Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Mar. 31, 2020 | Jun. 24, 2020 | |
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 Interactive Data Current | Yes | |
Entity Common Stock, Shares Outstanding (in shares) | 7,958,236 | |
Entity Shell Company | false | |
Document Type | 10-Q | |
Document Period End Date | Mar. 31, 2020 | |
Document Fiscal Year Focus | 2020 | |
Document Fiscal Period Focus | Q1 | |
Amendment Flag | false |
Balance Sheets (Current Period
Balance Sheets (Current Period Unaudited) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 |
Current assets: | ||
Cash | $ 74,970 | $ 21,172 |
Accounts receivable, net of allowance for doubtful accounts of $68,589 at March 31, 2020 and December 31, 2019, respectively | 3,879 | 5,745 |
Advances receivable, related parties (Note 5) | 1,869 | 9,823 |
Total current assets | 80,718 | 36,740 |
Property and equipment: | ||
Right of use lease, net of amortization of $63,672 and $51,009 at March 31, 2020 and December 31, 2019, respectively | 96,461 | 109,064 |
Total property and equipment | 110,237 | 126,331 |
Long term assets: | ||
Prepaid expenses | 80,868 | 80,868 |
Prepaid expenses, related party (Note 5) | 36,700 | 36,700 |
Total long term assets | 117,568 | 117,568 |
Total Assets | 308,523 | 280,639 |
Current liabilities: | ||
Accounts payable | 639,571 | 632,287 |
Accrued interest | 71,000 | 42,566 |
Accrued interest, related party | 20,320 | 16,680 |
Unearned subscriptions | 262,091 | 189,007 |
Lease liability right of use, current | 45,152 | 46,124 |
Other liabilities | 180,000 | 180,000 |
Convertible notes payable, net of discount of $97,808 and $13,859 at March 31, 2020 and December 31, 2019, respectively (Note 8) | 634,692 | 593,891 |
Notes payable, net of note discount of $72,237 and $38,294 at March 31, 2020 and December 31, 2019, respectively (Note 6) | 275,085 | 218,138 |
Notes payable, related party (Note 7) | 198,000 | 228,000 |
Derivative liability | 1,122,136 | 1,405,530 |
Total current liabilities | 3,448,047 | 3,552,223 |
Lease liability right of use, long term | 55,946 | 66,715 |
Commitments and contingencies (Note 10) | ||
Stockholders' Deficit: | ||
Preferred stock | ||
Common stock, $0.001 par value, 100,000,000 shares authorized: 7,958,236 and 7,908,231 issued and outstanding at March 31, 2020 and December 31, 2019, respectively | 7,958 | 7,908 |
Common stock, subscribed | 35,060 | 35,060 |
Additional paid in capital | 3,543,590 | 3,443,640 |
Accumulated deficit | (6,787,078) | (6,829,907) |
Total Stockholders' Deficit | (3,195,470) | (3,338,299) |
Total Liabilities and Stockholders' Deficit | 308,523 | 280,639 |
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 $10,984 and $9,551 at March 31, 2020 and December 31, 2019, respectively | 6,208 | 7,641 |
Machinery and Equipment [Member] | ||
Property and equipment: | ||
Office, computer and related equipment, net of depreciation of $41,584 and $39,526 at March 31, 2020 and December 31, 2019, respectively | $ 7,568 | $ 9,626 |
Balance Sheets (Current Perio_2
Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 |
Accounts receivable, allowance for doubtful accounts | $ 68,589 | $ 68,589 |
Right of use lease, amortization | $ 63,672 | $ 51,009 |
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) | 7,958,236 | 7,908,231 |
Common stock, shares outstanding (in shares) | 7,958,236 | 7,908,231 |
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 | $ 97,808 | $ 13,859 |
Notes Payable, Other Payables [Member] | ||
Convertible notes payable, discount | 72,237 | 38,294 |
Internet Domain Names [Member] | ||
Domain name, amortization | 10,984 | 9,551 |
Machinery and Equipment [Member] | ||
Property and equipment, depreciation | $ 41,584 | $ 39,526 |
Statement of Operations (Unaudi
Statement of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Revenue: | ||
Revenues | $ 415,251 | $ 226,349 |
Cost of operations | 207,848 | 161,318 |
