Commitments and Contingencies (Details) - USD ($) |
1 Months Ended | |
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Feb. 20, 2019 |
Aug. 07, 2018 |
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Commitments and Contingencies Disclosure [Abstract] | ||
Arbitration agreement settlement, description | The satisfaction of an award in an aggregate amount of $1,156,840 plus pre-judgment interest equal to an aggregate of $59,955 (the "Award") granted to Atlas Technology Group, LLC ("Atlas") following arbitration proceedings arising out of an engagement agreement, dated September 8, 2016, by and between Atlas and the Company (including its subsidiaries) (the "Engagement Agreement"), the Company, Sysorex and Atlas entered into a settlement agreement (the "Settlement Agreement") pursuant to which Atlas agreed to (a) reduce the Award by $275,000 resulting in a "Net Award" of $941,796 and (b) accept an aggregate of 749,440 shares of freely-tradable common stock of the Company (the "Settlement Shares") in satisfaction of the Award which was determined by dividing 120% of the Net Award by $1.508, which was the "minimum price," as defined under Nasdaq Listing Rule 5635(d). | |
Arbitration indemnification percentage | 50.00% | |
Arbitration award amount | $ 1,156,840 | |
Pre-Judgment interest owed | 59,955 | |
Arbitration net award | $ 941,796 | |
Common shares issued for settlement of amount owed | 749,440 |