XML 30 R17.htm IDEA: XBRL DOCUMENT v3.20.2
FAIR VALUE MEASUREMENT (Tables)
9 Months Ended
Sep. 30, 2020
Notes 2021 [Member]  
Schedule of liability component based on income approach

The Company prepared a valuation of the fair value of the Company’s outstanding 2021 Notes (a Level 3 valuation) as of September 30, 2020. The value of these notes was estimated by implementing the binomial model. The liability component was valued based on the Income Approach. The following parameters were used:

    

2021 Notes

Stock price (USD)

 

3.87

Expected term

 

1.13

Risk free rate

 

0.12

%

Volatility

 

100.20

%

Yield

 

12.34

%