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Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Nxt-ID, Inc.
Entity Central Index Key	0001566826
Trading Symbol	NXTD
Amendment Flag	true
Amendment Description	<div> <p style="font: 10pt/normal 'times new roman', times, serif; margin: 0pt 0px; text-align: justify; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-stretch: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;">On January 5, 2018, in accordance with the terms of certain warrant agreements between Nxt-ID, Inc. (the “Company”) and the investors in several private placements of securities to institutional investors that closed between November 2016 and July 2017, the Company filed with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-3 (No. <b>333 – 222452</b>) (the “Form S-3”). The Form S-3 was filed to register the resale from time to time by the selling stockholders identified therein of shares of the Company’s common stock, par value $0.0001 per share issuable upon exercise of certain warrants.</p> <p style="font: 10pt/normal 'times new roman', times, serif; margin: 0pt 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-stretch: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;"> </p> <p style="font: 10pt/normal 'times new roman', times, serif; margin: 0pt 0px; text-align: justify; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-stretch: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;">This Pre-Effective Amendment No. 1 to Form S-3 on Form S-1 is being filed to convert the Form S-3 into a Registration Statement on Form S-1, and contains an updated prospectus relating to the offering and sale of the shares of common stock that were originally part of the initial filing for resale on the Form S-3.</p> <p style="font: 10pt/normal 'times new roman', times, serif; margin: 0pt 0px; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-stretch: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;"> </p> <p style="font: 10pt/normal 'times new roman', times, serif; margin: 0pt 0px; text-align: justify; color: #000000; text-transform: none; text-indent: 0px; letter-spacing: normal; word-spacing: 0px; white-space: normal; orphans: 2; widows: 2; font-stretch: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial;">All applicable registration and filing fees were paid by the Company in connection with filing the Form S-3.</p> </div>
Document Type	S-3/A
Document Period End Date	Sep. 30, 2017
Entity Filer Category	Smaller Reporting Company

Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash	$ 514,602	$ 3,299,679	$ 418,991
Restricted cash	40,371	40,371	1,534,953
Accounts receivable	2,513,883	1,218,705
Inventory, net	4,878,195	5,341,500	1,767,942
Prepaid expenses and other current assets	2,144,224	1,347,627	986,595
Total Current Assets	10,091,275	11,247,882	4,708,481
Property and equipment:
Equipment	204,300	175,537	105,902
Furniture and fixtures	98,828	79,062	72,713
Tooling and molds	581,881	581,881	390,952
Property and equipment, gross	885,009	836,480	569,567
Accumulated depreciation	(574,485)	(456,752)	(196,353)
Property and equipment, net	310,524	379,728	373,214
Goodwill	23,433,922	15,479,662
Other intangible assets, net of amortization of $1,155,257 and $318,842, respectively	12,694,710	8,285,725
Total Assets	46,530,431	35,392,997	5,081,695
Current Liabilities
Accounts payable	2,301,268	2,070,658	1,333,137
Accrued expenses	3,139,072	2,901,672	641,438
Customer deposits	3,676,395	6,068,894	8,729
Short-term debt	212,960	773,969
Convertible notes payable, net of discount of $351,078 and $1,366,667, respectively, and net of deferred debt issuance costs of $0 and $123,563, respectively	1,743,330	9,770	1,796,698
Derivative liability conversion feature			420,360
Other current liabilities - contingent consideration	5,340,432	1,496,442
Total Current Liabilities	16,413,457	13,321,405	4,200,362
Other long-term liabilities - contingent consideration	3,839,875	4,832,028
Long-term debt	638,881
Revolving loan facility, net of deferred debt issuance costs of $365,000 and $769,453, respectively	14,635,000	14,230,547
Deferred tax liability	2,267,325	190,286
Total Liabilities	37,794,538	32,574,266	4,200,362
Commitments and Contingencies
Series C Preferred Stock, $0.0001 par value: 2,000 shares designated, 2,000 and 0 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively	1,900,000
Stockholders' Equity
Common Stock, $0.0001 par value: 100,000,000 shares authorized; 16,069,477 and 7,379,924 shares issued and outstanding, respectively	1,607	738	444
Additional paid-in capital	47,454,771	33,204,943	22,787,762
Accumulated deficit	(40,620,485)	(34,659,801)	(21,906,873)
Total Stockholders' Equity	6,835,893	2,818,731	881,333
Total Liabilities, Series C Preferred Stock and Stockholders' Equity	46,530,431	35,392,997	5,081,695
Series A Preferred stock
Stockholders' Equity
Preferred stock, value		182,851
Total Stockholders' Equity		1,869,775
Series B Preferred Stock
Stockholders' Equity
Preferred stock, value		4,090,000
Total Stockholders' Equity		$ 4,090,000

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Other intangible assets, net of amortization	$ 1,155,257	$ 318,842	$ 0
Convertible notes payable, net of discount	351,078	1,366,667	1,445,342
Net of deferred debt issuance costs	0	123,563	52,810
Revolving loan facility, net of deferred debt issuance cost	$ 365,000	$ 769,453
Series C Preferred Stock, par value	$ 0.0001
Series C Preferred Stock, shares authorized	2,000
Series C Preferred Stock, shares issued	2,000
Series C Preferred Stock, shares outstanding	2,000
Preferred stock, par value	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000	10,000,000
Common stock, par value	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000	10,000,000
Common stock, shares issued	16,069,477	7,379,924	4,442,528
Common stock, shares outstanding	16,069,477	7,379,924	4,442,528
Series A Preferred stock
Preferred stock, par value	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	3,125,000	3,125,000	3,125,000
Preferred stock, shares issued	0	310,268
Preferred stock, shares outstanding	0	310,268
Preferred stock, liquidation preferences	$ 0	$ 440,594
Series B Preferred Stock
Preferred stock, par value	$ 0.0001	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	4,500,000	4,500,000	4,500,000
Preferred stock, shares issued	0	4,500,000
Preferred stock, shares outstanding	0	4,500,000
Preferred stock, liquidation preferences	$ 0	$ 5,625,000

Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Consolidated Statements of Operations - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Statements of Operations [Abstract]
Revenues	$ 4,530,088	$ 3,093,356	$ 18,867,564	$ 3,174,151	$ 7,736,320	$ 616,854
Cost of goods sold	1,706,020	1,747,633	8,740,792	1,886,802	4,434,868	1,823,824
Gross Profit	2,824,068	1,345,723	10,126,772	1,287,349	3,301,452	(1,206,970)
Operating Expenses
General and administrative	2,541,753	1,946,233	5,764,111	4,659,647	6,241,685	3,565,242
Selling and marketing	1,288,949	792,481	3,373,370	1,910,030	2,881,668	3,423,567
Research and development	677,104	80,208	939,726	824,888	888,187	2,728,518
Total Operating Expenses	4,507,806	2,818,922	10,077,207	7,394,565	10,011,540	9,717,327
Operating Income (Loss)	(1,683,738)	(1,473,199)	49,565	(6,107,216)	(6,710,088)	(10,924,297)
Other Income and (Expense)
Interest income				23	23	727
Interest expense	(2,173,919)	(969,450)	(5,596,931)	(1,684,959)	(3,275,059)	(1,249,961)
Inducement expense						(755,000)
Loss on extinguishment of debt				(272,749)	(272,749)	(635,986)
Realized gain on change in fair value of derivative liabilities						47,242
Change in fair value of derivative liabilities	(80,307)			(2,299,020)	(2,299,020)	444,728
Change in fair value of contingent consideration			(133,755)
Total Other Expense, Net	(2,254,226)	(969,450)	(5,730,686)	(4,256,705)	(5,846,805)	(2,148,250)
Loss before Income Taxes	(3,937,964)	(2,442,649)	(5,681,121)	(10,363,921)	(12,556,893)	(13,072,547)
Provision for Income Taxes	(93,188)	(5,000)	(279,563)	(5,000)	(196,035)	(4,307)
Net Loss	(4,031,152)	(2,447,649)	(5,960,684)	(10,368,921)	(12,752,928)	(13,076,854)
Preferred stock dividends	(97,080)	(438,717)	(705,149)	(581,303)	(1,080,741)
Net Loss applicable to Common Stockholders	$ (4,128,232)	$ (2,886,366)	$ (6,665,833)	$ (10,950,224)	$ (13,833,669)	$ (13,076,854)
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	$ (0.28)	$ (0.44)	$ (0.60)	$ (1.87)	$ (2.24)	$ (4.82)
Weighted Average Number of Shares of Common Stock Outstanding - Basic and Diluted	14,849,099	6,576,004	11,023,375	5,841,933	6,172,272	2,711,198

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Deficit
Beginning balance at Dec. 31, 2014	$ 2,735,344		$ 248	$ 11,565,115	$ (8,830,019)
Beginning balance, Shares at Dec. 31, 2014			2,477,605
Exercise of common stock purchase warrants, net of fees	650,000		$ 3	649,997
Exercise of common stock purchase warrants, net of fees, Shares			32,500
Issuance of common stock and warrants for cash, net of fees	2,917,378		$ 33	2,917,345
Issuance of common stock and warrants for cash, net of fees, Shares			332,143
Stock issued related to waiver of installment provisions	139,921		$ 6	139,915
Stock issued related to waiver of installment provisions, Shares			58,300
Issuance of common stock for services	2,381,961		$ 25	2,381,936
Issuance of common stock for services, Shares			254,147
Issuance of restricted stock to employees	373,834		$ 2	373,832
Issuance of restricted stock to employees, Shares			16,000
Release of escrowed common stock to officers			$ 1	(1)
Release of escrowed common stock to officers, Shares			11,833
Issuance of common stock and warrants in connection with the World Ventures Holding Transaction	1,974,522		$ 100	1,974,422
Issuance of common stock and warrants in connection with the World Ventures Holding Transaction, Shares			1,005,000
Shares issued in connection with the issuance of convertible notes on December 8, 2015	333,000		$ 9	332,991
Shares issued in connection with the issuance of convertible notes on December 8, 2015, Shares			90,000
Warrants issued in connection with the issuance of convertible notes on April 23, 2015, net of deferred financing costs	1,513,434			1,513,434
Inducement fees	755,000		$ 3	754,997
Inducement fees, Shares			25,000
Conversion of convertible notes and interest to common stock	183,793		$ 14	183,779
Conversion of convertible notes and interest to common stock, Shares			140,000
Net loss	(13,076,854)				(13,076,854)
Ending balance at Dec. 31, 2015	881,333		$ 444	22,787,762	(21,906,873)
Ending balance, Shares at Dec. 31, 2015			4,442,528
Issuance of common stock for services	619,254		$ 21	619,233
Issuance of common stock for services, Shares			204,553
Reclassification of remaining conversion feature liability	1,702,400			1,702,400
Issuance of common stock and warrants in connection with the acquisition of Logicmark	900,000		$ 8	899,992
Issuance of common stock and warrants in connection with the acquisition of Logicmark, Shares			78,740
Exercise of common stock purchase warrants in connection with the acquisition of Logicmark			$ 16	(16)
Exercise of common stock purchase warrants in connection with the acquisition of Logicmark, Shares			157,480
Conversion of convertible notes and interest to common stock	3,943,421		$ 160	3,943,261
Conversion of convertible notes and interest to common stock, Shares			1,601,905
Issuance of Series A preferred stock, net	2,269,775	$ 2,269,775
Issuance of Series A preferred stock, net, Shares		2,500,000
Conversion of Series A preferred stock and dividends to common stock	374,217	$ (2,086,924)	$ 83	2,461,058
Conversion of Series A preferred stock and dividends to common stock, Shares		(2,189,732)	834,718
Shares issued in connection with the management incentive plan for 2015	372,000		$ 6	371,994
Shares issued in connection with the management incentive plan for 2015, Shares			60,000
Issuance of Series B preferred stock, net	4,090,000	$ 4,090,000
Issuance of Series B preferred stock, net, Shares		4,500,000
Note discount recorded in connection with the issuance of Convertible Exchange notes on November 29, 2016	1,500,000			1,500,000
Net loss	(12,752,928)				(12,752,928)
Preferred stock dividend	(1,080,741)			(1,080,741)
Ending balance at Dec. 31, 2016	2,818,731	$ 4,272,851	$ 738	$ 33,204,943	$ (34,659,801)
Ending balance, Shares at Dec. 31, 2016		4,810,268	7,379,924
Net loss	(5,960,684)
Ending balance at Sep. 30, 2017	$ 6,835,893

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended		12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Cash Flows from Operating Activities
Net Loss	$ (5,960,684)	$ (10,368,921)	$ (12,752,928)	$ (13,076,854)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	117,733	191,545	260,399	183,196
Stock based compensation	1,381,974	926,676	1,113,129	1,513,584
Amortization of debt discount	1,448,506	515,032	648,365	1,093,371
Amortization of intangible assets	836,415	136,232	318,842
Amortization of discount on contingent consideration	124,701		91,682
Change in fair value of contingent consideration	133,755
Non-cash charge for modification of convertible exchange note terms	191,630
Non-cash charge for modification of warrant terms	37,000
Loss on extinguishment of debt		272,749	272,749	635,986
Amortization of deferred debt issuance costs	985,516	282,822	631,994	35,683
Inducement fees				755,000
Non-cash inventory charge		48,405	48,405	999,124
Deferred taxes	279,563		190,286
Loss on conversion of convertible note interest		44,628
Unrealized (loss) gain on change in fair value of derivative liabilities		2,299,020	2,299,020	(444,728)
Realized gain on change in fair value of derivative liabilities				(47,242)
Stock issued related to waiver of installment provisions				139,921
Other			44,628	69,850
Changes in operating assets and liabilities:
Accounts receivable	(1,203,368)	(372,375)	(721,230)
Inventory	463,305	(461,445)	(1,055,846)	(2,407,522)
Prepaid expenses and other current assets	(437,112)	(325,338)	(362,399)	400,497
Accounts payable	(45,509)	236,956	120,008	1,352,881
Accrued expenses	218,383	887,344	1,842,683	306,451
Customer deposits	(2,641,948)	2,670,581	6,060,165	(129,870)
Total Adjustments	1,890,544	7,352,832	11,865,666	4,456,182
Net Cash Used in Operating Activities	(4,070,140)	(3,016,089)	(950,048)	(8,620,672)
Cash Flows from Investing Activities
Restricted cash		1,495,449	1,494,582	(1,506,514)
Pay down of contingent consideration	(1,500,000)
Acquisition, net of cash acquired	(89,111)	(17,390,290)	(17,390,290)
Purchase of equipment	(6,486)	(39,073)	(39,073)	(381,767)
Net Cash Used in Investing Activities	(1,595,597)	(15,934,698)	(15,934,781)	(1,888,281)
Cash Flows from Financing Activities
Proceeds received from issuance of Series A preferred stock, net		1,869,775	1,869,775
Proceeds received from issuance of Series B preferred stock, net		4,090,000	4,090,000
Proceeds received from short-term promissory note		400,000	400,000
Revolver borrowings, net		14,000,000	13,906,250
Pay down of short-term debt	(773,969)	(250,000)	(1,726,031)
Proceeds received in connection with issuance of common stock and warrants, net	3,069,940			5,114,353
Proceeds received from issuance of convertible exchange notes, net	594,408		1,400,000
Fees paid in connection with equity offerings	(9,719)	(44,521)	(51,020)
Payment of Series A preferred stock dividends			(123,457)
Proceeds from convertible notes payable				2,962,304
Proceeds from exercise of common stock warrants		50,000		650,000
Net Cash Provided by Financing Activities	2,880,660	20,115,254	19,765,517	8,726,657
Net (Decrease) Increase in Cash	(2,785,077)	1,164,467	2,880,688	(1,782,296)
Cash - Beginning of Period	3,299,679	418,991	418,991	2,201,287
Cash - End of Period	514,602	1,583,458	3,299,679	418,991
Cash paid during the periods for:
Interest	2,832,934	237,500	930,219
Taxes	4,500	8,764	8,764	1,000
Non-cash financing activities:
Equipment purchases on payment terms	10,075			18,420
Fees incurred in connection with revolving credit facility	450,000	350,000	256,250
Accrued fees incurred in connection with equity offerings	102,123	160,467		222,453
Issuance of common stock in connection with accelerated installments of notes payable		3,294,850	3,294,850	350,000
Issuance of common stock in connection with conversion of interest on convertible notes		291,588	291,588
Reclassification of conversion feature liability in connection with note modification		1,702,400	1,702,400
Issuance of common stock in connection with conversion of Series A preferred stock		1,556,706	2,189,732
Exchange of short-term promissory note for Series A preferred stock		400,000	400,000
Issuance of common stock in connection with conversion of Series A preferred stock and related dividends	338,749
Issuance of common stock in connection with conversion of Series B preferred stock and related dividends and liquidated damages	6,075,000
Accrued Series A preferred dividends		143,471	92,442
Accrued Series B preferred dividends		209,375	490,625
Accrued Series C preferred dividends	35,890
Non cash consideration paid for LogicMark acquisition		9,900,000
Commitment shares issued in connection with December 8, 2015 notes				333,000
Additional convertible notes issued in connection with exchange of April 24, 2015 notes for December 8, 2015 notes				500,000
Issuance of common stock in connection with conversion of dividends on Series A preferred stock			374,217
Assets acquired and liabilities assumed:
Current assets, including cash acquired	179,794		3,541,323
Property and equipment	31,967		227,840
Other intangible assets	5,245,400
Goodwill	7,954,260
Accounts payable and accrued liabilities	(1,130,113)		(716,604)
Customer deposits	(286,948)
Deferred taxes	(1,797,476)
Net Assets Acquired	10,196,884		27,136,788
Less: cash paid to acquire Fit Pay	(100,000)		(17,500,000)
Non cash consideration	10,096,884		9,636,788
Goodwill and other intangible assets			24,084,229
Non-cash consideration consisted of:
Note payable issued to seller	851,842		2,500,000
Common stock issued to sellers	3,289,161		900,000
Series C preferred stock issued to sellers	1,900,000
Earn-out provision	4,055,881		6,236,788
Non-cash consideration	$ 10,096,884		$ 9,636,788

Consolidated Statements of Cash Flows (Parenthetical)	12 Months Ended
Consolidated Statements of Cash Flows (Parenthetical)	Dec. 31, 2016 USD ($)
Statement of Cash Flows [Abstract]
Cash acquired	$ 109,710

Organization and Basis of Presentation	9 Months Ended	12 Months Ended
Organization and Basis of Presentation	Sep. 30, 2017	Dec. 31, 2016
Organization and Basis of Presentation [Abstract]
Organization and Basis of Presentation	Note 1 – Organization and Basis of Presentation *Organization and Principal Business Activities* Nxt-ID, Inc. (“Nxt-ID” or the “Company”) was incorporated in the State of Delaware on February 8, 2012. Nxt-ID is a security technology company and operates its business in one segment — hardware and software security systems and applications. The Company’s innovative MobileBio® solution mitigates risks associated with mobile computing, m-commerce and smart OS-enabled devices. With extensive experience in biometric identity verification, security, privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with companies to provide solutions for modern payment and the “Internet of Things” (“IoT”) applications. On July 25, 2016, the Company completed the acquisition of LogicMark, LLC (“LogicMark”) pursuant to an Interest Purchase Agreement by and among the Company, LogicMark and the holders of all of the membership interests of LogicMark (the “LogicMark Sellers”), dated May 17, 2016. The Company was required to pay the LogicMark Sellers an earn-out payment of (i) $1,500,000 for calendar year 2016 and (ii) and may be required to pay the LogicMark Sellers an earn-out payment of up to $5,000,000 for calendar year 2017 if LogicMark meets certain gross profit targets set forth in the Interest Purchase Agreement. The secured subordinated promissory note originally issued to LogicMark Investment Partners on July 25, 2016 and amended on November 29, 2016 (the “LogicMark Note”) was to mature on September 23, 2016 but was extended to April 15, 2017 and then extended to July 15, 2017. The Company and the LogicMark Sellers also agreed to extend the due date on the 2016 earn-out payment to July 15, 2017. On July 19, 2017, the Company paid the 2016 earn-out payment in the amount of $1,500,000 to the LogicMark Sellers. In addition, in July 2017, the remaining balance of $594,403 owed on the LogicMark Note, including accrued and unpaid interest, was purchased by certain investors in exchange for $594,408 in principal amount of convertible notes of the Company and warrants exercisable for 297,202 shares of Common Stock. See Note 7 On May 23, 2017, the Company completed a merger (the “Merger”) pursuant to an executed Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, Fit Merger Sub, Inc., a wholly-owned subsidiary of the Company (the “Merger Sub”), Fit Pay, Inc. (“Fit Pay”), Michael Orlando (“Orlando”), Giesecke & Devrient Mobile Security America, Inc. (“G&D”), the other stockholders of Fit Pay (the “Other Holders”) and Michael Orlando in his capacity as stockholder representative representing the Other Holders (the “Stockholder Representative”, and together with Orlando and G&D, the “Sellers”). Pursuant to the Merger, Fit Pay merged with and into the Merger Sub, with the Merger Sub continuing as the surviving entity and a wholly-owned subsidiary of the Company. See Note 5. The Company’s wholly-owned subsidiary, LogicMark, manufactures and distributes non-monitored and monitored personal emergency response systems sold through the United States Department of Veterans Affairs, healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors. The Company’s wholly-owned subsidiary, Fit Pay, has a proprietary technology platform that delivers payment, credential management, authentication and other secure services to the IoT ecosystem. The platform uses tokenization, a payment security technology that replaces cardholders’ account information with a unique digital identifier, to transact highly secure contactless payment and authentication services. *Basis of Presentation* The accompanying unaudited condensed consolidated financial statements as of September 30, 2017 and for the nine and three months then ended have been prepared in accordance with the accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and pursuant to the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities and Exchange Commission (“SEC”) and on the same basis as the Company prepares its annual audited consolidated financial statements. The unaudited condensed consolidated balance sheet as of September 30, 2017 and the condensed consolidated statements of operations for the nine and three months ended September 30, 2017 and September 30, 2016 and the condensed consolidated statements of cash flows for the nine months ended September 30, 2017 and September 30, 2016 are unaudited, but include all adjustments, consisting only of normal recurring adjustments, which the Company considers necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The results for the nine and three months ended September 30, 2017 are not necessarily indicative of results to be expected for the year ending December 31, 2017 or for any future interim period. The condensed consolidated balance sheet at December 31, 2016 has been derived from audited consolidated financial statements. However, it does not include all of the information and notes required by GAAP for complete consolidated financial statements. The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2016, and notes thereto included in the Company’s annual report on Form 10-K, which was filed with the SEC on April 14, 2017 (the “2016 10-K”), and Amendment No. 1 to the 2016 10-K filed with the SEC on July 7, 2017.	NOTE 1 - ORGANIZATION AND PRINCIPAL BUSINESS ACTIVITY Nxt-ID, Inc. (“Nxt-ID” or the “Company”) was incorporated in the State of Delaware on February 8, 2012. Nxt-ID is a security technology company providing security for finance, assets and healthcare. The Company’s innovative MobileBio solution mitigates risks associated with mobile computing, m-commerce and smart OS-enabled devices. With extensive experience in biometric identity verification, security, privacy, encryption and data protection, payments, miniaturization and sensor technologies, the Company partners with industry leading companies to provide solutions for modern payment and the Internet of Things applications. The Company’s wholly-owned subsidiary, LogicMark, LLC (“LogicMark”), manufactures and distributes non-monitored and monitored personal emergency response systems sold through the United States Department of Veterans Affairs, healthcare durable medical equipment dealers and distributors and monitored security dealers and distributors. The Company operates its business in one segment, Hardware and Software Security Systems and Applications. The Company evaluates the performance of its business on, among other things, profit and loss from operations before interest, headquarters’ expense allocations, stock-based compensation expense, income taxes and amortization related to certain intangible assets. On June 25, 2012, Nxt-ID, a company having similar ownership as 3D-ID, acquired 100% of the membership interests in 3D-ID (the “Acquisition”) in exchange for 20,000,000 shares of Nxt-ID common stock. Since this was a transaction between entities under common control, in accordance with Accounting Standards Codification (“ASC”) 805, “Business Combinations”, Nxt-ID recognized the net assets of 3D-ID at their carrying amounts in the accounts of Nxt-ID on the date that 3D-ID was organized. 3D-ID, LLC (“3D-ID”) was organized and registered in the State of Florida on February 14, 2011. On July 25, 2016, the Company completed the acquisition of LogicMark, LLC (“LogicMark”) pursuant to an Interest Purchase Agreement by and among the Company, LogicMark and the holders of all of the membership interests of LogicMark (the “Logicmark Sellers”), dated May 17, 2016 (the “Interest Purchase Agreement”). Pursuant to the Interest Purchase Agreement, the Company acquired all of the membership interests of Logicmark from the Logicmark Sellers for (i) $17.5 million in cash consideration (ii) $2.5 million in a secured promissory note (the “Logicmark Note”) issued to Logicmark Investment Partners, LLC, as representative of the Logicmark Sellers (the “Logicmark Representative”) (iii) 78,740 shares of common stock, which were issued upon signing of the Interest Purchase Agreement (the “Logicmark Shares”), and (iv) warrants (the “Logicmark Warrants,”) to purchase an aggregate of 157,480 shares of common stock (the “Logicmark Warrant Shares”) for no additional consideration. In addition, the Company may be required to pay the Logicmark Sellers earn-out payments of (i) up to $1,500,000 for calendar year 2016 and (ii) up to $5,000,000 for calendar year 2017 if LogicMark meets certain gross profit targets set forth in the Interest Purchase Agreement. The Logicmark Note originally was to mature on September 23, 2016 but was extended to April 15, 2017. During 2016 the Company paid down $1,726,031 of the Seller Note with cash generated from operations as well as from the net cash proceeds received of $1,400,000 from the issuance of the convertible exchange notes issued on November 29, 2016. The Note accrues interest at a rate of 15% per annum. The Logicmark Warrants were all exercised on July 27, 2016.