Gross margin | 207,403 | 65,031 |
Expenses: | ||
Software development costs | 34,331 | 21,978 |
General and administrative | 400,294 | 227,885 |
Depreciation and amortization | 3,491 | 5,233 |
Total operating expenses | 438,116 | 255,096 |
Operating loss | (230,713) | (190,065) |
Interest expense | 33,495 | 18,438 |
Convertible note financing | 217,776 | |
Change in fair value of derivative liability | (601,170) | |
Default expense | 24,750 | |
Amortization of debt discount | 51,607 | |
Incomce (loss) before income taxes | 42,829 | (208,503) |
Income taxes | ||
Net income (loss) | $ 42,829 | $ (208,503) |
Weighted average number of common shares outstanding - basic (in shares) | 7,942,846 | 7,690,898 |
Weighted average number of common shares outstanding - fully diluted (in shares) | 13,549,819 | |
Net income (loss) per share - basic (in dollars per share) | $ 0.01 | $ (0.03) |
Net income per share - fully diluted (in dollars per share) | $ 0 | |
Subscription and Circulation [Member] | ||
Revenue: | ||
Revenues | $ 411,801 | $ 219,999 |
Product and Service, Other [Member] | ||
Revenue: | ||
Revenues | $ 3,450 | $ 6,350 |
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, 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 for cash (in shares) | 27,500 | ||||||
Issuance of shares for cash | $ 27 | (79,000) | 78,973 | ||||
Common stock shares, subscribed | 10,000 | 10,000 | |||||
Net income (loss) | (208,503) | (208,503) | |||||
Balance (in shares) at Mar. 31, 2019 | 5,000,000 | 7,705,547 | |||||
Balance at Mar. 31, 2019 | $ 5,000 | $ 7,705 | 75,060 | 2,622,237 | (4,054,972) | (1,344,970) | |
Balance (in shares) at Dec. 31, 2019 | 5,000,000 | 7,908,231 | |||||
Balance at Dec. 31, 2019 | $ 5,000 | $ 7,908 | 35,060 | 3,443,640 | (6,829,907) | (3,338,299) | |
Net income (loss) | 42,829 | 42,829 | |||||
Issuance of shares in settlement of expenses (in shares) | 50,005 | ||||||
Issuance of shares in settlement of expenses | $ 50 | 99,950 | 100,000 | ||||
Balance (in shares) at Mar. 31, 2020 | 5,000,000 | 7,958,236 | |||||
Balance at Mar. 31, 2020 | $ 5,000 | $ 7,958 | $ 35,060 | $ 3,543,590 | $ (6,787,078) | $ (3,195,470) |
Statements of Cash Flows (Unaud
Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Cash flows from operating activities | ||
Net income (loss) | $ 42,829 | $ (208,503) |
Adjustments to reconcile net loss to net cash provided by operating activities: | ||
Depreciation and amortization expense | 3,491 | 5,233 |
Allowance for doubtful accounts | ||
Amortization of note discount | 51,607 | 10,396 |
Shares issued in settlement of financing costs | 100,000 | |
Expenses paid by lendor | 6,133 | |
Convertible note financing | 217,776 | |
Change in fair value of derivative liability | (601,170) | |
Convertible note default expense | 24,750 | |
Changes in operating assets and liabilities: | ||
Accounts receivable | 1,866 | (2,999) |
Accounts payable | 7,284 | 78,854 |
Accrued interest | 28,434 | 3,666 |
Accrued interest, related party | 3,640 | 3,600 |
Unearned subscriptions | 73,084 | 4,659 |
Net cash used in operating activities | (40,276) | (105,094) |
Cash flows from financing activities | ||
Common stock subscribed | 10,000 | |
Proceeds from notes payable | 127,100 | 88,755 |
Proceeds from convertible notes payable | 100,000 | |
Repayment of notes payable | (110,980) | (29,855) |
Cash advances from related parties | 5,000 | 61,430 |
Net cash provided by financing activities | 94,074 | 101,743 |
Net increase (decrease) in cash | 53,798 | (3,351) |
Cash - beginning of period | 21,172 | 28,001 |
Cash - end of period | 74,970 | 24,650 |
Supplemental disclosures | ||
Interest paid | ||
Income taxes paid | ||
Supplemental disclosure- Non-cash investing and financing activities: | ||
Repayment of note in exchange for note payable | (39,370) | |
Repayment of note payable, related party in exchange for advances | 2,954 | |
Lease, right of use and liability | 160,073 | |
