Stockholders' Equity and Common Stock Purchase Warrants (Details Narrative) - USD ($)
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1 Months Ended |
3 Months Ended |
12 Months Ended |
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Dec. 27, 2018 |
Aug. 22, 2018 |
Jun. 12, 2018 |
Jun. 02, 2018 |
Apr. 05, 2018 |
Feb. 08, 2018 |
Jan. 25, 2018 |
Jan. 23, 2018 |
Jan. 19, 2018 |
Jan. 11, 2018 |
Apr. 28, 2016 |
Jan. 31, 2020 |
Oct. 31, 2019 |
Mar. 31, 2018 |
Jan. 31, 2018 |
Jun. 30, 2019 |
Dec. 31, 2019 |
Dec. 31, 2018 |
Jul. 31, 2018 |
Mar. 15, 2018 |
Dec. 31, 2017 |
Common stock, shares authorized |
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100,000,000
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100,000,000
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Common stock, par value per share |
$ 0.92
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$ 0.001
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$ 0.001
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Common stock, shares issued |
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40,478,861
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27,142,979
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Common stock, shares outstanding |
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40,478,861
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27,142,979
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14,551,234
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Number of shares issued |
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5,480,000
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2,649,818
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Gross proceeds from issuance of common stock |
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$ 5,480,000
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Debt conversion share issued |
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7,773,110
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Debt issuance date |
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Dec. 27, 2018
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Number of stock issued under Employee Stock Purchase Plan |
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82,772
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Gross proceeds from issuance initial public offering |
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$ 4,388,099
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Exercise price per share |
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$ 5.00
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Calculated aggregate estimated fair value |
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$ 96,480
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Stock-based compensation |
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$ 1,570,652
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$ 1,228,699
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Lucid Diagnostics Inc [Member] |
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Common stock, shares issued |
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10,000,000
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10,000,000
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Common stock, shares outstanding |
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10,000,000
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10,000,000
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Majority ownership interest percentage |
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81.875%
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81.875%
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Solys Diagnostics Inc. [Member] |
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Common stock, shares issued |
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9,189,190
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9,189,190
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Common stock, shares outstanding |
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9,189,190
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9,189,190
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Majority ownership interest percentage |
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90.3235%
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90.3235%
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Equity Subscription Rights Offering [Member] |
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Common stock, par value per share |
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$ 7.1
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Common stock, shares issued |
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17,509,654
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Common stock, shares outstanding |
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17,509,654
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Maximum equity subscriptions paid |
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9,000,000
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Purchase of common stock unit price per share |
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$ 1.15
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Subscriptions offering costs |
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$ 200,000
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Employee Stock Purchase Plan [Member] |
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Number of stock issued under Employee Stock Purchase Plan |
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82,772
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Senior Secured Convertible Note [Member] |
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Common stock, par value per share |
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$ 0.89
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Debt conversion share issued |
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7,773,110
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Debt issuance date |
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Dec. 27, 2018
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Nov. 04, 2019
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Senior Secured Note [Member] |
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Number of shares issued |
600,000
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Debt conversion share issued |
550,440
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Placement Agency Agreement [Member] |
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Number of shares issued |
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530,000
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Gross proceeds from issuance of common stock |
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$ 5,480,000
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Placement agent fees and legal fees |
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$ 101,098
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Underwriting Agreement [Member] | Dawson James Securities, Inc., [Member] |
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Common stock, shares issued |
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362,292
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Number of shares issued |
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234,540
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2,415,278
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2,415,278
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Value of common stock per share |
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$ 1.80
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Underwriter's discount |
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$ 4,388,099
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Gross proceeds from issuance initial public offering |
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$ 113,438
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Individual Investors [Member] |
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Number of shares issued |
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4,950,000
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Common Stock [Member] |
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Number of shares issued |
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5,480,000
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Equity Subscription Rights Offering [Member] |
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Number of shares issued |
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9,000,000
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Gross proceeds from issuance of common stock |
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$ 10,400,000
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Equity subscription period date |
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Jun. 07, 2018
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Equity subscription purchases description |
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The equity subscription provided for the purchase of a common stock unit at a $1.15 per unit, with each such unit comprised of one share of common stock of the Company and one Series Z Warrant, and immediately separated upon issue into its underlying components.
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Commissions and fees |
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$ 1,000,000
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Series Z Warrants [Member] |
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Number of shares issued |
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20,000
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Additional paid-in capital |
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$ 2,100,000
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Value of common stock per share |
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$ 1.66
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Exercise price per share |
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$ 3.00
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Warrant to purchase common stock |
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53,000
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16,815,039
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16,815,039
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Warrant issued and outstanding |
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16,815,039
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16,815,039
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Warrant exercise price description |
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Upon issue, a Series Z Warrant is exercisable to purchase one share of common stock of the Company at an exercise price of $1.60 per share, effective June 1, 2018. The Series Z Warrant exercise price was initially $3.00 per share through May 31, 2018. On May 15, 2018, the Company's board of directors approved a reduction to the Series Z Warrant exercise price to $1.60 per share, effective June 1, 2018, upon completion of the period-of-notice to the holders of Series Z Warrants then issued and outstanding. See herein below for further information with respect to the modification expense recognized in connection with the Series Z Warrant exercise price adjustment. The Series Z Warrant $1.60 exercise price is not subject-to further adjustment, unless by action of the PAVmed Inc board of directors, or the effect of stock dividends, stock splits or similar events affecting the common stock of the Company.