Reverse Stock Split	9 Months Ended	12 Months Ended
Reverse Stock Split	Sep. 30, 2017	Dec. 31, 2016
Reverse Stock Split [Abstract]
REVERSE STOCK SPLIT	Note 2 – Reverse Stock Split On September 1, 2016, the Company’s board of directors and stockholders approved a resolution to amend the Company’s Certificate of Incorporation and to authorize the Company to effect a reverse split of the Company’s outstanding common stock at a ratio of 1-for-10 (the “Reverse Split”). On September 9, 2016, the Company effected the Reverse Split. Upon effectiveness of the Reverse Split, every ten (10) shares of outstanding common stock decreased to one (1) share of common stock. Throughout this report, the Reverse Split was retroactively applied to all periods presented.	NOTE 2 - RECLASSIFICATION OF DEFERRED DEBT ISSUANCE COSTS AND REVERSE STOCK SPLIT On September 1, 2016, the Company’s board of directors and stockholders approved a resolution to amend the Company’s Certificate of Incorporation and to authorize the Company to effect a reverse split of the Company’s outstanding common stock at a ratio of 1-for-10 (the “Reverse Split”). On September 9, 2016, the Company effected the Reverse Split. Upon effectiveness of the Reverse Split, every 10 shares of outstanding common stock decreased to one share of common stock. Throughout this report, the Reverse Split was retroactively applied to all periods presented. In April 2015, the FASB issued Accounting Standards Update 2015-03, Interest - Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”), which provides guidance for simplifying the presentation of debt issuance costs. ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of debt liability, consistent with debt discounts or premiums. This guidance will be effective for fiscal years beginning after December 15, 2015, and early adoption is permitted for financial statements that have not been previously issued. The standard requires application on a retrospective basis and represents a change in accounting principle. In addition, in August 2015, Accounting Standards Update 2015-15, Interest - Imputation of Interest (“ASU 2015-15”), was released, which codified guidance pursuant to the SEC Staff Announcement at the June 18, 2015 Emerging Issues Task Force (EITF) meeting about the presentation and subsequent measurement of debt issuance costs associated with line-of-credit arrangements. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, ASU 2015-15 states the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. In accordance with the 2016 adoption of Accounting Standards Update 2015-03, the Company revised the presentation of its previously reported December 31, 2015 Consolidated Balance Sheet to reflect a deduction of $52,810 of deferred debt issuance costs from the amount of convertible notes payable previously presented.

Liquidity and Management Plans	9 Months Ended	12 Months Ended
Liquidity and Management Plans	Sep. 30, 2017	Dec. 31, 2016
Liquidity and Management Plans [Abstract]
LIQUIDITY AND MANAGEMENT PLANS	Note 3 - Liquidity and Management Plans The Company is an emerging growth company and recorded operating income of $49,565 and a net loss of $5,960,684 during the nine months ended September 30, 2017. As of September 30, 2017, the Company had a working capital deficiency of $6,322,182 (including contingent consideration of $5,340,432) and stockholders’ equity of $6,835,893. Given the Company’s cash position at September 30, 2017, proceeds from equity and note offerings subsequent to September 30, 2017 (See Note 10) and its projected cash flow from operations over the next twelve months, the Company believes that it will have sufficient capital to sustain operations over the next twelve months following the date of this filing. In order to execute the Company’s long-term strategic plan to develop and commercialize its core products, fulfill its product development commitments and fund its obligations as they come due, the Company may need to raise additional funds, through public or private equity offerings, debt financings, or other means. Should the Company not be successful in obtaining the necessary financing, or generate sufficient revenue to fund its operations, the Company would need to engage in certain cost containment efforts, and/or curtail certain of its operational activities.	NOTE 3 - LIQUIDITY AND MANAGEMENT PLANS The Company is an emerging growth entity and incurred net losses of $12,752,928 during the year ended December 31, 2016. As of December 31, 2016 the Company had a working capital deficiency of $2,073,523 and stockholders’ equity of $2,818,731. As of December 31, 2015, the Company had substantial doubt about its ability to continue as a going concern as it had no revenues and required additional cash to execute its business plan. The accompanying 2015 financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. As of December 31, 2016, the Company had alleviated this concern as it had raised additional capital and acquired a profitable revenue generating subsidiary, LogicMark LLC. In addition the Company began to recognize revenues from its contract with World Ventures Holdings Inc. In order to execute the Company’s long-term strategic plan to develop and commercialize its core products, fulfill its product development commitments and fund its obligations as they come due, the Company may need to raise additional funds, through public or private equity offerings, debt financings, or other means. During the twelve months ended December 31, 2016, the Company raised $1,869,775 in net proceeds from the issuance of the Company’s Series A Convertible Preferred Stock, $0.0001 par value (the “Series A Preferred Stock”) and $400,000 from the issuance of a promissory note that was converted into Series A Preferred Stock. In addition, the Company received $4,090,000 in net proceeds from the issuance of the Company’s Series B Convertible Preferred Stock, $0.0001 par value (the “Series B Preferred Stock”). However, the Company can give no assurance that any cash raised subsequent to December 31, 2016 will be sufficient to execute its business plan or meet its obligations. The Company can give no assurance that additional funds will be available on reasonable terms, or available at all, or that it will generate sufficient revenue to alleviate these conditions. The Company’s ability to execute its business plan is dependent upon its ability to raise additional equity, secure debt financing, and/or generate revenue. Should the Company not be successful in obtaining the necessary financing, or generate sufficient revenue to fund its operations, the Company would need to curtail certain of its operational activities.

Summary of Significant Accounting Policies

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Summary of Significant Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Note 4 - Summary Of Significant Accounting Policies

Use of Estimates in the Financial Statements

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s management evaluates these significant estimates and assumptions including those related to the fair values of acquired assets and liabilities assumed in business combinations, stock based compensation, derivative financial instruments, income taxes and related valuation allowances, accounts receivable and inventory, and other matters that affect the condensed consolidated financial statements and disclosures. Actual results could differ from those estimates.

Principles of consolidation

The condensed consolidated financial statements include the accounts of Nxt-ID and its wholly-owned subsidiaries, 3D-ID, LogicMark and Fit Pay. Intercompany balances and transactions have been eliminated in consolidation.

Concentrations of Credit Risk

During the nine and three months ended September 30, 2017, the Company recognized revenue of $7,057,032 and $767,751, respectively, from World-Ventures Holdings, LLC (“WVH”), a related party based on its position as the Company’s largest stockholder. At September 30, 2017, the Company’s accounts receivable balance included $1,893,662 due from WVH.

Revenue Recognition

The Company recognizes revenue from product sales when persuasive evidence of an arrangement exists, the service has been rendered or product delivery has occurred, the price is fixed or readily determinable and collectability of the sale is reasonably assured.

Accounts Receivable

Accounts receivable is stated at net realizable value. The Company regularly reviews accounts receivable balances and adjusts the receivable reserves as necessary whenever events or circumstances indicate the carrying value may not be recoverable. The Company had no allowance for doubtful accounts at September 30, 2017 and December 31, 2016.

Inventory

The Company performs regular reviews of inventory quantities on hand and evaluates the realizable value of its inventories. The Company adjusts the carrying value of the inventory as necessary with estimated valuation reserves for excess, obsolete, and slow-moving inventory by comparing the individual inventory parts to forecasted product demand or production requirements. As of September 30, 2017, inventory was comprised of $3,756,866 in raw materials and $1,121,329 in finished goods on hand. Inventory at December 31, 2016 was comprised of $3,797,499 in raw materials and $1,544,001 in finished goods on hand. The Company is required to prepay for raw materials with certain vendors until credit terms can be established. As of September 30, 2017, and December 31, 2016, the Company had prepaid inventory of $1,321,230 and $1,089,770, respectively. These prepayments were made primarily for raw materials inventory and prepaid inventory is included in prepaid expenses and other current assets on the condensed consolidated balance sheet.

Goodwill

The Company’s goodwill relates to the acquisitions of LogicMark and Fit Pay. The Company began testing goodwill for impairment in the third quarter of 2017 as it relates to the acquisition of LogicMark which occurred on July 25, 2016. As part of the annual evaluation, the Company utilized the option to first assess qualitative factors, which include but are not limited to, economic, market and industry conditions, as well as the financial performance of LogicMark. In accordance with applicable guidance, an entity is not required to calculate the fair value of a reporting unit if, after assessing these qualitative factors, the Company determines that it is more likely than not that its reporting unit’s fair value is greater than its carrying amount. During the three and nine months ended September 30, 2017, the Company determined that it was more likely than not that the fair value of LogicMark exceeded its respective carrying amount and therefore, a quantitative assessment was not required. The Company has not recognized any goodwill impairment in 2017 in connection with its annual impairment test. The Company will begin testing the Fit Pay related goodwill for impairment annually in the second quarter of each year.

Other Intangible Assets

The Company’s intangible assets are all related to the acquisitions of LogicMark and Fit Pay and are included in other intangible assets in the Company’s condensed consolidated balance sheets at September 30, 2017 and December 31, 2016.

At September 30, 2017, the other intangible assets related to the acquisition of LogicMark are comprised of patents of $3,657,833; trademarks of $1,182,973; and customer relationships of $2,875,123. At December 31, 2016, the other intangible assets are comprised of patents of $3,936,612; trademarks of $1,230,002; and customer relationships of $3,119,111. The Company will continue amortizing these intangible assets using the straight-line method over their estimated useful lives which for the patents, trademarks and customer relationships are 11 years; 20 years; and 10 years, respectively. During the nine and three months ended September 30, 2017, the Company had amortization expense of $569,796 and $192,019, respectively related to the LogicMark intangible assets.

At September 30, 2017, the other intangible assets related to the acquisition of Fit Pay, which was completed on May 23, 2017, are comprised of trademarks of $392,286; technology of $3,225,675; and customer relationships of $1,360,820. The Company will continue amortizing these intangible assets using the straight-line method over their estimated useful lives which for trademarks, technology and customer relationships are 25 years; 7 years; and 6 years, respectively. During the nine and three months ended September 30, 2017, the Company had amortization expense of $266,619 and $187,244, respectively, related to the Fit Pay intangible assets.

As of September 30, 2017, amortization expense estimated for the remainder of fiscal year 2017 related to both the LogicMark and Fit Pay intangibles is approximately $380,000 and for each of the next five(5) fiscal years, 2018 through 2022, the amortization expense is estimated to be approximately $1,505,000 per year.

Stock-Based Compensation

The Company accounts for share-based awards exchanged for employee services at the estimated grant date fair value of the award. The Company accounts for equity instruments issued to non-employees at their fair value on the measurement date. The measurement of stock-based compensation is subject to periodic adjustment as the underlying equity instrument vests or becomes non-forfeitable. Non-employee stock-based compensation charges are amortized over the vesting period or as earned. The Company generally issues new shares of common stock to satisfy conversion and warrant exercises.

Net Loss per Share

Basic loss per share was computed using the weighted average number of common shares outstanding. Diluted loss per share includes the effect of diluted common stock equivalents. Potentially dilutive securities of 1,151,374 realizable from the convertible exchange notes and related accrued interest and from the exercise of 3,926,251 warrants as of September 30, 2017 were excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive for the nine and three months ended September 30, 2017. As of September 30, 2016, potentially dilutive securities realizable from the convertible Series A and Series B Preferred Stock, and from the exercise of 1,319,049 warrants were excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”), which stipulates that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for such goods or services. To achieve this core principle, an entity should apply the following steps: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract(s); (3) determine the transaction price(s); (4) allocate the transaction price(s) to the performance obligations in the contract(s); and (5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also requires advanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity’s contracts with customers. In August 2015, the FASB issued Accounting Standards Update No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (“ASU 2015-14”), which defers the effective date of FASB’s revenue standard under ASU 2014-09 by one year for all entities and permits early adoption on a limited basis. As a result of ASU 2015-14, the guidance under ASU 2014-09 shall apply for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that period. Early adoption is permitted as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within those annual periods. In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net), which clarified the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, which clarified the implementation guidance regarding performance obligations and licensing arrangements. As permitted under the standard, the Company plans to adopt ASU 2014-09 in the first quarter of 2018 using the modified retrospective approach and recognize the cumulative effect to existing contracts in opening retained earnings on the effective date. The Company is currently reviewing and evaluating this guidance and its impact on its consolidated financial statements.

In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09 (“ASU 2016-09”), “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” ASU 2016-09 will affect all entities that issue share-based payment awards to their employees and is effective for annual periods beginning after December 15, 2016 for public entities. The areas for simplification in ASU 2016-09 involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company adopted this standard in the first quarter of 2017 and it did not have a material impact on its condensed consolidated financial statements.

In May 2016, the FASB issued ASU No. 2016-12 (“ASU 2016-12”), “Revenue from Contracts with Customers (Topic 606): Narrow- Scope Improvements and Practical Expedients.” ASU 2016-12 will affect all entities that enter into contracts with customers to transfer goods or services (that are an output of the entity’s ordinary activities) in exchange for consideration. The amendments in this update affect the guidance in ASU 2014-09 which is not yet effective, the amendments in this update affect narrow aspects of Topic 606 including among others: assessing collectability criterion, noncash consideration, and presentation of sales taxes and other similar taxes collected from customers. The effective date and transition requirements for the amendments in this update are the same as the effective date and transition requirements for ASU 2014-09. The Company is currently evaluating the effect that ASU 2016-12 will have on the Company’s condensed consolidated financial position and results of operations.

In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows: Restricted Cash (“ASU No. 2016-18”). The amendments address diversity in practice that exists in the classification and presentation of changes in restricted cash and require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. This ASU is effective retrospectively for fiscal years and interim periods within those years beginning after December 15, 2017. The Company does not expect the adoption of this ASU to have a material impact on its consolidated financial statements.

In January 2017, the FASB issued ASU No. 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” The amendments in this update clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of businesses. The amendments in this update provide a screen to determine when a set is not a business. If the screen is not met, it (1) requires that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and (2) removes the evaluation of whether a market participant could replace the missing elements. The amendments in this Update are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. This ASU is not expected to have a material impact on the Company’s condensed consolidated financial statements.

In May 2017, the FASB issued ASU 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” to provide clarity and reduce both (1) diversity in practice and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The amendments in this Update provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The amendments in this Update are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. This ASU is not expected to have a material impact on the Company’s condensed consolidated financial statements.

NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

USE OF ESTIMATES IN THE FINANCIAL STATEMENTS

The preparation of consolidated financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company’s management evaluates these significant estimates and assumptions included those related to the fair value of acquired assets and liabilities, stock based compensation, derivative instruments, income taxes and inventories, and other matters that affect the consolidated financial statements and disclosures. Actual results could differ from those estimates.

PRINCIPLES OF CONSOLIDATION

The consolidated financial statements include the accounts of Nxt-ID and its wholly-owned subsidiaries, 3D-ID and LogicMark. Intercompany balances and transactions have been eliminated in consolidation.

CASH

The Company considers all highly liquid securities with an original maturity date of three months or less when purchased to be cash equivalents. Due to their short-term nature, cash equivalents are carried at cost, which approximates fair value. At December 31, 2016 and 2015, the Company had no cash equivalents.

RESTRICTED CASH

At December 31, 2016 and 2015, the Company had restricted cash of $40,371 and $1,534,953, respectively. The restricted cash balance at December 31, 2015 included $1,500,000 received on December 31, 2015 as a result of the World Ventures Holdings transaction, described elsewhere in the notes to these consolidated financial statements. Restricted cash also includes amounts held back by the Company’s third party credit card processor for potential customer refunds, claims and disputes.

CONCENTRATIONS OF CREDIT RISK

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company maintains its cash balances in large well-established financial institutions located in the United States. At times, the Company’s cash balances may be uninsured or in deposit accounts that exceed the Federal Deposit Insurance Corporation (“FDIC”) insurance limits.

During the year ended December 31, 2016, the Company recognized revenue of $1,357,413 from WVH a related party. At December 31, 2016, the Company’s accounts receivable balance included $621,724 due from WVH.

REVENUE RECOGNITION

The Company recognizes revenue when persuasive evidence of an arrangement exists, the service has been rendered or product delivery has occurred, the price is fixed or readily determinable and collectability of the sale is reasonably assured. The Company’s wocket® smart wallet sales comprise multiple element arrangements including both the wocket® smart wallet device itself as well as unspecified future upgrades. The Company offers to all of its end-consumer customers a period of fourteen days post the actual receipt date in which to return their wocket® smart wallet. The Company was unable to reliably estimate returns at the time shipments were made during the year’s ended December 31, 2016 and 2015 due to lack of return history. Accordingly, the Company has recognized revenue only on those shipments whose fourteen day return period had lapsed by December 31, 2016 or 2015. Such sales during the fourteen day period ending December 31, 2016 or 2015 were not material. The Company accrues for the estimated costs associated with the one year wocket® smart wallet warranty at the time revenue associated with the sale is recorded, and periodically updates its estimated warranty cost based on actual experience. At December 31, 2016 and 2015, such amounts were not material.

SHIPPING AND HANDLING

Amounts billed to customers for shipping and handling are included in revenues. The related freight charges incurred by the Company are included in cost of goods and were not material for either the years ended December 31, 2016 or 2015.

ACCOUNTS RECEIVABLE

For the year ended December 31, 2016, the Company’s revenues included shipments of the wocket® smart wallet to customers who placed orders in 2016. For the year ended December 31, 2015, the Company’s revenues related to shipments of the wocket® smart wallet to customers who pre-ordered the product in 2014 as well as to those customers who ordered the product in 2015. In addition, the revenues for the year ended December 31, 2016 and 2015 included resale sales of the wocket® smart wallet to retail customers who resell the wocket® smart wallet through their respective distribution channels. The aggregate amount of these resale sales was $33,540 and $167,164 for the years ended December 31, 2016 and 2015, respectively. The terms and conditions of these sales provide the retail customers with trade credit terms. In addition, these sales were made to the retailers with no rights of return and are subject to the normal warranties offered to the ultimate consumer for product defects.

Accounts receivable is stated at net realizable value. The Company regularly reviews accounts receivable balances and adjusts the receivable reserves as necessary whenever events or circumstances indicate the carrying value may not be recoverable. At December 31, 2016, the Company had no allowance for doubtful accounts.

INVENTORY

Effective October 1, 2015 for application prospectively, the Company adopted FASB Accounting Standards Update No. 2015-11, simplifying the Measurement of Inventory (“ASU 2015-11”). ASU 2015-11 requires that inventory is measured at the lower of cost or net realizable value, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. Previously, inventory was measured at the lower of cost or market. The Company adopted ASU 2015-11 in connection with its fourth quarter 2015 inventory valuation review, and prompted by the impact of EMV chip point of sale and Nearfield Communication technologies on our business. As a result, the Company’s fourth quarter 2015 inventory valuation charges were determined based upon our inventory’s net realizable value.

The Company performs regular reviews of inventory quantities on hand and evaluates the realizable value of its inventories. The Company adjusts the carrying value of the inventory as necessary with estimated valuation reserves for excess, obsolete, and slow-moving inventory by comparing the individual inventory parts to forecasted product demand or production requirements. The inventory is valued at the lower of cost or net realizable value with cost determined using the first-in, first-out method. As of December 31, 2016 inventory was comprised of $3,797,499 in raw materials and $1,544,001 in finished goods on hand. As of December 31, 2015 inventory was comprised of $1,587,653 in raw materials and $180,289 in finished goods on hand. As an emerging growth company, the Company is required to prepay for raw materials with certain vendors until credit terms can be established. As of December 31, 2016 and 2015, $1,089,770 and $49,103, respectively of prepayments made primarily for raw materials inventory is included in prepaid expenses and other current assets on the consolidated balance sheet.

LONG-LIVED ASSETS

Long-lived assets, such as property and equipment, goodwill and other intangibles are evaluated for impairment whenever events or changes in circumstances indicate the carrying value of an asset may not be recoverable in accordance with ASC 360-10-35-17 through 35-35 “Measurement of an Impairment Loss.” The Company assesses the impairment of the assets based on the undiscounted future cash flow the assets are expected to generate compared to the carrying value of the assets. If the carrying amount of the assets is determined not to be recoverable, a write-down to fair value is recorded. Management estimates future cash flows using assumptions about expected future operating performance. Management’s estimates of future cash flows may differ from actual cash flow due to, among other things, technological changes, economic conditions or changes to the Company’s business operations.

