Long Term Debt (Details Textual) - USD ($) |
1 Months Ended | 3 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Jan. 04, 2019 |
Oct. 01, 2018 |
Apr. 23, 2019 |
Jan. 31, 2019 |
Dec. 21, 2018 |
Mar. 31, 2019 |
Mar. 31, 2018 |
Dec. 31, 2018 |
|
Long Term Debt (Textual) | ||||||||
Interest rate, Description | 3.0% note payable to a lender in relation to a four year vehicle loan for the purchase of a truck used in operations. | |||||||
Convertible notes | $ 60,312,500 | $ 40,200,000 | ||||||
Net cash proceeds | 8,050,000 | |||||||
Debt issuance costs | 422,383 | |||||||
Change in fair value of convertible notes | (12,062,500) | |||||||
Convertible Debt [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Principal amount | $ 8,100,000 | |||||||
Convertible notes | $ 8,100,000 | 1,200,000 | $ 40,200,000 | |||||
Net cash proceeds | 2,600,000 | |||||||
Net cash proceeds from issuance of convertible notes | $ 15,100,000 | 3,000,000 | ||||||
Debt issuance costs | $ 400,000 | $ 400,000 | ||||||
Change in fair value of convertible notes | 12,100,000 | |||||||
Convertible Debt [Member] | IPO [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Change in fair value of convertible notes | $ 60,300,000 | |||||||
Convertible Debt [Member] | IPO [Member] | Subsequent Event [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Description of convertible debt | The convertible notes also contained other settlement provisions if an IPO did not occur within 18 months of their issuance date. If an IPO did not occur within 18 months of the convertible notes’ issuance, the holders of the convertible notes had the option to extend the initial maturity date by an additional 18 month period, in which case the convertible notes would have converted automatically into Class A common stock at a settlement price equity to 75% of the IPO price per share upon closing of an IPO. | |||||||
Convertible Debt [Member] | Class A common stock | Subsequent Event [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Convertible notes upon conversion, Shares | 3,547,776 | |||||||
Description of convertible debt | The Operating Company at a settlement price equal to 80% of the IPO price per share. | |||||||
Real Estate Note [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Maturity date | Oct. 01, 2025 | |||||||
Purchase of building amount | $ 10,000,000 | |||||||
Principal amount | $ 8,500,000 | |||||||
Interest rate, Description | LIBOR plus 2.39% are due monthly. | |||||||
Line of Credit [Member] | ||||||||
Long Term Debt (Textual) | ||||||||
Revolving credit loan | $ 15,000,000 | |||||||
Maturity date | Aug. 23, 2020 | |||||||
Description of Line of credit | The line of credit borrowing base is 80% of eligible accounts receivable plus 50% of eligible inventory. | |||||||
Description of covenant terms | The Operating Company was in compliance with its covenants as of March 31, 2019. | |||||||
Interest rate, Description | LIBOR plus 3.50% per annum. |