v3.20.2
Note 11 - Related Party Transactions (Details Textual) - USD ($)
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3 Months Ended |
6 Months Ended |
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Due to Related Parties, Current, Total |
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$ 66,466
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$ 66,466
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$ 188,737
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Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) |
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$ 0.65
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$ 3.60
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Technology Transfer Institute [Member] | Sales Incentive Agreement With TTI [Member] |
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Related Party Agreement, Term (Year) |
1 year
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Related Party Agreement, Term, Automatic Extension (Year) |
1 year
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Related Party Transaction, Maximum Revenue to Trigger Payment of Sales Incentive Fee |
$ 20,000,000
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Related Party Transaction, Revenue to Trigger Payment of Sales Incentive Fee, Percent of Net Income, Minimum |
20.00%
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Related Party Transaction, Sales Incentive Fee For Each 5 Million Revenue |
$ 500,000
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Stock Issuable for Sales Incentive Fee Per Each 5 Million Revenue (in shares) |
500,000
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Related Party Transaction, Maximum Revenue, Warrants Issuable |
$ 25,000,000
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Revenue from Related Parties |
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0
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0
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Related Party Transaction, Expenses from Transactions with Related Party |
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0
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0
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Technology Transfer Institute [Member] | Sales Incentive Agreement With TTI [Member] | Maximum [Member] |
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Stock Issuable for Sales Incentive Agreement (in shares) |
2,000,000
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Technology Transfer Institute [Member] | Sales Incentive Agreement With TTI [Member] | Warrants Issuable for Each 1 Million Revenue in Excess of 20 Million [Member] |
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Warrants and Rights Outstanding, Term (Year) |
5 years
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) |
100,000
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Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) |
$ 1.50
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Technology Transfer Institute [Member] | Sales Incentive Agreement With TTI [Member] | Warrants Issuable for Sales Incentive Agreement [Member] | Maximum [Member] |
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Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares) |
500,000
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Accounts Payable [Member] | Mr. Wong Kwok Fong [Member] |
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Due to Related Parties, Current, Total |
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66,466
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66,466
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74,737
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Accrued Liabilities (Other) [Member] | Mr. Michael DePasquale [Member] |
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Due to Related Parties, Current, Total |
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$ 0
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$ 0
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$ 114,000
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X |
- DefinitionThe number of shares issuable pursuant to the sales incentive agreement.
+ References
+ Details
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Namespace Prefix: |
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Data Type: |
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Balance Type: |
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Period Type: |
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X |
- DefinitionNumber of common shares issuable for sales incentive fee per each 5 million revenue.
+ References
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X |
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X |
- DefinitionNumber of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares.
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X |
- DefinitionPeriod between issuance and expiration of outstanding warrant and right embodying unconditional obligation requiring redemption by transferring asset at specified or determinable date or upon event certain to occur, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
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