PROPERTY AND EQUIPMENT

Property and equipment consisting of furniture, fixtures and tooling is stated at cost. The costs of additions and improvements are generally capitalized and expenditures for repairs and maintenance are expensed in the period incurred. When items of property and equipment are sold or retired, the related costs and accumulated depreciation are removed from the accounts and any gain or loss is included in income. Depreciation of property and equipment is provided utilizing the straight-line method over the estimated useful life of the respective asset as follows:

Equipment			5 years
Furniture and fixtures			3 to 5 years
Tooling and molds			2 to 3 years

Goodwill

On July 25, 2016, the Company recorded goodwill of $15,479,662 as a result of the LogicMark acquisition. The Company will begin testing goodwill for impairment annually in the third quarter of each year using data as of August 1 of that year. Authoritative accounting guidance allows the Company to first assess qualitative factors to determine whether it is necessary to perform the more detailed two-step quantitative goodwill impairment test. The Company performs the quantitative test if its qualitative assessment determined it is more likely than not that a reporting unit’s fair value is less than its carrying amount. The Company may elect to bypass the qualitative assessment and proceed directly to the quantitative test for any reporting units or assets. The quantitative goodwill impairment test, if necessary, is a two-step process. The first step is to identify the existence of a potential impairment by comparing the fair value of a reporting unit (the estimated fair value of a reporting unit is calculated using a discounted cash flow model) with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, the reporting unit’s goodwill is considered not to be impaired and performance of the second step of the quantitative goodwill impairment test is unnecessary. However, if the carrying amount of a reporting unit exceeds its fair value, the second step of the quantitative goodwill impairment test is performed to measure the amount of impairment loss to be recorded, if any. The second step of the quantitative goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds its implied fair value, an impairment loss is recognized in an amount equal to that excess. The implied fair value of goodwill is determined using the same approach as employed when determining the amount of goodwill that would be recognized in a business combination. That is, the fair value of the reporting unit is allocated to all of its assets and liabilities as if the reporting unit had been acquired in a business combination and the fair value was the purchase price paid to acquire the reporting unit.

Other Intangible Assets

The Company’s intangible assets are all related to the LogicMark acquisition and are included in other intangible assets in the Company’s consolidated balance sheet at December 31, 2016. The Company had no intangible assets at December 31, 2015.

At December 31, 2016, the other intangible assets are comprised of patents with a fair value of $3,936,612; trademarks with a fair value of $1,230,002; and customer relationships with a fair value of $3,119,111. The Company will amortize these intangible assets using the straight line method over their estimated useful lives which for the patents, trademarks and customer relationships are 11 years; 20 years; and 10 years, respectively. During the twelve months ended December 31, 2016, the Company had amortization expense of $318,842 related to the intangible assets.

Amortization expense estimated for each of the next five fiscal years, 2017 through 2021 will be approximately $764,000 per year.

CONVERTIBLE INSTRUMENTS

The Company applies the accounting standards for derivatives and hedging and for distinguishing liabilities from equity when accounting for hybrid contracts that feature conversion options. The accounting standards require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. The criteria include circumstances in which (i) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (ii) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (iii) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument.

The derivative is subsequently marked to market at each reporting date based on current fair value, with the changes in fair value reported in the results of operations.

Conversion options that contain variable settlement features such as provisions to adjust the conversion price upon subsequent issuances of equity or equity linked securities at exercise prices more favorable than that featured in the hybrid contract generally result in their bifurcation from the host instrument.

The Company accounts for convertible debt instruments when the Company has determined that the embedded conversion options should not be bifurcated from their host instruments in accordance with ASC 470-20 “Debt with Conversion and Other Options”. The Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt using the straight line method which approximates the interest rate method. See Note 7.

DERIVATIVE FINANCIAL INSTRUMENTS

The Company does not use derivative instruments to hedge exposures to cash flow, market or foreign currency risks. The Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the consolidated statements of operations. For stock-based derivative financial instruments, the Company uses the Black-Scholes option valuation model to value the derivative instruments at inception and on subsequent valuation dates. The conversion feature embedded within Company’s convertible note payable does not have fixed settlement provisions as the conversion price varies based on the trading price of the Company’s common stock and the potential number of common shares to be issued upon conversion is indeterminable up to a maximum of 120,000 shares of common stock. In addition, the warrants issued in connection with the Offering (as defined in Note 8) do not have fixed settlement provisions as their exercise prices may be lowered if the Company conducts an offering in the future at a price per share below the exercise price of the warrants. Accordingly, the conversion feature and warrants have been recognized as derivative instruments. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. (See Note 8.)

DEBT DISCOUNT AND AMORTIZATION OF DEBT DISCOUNT

Debt discount represents the fair value of embedded conversion options of various convertible debt instruments and attached convertible equity instruments issued in connection with debt instruments. The debt discount is amortized over the earlier of (i) the term of the debt or (ii) conversion of the debt. The amortization of debt discount is included as a component of interest expense included in other income and expenses in the accompanying statements of operations.

INCOME TAXES

The Company uses the asset and liability method of accounting for income taxes in accordance with ASC Topic 740, “Income Taxes.” Under this method, income tax expense is recognized for the amount of: (i) taxes payable or refundable for the current year and (ii) deferred tax consequences of temporary differences resulting from matters that have been recognized in an entity’s financial statements or tax returns. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the year in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is provided to reduce the deferred tax assets reported if based on the weight of the available positive and negative evidence, it is more likely than not some portion or all of the deferred tax assets will not be realized.

ASC Topic 740-10-30 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740-10-40 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Company will classify as income tax expense any interest and penalties. The Company has no material uncertain tax positions for any of the reporting periods presented. Generally, the tax authorities may examine the partnership/corporate tax returns for three years from the date of filing. The Company has filed all of its tax returns for all prior periods through December 31, 2015.

STOCK-BASED COMPENSATION

NET LOSS PER SHARE

Basic loss per share was computed using the weighted average number of common shares outstanding. Diluted loss per share includes the effect of diluted common stock equivalents. Potentially dilutive securities of 2,581,104 realizable from the convertible Series A and Series B Preferred Stock (defined below), 575,000 from the convertible exchange notes and from the exercise of 1,829,049 warrants as of December 31, 2016 were excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. As of December 31, 2015, potentially dilutive securities realizable from the conversion of convertible notes and related accrued interest and from the exercise of 761,549 warrants were excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

RESEARCH AND DEVELOPMENT

Research and development costs consist of expenditures incurred during the course of planned research and investigation aimed at the discovery of new knowledge, which will be useful in developing new products or processes. The Company expenses all research and development costs as incurred.

RECENT ACCOUNTING PRONOUNCEMENTS

In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments” (“ASU 2016-15”). ASU 2016-15 is intended to address how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the ASU 2016-15 and does not believe this ASU will have a material impact on its condensed consolidated financial statements.

In March 2016, the FASB issued ASU No. 2016-09 (“ASU 2016-09”), “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” ASU 2016-09 will affect all entities that issue share-based payment awards to their employees and is effective for annual periods beginning after December 15, 2016 for public entities. The areas for simplification in ASU 2016-09 involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company is currently evaluating the effect that ASU 2016-09 will have on the Company’s financial position and results of operations.

In February 2016, the FASB issued Accounting Standards Update 2016-02, Leases (Topic 842) (“ASU 2016-02”). ASU 2016-02 establishes a right-of-use (“ROU”) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently assessing the potential impact of ASU 2016-02 on the audited financial statements and related disclosures.

In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), amending FASB Accounting Standards Subtopic 205-40 to provide guidance about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, the amendments (1) provide a definition of the term “substantial doubt,” (2) require an evaluation every reporting period, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is not alleviated, and (6) require an assessment for a period of one year after the date that financial statements are issued. ASU 2014-15 is effective for fiscal years ending after December 15, 2016, and for annual periods and interim periods thereafter. The adoption of this standard did not have a material impact on its consolidated financial statements.

In May 2014, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers ("ASU 2014-09"), which stipulates that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for such goods or services. To achieve this core principle, an entity should apply the following steps: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract(s); (3) determine the transaction price(s); (4) allocate the transaction price(s) to the performance obligations in the contract(s); and (5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also requires advanced disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity's contracts with customers. In August 2015, the FASB issued Accounting Standards Update No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date ("ASU 2015-14"), which defers the effective date of FASB's revenue standard under ASU 2014-09 by one year for all entities and permits early adoption on a limited basis. As a result of ASU 2015-14, the guidance under ASU 2014-09 shall apply for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that period. Early adoption is permitted as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within those annual periods. In March 2016, the FASB issued Accounting Standards Update No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net), which clarified the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued Accounting Standards Update No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing, which clarified the implementation guidance regarding performance obligations and licensing arrangements. As permitted under the standard, the Company plans to adopt ASU 2014-09 in the first quarter of 2018 using the modified retrospective approach and recognize the cumulative effect to existing contracts in opening retained earnings on the effective date. The Company is currently reviewing and evaluating this guidance and its impact on its consolidated financial statements.

Acquisitions

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Acquisitions [Abstract]

ACQUISITIONS

Note 5 – Acquisitions

Acquisition of Logicmark LLC

On July 25, 2016, the Company completed the acquisition of LogicMark. The Company determined that as of July 25, 2016, it was more likely than not that the gross profit targets as they relate to the contingent considerations would be achieved and any fair value adjustment of the earn-out was due to time value of the payout.

On July 25, 2016, in order to fund part of the acquisition purchase price of LogicMark, the Company and a group of lenders, including ExWorks Capital Fund I, L.P. as agent for the lenders (collectively, the “Lenders”), entered into a Loan and Security Agreement (the “Loan Agreement”), whereby the Lenders extended a revolving loan (the “Revolving Loan”) to the Company in the principal amount of $15,000,000 (the “Debt Financing”). The Company originally incurred $1,357,356 in deferred debt issue costs related to the revolving loan. In addition, the Company incurred an additional $450,000 in deferred debt issue costs as a result of extending the revolving loan. At September 30, 2017 the unamortized balance of those deferred debt issue costs was $365,000. The initial maturity date of the Revolving Loan was July 25, 2017, and the Revolving Loan bears interest at a rate of 15% per annum.

The Company has the ability to extend the Revolving Loan for one (1) additional year at its sole discretion with no subjective acceleration by the Lender, provided the Company is not in default on the loan. The Company exercised the option to extend the maturity date to July 25, 2018 and accordingly, the Company has classified the Revolving Loan as a non-current liability as of September 30, 2017 and December 31, 2016.

The Loan Agreement contains customary covenants, including an EBITDA requirement and a fixed charges ratio, as defined in the loan agreement. As of September 30, 2017, the Company was in compliance with such covenants.

On September 23, 2016, the Company entered into a forbearance agreement with LogicMark Investment Partners, LLC in connection with the LogicMark Note originally issued on July 22, 2016 in the amount of $2,500,000 which expired on September 22, 2016. The Company formally requested that the lender extend the LogicMark Note on September 20, 2016. As discussed below, the LogicMark Note was extended to July 15, 2017 pursuant to an amendment.

Under the terms of the forbearance agreement, the LogicMark Sellers agreed to extend the maturity date of the LogicMark Note and the Company agreed to pay to the LogicMark Sellers in immediately available funds: (i) $250,000 on September 23, 2016; (ii) $100,000 on October 24, 2016; and (iii) $1,150,000, plus all accrued and unpaid interest due under the LogicMark Note on October 31, 2016. The Company also agreed to reduce the Escrow Amount (as defined in the Interest Purchase Agreement) by a total of $500,000, and to make certain other changes to the definition of “Escrow Amount” in the Purchase Agreement. The Company also agreed to make certain representations and warranties in respect of the LogicMark Seller’s forbearance. During June 2017, the Company paid down $250,000 of the LogicMark Note with cash generated from operations. The LogicMark Note originally was to mature on September 23, 2016 but was extended to July 15, 2017. In July 2017, the remaining balance of the LogicMark Note including the accrued interest owed was settled.

Acquisition of Fit Pay

As discussed in Note 1, the Company completed the “Merger” on May 23, 2017. Pursuant to the terms of the Merger Agreement, the aggregate purchase price paid for Fit Pay stock was: (i) 1,912,303 shares of common stock which was equivalent to 19.96% of the outstanding shares of common stock of the Company (the “Common Stock”); (ii) 2,000 shares of the Series C Non-Convertible Preferred Stock of the Company (the “Series C Preferred Stock”); (iii) the payment of certain debts by the Company; and (iv) the payment of certain unpaid expenses of the Fit Pay Sellers of $724,116 by the Company. In addition, the Company will be required to pay the Fit Pay Sellers an earn-out payment equal to 12.5% of the gross revenue derived from Fit Pay’s technology for sixteen (16) fiscal quarters commencing on October 1, 2017 and ending on December 31, 2021. To date, Fit Pay has had minimal revenue. The operating results of Fit Pay have been included in the condensed consolidated financial statements from the effective date of the acquisition, May 23, 2017.

In connection with the merger on May 23, 2017, the Company recorded deferred tax liabilities of $1,797,476 as part of its preliminary purchase price allocation. As indicated below, the Company is in the process of completing its analysis of the fair value of the net assets acquired and the consideration granted and therefore the deferred tax liabilities recorded are considered preliminary and subject to change.

Preliminary Allocation of Purchase Price of Fit Pay

The Merger Agreement was accounted for under the acquisition method of accounting. The purchase price was preliminarily allocated to the tangible and identifiable assets acquired and liabilities assumed of Fit Pay based upon their estimated fair values. The excess purchase price over the fair value of the underlying net assets acquired was allocated to goodwill. The Company is in the process of completing its analysis of the fair value of the net assets acquired and the consideration granted through the use of an independent valuation firm and management’s preparation of estimates. Since the following information is based on preliminary assessments made by management, the acquisition accounting for Fit Pay is subject to final adjustment and it is possible that the final assessment of values may differ from the preliminary assessment. The following table summarizes the preliminary assessment of the estimated fair values of the identifiable assets acquired and liabilities assumed net of cash acquired, as of the date of acquisition of May 23, 2017.

Cash	$	10,889
Accounts receivable		91,810
Other current assets		77,095
Property and equipment		31,967
Goodwill		7,954,260
Intangible assets (See Note 4)		5,245,400
Assets acquired		13,411,421

Accounts payable		165,650
Accrued liabilities		964,463
Customer deposits		286,948
Deferred taxes		1,797,476
Liabilities assumed		3,214,537

Net assets acquired	$	10,196,884

Goodwill arising from the transaction consists of the expected operational synergies upon combining the entity and intangibles not qualifying for separate recognition.

In connection with the Fit Pay transaction, the Company entered into an employment agreement with Michael Orlando, the former Chief Executive Officer of Fit Pay.

Mr. Orlando is now the Chief Operating Officer of the Company and President of the wholly-owned subsidiary, Fit Pay. The term of the employment agreement is for one (1) year and the employment agreement includes provisions for term extensions. In addition to Mr. Orlando’s salary, the employment agreement also provides for all necessary and reasonable out-of-pocket expenses incurred in the performance of his duties under the agreement, eligibility to participate in bonus or incentive compensation plans of the Company and eligibility to receive equity awards as determined by the board of directors.

Pro Forma Financial Information

The following table summarizes the unaudited pro forma financial information assuming that the acquisitions of LogicMark and Fit Pay occurred on January 1, 2016, and their respective results had been included in the Company’s financial results for the nine and three months ended September 30, 2017 and September 30, 2016. The pro forma combined amounts are based upon available information and reflect a reasonable estimate of the effects of the acquisitions of LogicMark and Fit Pay for the periods presented on the basis set forth herein. The following unaudited pro forma combined financial information is presented for informational purposes only and does not purport to represent what the financial position or results of operations would have been had the acquisitions of LogicMark and Fit Pay in fact occurred on the date assumed, nor is it necessarily indicative of the results that may be expected in future periods.

	Nine Months Ended			Three Months Ended			Nine Months Ended			Three Months Ended
	September 30, 2017						September 30, 2016
	(unaudited)						(unaudited)
Pro forma:
Net Sales	$	18,961,528		$	4,530,088		$	11,490,257		$	4,014,154
Net Loss applicable to Common Stockholders	$	(7,862,415	)	$	(4,101,606	)	$	(16,898,135	)	$	(4,614,264	)
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	$	(0.71	)	$	(0.28	)	$	(2.09	)	$	(0.53	)

The unaudited pro forma net loss attributable to the Company has been calculated using actual historical information and is adjusted for certain pro forma adjustments based on the assumption that the acquisitions of LogicMark and Fit Pay and the application of fair value adjustments to intangible assets occurred on January 1, 2016. For the three and nine months ended September 30, 2017, the pro forma financial information excluded the Fit Pay acquisition-related expenses of $26,626 and $149,443, respectively, which are included in the actual reported results, as general and administrative expenses, but excluded from the pro forma amounts above due to their nonrecurring nature. In addition, the pro forma adjustments for the three and nine months ended September 30, 2017 include the following adjustments; (a) amortization expense related to the acquired intangible assets of $nil and $289,066, respectively; (b) interest expense of $nil and $211,406, respectively; and (c) dividends related to the Series C Preferred Stock of $nil and $38,904, respectively.

For the three and nine months ended September 30, 2016, the pro forma financial information reflects the following adjustments; (a) the exclusion of the acquisition-related expenses of $275,948 and $609,466; (b) amortization of the inventory fair value adjustment of $nil and $945,212, respectively; (c) reduction in depreciation expense of $15,719 and $28,935, respectively; (d) amortization expense related to the acquired intangible assets of $378,881 and $1,124,291, respectively; (e) interest expense including the amortization of deferred debt issue costs of $1,443,667 and $4,325,190, respectively; and (f) dividends related to the Series B Preferred Stock and Series C Preferred Stock of $306,456 and $918,545, respectively.

NOTE 5 – ACQUISITION OF LOGICMARK LLC

On July 25, 2016, the Company completed the acquisition of LogicMark. The Company determined that as of July 25, 2016, it was more likely than not that these gross profit targets as it relates to the contingent considerations would be achieved and any fair value adjustment of the earnout was due to time value of the payout.

On July 25, 2016, and in order to fund part of the proceeds of the LogicMark acquisition, the Company and a group of lenders, including ExWorks Capital Fund I, L.P. as agent for the lenders (collectively, the “Lenders”), entered into a Loan and Security Agreement (the “Loan Agreement”), whereby the Lenders extended a revolving loan (the “Revolving Loan”) to the Company in the principal amount of $15,000,000 (the “Debt Financing”). The Company incurred $1,357,356 in deferred debt issue costs related to the revolving loan. At December 31, 2016 the unamortized balance of those deferred debt issue costs was $769,453. The maturity date of the Revolving Loan is July 25, 2017, and the Revolving Loan bears interest at a rate of 15% per annum.

The Loan Agreement contains customary covenants, including an EBITDA requirement and a fixed change ratio, as defined in the agreement. As of December 31, 2016, the Company was in compliance with such covenants.

The Company has the ability to extend the Revolver for two additional years at its sole discretion with no subjective acceleration by the lender, provided the Company is not in default on the loan. The Company intends to exercise the option to extend the maturity date and accordingly, the Company has classified the Revolver as a non-current liability as of December 31, 2016.

On September 23, 2016, the Company entered into a forbearance agreement with LogicMark Investment Partners, LLC (the “Lender”) in connection with a Secured Subordinated Promissory Note originally issued on July 22, 2016 in the amount of $2,500,000 which expired on September 22, 2016 (the “Note”). The Company formally requested that the Lender extend the Note on September 20, 2016, and finalized the amendment on September 23, 2016.

Under the terms of the forbearance agreement, the Lender agreed to extend the Note and the Company agreed to pay to the Lender in immediately available funds: (i) $250,000 on September 23, 2016; (ii) $100,000 on October 24, 2016; and (iii) $1,150,000, plus all accrued and unpaid interest due under the Note on October 31, 2016. The Company also agreed to reduce the Escrow Amount (as defined in the Purchase Agreement) by a total of $500,000, and to make certain other changes to the definition of “Escrow Amount” in the Purchase Agreement. The Company also agreed to make certain representations and warranties in respect of the Lender’s forbearance. The Logic Note originally was to mature on September 23, 2016 but was extended to April 15, 2017.

Allocation of Purchase Price

The purchase price to acquire Logicmark was $27,136,788 of which $17,500,000 was paid by the Company in cash and $9,636,788 in non-cash consideration.

The non-cash consideration was comprised of a $2,500,000 seller note, $900,000 of common stock and warrants issued to the sellers and $6,236,788 in earn-out provisions. At the date of acquisition, the earn-out provisions were discounted using a prime borrowing rate of 3.5%.

The purchase price was allocated to the tangible and identifiable assets acquired and liabilities assumed of LogicMark based upon their estimated fair values. The excess purchase price over the fair value of the underlying net assets acquired was allocated to goodwill. The Company completed its analysis of the fair value of the net assets acquired through the use of an independent valuation firm and management’s estimates. The following table summarizes the final assessment of the estimated fair values of the identifiable assets acquired and liabilities assumed net of cash acquired, as of the date of acquisition of July 25, 2016.

Cash	$	109,710
Accounts receivable		494,591
Inventories		2,566,117
Other current assets		370,905
Property and equipment		227,840
Goodwill		15,479,662
Intangible assets		8,604,567
Assets acquired		27,853,392

Accounts payable		507,857
Accrued liabilities		208,747
Liabilities assumed		716,604

Net assets acquired	$	27,136,788

Pro Forma Financial Information

The following table summarizes the unaudited pro forma financial information assuming that the LogicMark acquisition occurred on January 1, 2015, and its results had been included in the Company’s financial results for the twelve months ended December 31, 2016 and 2015. The pro forma combined amounts are based upon available information and reflect a reasonable estimate of the effects of the LogicMark acquisition for the periods presented on the basis set forth herein. The following unaudited pro forma combined financial information is presented for informational purposes only and does not purport to represent what the financial position or results of operations would have been had the LogicMark acquisition in fact occurred on the date assumed, nor is it necessarily indicative of the results that may be expected in future periods.

	Twelve months ended
	December 31,
	2016			2015
	(unaudited)
Pro forma:
Net Sales	$	15,673,801		$	11,702,194
Net Loss applicable to Common Stockholders	$	(13,671,124	)	$	(16,394,632	)
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	$	(2.22	)	$	(6.05	)

The unaudited pro forma net loss attributable to Nxt-ID, Inc. has been calculated using actual historical information and is adjusted for certain pro forma adjustments based on the assumption that the LogicMark acquisition and the application of fair value adjustments to intangible assets occurred on January 1, 2015. For the twelve months ended December 31, 2016, the pro forma financial information excluded the acquisition-related expenses of $605,228, which are included in the actual reported results, but excluded from the pro forma amounts above due to their nonrecurring nature. In addition, the pro forma adjustments for the twelve months ended December 31, 2016 include the following adjustments, (a) amortization expense related to the acquired intangible assets of $731,242; (b) interest expense including the amortization of deferred debt issue costs of $2,851,185; (c) reduction in depreciation expense of $35,543; and (d) amortization of the inventory fair value adjustment of $945,212.

