activity (Details) - $ / shares | 9 Months Ended | |
Sep. 30, 2019 | Sep. 30, 2018 | |
Warrants, number of shares (in shares) | ||
Warrants, exercise price (in dollars per share) | ||
Issued, number of shares (in shares) | 71,795 | 0 |
Issued, exercise price (in dollars per share) | $ 1.95 | |
Warrants, number of shares (in shares) | 71,795 | |
Warrants, exercise price (in dollars per share) | $ 1.95 |
Note 5 - Related Party Transa_2
Note 5 - Related Party Transactions (Details Textual) - USD ($) | 9 Months Ended | ||
Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 | |
Proceeds from Related Party Debt | $ 93,442 | $ 122,000 | |
Repayments of Related Party Debt | 134,673 | 99,071 | |
Prepaid Expenses, Related Party, Current | 36,700 | $ 36,700 | |
Director, President, CEO,CFO, and Secretary [Member] | |||
Proceeds from Related Party Debt | 68,442 | ||
Repayments of Related Party Debt | 133,173 | ||
Due to Related Parties, Total | 28,349 | ||
Vice President [Member] | |||
Due from Related Parties, Total | 1,500 | ||
Karma and EDM [Member] | |||
Payments to Related Party for Services | 13,500 | $ 36,000 | |
Stockholder of EDM [Member] | |||
Proceeds from Related Party Debt | 25,000 | ||
Due to Related Parties, Total | 25,000 | ||
G2 and IPA [Member] | |||
Prepaid Expenses, Related Party, Current | $ 36,700 |
Note 6 - Notes Payable (Details
Note 6 - Notes Payable (Details Textual) | Sep. 13, 2019USD ($) | Jun. 17, 2019USD ($) | Apr. 02, 2019USD ($) | Feb. 19, 2019USD ($) | Dec. 06, 2018USD ($) | Aug. 08, 2018USD ($) | Jun. 26, 2018USD ($) | Mar. 29, 2019USD ($) | Sep. 30, 2019USD ($) | Sep. 30, 2018USD ($) | Dec. 31, 2018USD ($) |
Proceeds from Notes Payable, Total | $ 175,684 | $ 248,015 | |||||||||
Repayments of Notes Payable | 225,214 | $ 55,505 | |||||||||
Note Payable to Purchase Equipment [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 8,309 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 18.00% | ||||||||||
Debt Instrument, Number of Installments | 36 | ||||||||||
Notes Payable Entered September 13, 2019 [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 90,000 | ||||||||||
Debt Instrument, Periodic Payment, Total | 490 | ||||||||||
Debt Instrument, Unamortized Discount, Total | $ 27,000 | ||||||||||
Interest Expense, Debt, Total | 1,429 | ||||||||||
Notes Payable Entered April 2, 2019 [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 19,000 | ||||||||||
Debt Instrument, Periodic Payment, Total | 315.56 | ||||||||||
Debt Instrument, Unamortized Discount, Total | $ 9,400 | ||||||||||
Interest Expense, Debt, Total | 9,400 | ||||||||||
Notes Payable Entered March 29, 2019 [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 38,755 | ||||||||||
Debt Instrument, Periodic Payment, Total | 460 | ||||||||||
Debt Instrument, Unamortized Discount, Total | $ 16,445 | ||||||||||
Interest Expense, Debt, Total | 16,445 | ||||||||||
Promissory Note Payable [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 50,000 | ||||||||||
Interest Expense, Debt, Total | $ 2,000 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||||||
Notes Payable During Fiscal 2018 [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 121,821 | ||||||||||
Debt Instrument, Periodic Payment, Total | 450 | ||||||||||
Debt Instrument, Unamortized Discount, Total | $ 55,190 | ||||||||||
Interest Expense, Debt, Total | 55,190 | ||||||||||
Secured Promissory Note Payable [Member] | |||||||||||
Proceeds from Notes Payable, Total | $ 200,000 | ||||||||||
Interest Expense, Debt, Total | $ 8,000 | ||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||||||