Discount on notes payable | 69,500 | 16,445 |
Notes Payable, Other Payables [Member] | ||
Cash flows from financing activities | ||
Cash repayments to related parties | (27,046) | |
Cash Advances from Related Party [Member] | ||
Cash flows from financing activities | ||
Cash repayments to related parties | $ (28,587) |
Note 1 - Organization
Note 1 - Organization | 3 Months Ended |
Mar. 31, 2020 | |
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 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 March 31, 2020, $6,787,078 three March 31, 2020 2019 $42,829 $208,503, may no not |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2020 | |
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. Use of Estimates Cash three Recently Issued Accounting Pronouncements three March 31, 2020 2019, not In February 2016, 2016 02, Leases 12 January 1, 2019 $160,073 $45,152 $55,946 March 31, 2020. Earnings or ( Loss) Per Share March 31, 2019 5,000,000 Revenue Recognition - January 1, 2018, 2014 09, 606 no September 30, 2016. Marketing Costs three March 31, 2020 2019, $88,344 $69,339 |
Note 3 - Stockholders' Deficit
Note 3 - Stockholders' Deficit | 3 Months Ended |
Mar. 31, 2020 | |
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 On January 28, 2020 50,000 $2.00 third January 27, 2020. |
Note 4 - Stock Options and Warr
Note 4 - Stock Options and Warrants | 3 Months Ended |
Mar. 31, 2020 | |
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. The cost of these warrants was not 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 $560,935. no three March 31, 2020 March 31, 2020, 84,295 Number of Shares Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2018 - - Issued during 2019 84,295 $ 1.95 Warrants as of December 31, 2019 84,295 $ 1.95 4.53 Issued during 2020 - - Warrants as of March 31, 2020 84,295 $ 1.95 4.28 |
Note 5 - Related Party Transact
Note 5 - Related Party Transactions | 3 Months Ended |
Mar. 31, 2020 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 5. As of January 1, 2020 $9,823 three March 31, 2020 $5,000 $2,954 7 $1,869 no During the year ended December 31, 2019 $1,500 no G2 “G2” March 31, 2020 2019 $36,700 G2/IPA. |
Note 6 - Notes Payable
Note 6 - Notes Payable | 3 Months Ended |
Mar. 31, 2020 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | 6. Notes Payable On March 13, 2020 third $25,000 $291.67, August 31, 2020. $12,500 $1,316 March 31, 2020. On January 27, 2020 third $207,000 $1,035, November 3, 2020. $57,000 $13,092 March 31, 2020. $39,000 third May 28, 2020. In October 2019 third $80,000 $761 May 2020. $39,000 January 27, 2020 $31,600 $25,493 March 31, 2020. On August 8, 2018 third $200,000 12% November 20, 2018. first December 6, 2018, $100,000 $8,000 $108,000. $100,000 March 31, 2020. |
Note 7 - Notes Payable, Related
Note 7 - Notes Payable, Related Party | 3 Months Ended |
Mar. 31, 2020 | |
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. December 31, 2019 no $16,680 March 31, 2020. On December 6, 2018, $108,000 third 6 three March 31, 2020 $27,046 $2,954 March 31, 2020 $78,000. |
Note 8 - Convertible Notes Paya
Note 8 - Convertible Notes Payable | 3 Months Ended |
Mar. 31, 2020 | |
Notes to Financial Statements | |
Convertible Notes Payable [Text Block] | 8. On May 21, 2019, 8% third $550,000, 10% $500,000. 10% 8%, 180 115% 91 st first $350,000 no thirty not may $1.95 65% 15 March 31, 2020 $57,750. $207,308 $563,466 March 31, 2020. 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 $135,000. 241,486 March 31, 2020. On March 23, 2020 third $75,000 $25,000 52% April 30, 2020, $0.60, March 25, 2021. |
Note 9 - Derivative Liabilities
Note 9 - Derivative Liabilities | 3 Months Ended |
Mar. 31, 2020 | |
Notes to Financial Statements | |
