Stockholders' Equity |
6 Months Ended |
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Jun. 30, 2019 | |
Stockholders' Equity Note [Abstract] | |
Stockholders' Equity |
Note 4 - Stockholders’ Equity
Issuance of Warrants – On April 4, 2018, Red Cat issued 6,054,905 five-year warrants valued at $74,400 to purchase 6,054,095 shares of common stock at $0.003 per share. The following assumptions were used as inputs in the Black-Scholes option-pricing model: term - 5 years, risk-free interest rate - 5%, expected dividend rate – 0%, and expected volatility - 50%. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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