Nature of the Business (Details Narrative) - USD ($) |
May 28, 2020 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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Common stock, par value | $ 0.0001 | $ 0.0001 | |
Merger Agreement [Member] | |||
Common stock, par value | $ 0.001 | ||
Conversion price per share | $ 1.3634 | ||
Stockholders reverse stock split | 1-for-5 reverse stock split | ||
Ownership percentage | 3.00% | ||
Merger Agreement [Member] | Financial Advisor [Member] | |||
Ownership percentage | 3.00% | ||
Merger Agreement [Member] | DropCar, Inc. [Member] | |||
Ownership percentage | 18.00% | ||
Outstanding payables | $ 186,000 | ||
Cash | $ 186,000 | ||
Merger Agreement [Member] | Bridge Financing and Private Placement [Member] | |||
Ownership percentage | 79.00% | ||
Asset Purchase Agreement [Member] | |||
Asset purchase description | On May 28, 2020, the parties to the Asset Purchase Agreement entered into Amendment No. 1 to the Asset Purchase Agreement (the "Asset Purchase Agreement Amendment"), which Asset Purchase Agreement Amendment (i) provides for the inclusion of up to $30,000 in refunds associated with certain insurance premiums as assets being purchased by DC Partners, (ii) amends the covenant associated with the funding of the DropCar business, such that DropCar provided the DropCar business with additional funding of $175,000 at the closing of the transactions contemplated by the Asset Purchase Agreement and (iii) provides for a current employee of the Company being transferred to DC Partners to provide transition services to the Company for a period of three months after the closing of the transactions contemplated by the Asset Purchase Agreement. |
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- Definition Asset purchase description. No definition available.
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Face amount or stated value per share of common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the reverse stock split arrangement. Also provide the retroactive effect given by the reverse split that occurs after the balance sheet date but before the release of financial statements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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