Derivatives and Fair Value [Text Block] | 9. During the year ended December 31, 2019, $550,000 820. March 31, 2020 Volatility 349.69 % Risk-free interest rate 0.15 % Expected dividends - Expected term (in years) .5 Additional notes payable in the principal amount of $100,000 March 31, 2020 Volatility 211.66 % Risk-free interest rate 0.17 % Expected dividends - Expected term (in years) 1 The Company determines the fair market values of its financial instruments based on the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The following three may Level 1 Level 2 Level 3 The following table presents the Company’s liabilities that were measured and recognized at fair value as of March 31, 2020: Level 1 Level 2 Level 3 Balance January 1, 2019 - - - Additions - - $ 1,321,764 Change in Fair Value - - 83,766 Balance at December 31, 2019 $ - $ - $ 1,405,530 Additions - - 317,776 Change in Fair Value - - (601,170 ) Balance at March 31, 2020 $ - $ - $ 1,122,136 |
Note 10 - Commitments and Conti
Note 10 - Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2020 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | 10 . Commitments and Contingencies On February 13, 2020, June September 2019 $45,030, March 31, 2020, The Company is not |
Note 11 - Subsequent Events
Note 11 - Subsequent Events | 3 Months Ended |
Mar. 31, 2020 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 11. Subsequent Events On June 23, 2020 third March 23, 2020, $0.60 $1.95. 115,385 $0.01 not one $0.8666 March 23, 2020 $317,776 June 23, 2020 $236,045. |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 3 Months Ended |
Mar. 31, 2020 | |
Accounting Policies [Abstract] | |
Basis of Accounting, Policy [Policy Text Block] | 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. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash three |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Issued Accounting Pronouncements three March 31, 2020 2019, not In February 2016, 2016 02, Leases 12 January 1, 2019 $160,073 $45,152 $55,946 March 31, 2020. |
Earnings Per Share, Policy [Policy Text Block] | Earnings or ( Loss) Per Share March 31, 2019 5,000,000 |
Revenue from Contract with Customer [Policy Text Block] | Revenue Recognition - January 1, 2018, 2014 09, 606 no September 30, 2016. |
Advertising Cost [Policy Text Block] | Marketing Costs three March 31, 2020 2019, $88,344 $69,339 |
Note 4 - Stock Options and Wa_2
Note 4 - Stock Options and Warrants (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Notes Tables | |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Number of Shares Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2018 - - Issued during 2019 84,295 $ 1.95 Warrants as of December 31, 2019 84,295 $ 1.95 4.53 Issued during 2020 - - Warrants as of March 31, 2020 84,295 $ 1.95 4.28 |
Note 9 - Derivative Liabiliti_2
Note 9 - Derivative Liabilities (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Notes Tables | |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | Volatility 349.69 % Risk-free interest rate 0.15 % Expected dividends - Expected term (in years) .5 Volatility 211.66 % Risk-free interest rate 0.17 % Expected dividends - Expected term (in years) 1 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] | Level 1 Level 2 Level 3 Balance January 1, 2019 - - - Additions - - $ 1,321,764 Change in Fair Value - - 83,766 Balance at December 31, 2019 $ - $ - $ 1,405,530 Additions - - 317,776 Change in Fair Value - - (601,170 ) Balance at March 31, 2020 $ - $ - $ 1,122,136 |
Note 1 - Organization (Details
Note 1 - Organization (Details Textual) - USD ($) | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | |
Retained Earnings (Accumulated Deficit), Ending Balance | $ (6,787,078) | $ (6,829,907) | |
Net Income (Loss) Attributable to Parent, Total | $ 42,829 | $ (208,503) |
Note 2 - Summary of Significa_2
Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($) | 3 Months Ended | |||
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | Jan. 01, 2019 | |
Lease, Right-of-Use Asset | $ 96,461 | $ 109,064 | ||
Lease, Liability, Current | 45,152 | 46,124 | ||
