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STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of stockholders' equity, including warrants and rights

The following represents a summary of the warrants outstanding as of December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

    

 

    

 

    

Underlying

    

Exercise

 

 

Issue Year

 

Expiration

 

Shares 

 

Price

Warrants

 

 

 

 

 

 

 

 

 

(1)

 

2014

 

April 2020

 

832

 

$

1,800.00

(2)

 

2015

 

February 2020

 

1,588

 

$

1,008.00

(3)

 

2015

 

December 2020

 

272

 

$

747.00

(4)

 

2016

 

January 2021

 

596

 

$

544.50

(5)

 

2017

 

June 2022

 

2,540

 

$

41.25

(5)

 

2017

 

June 2022

 

500

 

$

7.50

(6)

 

2017

 

June 2022

 

6,095

 

$

105.00

(7)

 

2017

 

August 2022

 

25,201

 

$

2.25

(8)

 

2017

 

August 2022

 

4,000

 

$

46.88

(9)

 

2017

 

August 2022

 

47,995

 

$

150.00

(9)

 

2017

 

August 2022

 

9,101

 

$

7.50

(10)

 

2017

 

August 2022

 

16,664

 

$

2.25

(10)

 

2017

 

August 2022

 

7,335

 

$

2.25

(11)

 

2017

 

October 2022

 

666

 

$

2.25

(12)

 

2017

 

May 2023

 

 —

 

$

2.25

(13)

 

2018

 

October 2022

 

7,207

 

$

112.50

(14)

 

2018

 

April 2023

 

69,964

 

$

5.40

(14)

 

2018

 

April 2023

 

121,552

 

$

5.40

(15)

 

2018

 

October 2022

 

15,466

 

$

11.25

(16)

 

2018

 

July 2023

 

14,671

 

$

5.40

(16)

 

2018

 

July 2023

 

14,672

 

$

5.40

(16)

 

2018

 

August 2023

 

36,334

 

$

5.40

(16)

 

2018

 

August 2023

 

36,334

 

$

5.40

(16)

 

2018

 

September 2023

 

19,816

 

$

5.40

(16)

 

2018

 

September 2023

 

20,903

 

$

5.40

(17)

 

2018

 

November 2023

 

75,788

 

$

5.40

(17)

 

2018

 

December 2023

 

51,282

 

$

5.40

(18)

 

2019

 

April 2024

 

147,472

 

$

5.40

(19)

 

2019

 

May 2024

 

154,343

 

$

9.56

 

 

  

 

  

 

909,189

 

 

  

(1)

These warrants were issued in connection with a private placement which was completed in October 2014.

(2)

These warrants were issued in connection with an offering which was completed in February 2015.

(3)

These warrants were issued in connection with an offering which was completed in July 2015.

(4)

These warrants were issued in connection with an offering which was completed in January 2016. Of the remaining outstanding warrants as of December 31, 2019, 357 warrants are recorded as liability, See Note 12 – Fair Value for further discussion, and 239 warrants are treated as equity.

(5)

These warrants were issued in connection with a June 2017 merger transaction (the “Merger”) and are the 2017 New Bridge Warrants.

(6)

These warrants were issued in connection with the Merger and are considered the Side Warrants.

(7)

These warrants were issued in connection with an underwritten public offering consisting of the Company’s Series B Preferred Stock and warrants (the “August 2017 Offering”) and are the August 2017 Offering Warrants discussed below.

(8)

These warrants were issued in connection with the August 2017 Offering and are the Representative Warrants discussed below.

(9)

These warrants were issued 2017 and are the Series A Conversion Warrants discussed below.

(10)

These warrants were issued in connection with the conversion of convertible bridge notes, at the time of the closing of the August 2017 Offering, and are the Note Conversion Warrants discussed below.

(11)

These warrants were issued in connection with a waiver of default the Company received in the fourth quarter of 2017 in connection with certain convertible promissory notes and are the Convertible Promissory Note Warrants discussed below.

(12)

These warrants (the “Series C Warrants’) were issued in connection with the Series C Preferred Offering and are discussed below.

(13)

These warrants were issued in connection with the Settlement Agreements and are the Creditor Warrants discussed below.

(14)

These warrants were issued in connection with the 2018 Note Agreement and are the April 2018 Warrants discussed below.

(15)

These warrants were issued in connection with the 2018 Note Agreement and are the Advisor Warrants discussed below.

(16)

These warrants were issued in connection with the 2018 Note Agreement and are the Q3 2018 Warrants discussed below.

(17)

These warrants were issued in connection with the 2018 Note Agreement, and subsequent Amendment Agreement, and are the Q4 2018 Warrants discussed below.

(18)

These warrants were issued in connection with the 2018 Note Agreement and subsequent Amendment No. 2 Agreement and are the April 2019 Warrants discussed below.

(19)

These warrants were issued in connection with the May 2019 Bridge Notes and are the May 2019 Warrants discussed below.
Summary of dividends recorded

There were no dividends recorded in 2019. The following represents a summary of the dividends recorded for the year ended December 31, 2018:

 

 

 

 

 

 

Amount Recorded

Deemed Dividends

    

(in thousands)

 

 

 

 

Dividends resulting from the 2018 Purchase Agreement

 

 

 

Deemed Dividend A

 

$

1,358

Deemed Dividend E

 

 

829

Deemed Dividend G

 

 

62

Deemed Dividend J

 

 

 8

Deemed Dividend N

 

 

*

Deemed Dividend R

 

 

58

 

 

 

 

Dividends resulting from the 2018 Inducement Agreement

 

 

 

Deemed Dividend B

 

 

40

Deemed Dividend F

 

 

1,154

Deemed Dividend K

 

 

 5

Deemed Dividend O

 

 

*

 

 

 

 

Dividends resulting from the 2018 Note Agreement

 

 

 

Deemed Dividend C

 

 

216

Deemed Dividend H

 

 

63

Deemed Dividend L

 

 

10

Deemed Dividend P

 

 

*

Deemed Dividend S

 

 

45

 

 

 

 

Dividends resulting from the Amendment Agreement

 

 

 

Deemed Dividend D

 

 

361

Deemed Dividend I

 

 

 5

Deemed Dividend M

 

 

 4

Deemed Dividend Q

 

 

*

Deemed Dividend T

 

 

 4

 

 

 

 

Total 2018 Deemed Dividends

 

$

4,222

 

 

 

 

* Represents less than one thousand dollars