For the twelve months ended December 31, 2015, the pro forma financial information reflects the following adjustments; (a) amortization expense related to the acquired intangible assets of $731,242; (b) interest expense including the amortization of deferred debt issue costs of $4,735,767; (c) reduction in depreciation expense of $29,948; and (d) amortization of the inventory fair value adjustment of $945,212.

Accrued Expenses

12 Months Ended

Dec. 31, 2016

Accrued Expenses [Abstract]

ACCRUED EXPENSES

NOTE 6 - ACCRUED EXPENSES

Accrued expenses consist of the following:

	December 31,
	2016		2015
Salaries and payroll taxes	$	77,037	$	18,380
Reimbursable expenses		5,000		5,000
Consulting fees		25,547		32,173
Audit fees		-		35,000
Merchant bank fees		31,124		-
Rent		1,147		3,077
State income taxes		1,135		4,150
Legal fees		7,568		81,281
Management incentives		604,125		372,000
Interest expense		691,684		45,100
Dividends – Series A & B preferred stock		583,067		-
Liquidated damages – Series B preferred stock		360,000		-
Finder’s fees		256,250		-
Other		257,988		45,277
Totals	$	2,901,672	$	641,438

Convertible Notes Payable

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Convertible Notes Payable [Abstract]

CONVERTIBLE NOTES PAYABLE

Note 7 – Convertible Notes Payable

July 2017 Exchange

In order to consummate a registered direct offering and concurrent private placement on July 13, 2017 (See Note 8), the Company was required to obtain consent from the holders (the “November Holders”) of the Company’s (i) Amended and Restated Secured Subordinated Promissory Notes, originally issued on July 25, 2016 (i.e., the LogicMark Note), and amended on November 29, 2016 (the “November Notes”), and (ii) certain common stock purchase warrants (the “November Warrants”) that were initially exercisable on November 29, 2016. In consideration of the November Holders providing such consent to the registered direct offering and concurrent private placement, the Company and the November Holders agreed, as of July 11, 2017, to the following amendments to their respective November Notes, November Warrants, and that certain Exchange Agreement, dated November 29, 2016 (the “Exchange Agreement”):

The conversion price of the November Notes was lowered from $3.00 to $2.00.

The exercise price of the November Warrants was lowered from $3.00 to $2.00.

The Company’s prohibition under the Exchange Agreement providing that for so long as the November Holders are holders of the November Notes, the November Warrants, or the shares of Common Stock issuable thereunder, the Company may not issue shares of our Common Stock at a price per share less than $3.00 per share, was lowered to $2.00 per share.

In connection with the reduction in conversion price of the November Notes from $3.00 to $2.00, the Company incurred a non-cash charge for modification of convertible exchange note terms of $191,630 for the three and nine months ended September 30, 2017. In addition, the Company expensed the remaining unamortized note discount and deferred debt issue costs related to the November Notes of $491,667 and $35,949, respectively. As a result of lowering the conversion price of the November Warrants from $3.00 to $2.00, the Company also incurred a non-cash charge for modification of terms related to the November Warrants of $37,000 for the three and nine months ended September 30, 2017.

On July 19, 2017, the November Holders purchased from LogicMark Investment Partners, LLC (“LogicMark Investment Partners”), the representative of LogicMark, LLC, the outstanding balance of $594,403, including accrued and unpaid interest on the LogicMark Note. In connection therewith, the Company, LogicMark Investment Partners and the November Holders entered into an Assignment and Assumption Agreement, dated July 19, 2017, pursuant to which LogicMark Investment Partners assigned the LogicMark Note to the November Holders. In addition, on July 19, 2017, the Company and the November Holders entered into a Securities Exchange Agreement pursuant to which the Company exchanged the LogicMark Note held by the November Holders for (i) an aggregate principal amount of $594,408 of secured subordinated convertible promissory notes of the Company (the “July 2017 Notes”) due in July 2018, and (ii) warrants exercisable into 297,202 shares of Common Stock (the “July 2017 Warrants”). The July 2017 Notes are convertible into shares of Common Stock at a conversion price of $2.00 per share and the July 2017 Warrants are exercisable into shares of Common Stock with a five year term and an exercise price of $2.00 per share. The exercise and the amount of shares of common stock issuable upon exercise of the July 2017 Warrants are subject to adjustment upon certain events, such as stock splits, combinations, dividends, distributions. reclassifications, mergers or other corporate changes and dilutive issuances.

The conversion option embedded in the convertible exchange notes was determined to contain beneficial conversion features, resulting in the bifurcation of those features as an equity instrument (resulting in a debt discount) at issuance. After allocation of the gross proceeds to the warrants (discussed above) and beneficial conversion feature, the total debt discount recognized was $432,917. The debt discount is being amortized over the term of the debt and the Company amortized $81,839 of the debt discount for the three and nine months ended September 30, 2017.

NOTE 7 - CONVERTIBLE NOTES PAYABLE

November 2016 Exchange

On November 29, 2016, the Company entered into a Securities Exchange Agreement (the “Exchange Agreement”) with certain holders of a portion of the Original LogicMark Notes (the “Holders”) pursuant to which the Company exchanged with the Holders of $1,500,000 of Original Notes held by the Holders in exchange for: (i) an aggregate principal amount of $1,500,000 of new secured subordinated promissory notes (the “Exchange Notes”) and (ii) warrants (the “Warrants”, and together with the Exchange Notes, the “Exchange Securities”) convertible into 500,000 shares of common stock of the Company, par value $0.0001 (the “Common Stock”). The Holders purchased the $1,500,000 of Original Notes from LogicMark Investment prior to this transaction. The Exchange Notes will mature on November 29, 2017 and accrue interest at a rate of 15.0% per annum. The Exchange Notes are convertible at any time, in whole or in part, at the option of the Investors into shares of Common Stock at a conversion price of $3.00 per share (the “Conversion Price”). The Conversion Price is subject to adjustment for stock dividends, stock splits, combinations or similar events.

The conversion option embedded in the convertible exchange notes was determined to contain beneficial conversion features, resulting in the bifurcation of those features as an equity instrument (resulting in a debt discount) At issuance. After allocation of the gross proceeds to the warrants (discussed below) and beneficial conversion feature, the total debt discount recognized was equal to the face of the convertible exchange notes, The debt discount is being amortized over the term of the debt and the Company Amortized $133,333 of the debt discount for the year ended December 31, 2016.

The Company may prepay, in whole but not in part, without premium or penalty, the outstanding principal, together with accrued but unpaid interest on the outstanding principal, if any. The Warrants will be exercisable beginning on November 29, 2016, and will be exercisable for a period of five years. The exercise price with respect to the Warrants is $3.00 per share (the “Exercise Price”). The Exercise Price and the amount of shares of Common Stock issuable upon exercise of the Warrants are subject to adjustment upon certain events, such as stock splits, combinations, dividends, distributions, reclassifications, mergers or other corporate changes.

December 2015 Private Placement

On December 8, 2015, the Company entered into a securities purchase agreement (the “December Purchase Agreement”) with certain accredited investors (the “December Purchasers”) pursuant to which the Company sold an aggregate of $1,500,000 in principal amount of Senior Secured Convertible Notes (the “December Notes”) for an aggregate purchase price of $1,500,000 (the “December Offering”). The Notes matured on December 8, 2016 (the “December Maturity Date”), less any amounts converted or redeemed prior to the December Maturity Date. The December Notes bear interest at a rate of 8% per annum. The December Notes were convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price of $2.35 per share, as modified. In case of an Event of Default (as defined in the December Notes), the notes are convertible at 85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior fifteen (15) trading days, until such Event of Default has been cured. The conversion price is subject to adjustment for stock dividends, stock splits, combinations or similar events. The Notes are repayable from the earlier of June 7, 2016 or the effective date of the initial registration statement that was filed with this offering, (The Installment Trigger Date). The installment payments are to be made on the l^st and 15^thcalendar day of each month. The amount of each installment is the quotient of the original principal amount divided by the number of installment payments after the Installment Trigger Date and the scheduled Maturity Date on December 7, 2016. The holder of the notes may opt to accelerate two installment amounts in an amount up to twice the regular installment amount. The installment payments may be made in cash or in common stock at 85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior fifteen (15) trading days at the option of the Company.

In connection with the sale of the December Notes, the Company also issued to the December Purchasers an aggregate of 90,000 shares of the Company’s common stock in consideration of each Investor’s execution and delivery of the December Purchase Agreement (the “Commitment Shares”). The Commitment Shares were offered by the Company pursuant to an effective shelf registration statement on Form S-3, which was initially filed with the SEC on April 24, 2015 and declared effective on May 14, 2015 (File No. 333-203637).

As described above, the April Purchasers exchanged the April Convertible Notes plus accrued but unpaid interest into the convertible notes that were issued on December 8, 2015. (The December Notes). As a result, the Company incurred a loss on extinguishment of the April Convertible Notes of $635,986 which resulted primarily from the write off of the remaining unamortized note discount and deferred debt issue costs on extinguishment. In order to obtain their consent to issue the December Notes on December 8, 2015, and to effect the exchange, the Company issued to each of the April Purchasers additional December Notes with a face value of $500,000. On December 8, 2015, the total outstanding principal amount of these convertible notes was $2,134,850. On December 28, 2015, the note holders accelerated installment repayments in an aggregate amount of $350,000 which the Company satisfied by an issuance of common stock as a result of a waiver by the holders which allowed the Company to issue common stock below $2.50. As a result of this repayment, the outstanding amount of the convertible notes held by the April Purchasers was $1,784,850 on December 31, 2015.

The total face amount of the Notes outstanding on December 8, 2015 were $3,644,850.

On December 8, 2015 the Company recorded a debt discount of $1,719,700 and a derivative liability of $912,330.

During December 2015, the holders of the Notes accelerated $350,000 in installments in exchange for common stock as a result of a waiver by the holders which allowed the Company to issue common stock below $2.50. At December 31, 2015, the balance on the Notes outstanding was $3,294,850.

The debt discount is attributable to the value of the separately accounted for conversion feature and common stock issued in connection with the sale of the December Notes. The embedded conversion feature derivatives relate to the conversion option, the installment payments and the accelerated installment option of the December Notes. The embedded derivatives were evaluated under FASB ASC Topic 815-15, were bifurcated from the debt host, and were classified as liabilities in the consolidated balance sheet. The debt discount was amortized using the effective interest method over the term of the December Notes. During the year ended December 31, 2016, the Company recorded $515,032 of debt discount amortization all of which related to the December Notes. For the year ended December 31, 2015, the Company recorded a total of $1,093,371 of debt discount amortization, which was recorded as an interest expense in the consolidated statement of operations. Of this amount, $109,535 related to the December Notes.

On February 12, 2016, in exchange for the consents given to the Company by the December Purchasers and the April Purchasers to allow for the issuance of shares in connection with the WVH Transaction (described below), the December Notes were amended to a fixed conversion price of $2.35. As a result of the modification, the Company fair valued the conversion option up to the date of modification and re-classified the remaining conversion feature liability of $1,702,400 as of the date of modification to additional paid-in-capital.

During the year ended December 31, 2016, the holders of the December Notes accelerated $2,456,679 in installments and $253,028 of interest in exchange for 1,228,828 shares of common stock. During the twelve months ended December 31, 2016, the holders of the December Notes also converted $838,171 of the convertible notes and $38,560 of interest in exchange for 373,077 shares of common stock. At December 31, 2016, the outstanding balance on the December Notes was $0. As it relates to the accelerated installments, the Company incurred a loss on extinguishment of debt of $272,749. The loss on extinguishment of debt was equivalent to the excess fair value of the common stock issued to the holders of the December Notes as compared to the net carrying value of the convertible debt. The fair value of the common stock issued in payment of interest exceeded the amount of interest owed by $34,628. This amount is included as part of interest expense on the consolidated statement of operations.

November 2015, Term Note

On November 25, 2015, the Company issued the Term Note with a principal amount of $200,000 to an accredited purchaser (the “November Purchaser”). The Term Note was scheduled to mature on December 15, 2015. The interest rate was 12% per annum with a minimum guaranteed interest of $10,000. The November Purchaser converted the entire principal amount into the December Offering described above.

July 2015 Convertible Note

On July 27, 2015, the Company entered into a securities purchase agreement with an accredited investor pursuant to which the Company sold an aggregate of $222,222 in principal amount of the 8% Convertible Notes for an aggregate purchase price of $200,000. The Company received net proceeds of $200,000 from the sale of the 8% Convertible Notes. The 8% Convertible Notes matured on September 11, 2015 (the “Maturity Date”), less any amounts converted or redeemed prior to the Maturity Date. The 8% Convertible Notes bear interest at a rate of 8% per annum, subject to increase to the lesser of 24% per annum or the maximum rate permitted under applicable law upon the occurrence of certain events of default. The 8% Convertible Notes were convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price of $35.00 per share, which was subject to adjustment for stock dividends, stock splits, combinations or similar events. The Company was able to prepay in cash any portion of the principal amount of the 8% Convertible Notes and any accrued and unpaid interest.

If such prepayment was made within sixty (60) days after the issuance date of the 8% Convertible Notes, the Company would pay an amount in cash equal to 109% of the sum of the then outstanding principal amount of the note and interest; thereafter, if such prepayment was made, the Company would pay an amount in cash equal to 114% of the sum of the then outstanding principal amount of the note and interest. In the event the Company effects a registered offering either utilizing Form S-1 or Form S-3 (a “Registered Offering”), the Holder would have the right to convert the entire amount of the purchase price into such Registered Offering. On August 4, 2015, the Company closed a Registered Offering and the holder of the 8% Convertible Notes elected to convert the entire purchase price amount into common shares. The conversion price used to convert the entire purchase price into common stock was equivalent to the equity offering price of $17.50 on August 4, 2015 and not the conversion price of $35.00 stipulated in the securities purchase agreement. As a result of the change in the conversion price, the Company recorded additional inducement expense of $100,000 in three months ended September 30, 2015.

April 2015 Private Placement

On April 24, 2015, the Company entered into a securities purchase agreement (the “April Purchase Agreement”) with a group of accredited investors (the “April Purchasers”) pursuant to which the Company sold to such purchasers an aggregate of $1,575,000 principal amount of secured convertible notes (the “Convertible Notes”), a Class A Common Stock Purchase Warrant (the “Class A Warrant”) to purchase up to 46,875 shares of the Company’s common stock and a Class B Common Stock Purchase Warrant (the “Class B Warrant,” and together with the Class A Warrant, the “April Warrants”) to purchase up to 46,875 shares of the Company’s common stock. The Convertible Notes bear interest at 6% per annum and are convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price of $25.20 per share. The April Warrants are exercisable beginning six (6) months after issuance through the fifth (5^th) anniversary of such initial exercisability date. The Class A Warrant has an initial exercise price equal to $30.20 per share and the Class B Warrant has an initial exercise price equal to $50.00 per share. The Company received cash proceeds of $1,481,500 from the issuance of the Convertible Notes after deducting debt issuance costs of $93,500.

The Company recorded a debt discount of $1,575,000 related to the sale of the Convertible Notes and the April Warrants. The debt discount reflects the underlying fair value of the April Warrants of approximately $860,000 on the date of the transaction and a beneficial conversion charge of approximately $715,000. During the period April 23, 2015 through December 8, 2015, the Company amortized $983,836 of the debt discount as a component of interest expense in the accompanying statements of operations.

In connection with the sale of the Convertible Notes and April Warrants, the Company entered into a registration rights agreement, dated April 24, 2015 (the “April Registration Rights Agreement”), with the April Purchasers, pursuant to which the Company agreed to register the shares of common stock underlying the Convertible Notes and Warrants on a Form S-3 registration statement to be filed with the Securities and Exchange Commission within ten (10) business days after the date of the issuance of the Convertible Notes and April Warrants (the “April Filing Date”) and to cause the April Registration Statement to be declared effective under the Securities Act of 1933, as amended (the “Securities Act”) within ninety (90) days following the April Filing Date. If certain of its obligations under the April Registration Rights Agreement are not met, the Company is required to pay partial liquidated damages to each April Purchaser. On May 8, 2015, the Company filed a registration statement on Form S-3 with the SEC to register the shares issuable upon the conversion of the Convertible Notes, the related accrued interest and the exercise of the April Warrants. Such registration statement was declared effective with the SEC on May 14, 2015.

In connection with the sale of the Convertible Notes and the April Warrants, the Company entered into a security agreement, dated April 24, 2015 (the “April Security Agreement”), between the Company, 3D-ID and the collateral agent thereto. Pursuant to the Security Agreement, the April Purchasers were granted a security interest in certain personal property of the Company and 3D-ID to secure the payment and performance of all obligations of the Company and 3D-ID under the Convertible Notes, April Warrants, April Purchase Agreement, April Registration Rights Agreement and April Security Agreement. In addition, in connection with the Security Agreement, 3D-ID executed a subsidiary guaranty, pursuant to which it agreed to guarantee and act as surety for payment of the Convertible Notes and other obligations of the Company under the April Warrants, April Purchase Agreement, April Registration Rights Agreement and April Security Agreement.

As described above, the April Purchasers exchanged the April Convertible Notes into the convertible notes that were issued on December 8, 2015. (The December Notes). As a result, the Company incurred a loss on extinguishment of the April Convertible Notes of $635,986 which resulted primarily from the write off of the remaining unamortized note discount and deferred debt issue costs on extinguishment. In order to obtain their consent to issue the December Notes on December 8, 2015, and to effect the exchange, the Company issued to each of the April Purchasers additional December Notes with a face value of $500,000. On December 8, 2015, the total outstanding principal amount of these convertible notes was $2,134,850. On December 28, 2015, the note holders accelerated installment repayments in an aggregate amount of $350,000 which the Company satisfied by an issuance of common stock as a result of a waiver by the holders which allowed the Company to issue common stock below $2.50. As a result of this repayment, the outstanding amount of the convertible notes held by the April Purchasers was $1,784,850 on December 31, 2015.

In exchange for the consents given to the Company by the December Purchasers and the April Purchasers in connection with the consent to the WVH transaction (described below), the December Notes as defined on page F-12 under December 15 Private Placement, the Exchange Notes, and the Additional December Notes were amended. One of the significant amendments was as follows: the notes are convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price the lesser of (a) $5.50 per share and (b) from and after an Event of Default (as defined in the December Notes), 85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior thirty (30) trading days, until such Event of Default has been cured.

Derivative Liabilities

12 Months Ended

Dec. 31, 2016

Derivative Liabilities [Abstract]

DERIVATIVE LIABILITIES

NOTE 8 - DERIVATIVE LIABILITIES

Fair value of financial instruments is defined as an exit price, which is the price that would be received upon sale of an asset or paid upon transfer of a liability in an orderly transaction between market participants at the measurement date. The degree of judgment utilized in measuring the fair value of assets and liabilities generally correlates to the level of pricing observability. Financial assets and liabilities with readily available, actively quoted prices or for which fair value can be measured from actively quoted prices in active markets generally have more pricing observability and require less judgment in measuring fair value. Conversely, financial assets and liabilities that are rarely traded or not quoted have less price observability and are generally measured at fair value using valuation models that require more judgment. These valuation techniques involve some level of management estimation and judgment, the degree of which is dependent on the price transparency of the asset, liability or market and the nature of the asset or liability. The Company has categorized its financial assets and liabilities measured at fair value into a three-level hierarchy.

The conversion features embedded within the Company’s convertible notes payable issued in connection with December 8, 2015 private placement (as defined in Note 7) did not have fixed settlement provisions on the date they were initially issued because the conversion price could be lowered if certain provisions included in the note agreement occurred before conversion. This liability was included in the Company’s level 3 liabilities.

During 2015, the derivative liabilities were valued using the Monte Carlo simulation model and the following weighted average assumptions on December 8, 2015 and December 31, 2015. During the twelve months ended December 31, 2016, the Company had five separate valuations performed using the Monte Carlo simulation model. The valuations coincided with the number of accelerated installments occurring during the twelve months ended December 31, 2016. All of the 2016 valuations occurred during the first quarter of 2016. The table for 2016 reflects the range of weighted average assumptions used for the 2016 valuations.

	January 12, - March 29,		December 31,
	2016		2015
Embedded Conversion Feature Liability:
Risk-free interest rate		0.46%-0.59%		0.62	%
Expected volatility		100.00%		100.00	%
Expected life (in years)		0.91-0.70		0.92
Expected dividend yield		-		-
Face Value of convertible notes		$3,209,850 - $1,208,850		3,294,850
Fair value		$ -	$	420,360

Fair Value Measurement

Valuation Hierarchy

ASC 820, “Fair Value Measurements and Disclosures,” establishes a valuation hierarchy for disclosure of the inputs to valuation used to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 inputs are quoted prices for similar assets and liabilities in active markets or inputs that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 inputs are unobservable inputs based on the Company’s own assumptions used to measure assets and liabilities at fair value. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement.

The Company did not have any liabilities carried at fair value measured as a recurring basis as of December 31, 2016. The following table provides the liabilities carried at fair value measured on a recurring basis as of December 31, 2015:

			Fair Value Measurements at December 31, 2015
	Total Carrying Value at December 31, 2015		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Derivative liabilities	$	420,360	$	-	$	-	$	420,360

The carrying amounts of cash, inventory, prepaid expenses, accounts payable and accrued liabilities approximate their fair value due to their short maturities. The Company’s other financial instruments include its convertible notes payable obligations. The carrying value of these instruments approximate fair value, as they bear terms and conditions comparable to market, for obligations with similar terms and maturities. The Company measures the fair value of financial assets and liabilities based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value.

Level 3 liabilities are valued using unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the derivative liabilities. For fair value measurements categorized within Level 3 of the fair value hierarchy, the Company’s accounting department, who reports to the Principal Financial Officer, determines its valuation policies and procedures. The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s accounting department and are approved by the Principal Financial Officer.

Level 3 Valuation Techniques

Level 3 financial liabilities consist of the conversion feature liability and common stock purchase warrants for which there are no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. A significant decrease in the volatility or a significant decrease in the Company’s stock price, in isolation, would result in a significantly lower fair value measurement.

During December 31, 2016 and 2015, there were no transfers in or out of level 3 from other levels in the fair value hierarchy.

The following table sets forth a summary of the changes in the fair value of our Level 3 financial liabilities that are measured at fair value on a recurring basis:

	For the year ended December 31, 2016			For the year ended December 31, 2015

Beginning liability balance	$	420,360		$	-
Loss on change in fair value of derivative liabilities		2,299,020			-
Recognition of conversion feature liability		-			912,330
Gain on derivative liabilities resulting from accelerated amortizations		(1,016,980	)		-
Net realized gain on conversion feature liabilities		-			(47,242	)
Net unrealized gain on conversion feature liabilities		-			(444,728	)
Adjustment to additional paid-in capital upon conversion and modification		(1,702,400	)		-
Ending balance	$	-		$	420,360

Other Fair Value Measurements

During the year ended December 31, 2016, the Company recorded $91,682 of interest expense related to the amortization of the discount of the contingent consideration. The fair value measurements were based on significant inputs not observed in the market and thus represented a level 3 measurement.