Lease, Liability, Noncurrent | 55,946 | $ 66,715 | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 5,000,000 | |||
Marketing Expense | $ 88,344 | $ 69,339 | ||
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) | Jan. 28, 2020$ / sharesshares | Jul. 15, 2019 | Mar. 31, 2020$ / sharesshares | Dec. 31, 2019$ / sharesshares |
Preferred Stock, Shares Authorized (in shares) | 5,000,000 | 5,000,000 | ||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 0.001 | $ 0.001 | ||
Common Stock, Shares Authorized (in shares) | 100,000,000 | 100,000,000 | ||
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 0.001 | $ 0.001 | ||
Stock Issued During Period, Shares, New Issues (in shares) | 50,000 | |||
Shares Issued, Price Per Share (in dollars per share) | $ / shares | $ 2 | |||
Reverse Stock Split [Member] | ||||
Stockholders' Equity Note, Stock Split, Conversion Ratio | 3 | |||
Total Preferred Stock [Member] | ||||
Preferred Stock, Shares Authorized (in shares) | 10,000,000 | |||
Series A Preferred Stock [Member] | ||||
Preferred Stock, Shares Authorized (in shares) | 5,000,000 | 5,000,000 | ||
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares | $ 0.001 | $ 0.001 | ||
Convertible Preferred Stock, Shares Issued upon Conversion (in shares) | 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 ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 1.95 | $ 1.95 | |
Class of Warrant or Right, Issued in Period (in shares) | 0 | 84,295 | |
Class of Warrant or Right, Outstanding (in shares) | 84,295 | 84,295 | |
Warrants in Connection with Common Stock Sold [Member] | |||
Warrants and Rights Outstanding, Term (Year) | 5 years | ||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 1.95 | ||
Warrants and Rights Outstanding | $ 560,935 |
Note 4 - Stock Options and Wa_4
Note 4 - Stock Options and Warrants - Warrant Activity (Details) - $ / shares | 3 Months Ended | 12 Months Ended |
Mar. 31, 2020 | Dec. 31, 2019 | |
Warrants, number of shares (in shares) | 84,295 | |
Warrants, exercise price (in dollars per share) | $ 1.95 | |
Issued, number of shares (in shares) | 0 | 84,295 |
Issued, exercise price (in dollars per share) | $ 1.95 | |
Warrants, average remaining life (Year) | 4 years 102 days | 4 years 193 days |
Warrants, number of shares (in shares) | 84,295 | 84,295 |
Warrants, exercise price (in dollars per share) | $ 1.95 | $ 1.95 |
Note 5 - Related Party Transa_2
Note 5 - Related Party Transactions (Details Textual) - USD ($) | 3 Months Ended | |||
Mar. 31, 2020 | Mar. 31, 2019 | Jan. 01, 2020 | Dec. 31, 2019 | |
Proceeds from Related Party Debt | $ 5,000 | $ 61,430 | ||
Note Payable, Related Party Exchanged for Advances | 2,954 | |||
Director, President, CEO,CFO, and Secretary [Member] | ||||
Due from Related Parties, Total | 1,869 | $ 9,823 | ||
Proceeds from Related Party Debt | 5,000 | |||
Note Payable, Related Party Exchanged for Advances | 2,954 | |||
Vice President [Member] | ||||
Due from Related Parties, Total | $ 1,500 | |||
G2 and IPA [Member] | ||||
Prepaid Expenses, Related Party, Current | $ 36,700 | $ 36,700 |
Note 6 - Notes Payable (Details
Note 6 - Notes Payable (Details Textual) - USD ($) | Mar. 13, 2020 | Jan. 27, 2020 | Dec. 06, 2018 | Aug. 08, 2018 | Oct. 31, 2019 | Mar. 31, 2020 | Mar. 31, 2019 |
Proceeds from Notes Payable, Total | $ 127,100 | $ 88,755 | |||||
Repayments of Notes Payable | 110,980 | $ 29,855 | |||||
Notes Payable Entered March 13, 2020 [Member] | |||||||
Proceeds from Notes Payable, Total | $ 25,000 | ||||||
Debt Instrument, Periodic Payment, Total | 291.67 | ||||||
Debt Instrument, Unamortized Discount, Total | 12,500 | ||||||
Interest Expense, Debt, Total | $ 1,316 | ||||||
Notes Payable Entered January 27, 2020 [Member] | |||||||
Proceeds from Notes Payable, Total | $ 207,000 | ||||||
Debt Instrument, Periodic Payment, Total | 1,035 | ||||||
Debt Instrument, Unamortized Discount, Total | 57,000 | ||||||
Interest Expense, Debt, Total | 13,092 | ||||||
Notes Payable Entered October, 2019 [Member] | |||||||