Repayments of Notes Payable | 100,000 | ||||||||||
Repayment of Notes Payable Including Interest | $ 108,000 | ||||||||||
Debt Default, Short-term Debt, Amount | $ 100,000 |
Note 7 - Notes Payable, Relat_2
Note 7 - Notes Payable, Related Party (Details Textual) - USD ($) | Dec. 06, 2018 | Nov. 09, 2018 | Sep. 30, 2019 | Sep. 30, 2018 |
Proceeds from Related Party Debt | $ 93,442 | $ 122,000 | ||
Director, President, CEO,CFO, and Secretary [Member] | ||||
Proceeds from Related Party Debt | $ 68,442 | |||
Notes Payable, Other Payables [Member] | Director, President, CEO,CFO, and Secretary [Member] | ||||
Proceeds from Related Party Debt | $ 108,000 | $ 120,000 | ||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% |
Note 8 - Convertible Notes Pa_2
Note 8 - Convertible Notes Payable (Details Textual) - USD ($) | Jul. 17, 2019 | May 21, 2019 | Sep. 30, 2019 | Sep. 30, 2018 |
Proceeds from Convertible Debt | $ 473,725 | |||
Convertible Notes Payable [Member] | ||||
Debt Instrument, Face Amount | $ 165,000 | $ 550,000 | ||
Convertible Notes Payable, Total | $ 150,000 | $ 500,000 | ||
Debt Instrument, Discount Rate | 10.00% | 10.00% | ||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | 8.00% | ||
Debt Instrument, Term | 180 days | 180 days | ||
Proceeds from Convertible Debt | $ 150,000 | $ 350,000 | ||
Debt Instrument, Convertible, Conversion Price | $ 1.95 | $ 1.95 | ||
Debt Instrument, Convertible, Percentage of Lowest Bid Price During Prior 15 Consecutive Trading Days | 65.00% | 65.00% |
Note 9 - Commitments and Cont_3
Note 9 - Commitments and Contingencies (Details Textual) | Mar. 06, 2019USD ($) | Jun. 18, 2018USD ($)shares | Sep. 30, 2019USD ($)ft²shares | Sep. 30, 2019USD ($)ft² | Sep. 30, 2018USD ($) | Sep. 19, 2017ft² | Jul. 01, 2015ft² |
Area of Real Estate Property | ft² | 1,838 | 1,838 | 336 | 1,502 | |||
Operating Lease, Expense | $ 39,732 | $ 45,299 | |||||
Stock Issued During Period, Value, Issued for Services | 128,000 | ||||||
Consulting Services Agreement with Vendor [Member] | |||||||
Litigation Settlement, Amount Awarded to Other Party | 29,523 | ||||||
Loss Contingency, Damages Sought, Value | 24,920 | ||||||
Litigation Settlement Interest | 2,200 | ||||||
Litigation Settlement, Expense | $ 2,403 | ||||||
ICV [Member] | |||||||
Monthly Compensation, Common Stock, Value | $ 20,000 | ||||||
Monthly Compensation, Common Stock, Value, Increase | $ 15,000 | ||||||
Agreement Covenant, Common Stock Issued Upon NASDAQ Listing | shares | 920,000 | ||||||
Agreement Covenant, Closing Fee Percentage | 1.50% | ||||||
Agreement Covenant, Closing Fee Minimum | $ 500,000 | ||||||
Stock Issued During Period, Shares, Issued for Services | shares | 13,830 | ||||||
Stock Issued During Period, Value, Issued for Services | $ 128,000 | ||||||
Boustead [Member] | |||||||
Agreement Engagement Fee | $ 20,000 | ||||||
Agreement Covenenant, Pre-IPO Closing Fee | 5,000 | ||||||
Agreement Covenant, IPO Closing Fee | $ 25,000 |
Note 9 - Commitments and Cont_4
Note 9 - Commitments and Contingencies - Future Minimum Rental Payments (Details) | Sep. 30, 2019USD ($) |
2019 | $ 14,037 |
2020 | 59,004 |
2021 | 61,800 |
2022 | $ 46,863 |
Note 10 - Subsequent Events (De
Note 10 - Subsequent Events (Details Textual) - USD ($) | Oct. 03, 2019 | Sep. 30, 2019 | Sep. 30, 2018 |
Proceeds from Notes Payable, Total | $ 175,684 | $ 248,015 | |
Subsequent Event [Member] | Notes Payable Entered October 3, 2019 [Member] | |||
Proceeds from Notes Payable, Total | $ 50,000 | ||
Debt Instrument, Periodic Payment, Total | 409 | ||
Debt Instrument, Unamortized Discount, Total | $ 19,000 |