Strategic Agreements With World Ventures Holdings	9 Months Ended	12 Months Ended
Strategic Agreements With World Ventures Holdings	Sep. 30, 2017	Dec. 31, 2016
Strategic Agreements With World Ventures Holdings [Abstract]
STRATEGIC AGREEMENTS WITH WORLD VENTURES HOLDINGS	Note 6 – Strategic Agreements with world ventures holdings The Company is a party to a Master Product Development Agreement with WVH, a related party. During the nine and three months ended September 30, 2017, the Company recorded revenue of $7,057,032 and $767,751, respectively related to WVH. At September 30, 2017, the Company’s accounts receivable balance included $1,893,662 due from WVH.	NOTE 9 – STRATEGIC AGREEMENTS WITH WORLD VENTURES HOLDINGS On December 31, 2015, we entered into a Master Product Development Agreement (the “Development Agreement”) with World Ventures Holdings, LLC (“WVH”). The Development Agreement commenced on December 31, 2015, and has an initial term of two (2) years (the “Initial Term”). Thereafter, the Development Agreement will automatically renew for additional successive one (1) year terms (each a “Renewal Term”) unless and until WVH provides written notice of non-renewal at least thirty (30) days prior to the end of the Initial Term or then-current Renewal Term. Each Renewal Term will commence immediately on expiration of the Initial Term or preceding Renewal Term. The Development Agreement may also be terminated earlier pursuant to certain conditions. In connection with the Development Agreement, on December 31, 2015, the Company entered into a securities purchase agreement (the “WVH Purchase Agreement”) with WVH providing for the issuance and sale by the Company of 1,005,000 shares (the “WVH Shares”) of Common Stock and a common stock purchase warrant (the “WVH Warrant”) to purchase 251,250 shares (the “WVH Warrant Shares”) of Common Stock, for an aggregate purchase price of $2,000,000. The WVH Warrant is initially exercisable on the five (5) month anniversary of the issuance date at an exercise price equal to $7.50 per share and has a term of exercise equal to two (2) years and seven (7) months from the date on which first exercisable. On April 28, 2016, the exercise price of the WVH Warrant was modified to $4.00. Pursuant to the Development Agreement, WVH retained the Company to design, develop and manufacture a series of Proprietary Products (as defined in the Development Agreement) for distribution through WVH’s network of sales representatives, members, consumers, employees, contractors or affiliates. In conjunction with the Development Agreement, the Company and WVH contractually agreed to dedicate $1,500,000 of the $2,000,000 in total proceeds received by the Company to the development and manufacture of the product for WVH. In addition, any expenditure of the $1,500,000 in proceeds is restricted in that the Company will need prior approval from WVH on a monthly basis in order to fund the estimated expenditures needed for the development of the product for WVH from the $1,500,000. Accordingly, the $1,500,000 is included in the restricted cash balance on the accompanying Balance Sheet at December 31, 2015. During the twelve months ended December 31, 2016, the Company used the entire $1,500,000 in restricted cash received from WVH on December 31, 2015 for the design and development of products specifically for WVH. The expenses related to the design and development of products for WVH during the twelve months ended December 31, 2016 are included in research and development expenses. During the twelve months ended December 31, 2016, the Company received deposits totaling $6,068,894 from WVH against initial purchase orders received from WVH. The deposits received from WVH are included in the consolidated balance sheet line item labeled customer deposits as of December 31, 2016. During the year ended December 31, 2016, the Company recorded revenue of $1,357,413 related to WVH. At December 31, 2016, the Company’s accounts receivable balance included $621,724 due from WVH.

Stockholders' Equity

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Stockholders' Equity [Abstract]

STOCKHOLDERS' EQUITY

Note 8 - Stockholders’ Equity

July 2017 Offerings

On July 13, 2017, the Company closed a registered direct offering of an aggregate of 2,170,000 shares of the Company’s common stock, and pre-funded warrants to purchase 230,000 shares of common stock. The Company sold the shares at a price of $1.43 per share and received $1.42 per pre-funded warrant. The Company received gross proceeds from the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, of approximately $3,429,700. The pre-funded warrants were converted into shares of common stock on September 23, 2017 and as a result were included in the common stock outstanding balance for purposes of computing earnings per share.

On July 13, 2017, the Company also closed on a concurrent private placement with the same investors for no additional consideration, of warrants to purchase 1,800,000 shares of common stock. The warrants will be exercisable beginning on the six (6) month anniversary of the date of issuance, at an exercise price of $2.00 per share and will expire on the fifth anniversary of the initial exercise date.

Series A Preferred Stock

For the nine and three months ended September 30, 2017, the Company recorded Series A Preferred Stock dividends of $34,884 and $0, respectively. During the nine months ended September 30, 2017 holders, of 211,424 shares of Series A Preferred Stock converted $338,749 of Series A Preferred Stock and dividends into 159,219 shares of common stock. As of September 30, 2017, there was no remaining outstanding principal balance on the Series A Preferred Stock.

Series B Preferred Stock

For the nine and three months ended September 30, 2017, the Company recorded Series B Preferred Stock dividends of $634,375 and $71,875, respectively. During the nine months ended September 30, 2017, holders of 4,500,000 shares of Series B Preferred Stock converted $6,075,000 of Series B Preferred Stock, dividends and liquidated damages into 3,106,802 shares of common stock. As of September 30, 2017, there was no remaining outstanding principal balance on the Series B Preferred Stock.

Series C Preferred Stock

In May 2017, the Company authorized a new Series C Preferred Stock. The terms of the Series C Preferred Stock are as follows:

Dividends on Series C Preferred Stock

Holders of Series C Preferred Stock are entitled to receive from and after the first date of issuance of the Series C Preferred Stock, cumulative dividends at a rate of 5% per annum on a compounded basis, which dividend amount shall be guaranteed. Accrued and unpaid dividends are payable in cash. For the nine and three months ended September 30, 2017, the Company recorded Series C Preferred Stock dividends of $35,890 and $25,205, respectively.

Redemption of Series C Preferred Stock

The Series C Preferred Stock may be redeemed by the Company solely at the Company’s option in cash at any time, in whole or in part, upon payment of the stated value of the Series C Preferred Stock, and all related accrued but unpaid dividends.

Fundamental Change

If a “fundamental change” occurs at any time while the Series C Preferred Stock is outstanding, the holders of shares of Series C Preferred Stock then outstanding shall be immediately paid, out of the assets of the Company or the proceeds of such fundamental change, as applicable, and legally available for distribution to its stockholders, an amount in cash equal to the stated value of the Series C Preferred Stock, and all related accrued but unpaid dividends.

If the legally available assets of the Company and the proceeds of such “fundamental change” are insufficient to pay the all of the Holders of the Series C Preferred Stock, then the Holders of the Series C Preferred Stock shall share ratably in any such distribution in proportion to the amount that they would have been entitled to. A fundamental change includes but is not limited to any change in the ownership of at least fifty percent (50%) of the voting stock; liquidation or dissolution; or the Common Stock ceases to be listed on the market upon which it currently trades.

Voting Rights

The holders of the Series C Preferred Stock are entitled to vote on any matter submitted to the stockholders of the Company for a vote. One (1) share of Series C Preferred Stock shall carry the same voting rights as one (1) share of Common Stock.

Classification

The Series C Preferred Stock was accounted for under Section 480-10-S99 - Distinguishing Liabilities from Equity (FASB Accounting Standards Codification 480) as amended by ASU 2009-04 - for Redeemable Equity Instruments (“ASU 2009-04”). Under ASU 2009-04, a redeemable equity security is to be classified as temporary equity if it is conditionally redeemable upon the occurrence of an event that is not solely within the control of the issuer. The Company’s financing is redeemable at the option of the holder under the specified terms and conditions of such preferred stock however, the instrument was not redeemable as of September 30, 2017. Therefore, the Company classified the Series C Preferred Stock as temporary equity in the condensed consolidated balance sheet at September 30, 2017.

Long-Term Stock Incentive Plan

During the nine months ended September 30, 2017, the Company issued 131,363 shares of common stock under the LTIP to five (5) non-executive directors for serving on the Company’s board. The aggregate fair value of the shares issued to the directors was $260,000. Also during the nine months ended September 30, 2017, the Company issued 237,559 shares of Common Stock with an aggregate fair value of $400,000 to executive and certain non-executive employees related to the Company’s 2016 management incentive plan. In September 2017, the Company granted 622,507 restricted shares of common stock with an aggregate value of $1,067,231 to certain executive and non-executive employees. The vesting period for these restricted shares of common stock is twelve months. During the nine months ended September 30, 2017, the Company expensed $614,655 related to these restricted stock awards. At September 30, 2017, a total of 737,992 shares of common stock have been issued from the LTIP and there are no further shares available to be issued under the LTIP for the remainder of 2017.

2017 Stock Incentive Plan

On August 24, 2017, a majority of the Company’s stockholders approved at the Company’s annual meeting the Company’s 2017 Stock Incentive Plan (“2017 SIP”). The purpose of the 2017 SIP is to enable the Company to provide a means to issue shares of Common Stock or stock options which may be exercised for shares of Common Stock to certain eligible consultants, employees and service providers of the Company as a substitute for, or as an additional incentive to, paying cash compensation to consultants and non-payroll employees or as a portion of severance packages in certain scenarios. The 2017 SIP works in tandem with the 2013 LTIP to provide additional means to compensate our employees. The maximum aggregate number of shares of common stock that may be issued under the 2017 SIP, including stock awards, stock issued to directors for serving on the Company’s board, and stock appreciation rights, is limited to 10% of the shares of Common Stock outstanding on the first business or trading day of any fiscal year, which is at January 1, 2018; provided that for fiscal year 2017, 1,500,000 shares of Common Stock may be delivered to participants under the 2017 SIP.

During the nine months ended September 30, 2017, the Company issued 437,384 shares of common stock under the 2017 SIP.

Warrants

As of September 30, 2017, the Company had 3,926,251 warrants outstanding with a weighted average exercise price and remaining life in years of $6.54 and 4.043, respectively. At September 30, 2017, the warrants had no intrinsic value.

During the nine months ended September 30, 2017, the Company accrued $700,000 of discretionary management and employee bonus expense.

During the nine months ended September 30, 2017, the Company issued 119,800 fully-vested shares of common stock with a fair value of $240,535 to non-employees for services rendered.

NOTE 10 - STOCKHOLDERS’ EQUITY

April 2015 Private Placement

On April 24, 2015, the Company entered into a securities purchase agreement (the “April Purchase Agreement”) with a group of accredited investors (the “April Purchasers”) pursuant to which the Company sold to such purchasers an aggregate of $1,575,000 principal amount of secured convertible notes (the “April Convertible Notes”), a Class A Common Stock Purchase Warrant (the “Class A Warrant”) to purchase up to 46,875 shares of the Company’s common stock and a Class B Common Stock Purchase Warrant (the “Class B Warrant,” and together with the Class A Warrant, the “April Warrants”) to purchase up to 46,875 shares of the Company’s common stock. The April Convertible Notes bear interest at 6% per annum and are convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price of $25.20 per share. The April Warrants are exercisable beginning six (6) months after issuance through the fifth (5^th) anniversary of such initial exercisability date. The Class A Warrant has an initial exercise price equal to $30.20 per share and the Class B Warrant has an initial exercise price equal to $50.00 per share. The Company received cash proceeds of $1,481,500 from the issuance of the Convertible Notes after deducting debt issuance costs of $93,500.

The Company recorded a debt discount of $1,575,000 related to the sale of the April Convertible Notes and the April Warrants. The debt discount reflects the underlying fair value of the April Warrants of approximately $860,000 on the date of the transaction and a beneficial conversion charge of approximately $715,000. The debt discount will be amortized to interest expense over the earlier of (i) term of the April Convertible Notes or (ii) conversion of the debt.

In connection with the sale of the April Convertible Notes and April Warrants, the Company entered into a registration rights agreement, dated April 24, 2015 (the “April Registration Rights Agreement”), with the April Purchasers, pursuant to which the Company agreed to register the shares of common stock underlying the April Convertible Notes and April Warrants on a Form S-3 registration statement to be filed with the Securities and Exchange Commission (the “SEC”) within ten (10) business days after the date of the issuance of the April Convertible Notes and April Warrants (the “April Filing Date”) and to cause the April Registration Statement to be declared effective under the Securities Act within ninety (90) days following the April Filing Date. If certain of its obligations under the April Registration Rights Agreement are not met, the Company is required to pay partial liquidated damages to each April Purchaser. On May 8, 2015, the Company filed a registration statement on Form S-3 with the SEC to register the shares issuable upon the conversion of the April Convertible Notes, the related accrued interest and the exercise of the April Warrants. Such registration statement was declared effective with the SEC on May 14, 2015.

In connection with the sale of the April Convertible Notes and the April Warrants, the Company entered into a security agreement, dated April 24, 2015 (the “April Security Agreement”), between the Company, 3D-ID and the collateral agent thereto. Pursuant to the Security Agreement, the April Purchasers were granted a security interest in certain personal property of the Company and 3D-ID to secure the payment and performance of all obligations of the Company and 3D-ID under the April Convertible Notes, April Warrants, April Purchase Agreement, April Registration Rights Agreement and April Security Agreement. In addition, in connection with the April Security Agreement, 3D-ID executed a subsidiary guaranty, pursuant to which it agreed to guarantee and act as surety for payment of the April Convertible Notes and other obligations of the Company under the April Warrants, April Purchase Agreement, April Registration Rights Agreement and April Security Agreement.

As described below, the April purchaser exchanged the April Convertible Notes into convertible notes that were identical to the convertible notes that were issued on December 8, 2015.

July 2015 Private Placement

On July 27, 2015, the Company entered into a securities purchase agreement with an accredited investors (the “July Purchaser”) pursuant to which the Company sold an aggregate of $222,222 in principal amount of the 8% Original Issue Discount Convertible Notes (the “8% Convertible Notes”) for an aggregate purchase price of $200,000. The Company received net proceeds of $200,000 from the sale of the 8% Convertible Notes.

The 8% Convertible Notes will mature on September 11, 2015 (the “Maturity Date”), less any amounts converted or redeemed prior to the Maturity Date. The 8% Convertible Notes bear interest at a rate of 8% per annum, subject to increase to the lesser of 24% per annum or the maximum rate permitted under applicable law upon the occurrence of certain events of default.

The 8% Convertible Notes are convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price of $35.00 per share, which is subject to adjustment for stock dividends, stock splits, combinations or similar events.

The Company agreed that if it effected a registered offering either utilizing Form S-1 or Form S-3 (a “Registered Offering”), the Holder shall have the right to convert the entire amount of the subscription amount into such Registered Offering. The July Purchaser converted the entire amount of the subscription amount into the August Offering described below.

The conversion price used to convert the entire purchase price into common stock was equivalent to the equity offering price of $17.50 on August 4, 2015 and not the conversion price of $35.00 stipulated in the securities purchase agreement. As a result of the change in the conversion price, the Company recorded additional inducement expense of $100,000 at the time of conversion.

August 2015 Offerings

On August 4, 2015, the Company closed with certain purchasers (the “August 2015 Purchasers”) a public offering (the “August Offering”) providing for the issuance and sale by the Company of 172,143 shares of the Company’s common stock at a price to the public of $17.50 per share (the “Registered Shares”) for an aggregate purchase price of $3,012,500.

In connection with the sale of the Registered Shares, the Company also entered into a Warrant Purchase Agreement (the “Warrant Purchase Agreement”) with the August 2015 Purchasers providing for the issuance and sale by the Company of warrants to purchase 86,072 shares of the Company’s common stock at a purchase price of $0.0000001 per warrant (the “August 2015 Warrants”). Each August 2015 Warrant shall be initially exercisable on the six (6) month anniversary of the issuance date an exercise price equal to $23.50 per share and have a term of exercise equal to five (5) years from the date on which first exercisable.

The Registered Shares were offered by the Company pursuant to an effective shelf registration statement on Form S-3, which was initially filed with the Securities and Exchange Commission (the “SEC”) on April 24, 2015 and declared effective on May 14, 2015 (File No. 333-203637) (the “Registration Statement”).

Pursuant to a Registration Rights Agreement, dated July 30, 2015, by and between the Company and the August 2015 Purchasers, the Company agreed to file one or more registration statements with the SEC covering the resale of the shares of common stock issuable upon exercise of the August 2015 Warrants.

The placement agent in connection with the Registered Shares was Northland Securities, Inc.

October 2015 Public Offering

On October 21, 2015, the Company closed on an underwritten public offering of its common stock. The Company offered 150,000 shares of common stock at a price to the public of $7.00 per share. The Company received gross proceeds from the offering, before deducting underwriting discounts and commission and other estimated offering expenses payable by the Company, of approximately $1,050,000. The underwriter was Aegis Capital Corp.

December 2015 Private Placement

April 2016 Offering

On April 11, 2016, the Company closed a registered offering (the “April 2016 Offering”) of shares of its Series A Convertible Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”). The Company sold 2,500,000 shares of Series A Preferred Stock at a price of $1.00 per share, and received gross proceeds from the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, of $2,500,000. The Company incurred approximately $230,225 of costs associated with the issuance of the Series A Preferred Stock. Holders of the Series A Preferred stock shall be entitled to receive from the first date of issuance of the Series A Preferred Stock cumulative dividends at a rate of 25% Per annum on a compounded basis, which dividend amount shall be guaranteed. Accrued and unpaid dividends shall be at the Company’s option, in cash, shares of common stock, or additional share of Series A Preferred Stock. For the year ended December 31, 2016, the Company recorded Series A Preferred Stock dividends of $590,116. During the year ended December 31, 2016 holders of the Series A Preferred Stock converted $2,662,794 of Preferred Stock and dividends into 834,718 shares of common stock.

July 2016 Offering

On July 25, 2016, the Company closed a private placement (the “July 2016 Offering”) of shares of its Series B Convertible Preferred Stock, par value $0.0001 per share (the “Series B Preferred Stock”) and warrants (the “July 2016 Warrants”) to purchase 562,500 shares of the Company’s common stock. The Company sold 4,500,000 shares of Series B Preferred Stock at a price of $1.00 per share, and received gross proceeds from the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, of $4,500,000. The Company incurred approximately $410,000 of costs associated with the issuance of the Series B Preferred Stock. The conversion price of the Series B Preferred Stock is $4.00. The July 2016 Warrants will be exercisable beginning on January 25, 2017, and will be exercisable for a period of five (5) years. The exercise price with respect to the July 2016 Warrants is $7.50 per share. Holders of the Series B Preferred stock shall be entitled to receive from the first date of issuance of the Series B Preferred Stock cumulative dividends at a rate of 25% Per annum on a compounded basis, which dividend amount shall be guaranteed. Accrued and unpaid dividends shall be at the Company’s option, in cash, shares of common stock, or additional share of Series B Preferred Stock. For the year ended December 31, the Company recorded Series B Preferred Stock dividends of $490,625.

Warrants

The following table summarizes the Company’s warrants outstanding and exercisable at December 31, 2015 and 2016:

						Weighted
				Weighted		Average
				Average		Remaining
	Number of			Exercise		Life		Intrinsic
	Warrants			Price		In Years		Value
Outstanding at January 1, 2015		362,978		$	28.00		4.51	$	283,828
Issued		431,071			17.80		4.04		-
Exercised		(32,500	)		20.00		-		-
Cancelled		-			-		-		-
Outstanding and Exercisable at December 31, 2015		761,549		$	22.60		3.83	$	-
Issued		1,224,980			4.69		4.13		-
Exercised		(157,480	)		-		-		-
Cancelled		-			-		-		-
Outstanding and Exercisable at December 31, 2016		1,829,049		$	12.00		3.92	$	-

Long-Term Stock Incentive Plan

On January 4, 2013, a majority of the Company’s stockholders approved by written consent the Company’s 2013 Long-Term Stock Incentive Plan (“LTIP”). The maximum aggregate number of shares of common stock that may be issued under the LTIP, including stock awards, stock issued to directors for serving on the Company’s board, and stock appreciation rights, is limited to 10% of the shares of common stock outstanding on the first business or trading day of any fiscal year, which is 554,054 at December 31, 2016. During the year ended December 31, 2016, the Company issued 51,705 shares under the plan to three non-executive directors for serving on the Company’s board. The aggregate fair value of the shares issued to the directors was $180,000. Also during the year ended December 31, 2016, the Company issued 60,000 shares with an aggregate fair value of $372,000 to executive and certain non-executive employees related to the Company’s 2015 management incentive plan. The aggregate fair value of $372,000 was expensed entirely in 2015. During the year ended December 31, 2015, the Company issued 26,961 shares under the plan to three non-executive directors for serving on the Company’s board. The aggregate fair value of the shares issued to the directors was $180,000. Also during the year ended December 31, 2015, the Company issued 5,000 shares with an aggregate fair value of $147,500 to one non-executive employee. These shares were issued with no Company imposed restrictions and as a result, the aggregate fair value of $147,500 was expensed entirely in 2015.

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

INCOME TAXES

NOTE 11 - INCOME TAXES

As of December 31, 2016, the Company had US federal and state net operating loss (“NOLs”) carryovers of $24,152,902 and $12,469,752, respectively, available to offset future taxable income, which expire beginning in 2033. In addition, the Company had tax credit carryforwards of $187,856 at December 31, 2016 that will be available to reduce future tax liabilities. The tax credit carryforwards will begin to expire beginning in 2033.

In accordance with Section 382 of the Internal Revenue Code, deductibility of the Company’s NOLs may be subject to an annual limitation in the event of a change of control. The Company has determined that a change of control has not occurred as of December 31, 2016 and therefore none of the NOLs are limited under Section 382. The Company has no material uncertain tax positions for any of the reporting periods presented. The Company has filed all of its tax returns for all prior periods through December 31, 2015. As a result, the Company’s net operating loss carryovers will now be available to offset any future taxable income.

The Company is subject to taxation in the United States and various states. As of December 31, 2016 the Company’s tax years post 2012 are subject to examination by the tax authorities. With few exceptions, as of December 31, 2016 the Company is no longer subject to U.S. federal or state examinations by tax authorities for years before December 31, 2013.

The income tax provision consists of the following:

	December 31,
	2016			2015
Current
Federal	$	-		$	-
State		5,749			4,307
		5,749			4,307
Deferred
Federal		(2,843,866	)		(3,543,673	)
State		(281,625	)		(362,722	)
		(3,125,491	)		(3,906,395	)
Change in valuation allowance		3,315,776			3,906,395
Total income tax provision	$	196,035		$	4,307

A reconciliation of the effective income tax rate and the statutory federal income tax rate is as follows:

	December 31,
	2016			2015
U.S. federal statutory rate		34.00	%		34.00	%
State income tax rate, net of federal benefit		1.45			1.81
Inducement expenses		-			(2.33	)
Other permanent differences		(10.60	)		(3.63	)
Less: valuation allowance		(26.41	)		(29.88	)
Provision for income taxes		(1.56	)%		(.03	)%

In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts became deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. After consideration of all of the information available, Management believes that significant uncertainties exists with respect to future realization of the deferred tax assets and has therefore established a full valuation allowance. For the year ended December 31, 2016 and 2015, the change in valuation allowance was $3,315,776 and $3,906,395.