Proceeds from Notes Payable, Total | $ 80,000 | ||||||
Debt Instrument, Periodic Payment, Total | 761 | ||||||
Debt Instrument, Unamortized Discount, Total | $ 31,600 | ||||||
Interest Expense, Debt, Total | 25,493 | ||||||
Repayments of Notes Payable | $ 39,000 | ||||||
Secured Promissory Note Payable [Member] | |||||||
Proceeds from Notes Payable, Total | $ 200,000 | ||||||
Interest Expense, Debt, Total | $ 8,000 | ||||||
Repayments of Notes Payable | 100,000 | ||||||
Debt Instrument, Interest Rate, Stated Percentage | 12.00% | ||||||
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 | Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 |
Proceeds from Related Party Debt | $ 5,000 | $ 61,430 | |||
Interest Payable, Related Party, Current | 20,320 | $ 16,680 | |||
Note Payable, Related Party Exchanged for Advances | 2,954 | ||||
Notes Payable, Related Parties, Current | 198,000 | $ 228,000 | |||
Director, President, CEO,CFO, and Secretary [Member] | |||||
Proceeds from Related Party Debt | 5,000 | ||||
Note Payable, Related Party Exchanged for Advances | 2,954 | ||||
Notes Payable, Other Payables [Member] | |||||
Repayments of Notes Payable, Related Party | 27,046 | ||||
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% | ||||
Interest Payable, Related Party, Current | 16,680 | ||||
Repayments of Notes Payable, Related Party | 27,046 | ||||
Note Payable, Related Party Exchanged for Advances | 2,954 | ||||
Notes Payable, Related Parties, Current | $ 78,000 |
Note 8 - Convertible Notes Pa_2
Note 8 - Convertible Notes Payable (Details Textual) - USD ($) | Mar. 23, 2020 | Jul. 17, 2019 | May 21, 2019 | Mar. 31, 2020 | Mar. 31, 2019 |
Proceeds from Convertible Debt | $ 100,000 | ||||
Convertible Notes Payable Issued May 21, 2019 [Member] | |||||
Debt Instrument, Face Amount | $ 550,000 | ||||
Convertible Notes Payable, Total | $ 500,000 | ||||
Debt Instrument, Discount Rate | 10.00% | ||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||
Debt Instrument, Term (Day) | 180 days | ||||
Debt Instrument, Redemption Premium After 91 Days | 115.00% | ||||
Proceeds from Convertible Debt | $ 350,000 | ||||
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ 1.95 | ||||
Debt Instrument, Convertible, Percentage of Lowest Bid Price During Prior 15 Consecutive Trading Days | 65.00% | ||||
Debt Instrument, Redemption Fee, Amount | 57,750 | ||||
Debt Instrument, Convertible, Beneficial Conversion Feature | $ 207,308 | ||||
Convertible Notes Payable Issued May 21, 2019 [Member] | Embedded Derivative Financial Instruments [Member] | |||||
Derivative Liability, Total | 563,466 | ||||
Convertible Notes Payable Issued July 17, 2019 [Member] | |||||
Debt Instrument, Face Amount | $ 165,000 | ||||
Convertible Notes Payable, Total | $ 150,000 | ||||
Debt Instrument, Discount Rate | 10.00% | ||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||
Debt Instrument, Term (Day) | 180 days | ||||
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ 1.95 | ||||
Debt Instrument, Convertible, Percentage of Lowest Bid Price During Prior 15 Consecutive Trading Days | 65.00% | ||||
Debt Instrument, Convertible, Beneficial Conversion Feature | $ 135,000 | ||||
Debt Instrument, Redemption Premium, First 90 Days | 110.00% | ||||
Debt Instrument, Redemption Premium, Between 91 and 180 Days | 115.00% | ||||
Convertible Notes Payable Issued July 17, 2019 [Member] | Embedded Derivative Financial Instruments [Member] | |||||
Derivative Liability, Total | $ 241,486 | ||||
Convertible Notes Payable One Issued March 23, 2020 [Member] | |||||
Proceeds from Convertible Debt | $ 75,000 | ||||
Convertible Notes Payable Two Issued March 23, 2020 [Member] | |||||
Proceeds from Convertible Debt | 25,000 | ||||
Convertible Notes Payable Issued March 23, 2020 [Member] | |||||
Debt Instrument, Face Amount | $ 100,000 | ||||
Debt Instrument, Interest Rate, Stated Percentage | 52.00% | ||||