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Warrant maturity date |
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Apr. 30, 2024
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Redemption price per share for outstanding warrants |
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$ 0.01
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Weighted average closing price of common stock |
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9.00
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Modification of the Series Z warrant agreement |
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$ 1,140,995
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Calculated aggregate estimated fair value |
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$ 1,060
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$ 3,304,377
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Expected volatility |
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55.00%
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Risk free rate |
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2.70%
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Expected term (years) |
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2 years 8 months 12 days
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Dividend yield |
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0.00%
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Series Z Warrants [Member] | Minimum [Member] |
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Exercise price per share |
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$ 1.60
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Series Z Warrants [Member] | Maximum [Member] |
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Exercise price per share |
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$ 3.00
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Series Z Warrants [Member] | Series A & Series A -1 Exchange Offer March 15,2018 Exchange Date [Member] |
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Warrant to purchase common stock |
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2,739,190
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Series Z Warrants [Member] | Series W Warrants Offer-to-Exchange [Member] |
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Warrant to purchase common stock |
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5,075,849
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Warrant modification expense |
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$ 766,456
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Calculated aggregate estimated fair value |
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$ 3,304,377
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Series Z Warrants [Member] | Equity Subscription Rights Offering [Member] |
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Warrant to purchase common stock |
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9,000,000
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Series Z Warrants [Member] | UPO Offer-to-Exchange [Member] |
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Warrant to purchase common stock |
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53,000
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Calculated aggregate estimated fair value |
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$ 3,180
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Underwritten Public Offering [Member] |
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Number of shares issued |
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2,649,818
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Series W Warrants [Member] |
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Number of shares issued |
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20,000
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Value of common stock per share |
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$ 1.66
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Gross proceeds from issuance initial public offering |
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$ 50,520
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Number of warrant exercised |
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34,345
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Exercise price per share |
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$ 5.00
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$ 2.00
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$ 2.00
|
|
|
|
|
|
|
$ 5.00
|
$ 5.00
|
|
|
|
Proceeds from warrant exercises |
|
|
|
|
|
$ 68,690
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant to purchase common stock |
|
|
|
|
10,151,682
|
|
|
|
|
|
|
|
|
|
|
|
381,818
|
381,818
|
|
|
|
Warrant issued and outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
381,818
|
381,818
|
|
|
|
Redemption price per share for outstanding warrants |
|
|
|
|
|
|
|
|
|
0.01
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average closing price of common stock |
|
|
|
|
|
|
|
|
|
$ 10.00
|
|
|
|
|
|
|
|
|
|
|
|
Warrant exercisable date |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Oct. 28, 2016
|
|
|
|
Warrant expiry date |
|
|
|
|
|
|
|
|
|
Feb. 08, 2018
|
|
|
|
|
|
|
|
Jan. 29, 2022
|
|
|
|
Calculated aggregate estimated fair value |
|
|
|
|
$ 7,903,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
55.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Risk free rate |
|
|
|
|
25.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expected term (years) |
|
|
|
|
3 years 9 months 18 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Series W Warrants [Member] | Unit Purchase Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exercise price per share |
|
$ 1.60
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
274,257
|
|
|
|
2,649,818
|
|
|
|
Number of stock issued under Employee Stock Purchase Plan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
82,772
|
|
|
|
|
Series S Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,660,000
|
|
|
|
|
Exercise price per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.01
|
|
|
|
|
Proceeds from warrant exercises |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,743
|
|
|
|
|
|
|
|
Warrant to purchase common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,199,383
|
1,199,383
|
|
|
|
Warrant issued and outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,199,383
|
1,199,383
|
|
|
|
Series S Warrants [Member] | Subsequent Event [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of warrant exercised |
|
|
|
|
|
|
|
|
|
|
|
1,199,383
|
|
|
|
|
|
|
|
|
|
Proceeds from warrant exercises |
|
|
|
|
|
|
|
|
|
|
|
$ 11,994
|
|
|
|
|
|
|
|
|
|
Series B Convertible Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of stock issued under Employee Stock Purchase Plan |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Convertible preferred stock, shares issued upon conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
33,325
|
499,334
|
|
Unit Purchase Options [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Value of common stock per share |
|
|
|
|
|
|
|
|
|
|
$ 5.00
|
|
|
|
|
|
|
|
|
|
|
Exercise price per share |
|
$ 5.50
|
|
|
|
|
|
|
|
|
$ 5.50
|
|
|
|
|
|
|
|
|
|
|
Warrant to purchase common stock |
|
53,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant issued and outstanding |
|
53,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Modification of the Series Z warrant agreement |
|
$ 2,120
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Warrant expiry date |
|
Jan. 29, 2021
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value assumptions amount |
|
|
|
|
|
|
|
|
|
|
$ 105,100
|
|
|
|
|
|
|
|
|
|
|
Expected volatility |
|
|
|
|
|
|
|
|
|
|
50.00%
|
|
|
|
|
|
|
|
|
|
|
Risk free rate |
|
|
|
|
|
|
|
|
|
|
1.28%
|
|
|
|
|
|
|
|
|
|
|
Expected term (years) |
|
|
|
|
|
|
|
|
|
|
4 years 7 months 6 days
|
|
|
|
|
|
|
|
|
|
|
Dividend yield |
|
|
|
|
|
|
|
|
|
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
Unit Purchase Options [Member] | IPO [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares issued |
|
|
|
|
|
|
|
|
|
|
53,000
|
|
|
|
|
|
|
|
|
|
|
Non-controlling Interest [Member] | Lucid Diagnostics Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Majority ownership interest percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18.125%
|
18.125%
|
|
|
|
Non-controlling Interest [Member] | Solys Diagnostics Inc. [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Majority ownership interest percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9.6765%
|
9.6765%
|
|
|
|