The tax effects of temporary differences that give rise to deferred tax assets and liabilities are presented below:

	December 31,
	2016			2015
Deferred tax assets:
Net operating loss carryforward	$	8,887,756		$	6,109,750
Tax credits		187,856			177,909
Accruals and reserves		546,286			315,580
Restricted stock		42,140			4,238
Tangible and intangible assets		62,352			-
Charitable donations		3,738			3,759
Total deferred tax assets before valuation allowance:	$	9,730,128		$	6,611,236
Valuation allowance		(9,920,414	)		(6,604,638	)
Deferred tax assets, net of valuation allowance		(190,286	)		6,598

Deferred tax liabilities:
Fixed assets	$	-		$	(6,598	)
Convertible debt		-
Total deferred tax liabilities		-			(6,598	)

Net deferred tax asset (liability)	$	(190,286	)	$	-

Commitments and Contingencies

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Commitments and Contingencies [Abstract]

COMMITMENTS AND CONTINGENCIES

Note 9 - Commitments and Contingencies

Legal Matters

From time to time we may be involved in various claims and legal actions arising in the ordinary course of our business. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our company or any of our subsidiaries, threatened against or affecting our company, or any of our subsidiaries in which an adverse decision could have a material adverse effect upon our business, operating results, or financial condition.

Commitments

The Company is a party to certain leases for office space and warehouse facilities, with monthly payments ranging from $1,750 to $6,911, expiring on various dates through August 2020. The Company incurred rent expense of $150,730 and $103,232 for the nine months ended September 30, 2017 and September 30, 2016, respectively. Minimum future lease payments for non-cancelable operating leases are as follows:

2017	$	50,775
2018		110,867
2019		112,015
2020		65,235
Total future lease obligations	$	338,891

The maturity of the Company’s debt is as follows:

2017	$	-
2018		266,200
2019		212,961
2020		212,961
2021		159,719
Total debt	$	851,841

NOTE 12 - COMMITMENTS AND CONTINGENCIES

LEGAL MATTERS

On November 12, 2015, the Company received a complaint that one of its technologies infringed upon one or more claims of a patent(s) issued to the claimant. The claimant has subsequently acknowledged that the Company is not currently infringing on their patent(s) as the technology in question is not commercially available at the current time. The Company is in the process of negotiating a future royalty agreement with the claimant should it decide to introduce this technology in the future.

From time to time the Company may be involved in various claims and legal actions arising in the ordinary course of its business. Other than as described above, there is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of the company or any of its subsidiaries, threatened against or affecting the company, or any of its subsidiaries in which an adverse decision could have a material adverse effect upon its business, operating results, or financial condition.

COMMITMENTS

On September 12, 2014, the Company entered into a lease agreement for office space in Oxford, Connecticut. The term of the lease was for two (2) years with a monthly rent of $2,300 in the first year, increasing to $2,450 per month in the second year. On October 10, 2016, the Company extended the lease term for the office space in Oxford, Connecticut for six additional months with a monthly rent of $2,450. On October 3, 2014, the Company entered into a lease agreement for customer service and warehouse space in Melbourne, Florida. The lease term commenced on January 1, 2015. The term of the lease is for three (3) years with a current monthly rent amount of $6,837 which includes the base rent, an escrow for taxes and insurance, common area maintenance charges and applicable sale tax. As a result of the LogicMark acquisition on July 25, 2016, we assumed two facility leases. One of the leases is for office space located in Plymouth, Minnesota. This lease agreement expires in February 2018 and the current monthly rent is $1,170. In addition, LogicMark also subleases office and warehouse space located in Louisville, Kentucky. The monthly rent for the space is $8,850 and this sublease agreement is due to expire in July 2017. The Company incurred rent expense of $154,194 and $124,698 for the years ended December 31, 2016 and December 31, 2015, respectively. Minimum lease payments for non-cancelable operating leases are as follows:

Future Lease Obligations

2017	$	172,586
2018		2,340
Total future lease obligations	$	174,926

Effective October 1, 2015, we extended the employment agreement with Gino M. Pereira, our Chief Executive Officer. The term of the employment agreement is for 3 years and the term began on October 1, 2015. Effective January 1, 2017, Mr. Pereira’s base salary increased to $381,150 from $346,500. The employment agreement also provides for:

	●	Payment of all necessary and reasonable out-of-pocket expenses incurred by the executive in the performance of his duties under the agreement.
	●	Eligibility to participate in bonus or incentive compensation plans that may be established by the board of directors from time to time applicable to the executive’s services.
	●	Eligibility to receive equity awards as determined by the board of directors, or a committee of the board of directors, composed in compliance with the corporate governance standards of any applicable listing exchange.

Subsequent Events	9 Months Ended	12 Months Ended
Subsequent Events	Sep. 30, 2017	Dec. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Note 10 – Subsequent Events The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued. On October 2, 2017, the Company issued 6,000 shares of its common stock for the payment of services with a grant date fair value of $13,200. On November 13, 2017, the Company closed a registered direct offering of an aggregate of 2,941,177 shares of the Company’s common stock. The Company sold the shares at a price of $1.36 per share. The Company received gross proceeds from the offering, before deducting placement agent fees and other estimated offering expenses payable by the Company, of approximately $4,000,000. On November 13, 2017, the Company also closed on a concurrent private placement with the same investors for no additional consideration, of warrants to purchase 2,500,000 shares of common stock. On December 19, 2017, and effective as of November 29, 2017, we entered into an agreement (the “Amendment Agreement”) with the holders of the convertible notes and common stock purchase warrants issued pursuant to that certain Exchange Agreement, dated November 29, 2016, by and among the Company and such holders. Pursuant to the Amendment Agreement, the parties agreed to (i) amend the maturity dates of the convertible notes by one (1) year, or November 29, 2018, and (ii) that the holders would forbear the exercise of any remedies due to the passing of the original maturity date. In consideration thereof, the Company issued to the holders an aggregate of 370,000 shares of restricted Common Stock. On December 26, 2017, we closed a registered direct offering of an aggregate of 1,750,000 shares (the “December Shares”) of Common Stock. We sold the December Shares at a price of $4.00 per share. We received gross proceeds from the offering, before deducting placement agent fees and other estimated offering expenses payable by us, of approximately $7 million. Aegis Capital Corp. acted as the lead placement agent for the offering and Maxim Group LLC acted as a co-placement agent for the offering.	NOTE 13 - SUBSEQUENT EVENTS The Company evaluates events that have occurred after the balance sheet date but before the financial statements are issued. On January 3, 2017, the Company issued 6,000 shares of its common stock for the payment of services with a grant date fair market value of $16,680. On various dates during the first quarter of 2017, purchasers of the Series A Preferred Stock converted in aggregate $306,109 of Series A Preferred Stock and dividends into 130,259 shares of common stock. On various dates during the first quarter of 2017, purchasers of the Series B Preferred Stock converted in aggregate $1,682,031 of Series B Preferred Stock, dividends and liquidated damages into 762,097 shares of common stock. On March 28, 2017, the Company issued 27,500 shares of its common stock for the payment of services with a grant date fair market value of $52,250. On March 28, 2017, the Company issued 237,559 shares of its common stock to certain employees under the 2016 bonus plan. On March 26, 2017, the Company signed a binding Letter of Intent (“LOI”) with Fit Pay, Inc., a Delaware corporation (“Fit Pay”), regarding the acquisition by the Company of all of the equity of Fit Pay (the “Transaction”). Following the Transaction, Fit Pay will become a wholly owned subsidiary of the Company. The purchase price of the Transaction will consist of: (i) the issuance of 19.99% of the outstanding shares of the capital stock of the Company to the shareholders of Fit Pay; (ii) the issuance by the Company of $2,000,000 worth of non-voting, non-convertible, shares of junior preferred stock to (the “Junior Preferred Stock”) to certain holders of preferred shares of Fit Pay, which Junior Preferred Stock shall earn a cumulative dividend of 5% per annum, which will increase to a dividend of 10% per annum after the Company’s market capitalization is $75,000,000 for greater than thirty (30) consecutive days; and (iii) an earn-out payment to the then former shareholders of Fit Pay of 12.5% of the gross revenue derived from the Seller’s technology by the Company, for the sixteen (16) quarter period beginning on October 1, 2017. The parties intend to negotiate and execute a definitive agreement for the Transaction in accordance with the terms of the LOI. The definitive agreements will include customary closing conditions including necessary approvals. The Company and Fit Pay have agreed not to initiate or enter into any discussion with any other prospective purchaser of the assets and/or liabilities, or of the stock or business of Fit Pay prior to May 26, 2017.

Summary of Significant Accounting Policies (Policies)

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Summary of Significant Accounting Policies [Abstract]

USE OF ESTIMATES IN THE FINANCIAL STATEMENTS

Use of Estimates in the Financial Statements

USE OF ESTIMATES IN THE FINANCIAL STATEMENTS

PRINCIPLES OF CONSOLIDATION

Principles of consolidation

PRINCIPLES OF CONSOLIDATION

CASH

CASH

RESTRICTED CASH

RESTRICTED CASH

CONCENTRATIONS OF CREDIT RISK

Concentrations of Credit Risk

CONCENTRATIONS OF CREDIT RISK

REVENUE RECOGNITION

Revenue Recognition

REVENUE RECOGNITION

SHIPPING AND HANDLING

SHIPPING AND HANDLING

ACCOUNTS RECEIVABLE

Accounts Receivable

ACCOUNTS RECEIVABLE

Accounts receivable is stated at net realizable value. The Company regularly reviews accounts receivable balances and adjusts the receivable reserves as necessary whenever events or circumstances indicate the carrying value may not be recoverable. At December 31, 2016, the Company had no allowance for doubtful accounts.

INVENTORY

Inventory

INVENTORY

The Company performs regular reviews of inventory quantities on hand and evaluates the realizable value of its inventories. The Company adjusts the carrying value of the inventory as necessary with estimated valuation reserves for excess, obsolete, and slow-moving inventory by comparing the individual inventory parts to forecasted product demand or production requirements. The inventory is valued at the lower of cost or net realizable value with cost determined using the first-in, first-out method. As of December 31, 2016 inventory was comprised of $3,797,499 in raw materials and $1,544,001 in finished goods on hand. As of December 31, 2015 inventory was comprised of $1,587,653 in raw materials and $180,289 in finished goods on hand. As an emerging growth company, the Company is required to prepay for raw materials with certain vendors until credit terms can be established. As of December 31, 2016 and 2015, $1,089,770 and $49,103, respectively of prepayments made primarily for raw materials inventory is included in prepaid expenses and other current assets on the consolidated balance sheet.

LONG-LIVED ASSETS

LONG-LIVED ASSETS

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Equipment			5 years
Furniture and fixtures			3 to 5 years
Tooling and molds			2 to 3 years

GOODWILL

Goodwill

OTHER INTANGIBLE ASSETS

Other Intangible Assets

Amortization expense estimated for each of the next five fiscal years, 2017 through 2021 will be approximately $764,000 per year.

CONVERTIBLE INSTRUMENTS

CONVERTIBLE INSTRUMENTS

The derivative is subsequently marked to market at each reporting date based on current fair value, with the changes in fair value reported in the results of operations.

DERIVATIVE FINANCIAL INSTRUMENTS

DERIVATIVE FINANCIAL INSTRUMENTS

DEBT DISCOUNT AND AMORTIZATION OF DEBT DISCOUNT

DEBT DISCOUNT AND AMORTIZATION OF DEBT DISCOUNT

INCOME TAXES

INCOME TAXES

STOCK-BASED COMPENSATION

Stock-Based Compensation

STOCK-BASED COMPENSATION

NET LOSS PER SHARE

Net Loss per Share

NET LOSS PER SHARE

Basic loss per share was computed using the weighted average number of common shares outstanding. Diluted loss per share includes the effect of diluted common stock equivalents. Potentially dilutive securities of 2,581,104 realizable from the convertible Series A and Series B Preferred Stock (defined below), 575,000 from the convertible exchange notes and from the exercise of 1,829,049 warrants as of December 31, 2016 were excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive. As of December 31, 2015, potentially dilutive securities realizable from the conversion of convertible notes and related accrued interest and from the exercise of 761,549 warrants were excluded from the computation of diluted net loss per share because the effect of their inclusion would have been anti-dilutive.

RESEARCH AND DEVELOPMENT

RESEARCH AND DEVELOPMENT

RECENT ACCOUNTING PRONOUNCEMENTS

Recent Accounting Pronouncements

RECENT ACCOUNTING PRONOUNCEMENTS

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Significant Accounting Policies [Abstract]

Schedule of estimated useful life of property and equipment

Equipment			5 years
Furniture and fixtures			3 to 5 years
Tooling and molds			2 to 3 years

Acquisition (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Acquisitions [Abstract]

Schedule of estimated fair values of identifiable assets acquired and liabilities assumed

Cash	$	10,889
Accounts receivable		91,810
Other current assets		77,095
Property and equipment		31,967
Goodwill		7,954,260
Intangible assets (See Note 4)		5,245,400
Assets acquired		13,411,421

Accounts payable		165,650
Accrued liabilities		964,463
Customer deposits		286,948
Deferred taxes		1,797,476
Liabilities assumed		3,214,537

Net assets acquired	$	10,196,884

Cash	$	109,710
Accounts receivable		494,591
Inventories		2,566,117
Other current assets		370,905
Property and equipment		227,840
Goodwill		15,479,662
Intangible assets		8,604,567
Assets acquired		27,853,392

Accounts payable		507,857
Accrued liabilities		208,747
Liabilities assumed		716,604

Net assets acquired	$	27,136,788

Summary of proforma of financial position or results of operations

	Nine Months Ended			Three Months Ended			Nine Months Ended			Three Months Ended
	September 30, 2017						September 30, 2016
	(unaudited)						(unaudited)
Pro forma:
Net Sales	$	18,961,528		$	4,530,088		$	11,490,257		$	4,014,154
Net Loss applicable to Common Stockholders	$	(7,862,415	)	$	(4,101,606	)	$	(16,898,135	)	$	(4,614,264	)
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	$	(0.71	)	$	(0.28	)	$	(2.09	)	$	(0.53	)

	Twelve months ended
	December 31,
	2016			2015
	(unaudited)
Pro forma:
Net Sales	$	15,673,801		$	11,702,194
Net Loss applicable to Common Stockholders	$	(13,671,124	)	$	(16,394,632	)
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	$	(2.22	)	$	(6.05	)

Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2016

Accrued Expenses [Abstract]

Schedule of accrued expenses

	December 31,
	2016		2015
Salaries and payroll taxes	$	77,037	$	18,380
Reimbursable expenses		5,000		5,000
Consulting fees		25,547		32,173
Audit fees		-		35,000
Merchant bank fees		31,124		-
Rent		1,147		3,077
State income taxes		1,135		4,150
Legal fees		7,568		81,281
Management incentives		604,125		372,000
Interest expense		691,684		45,100
Dividends – Series A & B preferred stock		583,067		-
Liquidated damages – Series B preferred stock		360,000		-
Finder’s fees		256,250		-
Other		257,988		45,277
Totals	$	2,901,672	$	641,438

Derivative Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Liabilities [Abstract]

Schedule of derivative liabilities

	January 12, - March 29,		December 31,
	2016		2015
Embedded Conversion Feature Liability:
Risk-free interest rate		0.46%-0.59%		0.62	%
Expected volatility		100.00%		100.00	%
Expected life (in years)		0.91-0.70		0.92
Expected dividend yield		-		-
Face Value of convertible notes		$3,209,850 - $1,208,850		3,294,850
Fair value		$ -	$	420,360

Schedule of fair value measured on recurring basis

			Fair Value Measurements at December 31, 2015
	Total Carrying Value at December 31, 2015		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Derivative liabilities	$	420,360	$	-	$	-	$	420,360

Summary of the changes in the fair value of our Level 3 financial liabilities that are measured at fair value on a recurring basis

	For the year ended December 31, 2016			For the year ended December 31, 2015

Beginning liability balance	$	420,360		$	-
Loss on change in fair value of derivative liabilities		2,299,020			-
Recognition of conversion feature liability		-			912,330
Gain on derivative liabilities resulting from accelerated amortizations		(1,016,980	)		-
Net realized gain on conversion feature liabilities		-			(47,242	)
Net unrealized gain on conversion feature liabilities		-			(444,728	)
Adjustment to additional paid-in capital upon conversion and modification		(1,702,400	)		-
Ending balance	$	-		$	420,360

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2016

Stockholders' Equity [Abstract]

Summary of warrants outstanding and exercisable

						Weighted
				Weighted		Average
				Average		Remaining
	Number of			Exercise		Life		Intrinsic
	Warrants			Price		In Years		Value
Outstanding at January 1, 2015		362,978		$	28.00		4.51	$	283,828
Issued		431,071			17.80		4.04		-
Exercised		(32,500	)		20.00		-		-
Cancelled		-			-		-		-
Outstanding and Exercisable at December 31, 2015		761,549		$	22.60		3.83	$	-
Issued		1,224,980			4.69		4.13		-
Exercised		(157,480	)		-		-		-
Cancelled		-			-		-		-
Outstanding and Exercisable at December 31, 2016		1,829,049		$	12.00		3.92	$	-

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

Schedule of income tax provision

	December 31,
	2016			2015
Current
Federal	$	-		$	-
State		5,749			4,307
		5,749			4,307
Deferred
Federal		(2,843,866	)		(3,543,673	)
State		(281,625	)		(362,722	)
		(3,125,491	)		(3,906,395	)
Change in valuation allowance		3,315,776			3,906,395
Total income tax provision	$	196,035		$	4,307

Schedule of reconciliation of effective income tax rate and statutory federal income tax rate

	December 31,
	2016			2015
U.S. federal statutory rate		34.00	%		34.00	%
State income tax rate, net of federal benefit		1.45			1.81
Inducement expenses		-			(2.33	)
Other permanent differences		(10.60	)		(3.63	)
Less: valuation allowance		(26.41	)		(29.88	)
Provision for income taxes		(1.56	)%		(.03	)%

Sxhedule of deferred tax assets and liabilities

	December 31,
	2016			2015
Deferred tax assets:
Net operating loss carryforward	$	8,887,756		$	6,109,750
Tax credits		187,856			177,909
Accruals and reserves		546,286			315,580
Restricted stock		42,140			4,238
Tangible and intangible assets		62,352			-
Charitable donations		3,738			3,759
Total deferred tax assets before valuation allowance:	$	9,730,128		$	6,611,236
Valuation allowance		(9,920,414	)		(6,604,638	)
Deferred tax assets, net of valuation allowance		(190,286	)		6,598

Deferred tax liabilities:
Fixed assets	$	-		$	(6,598	)
Convertible debt		-
Total deferred tax liabilities		-			(6,598	)

Net deferred tax asset (liability)	$	(190,286	)	$	-

Commitments and Contingencies (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2017

Dec. 31, 2016

Commitments and Contingencies [Abstract]

Schedule of future lease obligation

2017	$	50,775
2018		110,867
2019		112,015
2020		65,235
Total future lease obligations	$	338,891

2017	$	172,586
2018		2,340
Total future lease obligations	$	174,926

Schedule of debt over each next four years

2017	$	-
2018		266,200
2019		212,961
2020		212,961
2021		159,719
Total debt	$	851,841

Organization and Basis of Presentation (Details) - USD ($)		1 Months Ended			9 Months Ended		12 Months Ended
	Jul. 25, 2016	Jul. 19, 2017	Jul. 22, 2016	Jun. 25, 2012	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Organization and Basis of Presentation (Textual)
Accrued interest rate	15.00%			100.00%
Common stock acquired in exchange				20,000,000
Acquisition of membership interests, description	(i) $17.5 million in cash consideration (ii) $2.5 million in a secured promissory note (the "Logicmark Note") issued to Logicmark Investment Partners, LLC, as representative of the Logicmark Sellers (the "Logicmark Representative") (iii) 78,740 shares of common stock, which were issued upon signing of the Interest Purchase Agreement (the "Logicmark Shares"), and (iv) warrants (the "Logicmark Warrants,") to purchase an aggregate of 157,480 shares of common stock (the "Logicmark Warrant Shares") for no additional consideration.
Payments to LogicMark sellers, description	The Logicmark Note originally was to mature on September 23, 2016 but was extended to April 15, 2017. During 2016 the Company paid down $1,726,031 of the Seller Note with cash generated from operations as well as from the net cash proceeds received of $1,400,000 from the issuance of the convertible exchange notes issued on November 29, 2016. The Note accrues interest at a rate of 15% per annum. The Logicmark Warrants were all exercised on July 27, 2016.				(i) $1,500,000 for calendar year 2016 and (ii) and may be required to pay the LogicMark Sellers an earn-out payment of up to $5,000,000 for calendar year 2017 if LogicMark meets certain gross profit targets set forth in the Interest Purchase Agreement. The secured subordinated promissory note originally issued to LogicMark Investment Partners on July 25, 2016 and amended on November 29, 2016 (the "LogicMark Note") was to mature on September 23, 2016 but was extended to April 15, 2017 and then extended to July 15, 2017. The Company and the LogicMark Sellers also agreed to extend the due date on the 2016 earn-out payment to July 15, 2017.
Convertible notes payable, maturity date	Sep. 23, 2016		Sep. 22, 2016					Dec. 08, 2016
Issuance of common stock shares	78,740
Secured promissory note	$ 15,000,000
Pay down of short-term debt					$ (773,969)	$ (250,000)	$ (1,726,031)
Proceeds received from issuance of convertible exchange notes, net					$ 594,408		$ 1,400,000
LogicMark, LLC [Member]
Organization and Basis of Presentation (Textual)
Payments to LogicMark sellers, description		The Company paid the 2016 earn-out payment in the amount of $1,500,000 to the LogicMark Sellers. In addition, in July 2017, the remaining balance of $594,403 owed on the LogicMark Note, including accrued and unpaid interest, was purchased by certain investors in exchange for $594,408 in principal amount of convertible notes of the Company and warrants exercisable for 297,202 shares of Common Stock.