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ 0.60 | ||||
Convertible Notes Payable Issued March 23, 2020 [Member] | Embedded Derivative Financial Instruments [Member] | |||||
Derivative Liability, Total | $ 317,776 |
Note 9 - Derivative Liabiliti_3
Note 9 - Derivative Liabilities (Details Textual) - USD ($) | Mar. 23, 2020 | May 21, 2019 |
Convertible Notes Payable Issued May 21, 2019 [Member] | ||
Debt Instrument, Face Amount | $ 550,000 | |
Convertible Notes Payable Issued March 23, 2020 [Member] | ||
Debt Instrument, Face Amount | $ 100,000 |
Note 9 - Derivative Liabiliti_4
Note 9 - Derivative Liabilities - Option Pricing Assumptions (Details) | Mar. 31, 2020 |
Measurement Input, Option Volatility [Member] | Convertible Notes Payable Issued May 21, 2019 [Member] | |
Derivative liability, measurement input | 3.4969 |
Measurement Input, Option Volatility [Member] | Convertible Notes Payable Issued March 23, 2020 [Member] | |
Derivative liability, measurement input | 2.1166 |
Measurement Input, Risk Free Interest Rate [Member] | Convertible Notes Payable Issued May 21, 2019 [Member] | |
Derivative liability, measurement input | 0.0015 |
Measurement Input, Risk Free Interest Rate [Member] | Convertible Notes Payable Issued March 23, 2020 [Member] | |
Derivative liability, measurement input | 0.0017 |
Measurement Input, Expected Dividend Rate [Member] | Convertible Notes Payable Issued May 21, 2019 [Member] | |
Derivative liability, measurement input | |
Measurement Input, Expected Dividend Rate [Member] | Convertible Notes Payable Issued March 23, 2020 [Member] | |
Derivative liability, measurement input | |
Measurement Input, Expected Term [Member] | Convertible Notes Payable Issued May 21, 2019 [Member] | |
Derivative liability, measurement input | 0.5 |
Measurement Input, Expected Term [Member] | Convertible Notes Payable Issued March 23, 2020 [Member] | |
Derivative liability, measurement input | 1 |
Note 9 - Derivative Liabiliti_5
Note 9 - Derivative Liabilities - Liabilities Measured and Recognized at Fair Value (Details) - USD ($) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2020 | Dec. 31, 2019 | |
Fair Value, Inputs, Level 1 [Member] | ||
Balance | ||
Additions | ||
Change in Fair Value | ||
Balance | ||
Fair Value, Inputs, Level 2 [Member] | ||
Balance | ||
Additions | ||
Change in Fair Value | ||
Balance | ||
Fair Value, Inputs, Level 3 [Member] | ||
Balance | 1,405,530 | |
Additions | 317,776 | 1,321,764 |
Change in Fair Value | (601,170) | 83,766 |
Balance | $ 1,122,136 | $ 1,405,530 |
Note 10 - Commitments and Con_2
Note 10 - Commitments and Contingencies (Details Textual) | Feb. 13, 2020USD ($) |
Satisfaction of Services [Member] | |
Loss Contingency, Damages Sought, Value | $ 45,030 |
Note 11 - Subsequent Events (De
Note 11 - Subsequent Events (Details Textual) - USD ($) | Jun. 23, 2020 | Mar. 31, 2020 | Mar. 23, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 1.95 | $ 1.95 | |||
Subsequent Event [Member] | Warrants Issued in Connection Amendment of Notes Payable [Member] | |||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) | 115,385 | ||||
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ 0.01 | ||||
Convertible Notes Payable Issued March 23, 2020 [Member] | |||||
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ 0.60 | ||||
Convertible Notes Payable Issued March 23, 2020 [Member] | Embedded Derivative Financial Instruments [Member] | |||||
Derivative Liability, Total | $ 317,776 | ||||
Convertible Notes Payable Issued March 23, 2020 [Member] | Subsequent Event [Member] | |||||
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ 1.95 | ||||
Debt Instrument, Covenant, Not Converted Before Maturity, Conversion, Unconverted Principle Per Warrant Share | $ 0.8666 | ||||
Convertible Notes Payable Issued March 23, 2020 [Member] | Subsequent Event [Member] | Embedded Derivative Financial Instruments [Member] | |||||
Derivative Liability, Total | $ 236,045 |