Reverse Stock Split (Details) - USD ($)	9 Months Ended	12 Months Ended
Reverse Stock Split (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Reverse Stock Split (Textual)
Reverse stock split, description	On September 1, 2016, the Company's board of directors and stockholders approved a resolution to amend the Company's Certificate of Incorporation and to authorize the Company to effect a reverse split of the Company's outstanding common stock at a ratio of 1-for-10 (the "Reverse Split"). On September 9, 2016, the Company effected the Reverse Split. Upon effectiveness of the Reverse Split, every 10 shares of outstanding common stock decreased to one share of common stock. Throughout this report, the Reverse Split was retroactively applied to all periods presented.	On September 1, 2016, the Company's board of directors and stockholders approved a resolution to amend the Company's Certificate of Incorporation and to authorize the Company to effect a reverse split of the Company's outstanding common stock at a ratio of 1-for-10 (the "Reverse Split"). On September 9, 2016, the Company effected the Reverse Split. Upon effectiveness of the Reverse Split, every 10 shares of outstanding common stock decreased to one share of common stock.
Deferred debt issuance costs to convertible notes payable			$ 52,810

Liquidity and Management Plans (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Liquidity and Management Plans (Details) - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Liquidity and Management Plans (Textual)
Operating income	$ (1,683,738)	$ (1,473,199)	$ 49,565	$ (6,107,216)	$ (6,710,088)	$ (10,924,297)
Net loss	(4,031,152)	$ (2,447,649)	(5,960,684)	(10,368,921)	(12,752,928)	(13,076,854)
Working capital deficiency	$ 6,322,182		6,322,182		2,073,523
Proceeds received from issuance of Series A preferred stock, net				1,869,775	1,869,775
Proceeds received from issuance of Series B preferred stock, net				4,090,000	$ 4,090,000
Preferred stock, par value	$ 0.0001		$ 0.0001		$ 0.0001	$ 0.0001
Issuance of a promissory note				$ 400,000	$ 400,000
Contingent consideration	$ 5,340,432		5,340,432		1,496,442
Stockholders' equity	$ 6,835,893		$ 6,835,893		$ 2,818,731	$ 881,333	$ 2,735,344
Series A Convertible Preferred Stock [Member]
Liquidity and Management Plans (Textual)
Preferred stock, par value	$ 0.0001		$ 0.0001		$ 0.0001	$ 0.0001
Stockholders' equity					$ 1,869,775
Series B Convertible Preferred Stock [Member]
Liquidity and Management Plans (Textual)
Preferred stock, par value	$ 0.0001		$ 0.0001		$ 0.0001	$ 0.0001
Stockholders' equity					$ 4,090,000

Summary of Significant Accounting Policies (Details)	12 Months Ended
Summary of Significant Accounting Policies (Details)	Dec. 31, 2016
Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Furniture and fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Tooling and molds [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Tooling and molds [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	2 years

Summary of Significant Accounting Policies (Details Textual) - USD ($)		3 Months Ended	9 Months Ended		12 Months Ended
	May 23, 2017	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Summary of Significant Accounting Policies (Textual)
Restricted cash		$ 40,371	$ 40,371		$ 40,371	$ 1,534,953
Restricted cash balance						1,500,000
Sales revenue					33,540	167,164
Inventory raw materials		3,756,866	3,756,866		3,797,499	1,587,653
Inventory finished goods		1,121,329	1,121,329		1,544,001	180,289
Prepaid inventory		1,321,230	$ 1,321,230		$ 1,089,770	49,103
Antidilutive shares excluded from computation of earnings per share			1,151,374		2,581,104
Goodwill		23,433,922	$ 23,433,922		$ 15,479,662
Amortization of intangible assets			836,415	$ 136,232	318,842
Amortization expense estimated for remainder of fiscal 2017		380,000	380,000
Amortization expense estimated for 2018		1,505,000	1,505,000		764,000
Amortization expense estimated for 2019		1,505,000	1,505,000		764,000
Amortization expense estimated for 2020		1,505,000	1,505,000		764,000
Amortization expense estimated for 2021		1,505,000	1,505,000		764,000
Amortization expense estimated for 2022		1,505,000	1,505,000		764,000
Amortization expense					$ 764,000
Shares issued upon conversion					1,228,828
Accounts receivable due from WVH		1,893,662	$ 1,893,662
Convertible Exchange Notes [Member]
Summary of Significant Accounting Policies (Textual)
Antidilutive shares excluded from computation of earnings per share					575,000
Patents [Member]
Summary of Significant Accounting Policies (Textual)
Other intangible assets, estimated useful lives			11 years		11 years
Fair value of patents		3,657,833	$ 3,657,833		$ 3,936,612
Trademarks [Member]
Summary of Significant Accounting Policies (Textual)
Other intangible assets, estimated useful lives	25 years		20 years		20 years
Fair value of patents		1,182,973	$ 1,182,973
Fair value of trademarks	$ 392,286				$ 1,230,002
Customer relationships [Member]
Summary of Significant Accounting Policies (Textual)
Other intangible assets, estimated useful lives	6 years		10 years		10 years
Fair value of patents		2,875,123	$ 2,875,123
Fair value of customer relationships	$ 1,360,820				$ 3,119,111
Technology [Member]
Summary of Significant Accounting Policies (Textual)
Other intangible assets, estimated useful lives	7 years
Fair value of Technology	$ 3,225,675
LogicMark, LLC [Member]
Summary of Significant Accounting Policies (Textual)
Amortization of intangible assets		569,796	192,019
WVH LLC [Member]
Summary of Significant Accounting Policies (Textual)
Sales revenue		7,057,032	767,751		1,357,413
Accounts receivable due from WVH					$ 621,724
Fit Pay Inc [Member]
Summary of Significant Accounting Policies (Textual)
Amortization of intangible assets		$ 266,619	$ 187,244
Warrants [Member]
Summary of Significant Accounting Policies (Textual)
Antidilutive shares excluded from computation of earnings per share			3,926,251		1,829,049	761,549
Common stock, shares				1,319,049

Acquisition (Details) - USD ($)	May 23, 2017	Jul. 25, 2016
Acquisitions [Abstract]
Cash	$ 10,889	$ 109,710
Accounts receivable	91,810	494,591
Inventories		2,566,117
Other current assets	77,095	370,905
Property and equipment	31,967	227,840
Goodwill	7,954,260	15,479,662
Intangible assets	5,245,400	8,604,567
Assets acquired	13,411,421	27,853,392
Accounts payable	165,650	507,857
Accrued liabilities	964,463	208,747
Customer deposits	286,948
Deferred taxes	1,797,476
Liabilities assumed	3,214,537	716,604
Net assets acquired	$ 10,196,884	$ 27,136,788

Acquisition (Details 1) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Acquisition (Details 1) - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Pro forma:
Net Sales	$ 4,530,088	$ 4,014,154	$ 18,961,528	$ 11,490,257	$ 15,673,801	$ 11,702,194
Net Loss applicable to Common Stockholders	$ (4,101,606)	$ (4,614,264)	$ (7,862,415)	$ (16,898,135)	$ (13,671,124)	$ (16,394,632)
Net Loss Per Share - Basic and Diluted applicable to Common Stockholders	$ (0.28)	$ (0.53)	$ (0.71)	$ (2.09)	$ (2.23)	$ (6.05)

Acquisition (Details Textual) - USD ($)		1 Months Ended			3 Months Ended		9 Months Ended		12 Months Ended
Acquisition (Details Textual) - USD ($)	Jul. 25, 2016	Sep. 23, 2016	Jul. 25, 2016	Jul. 22, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	May 23, 2017	Jun. 25, 2012
Acquisition of LogicMark LLC (Textual)
Secured promissory note maturity date	Sep. 23, 2016			Sep. 22, 2016						Dec. 08, 2016
Debt instrument principal amount	$ 15,000,000		$ 15,000,000
Issuance of common stock shares	78,740
Forbearance agreement, description	(i) $250,000 on September 23, 2016; (ii) $100,000 on October 24, 2016; and (iii) $1,150,000, plus all accrued and unpaid interest due under the Note on October 31, 2016.	<p> (i) $250,000 on September 23, 2016; (ii) $100,000 on October 24, 2016; and (iii) $1,150,000, plus all accrued and unpaid interest due under the LogicMark Note on October 31, 2016.</p>
Escrow amount	$ 500,000	$ 500,000	$ 500,000
Secured subordinated promissory note				$ 2,500,000
Acquisition related expenses					$ 26,626	$ 275,948	$ 149,443	$ 609,466	$ 605,228
Amortization expense related intangible assets						378,881	289,066	1,124,291	731,242	$ 731,242
Amortization deferred debt issuance costs						1,443,667		4,325,190	2,851,185	4,735,767
Reduction depreciation expense						15,719		28,935	35,543	29,948
Amortization of inventory fair value adjustment								945,212	945,212	$ 945,212
Debt issuance costs	$ 1,357,356						365,000		1,357,356
Unamortized balance of deferred debt issue costs									769,453
Purchase price to acquire Logicmark									27,136,788
Amount paid in cash									17,500,000
Non-cash consideration									$ 9,636,788
Non-cash consideration, description									The non-cash consideration was comprised of a $2,500,000 seller note, $900,000 of common stock and warrants issued to the sellers and $6,236,788 in earn-out provisions.
Prime borrowing rate	15.00%		15.00%									100.00%
Deferred debt issue costs	$ 450,000		$ 450,000
Interest expense							$ 211,406
Notes payable, Maturity date	Sep. 23, 2016			Sep. 22, 2016						Dec. 08, 2016
Note originally issued amount	$ 2,500,000,000
Description of merger agreement							(i) 1,912,303 shares of common stock which was equivalent to 19.96% of the outstanding shares of common stock of the Company (the "Common Stock"); (ii) 2,000 shares of the Series C Non-Convertible Preferred Stock of the Company (the "Series C Preferred Stock"); (iii) the payment of certain debts by the Company; and (iv) the payment of certain unpaid expenses of the Fit Pay Sellers of $724,116 by the Company. In addition, the Company will be required to pay the Fit Pay Sellers an earn-out payment equal to 12.5% of the gross revenue derived from Fit Pay's technology for sixteen (16) fiscal quarters commencing on October 1, 2017 and ending on December 31, 2021. To date, Fit Pay has had minimal revenue. The operating results of Fit Pay have been included in the condensed consolidated financial statements from the effective date of the acquisition, May 23, 2017.
LogicMark note payments							$ 250,000
Deferred tax liabilities											$ 1,797,476
Series B Convertible Preferred Stock [Member]
Acquisition of LogicMark LLC (Textual)
Dividends related cost						$ 306,456
Series C Preferred Stock [Member]
Acquisition of LogicMark LLC (Textual)
Dividends related cost							$ 38,904	$ 918,545
Prime rate [Member]
Acquisition of LogicMark LLC (Textual)
Prime borrowing rate									3.50%
Revolving Credit Facility [Member]
Acquisition of LogicMark LLC (Textual)
Secured promissory note maturity date	Jul. 25, 2017		Jul. 25, 2017
Debt instrument principal amount	$ 15,000,000		$ 15,000,000
Notes payable, Maturity date	Jul. 25, 2017		Jul. 25, 2017

Accrued Expenses (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Accrued Expenses [Abstract]
Salaries and payroll taxes	$ 77,037	$ 18,380
Reimbursable expenses	5,000	5,000
Consulting fees	25,547	32,173
Audit fees		35,000
Merchant bank fees	31,124
Rent	1,147	3,077
State income taxes	1,135	4,150
Legal fees	7,568	81,281
Management incentives	604,125	372,000
Interest expense	691,684	45,100
Dividends - Series A & B preferred stock	583,067
Liquidated damages - Series B preferred stock	360,000
Finder's fees	256,250
Other	257,988	45,277
Totals	$ 2,901,672	$ 641,438

Convertible Notes Payable (Details) - USD ($)						1 Months Ended					3 Months Ended			8 Months Ended	9 Months Ended		12 Months Ended
Convertible Notes Payable (Details) - USD ($)	Jul. 25, 2016	Dec. 28, 2015	Dec. 08, 2015	Nov. 25, 2015	Apr. 24, 2015	Jul. 19, 2017	Mar. 28, 2017	Nov. 29, 2016	Jul. 22, 2016	Jul. 27, 2015	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2015	Dec. 08, 2015	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Jul. 13, 2017	Mar. 29, 2016	Feb. 12, 2016	Aug. 04, 2015	Dec. 31, 2014
Short-term Debt [Line Items]
Loss on extinguishment of debt																$ (272,749)	$ (272,749)	$ (635,986)
Conversion of debt																	2,456,679
Convertible notes payable, maturity date	Sep. 23, 2016								Sep. 22, 2016									Dec. 08, 2016
Proceeds from convertible notes payable																		$ 2,962,304
Debt issuance costs	$ 1,357,356														365,000		1,357,356
Installments in exchange for common stock																		350,000
Amortization of debt discount															1,448,506	515,032	648,365	$ 1,093,371
Shares issued for debt relief							237,559
Aggregate principal amount of secured convertible notes	15,000,000
Common stock conversion price																		$ 2.50
Adjustment to additional paid-in capital upon modification																	1,702,400
Debt instrument, description						(i) an aggregate principal amount of $594,408 of secured subordinated convertible promissory notes of the Company (the "July 2017 Notes") due in July 2018, and (ii) warrants exercisable into 297,202 shares of Common Stock (the "July 2017 Warrants"). The July 2017 Notes are convertible into shares of Common Stock at a conversion price of $2.00 per share and the July 2017 Warrants are exercisable into shares of Common Stock with a five year term and an exercise price of $2.00 per share.
Term note, minimum interest																	$ 253,028
Shares issued upon conversion																	1,228,828
Notes outstanding																		$ 3,294,850
Loss on conversion of convertible note interest																44,628
Inducement expense																		755,000
Warrants exercisable shares of common stock						297,202
Non-cash charge for modification of convertible exchange note terms															191,630
Defferred debt issue costs	$ 450,000
Non-cash charge for modification of warrant terms															37,000
December 2015 Private Placement [Member]
Short-term Debt [Line Items]
Number of common stock issued			90,000
Maximum [Member]
Short-term Debt [Line Items]
Notes outstanding																				$ 3,209,850
Minimum [Member]
Short-term Debt [Line Items]
Notes outstanding																				$ 1,208,850
LogicMark Investment Partners [Member]
Short-term Debt [Line Items]
Outstanding balance including accrued and unpaid interest						$ 594,403
April Purchase Agreement [Member]
Short-term Debt [Line Items]
Loss on extinguishment of debt			$ 635,986
Conversion of debt																		1,784,850
Proceeds from convertible notes payable					$ 1,481,500
Debt issuance costs					93,500
Fair value of warrants					860,000
Beneficial conversion feature					715,000
Debt conversion, description		The Company satisfied by an issuance of common stock as a result of a waiver by the holders which allowed the Company to issue common stock below $2.50.
Amortization of debt discount					1,575,000									$ 983,836
Aggregate principal amount of secured convertible notes		$ 350,000	500,000		$ 1,575,000									500,000
Convertible notes bear interest per annum					6.00%
Common stock conversion price					$ 25.20																$ 2.35
Convertible debt principal amount			$ 2,134,850											2,134,850
Warrants exercisable, term					6 months
April Purchase Agreement [Member] \| Class A Warrant [Member]
Short-term Debt [Line Items]
Common stock purchase warrant, shares					46,875
Exercise price					$ 30.20
April Purchase Agreement [Member] \| Class B Warrant [Member]
Short-term Debt [Line Items]
Common stock purchase warrant, shares					46,875
Exercise price					$ 50.00
December Purchase Agreement [Member]
Short-term Debt [Line Items]
Conversion of debt																	$ 838,171
Debt conversion, description			The December Notes bear interest at a rate of 8% per annum. The December Notes were convertible at any time, in whole or in part, at the option of the holders into shares of common stock at a conversion price of $2.35 per share, as modified. In case of an Event of Default (as defined in the December Notes), the notes are convertible at 85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior fifteen (15) trading days, until such Event of Default has been cured.														<div>(a) $5.50 per share and (b) from and after an Event of Default (as defined in the December Notes), 85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior thirty (30) trading days, until such Event of Default has been cured.</div>
Amortization of debt discount																		$ 109,535
Convertible debt principal amount			$ 1,500,000											1,500,000
Debt instrument, description			85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior fifteen (15) trading days at the option of the Company.
Term note, minimum interest																	$ 38,560
Shares issued upon conversion																	373,077
Debt discount			$ 1,719,700
Notes outstanding			3,644,850											3,644,850			$ 0
Derivative liability			912,330											912,330
November Purchaser Agreement [Member]
Short-term Debt [Line Items]
Convertible notes payable, maturity date				Dec. 15, 2015				Nov. 29, 2017
Amortization of debt discount																	$ 133,333
Common stock conversion price								$ 3.00
Convertible notes bear interest				12.00%
Convertible debt principal amount				$ 200,000				$ 1,500,000
Debt instrument, description								(i) an aggregate principal amount of $1,500,000 of new secured subordinated promissory notes (the "Exchange Notes") and (ii) warrants (the "Warrants", and together with the Exchange Notes, the "Exchange Securities") convertible into 500,000 shares of common stock of the Company, par value $0.0001 (the "Common Stock"). The Holders purchased the $1,500,000 of Original Notes from LogicMark Investment prior to this transaction.
Term note, minimum interest				$ 10,000
Warrants exercisable, term								5 years
Warrant exercise price								$ 3.00
Accrued interest rate of per annum								15.00%
November Notes [Member]
Short-term Debt [Line Items]
Common stock price per share																			$ 2
Defferred debt issue costs											35,949				35,949
Unamortized note discount											491,667				491,667
November Notes [Member] \| Maximum [Member]
Short-term Debt [Line Items]
Common stock conversion price																			3.00
Warrant exercise price								$ 3.00
November Notes [Member] \| Minimum [Member]
Short-term Debt [Line Items]
Common stock conversion price																			2.00
Warrant exercise price								$ 2.00
Warrant [Member]
Short-term Debt [Line Items]
Common stock price per share																			$ 3.00
Warrant exercise price																	$ 12.00	$ 22.60					$ 28.00
Defferred debt issue costs											$ 432,917				432,917
Debt discount amortized															$ 81,839
Warrant [Member] \| Maximum [Member]
Short-term Debt [Line Items]
Warrant exercise price											$ 6.54				$ 6.54
Warrant [Member] \| Minimum [Member]
Short-term Debt [Line Items]
Warrant exercise price											$ 4.043				$ 4.043
8% Convertible Notes [Member]
Short-term Debt [Line Items]
Convertible notes payable, maturity date										Sep. 11, 2015
Proceeds from convertible notes payable										$ 200,000
Aggregate principal amount of secured convertible notes										$ 200,000
Common stock conversion price										$ 35.00												$ 35.00
Convertible notes bear interest										8.00%
Convertible debt principal amount										$ 222,222
Debt instrument, description										If such prepayment was made within sixty (60) days after the issuance date of the 8% Convertible Notes, the Company would pay an amount in cash equal to 109% of the sum of the then outstanding principal amount of the note and interest; thereafter, if such prepayment was made, the Company would pay an amount in cash equal to 114% of the sum of the then outstanding principal amount of the note and interest.
Maximum interest rate for convertible notes payable										24.00%
Inducement expense													$ 100,000
Common stock price per share																						$ 17.50
Convertible Note [Member]
Short-term Debt [Line Items]
Loss on extinguishment of debt			635,986
Aggregate principal amount of secured convertible notes		$ 350,000	500,000											500,000
Common stock conversion price		$ 2.50
Convertible debt principal amount			$ 2,134,850											$ 2,134,850

Derivative Liabilities (Details) - USD ($)	3 Months Ended	12 Months Ended
Derivative Liabilities (Details) - USD ($)	Mar. 29, 2016	Dec. 31, 2015
Embedded Conversion Feature Liability:
Risk-free interest rate		0.62%
Expected volatility	100.00%	100.00%
Expected life (in years)		11 months 1 day
Expected dividend yield
Face Value of convertible notes		$ 3,294,850
Fair value		$ 420,360
Minimum [Member]
Embedded Conversion Feature Liability:
Risk-free interest rate	0.46%
Expected life (in years)	8 months 12 days
Face Value of convertible notes	$ 1,208,850
Maximum [Member]
Embedded Conversion Feature Liability:
Risk-free interest rate	0.59%
Expected life (in years)	10 months 28 days
Face Value of convertible notes	$ 3,209,850

Derivative Liabilities (Details 1) - USD ($)	Mar. 29, 2016	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities		$ 420,360
Fair Value, Recurring [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities		420,360
Fair Value, Recurring [Member] \| Quoted prices in active markets (Level 1)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities
Fair Value, Recurring [Member] \| Significant other observable inputs (Level 2)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities
Fair Value, Recurring [Member] \| Significant unobservable inputs (Level 3)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative liabilities		$ 420,360

Derivative Liabilities (Details 2) - USD ($)	12 Months Ended
Derivative Liabilities (Details 2) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Adjustment to additional paid-in capital upon conversion and modification	$ (1,702,400)
Fair Value, Inputs, Level 3 [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Beginning liability balance	420,360
Loss on change in fair value of derivative liabilities	2,299,020
Recognition of conversion feature liability		912,330
Gain on derivative liabilities resulting from accelerated amortizations	(1,016,980)
Net realized gain on conversion feature liabilities		(47,242)
Net unrealized gain on conversion feature liabilities		(444,728)
Adjustment to additional paid-in capital upon conversion and modification	(1,702,400)
Ending balance		$ 420,360

Derivative Liabilities (Details Textual) - USD ($)	9 Months Ended		12 Months Ended
Derivative Liabilities (Details Textual) - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Derivative Liabilities (Textual)
Amortization of discount on contingent consideration	$ 124,701		$ 91,682

Strategic Agreements With World Ventures Holdings (Details) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2017	Dec. 31, 2016	Dec. 31, 2015	Apr. 28, 2016
Strategic Agreements With World Ventures Holdings (Textual)
Aggregate purchase price				$ 1,974,522
Restricted cash	$ 40,371	$ 40,371	$ 40,371	1,534,953
Customer deposits	3,676,395	3,676,395	6,068,894	$ 8,729
Revenue	767,751	7,057,032
Accounts receivable due from WVH	$ 1,893,662	$ 1,893,662
WVH [Member]
Strategic Agreements With World Ventures Holdings (Textual)
Expenditure description				The WVH Warrant is initially exercisable on the five (5) month anniversary of the issuance date at an exercise price equal to $7.50 per share and has a term of exercise equal to two (2) years and seven (7) months from the date on which first exercisable. On April 28, 2016, the exercise price of the WVH Warrant was modified to $4.00.
Warrant exercise price					$ 4.00
Revenue			1,357,413
Accounts receivable due from WVH			621,724
Development Agreement [Member]
Strategic Agreements With World Ventures Holdings (Textual)
Cost of sales representatives, members, consumers, employees, contractors or affiliates			1,500,000	$ 1,500,000
Development and manufacture cost				$ 2,000,000
Expenditure description				In addition, any expenditure of the $1,500,000 in proceeds is restricted in that the Company will need prior approval from WVH on a monthly basis in order to fund the estimated expenditures needed for the development of the product for WVH from the $1,500,000.
Restricted cash				$ 1,500,000
Development Agreement [Member] \| WVH [Member]
Strategic Agreements With World Ventures Holdings (Textual)
Expenditure description				The Development Agreement commenced on December 31, 2015, and has an initial term of two (2) years (the "Initial Term"). Thereafter, the Development Agreement will automatically renew for additional successive one (1) year terms (each a "Renewal Term") unless and until WVH provides written notice of non-renewal at least thirty (30) days prior to the end of the Initial Term or then-current Renewal Term.
Securities Purchase Agreement [Member]
Strategic Agreements With World Ventures Holdings (Textual)
Sale of common stock, shares				1,005,000
Common stock purchase warrant				251,250
Aggregate purchase price				$ 2,000,000
Warrant exercise price				$ 0.75

Stockholders' Equity (Details) - Warrants [Member] - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Number of Warrants
Number of Warrants Outstanding and Exercisable, Beginning	761,549	362,978
Number of Warrants Issued	1,224,980	431,071
Number of Warrants Exercised	(157,480)	(32,500)
Number of Warrants Cancelled
Number of Warrants Outstanding and Exercisable, Ending	1,829,049	761,549
Weighted Average Exercise Price
Weighted Average Exercise Price Outstanding and Exercisable, Beginning	$ 22.60	$ 28.00
Weighted Average Exercise Price Issued	4.69	17.80
Weighted Average Exercise Price Exercised		20.00
Weighted Average Exercise Price Cancelled
Weighted Average Exercise Price Outstanding and Exercisable, Ending	$ 12.00	$ 22.60
Weighted Average Remaining Life In Years
Weighted Average Remaining Life In Years Outstanding and Exercisable, Beginning	3 years 9 months 29 days	4 years 6 months 4 days
Weighted Average Remaining Life In Years, Issued	4 years 1 month 17 days	4 years 15 days
Weighted Average Remaining Life In Years Outstanding and Exercisable, Ending	3 years 11 months 1 day	3 years 9 months 29 days
Intrinsic Value Outstanding and Exercisable, Beginning		$ 283,828
Intrinsic Value Outstanding and Exercisable, Ending

Stockholders' Equity (Details Textual)								1 Months Ended							3 Months Ended		8 Months Ended	9 Months Ended		12 Months Ended
Stockholders' Equity (Details Textual)	Jul. 13, 2017 USD ($) $ / shares shares	Jan. 03, 2017 USD ($) shares	Jul. 25, 2016 USD ($) $ / shares shares	Apr. 11, 2016 USD ($) $ / shares shares	Dec. 08, 2015 USD ($) shares	Aug. 04, 2015 USD ($) $ / shares shares	Apr. 24, 2015 USD ($) $ / shares shares	Jul. 19, 2017	Mar. 28, 2017 USD ($) shares	Jul. 30, 2016 $ / shares	Jul. 25, 2016 USD ($) $ / shares shares	Jul. 22, 2016 USD ($)	Oct. 21, 2015 USD ($) $ / shares shares	Jul. 27, 2015 USD ($) $ / shares	Mar. 31, 2017 USD ($) shares	Sep. 30, 2015 USD ($)	Dec. 08, 2015 USD ($)	Sep. 30, 2017 USD ($) NonExecutiveDirectors $ / shares shares	Sep. 30, 2016 USD ($) shares	Dec. 31, 2016 USD ($) NonExecutiveDirectors $ / shares shares	Dec. 31, 2015 USD ($) NonExecutiveDirectors NonExecutiveEmployees $ / shares shares	Feb. 12, 2016 $ / shares	Dec. 28, 2015 USD ($)	Dec. 31, 2014 $ / shares shares	Sep. 15, 2014 $ / shares	Sep. 10, 2014 $ / shares	Jan. 13, 2014 $ / shares
Common stock issued \| shares																		16,069,477		7,379,924	4,442,528
Common stock, par value \| $ / shares																		$ 0.0001		$ 0.0001	$ 0.0001
Gross proceeds from Issuance of common stock																		$ 3,069,940			$ 5,114,353
Proceeds from warrant exercises																			50,000		650,000
Inducement expense																					755,000
Secured promissory note			$ 15,000,000								$ 15,000,000
Additional paid-in capital																		$ 47,454,771		33,204,943	22,787,762
Shares issued under stock incentive plan, shares \| shares																		737,992
Stock issued for services rendered, shares \| shares		6,000	157,480						27,500
Stock issued for services rendered		$ 16,680							$ 52,250											619,254	2,381,961
Expenses related to restricted stock awards																		$ 614,655
Debt issuance costs			$ 1,357,356															365,000		1,357,356
Amortization of debt discount																		$ 1,448,506	$ 515,032	648,365	$ 1,093,371
Convertible notes payable, maturity date			Sep. 23, 2016									Sep. 22, 2016									Dec. 08, 2016
Proceeds from convertible notes payable																					$ 2,962,304
Common stock conversion price \| $ / shares																					$ 2.50
Aggregate purchase price of senior secured convertible notes												$ 2,500,000
Preferred stock, par value \| $ / shares																		$ 0.0001		$ 0.0001	$ 0.0001
Other long-term assets																				$ 900,000
Common stock and warrants issued to acquire Logic Mark																				$ 900,000
Debt instrument, description								(i) an aggregate principal amount of $594,408 of secured subordinated convertible promissory notes of the Company (the "July 2017 Notes") due in July 2018, and (ii) warrants exercisable into 297,202 shares of Common Stock (the "July 2017 Warrants"). The July 2017 Notes are convertible into shares of Common Stock at a conversion price of $2.00 per share and the July 2017 Warrants are exercisable into shares of Common Stock with a five year term and an exercise price of $2.00 per share.
Minimum ownership percentage of voting stock																		50.00%
Common stock voting rights																		One (1) share of Series C Preferred Stock shall carry the same voting rights as one (1) share of Common Stock.
Series A Preferred Stock [Member]
Preferred stock, par value \| $ / shares																		$ 0.0001		$ 0.0001	$ 0.0001
Preferred stock dividend															$ 0			$ 34,884
Conversion of Series A Preferred stock and dividends into shares of common stock																		$ 338,749
Conversion of Series A Preferred stock and dividends into shares of common stock, Shares \| shares																		211,424
Preferred stock dividend into shares \| shares															130,259			159,219
Series B Preferred Stock [Member]
Preferred stock, par value \| $ / shares																		$ 0.0001		$ 0.0001	$ 0.0001
Preferred stock dividend															$ 71,875			$ 634,375
Conversion of Series A Preferred stock and dividends into shares of common stock																		$ 6,075,000
Conversion of Series A Preferred stock and dividends into shares of common stock, Shares \| shares																		4,500,000
Preferred stock dividend into shares \| shares															762,097			3,106,802
Series C Preferred Stock [Member]
Cumulative dividends rate																		5.00%
Preferred stock dividend															$ 25,205			$ 35,890
8% Convertible Notes [Member]
Inducement expense																$ 100,000
Secured promissory note														$ 200,000
Convertible notes payable, maturity date														Sep. 11, 2015
Proceeds from convertible notes payable														$ 200,000
Convertible notes bear interest														8.00%
Convertible debt principal amount														$ 222,222
Maximum interest rate for convertible notes payable														24.00%
Common stock conversion price \| $ / shares						$ 35.00								$ 35.00
Share price per share \| $ / shares						17.50
Equity offering price \| $ / shares						17.50
Debt instrument, description														If such prepayment was made within sixty (60) days after the issuance date of the 8% Convertible Notes, the Company would pay an amount in cash equal to 109% of the sum of the then outstanding principal amount of the note and interest; thereafter, if such prepayment was made, the Company would pay an amount in cash equal to 114% of the sum of the then outstanding principal amount of the note and interest.
Non Executive Employees [Member]
Restricted shares issued \| shares																		622,507
Shares issued under stock incentive plan																		$ 1,067,231
Discretionary management and employee bonus expense																		$ 700,000
Stock issued for services rendered, shares \| shares																		119,800
Stock issued for services rendered																		$ 240,535
Restricted shares vesting period, description																		The vesting period for these restricted shares of common stock is twelve months.
Stock Compensation Plan [Member]
Common stock issued \| shares																		437,384
Common stock voting rights																		The maximum aggregate number of shares of common stock that may be issued under the 2017 SIP, including stock awards, stock issued to directors for serving on the Company's board, and stock appreciation rights, is limited to 10% of the shares of Common Stock outstanding on the first business or trading day of any fiscal year, which is at January 1, 2018; provided that for fiscal year 2017, 1,500,000 shares of Common Stock may be delivered to participants under the 2017 SIP.
April Purchase Agreement [Member]
Secured promissory note					$ 500,000		$ 1,575,000										$ 500,000						$ 350,000
Convertible notes bear interest per annum							6.00%
Debt issuance costs							$ 93,500
Fair value of class A and B Warrants							860,000
Beneficial conversion feature							715,000
Amortization of debt discount							1,575,000										983,836
Proceeds from convertible notes payable							$ 1,481,500
Convertible debt principal amount					2,134,850												2,134,850
Common stock conversion price \| $ / shares							$ 25.20															$ 2.35
April Purchase Agreement [Member] \| Series A Preferred Stock [Member]
Shares purchased \| shares							46,875
Conversion of Series A Preferred stock and dividends into shares of common stock																				$ 2,662,794
Conversion of Series A Preferred stock and dividends into shares of common stock, Shares \| shares																				834,718
April Purchase Agreement [Member] \| Series B Preferred Stock [Member]
Shares purchased \| shares							46,875
December Purchase Agreement [Member]
Derivative liability					912,330												912,330
Amortization of debt discount																					$ 109,535
Convertible debt principal amount					$ 1,500,000												1,500,000
Debt instrument, description					85% of the average of the five (5) lowest daily Weighted Average Prices (as defined in the December Notes) in the prior fifteen (15) trading days at the option of the Company.
Common Stock [Member]
Common stock issued \| shares																								50,000
Shares purchased \| shares																				1,601,905	140,000
Stock issued for services rendered, shares \| shares																				204,553	254,147
Stock issued for services rendered																				$ 21	$ 25
Common stock and warrants issued to acquire Logic Mark																				$ 8
Warrants [Member]
Number of warrants \| shares																		3,926,251		1,829,049	761,549			362,978
Number of warrants exercised \| shares																				157,480	32,500
Issuance of stock price per share \| $ / shares	$ 1.42
Warrant exercise price \| $ / shares																				$ 12.00	$ 22.60			$ 28.00
Share price per share \| $ / shares	$ 3.00
Conversion of Series A Preferred stock and dividends into shares of common stock, Shares \| shares																			1,319,049
Warrants intrinsic value																		$ 0
Warrants remaining life term																		4 years 5 months 6 days
Warrants [Member] \| Maximum [Member]
Warrant exercise price \| $ / shares																		$ 6.54
Warrants [Member] \| Minimum [Member]
Warrant exercise price \| $ / shares																		$ 4.043
Purchasers [Member] \| Warrants [Member]
Warrant exercise price \| $ / shares																											$ 3.25
June Purchasers [Member] \| Common Stock [Member]
Warrant exercise price \| $ / shares																										$ 20.00
Warrant term																				5 years
June Purchasers [Member] \| Warrants [Member]
Warrant exercise price \| $ / shares																										$ 20.00
August Purchasers [Member]
Warrants issued to purchase common stock \| shares																				50,000
Public Offering [Member]
Warrant exercise price \| $ / shares																									$ 3.288
August 2015 Public Offering and Private Placement [Member]
Warrant exercise price \| $ / shares						$ 23.50
August 2015 Offerings [Member]
Aggregate purchase price of common stock						$ 3,012,500
Issuance of common stock, shares \| shares						172,143
Issuance of stock price per share \| $ / shares						$ 17.50
August 2015 Offerings [Member] \| Warrant Purchase Agreement [Member]
Warrants issued to purchase common stock \| shares						86,072
Common stock price per warrant \| $ / shares						$ 0.0000001
Warrant purchase agreement, description						Each August 2015 Warrant shall be initially exercisable on the six (6) month anniversary of the issuance date an exercise price equal to $23.50 per share and have a term of exercise equal to five (5) years from the date on which first exercisable.
October 2015 Public Offering [Member]
Issuance of stock price per share \| $ / shares													$ 7.00
Number of common stock issued \| shares													150,000
Gross proceeds from public offering													$ 1,050,000
December 2015 Private Placement [Member]
Number of common stock issued \| shares					90,000
December 2015 Private Placement [Member] \| Senior Secured Convertible Notes [Member]
Secured promissory note					$ 1,500,000												$ 1,500,000
Interest rate					8.00%												8.00%
April 2016 Offering [Member] \| Series A Preferred Stock [Member]
Issuance of stock price per share \| $ / shares				$ 1.00
Number of common stock issued \| shares				2,500,000
Preferred stock, par value \| $ / shares				$ 0.0001
Cumulative dividends rate				25.00%
Preferred stock dividend				$ 230,225																$ 590,116
Payable of agent fees and other estimated offering expenses				2,500,000
Stock issuance cost
July 2016 Offering [Member] \| Series B Preferred Stock [Member]
Issuance of stock price per share \| $ / shares			$ 1.00								$ 1.00
Warrants issued to purchase common stock \| shares											562,500
Common stock conversion price \| $ / shares			4.00								$ 4.00
Warrant exercise price \| $ / shares										$ 7.50
Warrant term										5 years
Number of common stock issued \| shares											4,500,000
Preferred stock, par value \| $ / shares			$ 0.0001								$ 0.0001
Cumulative dividends rate										25.00%
Preferred stock dividend																				490,625
Payable of agent fees and other estimated offering expenses											$ 4,500,000
Stock issuance cost			$ 410,000								$ 410,000
July 2017 Offerings [Member]
Stock issued for services rendered, shares \| shares	2,170,000
Issuance of stock price per share \| $ / shares	$ 1.43
Warrants issued to purchase common stock \| shares	230,000
Expense payable	$ 3,429,700
Private placement [Member]
Issuance of stock price per share \| $ / shares	$ 2.00
Warrants issued to purchase common stock \| shares	1,800,000
Warrant purchase agreement, description	The warrants will be exercisable beginning on the six (6) month anniversary of the date of issuance, at an exercise price of $2.00 per share and will expire on the fifth anniversary of the initial exercise date.
January 13, 2014 offering [Member]
Closing balance of private offering																				1,000,000
Exercised oversubscription amount in offering																				$ 350,000
Common stock issued \| shares																				4,154
Common stock, par value \| $ / shares																				$ 0.0001
Stock sold in private offering, warrant shares \| shares																				135,000
Common stock exercise price \| $ / shares																				$ 32.50
Proceeds from private offering																				$ 45,000
Aggregate purchase price of common stock																				$ 1,350,000
January 13, 2014 offering [Member] \| Purchasers [Member]
Common stock issued \| shares																				41,539
Common stock, par value \| $ / shares																				$ 0.0001
Securities Purchase Agreement [Member] \| Class Warrant [Member]
Warrant exercise price \| $ / shares							$ 3.02
Securities Purchase Agreement [Member] \| Class B Warrant [Member]
Warrant exercise price \| $ / shares							$ 5
Securities Purchase Agreement [Member] \| July 2015 Private Placement [Member] \| 8% Convertible Notes [Member]
Debt instrument, description																				On July 27, 2015, the Company entered into a securities purchase agreement with accredited investors (the ''July Purchasers'') pursuant to which the Company sold an aggregate of $222,222 in principal amount of the 8% Original Issue Discount Convertible Notes (the ''8% Convertible Notes'') for an aggregate purchase price of $200,000. The Company received net proceeds of $200,000 from the sale of the 8% Convertible Notes.
December 2013 Offering [Member]
Number of warrants \| shares																				45,000
January 2014 Offering [Member]
Number of warrants \| shares																				90,000
Long-Term Stock Incentive Plan [Member]
Long-term stock incentive plan, description																		The maximum aggregate number of shares of common stock that may be issued under the LTIP, including stock awards, stock issued to directors for serving on the Company's board, and stock appreciation rights, is limited to 10% of the shares of Common Stock outstanding on the first business or trading day of any fiscal year, which is 737,992 at January 1, 2017.		The maximum aggregate number of shares of common stock that may be issued under the LTIP, including stock awards, stock issued to directors for serving on the Company's board, and stock appreciation rights, is limited to 10% of the shares of common stock outstanding on the first business or trading day of any fiscal year, which is 554,054 at December 31, 2016.
Shares issued under stock incentive plan																					$ 372,000
Long-Term Stock Incentive Plan [Member] \| Non Executive Director [Member]
Number of employees under stock incentive plan \| NonExecutiveDirectors																		5		3
Number of non-executive employees \| NonExecutiveDirectors																					3
Shares issued under stock incentive plan																		$ 260,000		$ 180,000	$ 180,000
Shares issued under stock incentive plan, shares \| shares																		131,363		51,705	26,961
Long-Term Stock Incentive Plan [Member] \| Executive Officer [Member]
Shares issued under stock incentive plan																		$ 400,000		$ 372,000
Shares issued under stock incentive plan, shares \| shares																		237,559		60,000
Restricted shares vesting period, description																		The vesting period for these restricted shares of common stock is twelve months.
Long-Term Stock Incentive Plan [Member] \| Non Executive Employees [Member]
Number of non-executive employees \| NonExecutiveEmployees																					1
Shares issued under stock incentive plan																				$ 372,000	$ 147,500
Shares issued under stock incentive plan, shares \| shares																				60,000	5,000
Aggregate purchase price of common stock																					$ 147,500

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($)	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Current
Federal
State					5,749	4,307
Total					5,749	4,307
Deferred
Federal					(2,843,866)	(3,543,673)
State					(281,625)	(362,722)
Total					(3,125,491)	(3,906,395)
Change in valuation allowance					3,315,776	3,906,395
Total income tax provision	$ 93,188	$ 5,000	$ 279,563	$ 5,000	$ 196,035	$ 4,307

Income Taxes (Details 1)	12 Months Ended
Income Taxes (Details 1)	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Abstract]
U.S. federal statutory rate	34.00%	34.00%
State income tax rate, net of federal benefit	1.45%	1.81%
Inducement expenses		(2.33%)
Other permanent differences	(10.60%)	(3.63%)
Less: valuation allowance	(26.41%)	(29.88%)
Provision for income taxes	(1.56%)	(0.03%)

Income Taxes (Details 2) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Net operating loss carryforward	$ 8,887,756	$ 6,109,750
Tax credits	187,856	177,909
Accruals and reserves	546,286	315,580
Restricted stock	42,140	4,238
Tangible and intangible assets	62,352
Charitable donations	3,738	3,759
Total deferred tax assets before valuation allowance:	9,730,128	6,611,236
Valuation allowance	(9,920,414)	(6,604,638)
Deferred tax assets, net of valuation allowance	(190,286)	6,598
Deferred tax liabilities:
Fixed assets		(6,598)
Convertible debt
Total deferred tax liabilities		(6,598)
Net deferred tax asset (liability)	$ (190,286)

Income Taxes (Details Textual) - USD ($)	12 Months Ended
Income Taxes (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Income Taxes (Textual)
Operating loss carryforwards, expiration date	Dec. 31, 2033
Tax credit carryforwards	$ 187,856
Tax credit carryforward, expiration date	Dec. 31, 2033
Change in valuation allowance	$ (3,315,776)	$ (3,906,395)
Federal [Member]
Income Taxes (Textual)
Net operating loss carryovers	24,152,902
State [Member]
Income Taxes (Textual)
Net operating loss carryovers	$ 12,469,752

Commitments and Contingencies (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Commitments and Contingencies [Abstract]
2017	$ 50,775	$ 172,586
2018	110,867	2,340
2019	112,015
2020	65,235
Total future lease obligations	$ 338,891	$ 174,926

Commitments and Contingencies (Details 1)	Sep. 30, 2017 USD ($)
Commitments and Contingencies [Abstract]
2017
2018	266,200
2019	212,961
2020	212,961
2021	159,719
Total debt	$ 851,841

Commitments and Contingencies (Details Textual) - USD ($)				9 Months Ended		12 Months Ended
	Jan. 03, 2017	Oct. 10, 2016	Sep. 12, 2014	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies (Textual)
Monthly rent for first year			$ 2,300
Monthly rent for second year			$ 2,450
Term of the lease			2 years			3 years
Monthly rent amount		$ 2,450				$ 6,837
Rent expenses				$ 150,730	$ 103,232	$ 154,194	$ 124,698
Mr. Pereira [Member]
Commitments and Contingencies (Textual)
Employment agreement term						3 years
Mr. Pereira [Member] \| Maximum [Member]
Commitments and Contingencies (Textual)
Base salary increased	$ 346,500
Mr. Pereira [Member] \| Minimum [Member]
Commitments and Contingencies (Textual)
Base salary increased	$ 381,150
Office Space [Member]
Commitments and Contingencies (Textual)
Monthly rent amount						$ 1,170
Lease expiration, date				Aug. 31, 2020		Feb. 28, 2018
Office Space [Member] \| Maximum [Member]
Commitments and Contingencies (Textual)
Monthly rent amount				$ 6,911
Office Space [Member] \| Minimum [Member]
Commitments and Contingencies (Textual)
Monthly rent amount				$ 1,750
Subleases Office [Member]
Commitments and Contingencies (Textual)
Monthly rent amount						$ 8,850
Lease expiration, date						Jul. 31, 2017

Subsequent Events (Details) - USD ($)					1 Months Ended				3 Months Ended	9 Months Ended	12 Months Ended
Subsequent Events (Details) - USD ($)	Nov. 29, 2017	Mar. 26, 2017	Jan. 03, 2017	Jul. 25, 2016	Dec. 26, 2017	Nov. 13, 2017	Oct. 02, 2017	Mar. 28, 2017	Mar. 31, 2017	Sep. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Subsequent Events (Textual)
Purchase price transaction, description		(i) The issuance of 19.99% of the outstanding shares of the capital stock of the Company to the shareholders of Fit Pay; (ii) the issuance by the Company of $2,000,000 worth of non-voting, non-convertible, shares of junior preferred stock to (the "Junior Preferred Stock") to certain holders of preferred shares of Fit Pay, which Junior Preferred Stock shall earn a cumulative dividend of 5% per annum, which will increase to a dividend of 10% per annum after the Company's market capitalization is $75,000,000 for greater than thirty (30) consecutive days; and (iii) an earn-out payment to the then former shareholders of Fit Pay of 12.5% of the gross revenue derived from the Seller's technology by the Company, for the sixteen (16) quarter period beginning on October 1, 2017. The parties intend to negotiate and execute a definitive agreement for the Transaction in accordance with the terms of the LOI.
Stock issued during the period shares issued for services, value			$ 16,680					$ 52,250			$ 619,254	$ 2,381,961
Stock issued during the period shares issued for services, shares			6,000	157,480				27,500
Stock issued during the period employees plan								237,559
Series A Preferred Stock [Member]
Subsequent Events (Textual)
Preferred stock converted into common stock, value									$ 306,109
Preferred stock converted into common stock, Shares									130,259	159,219
Series B Preferred Stock [Member]
Subsequent Events (Textual)
Preferred stock converted into common stock, value									$ 1,682,031
Preferred stock converted into common stock, Shares									762,097	3,106,802
Subsequent Event [Member]
Subsequent Events (Textual)
Stock issued during the period shares issued for services, value							$ 13,200
Stock issued during the period shares issued for services, shares							6,000
Warrants purchase of common stock, shares						2,500,000
Sale of stock share price					$ 4.00
Restricted shares issued	370,000
Subsequent Event [Member] \| Offering [Member]
Subsequent Events (Textual)
Stock issued during the period shares issued for services, shares						2,941,177
Sale of stock share price						$ 1.36
Expense payable					$ 7,000,000	$ 4,000,000
Aggregate of offering shares					1,750,000