XML 39 R28.htm IDEA: XBRL DOCUMENT v3.20.2
STOCKHOLDERS' EQUITY - Additional information (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 24, 2020
USD ($)
$ / shares
shares
Apr. 20, 2020
USD ($)
Feb. 28, 2020
tranche
shares
Jul. 09, 2019
USD ($)
May 31, 2019
USD ($)
$ / shares
shares
Feb. 28, 2020
USD ($)
shares
Jul. 22, 2019
USD ($)
shares
Mar. 04, 2019
USD ($)
shares
Feb. 28, 2018
USD ($)
shares
Sep. 30, 2020
USD ($)
$ / shares
shares
Sep. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
$ / shares
shares
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
$ / shares
shares
Jun. 30, 2019
shares
Jul. 26, 2018
USD ($)
Stockholders Equity [Line Items]                                
Number of preferred stock authorized | shares                   5,000,000   5,000,000   5,000,000 5,000,000  
Number of common stock authorized | shares         50,000,000         100,000,000   100,000,000   100,000,000 100,000,000  
Number of shares issued | shares                       4,301,869        
Aggregate registered amount for offerings                               $ 150,000,000
Average selling price | $ / shares                   $ 6.53   $ 6.53        
Net proceeds from issuance of stock                       $ 27,238,000        
Expenses incurred                       49,000        
Proceeds from Issuance of Common Stock                       $ 27,238,000        
Number of option granted | shares     1,041,325                 1,593,825        
Grant date fair value of these unvested options                   $ 6,279,000   $ 6,279,000        
Stock or Unit Option Plan Expense                   419,000   $ 616,000        
Percentage of Milestone Activity Met by the Company                       62.50%        
Share-Based Compensation Arrangement By Share Based Payment Award, Number Of Vesting Tranches | tranche     4                          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term                       10 years        
Allocated Share-based Compensation Expense                   $ 1,088,000 $ 802,000 $ 2,864,000 $ 1,175,000      
Exercise price per share | $ / shares                   $ 7.975   $ 7.975        
Expected life of the stock option                       10 years        
expected dividends                       0.00%        
Risk free interest rate, minimum                       0.28%        
Risk free rate maximum                       0.36%        
Total unrecognized compensation cost related to stock options                   $ 3,233,000   $ 3,233,000        
Amortized period                       30 months        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares | shares                       691,135        
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures                   $ 328,841 237,729 $ 657,780 663,368      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | shares                   5,234,948   5,234,948   4,218,189    
Class of Warrant or Right, Outstanding | shares                   0   0        
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition                       30 months        
Underwritten public offering                                
Stockholders Equity [Line Items]                                
Number of shares issued | shares 6,052,631                              
Average selling price | $ / shares $ 9.50                              
Gross Proceeds from issuance of stock $ 57,500,000                              
Net proceeds from issuance of stock 53,800,000                              
Proceeds from Issuance of Common Stock $ 53,800,000                              
February 28, 2018 Performance-Based Award [Member] | Restricted stock                                
Stockholders Equity [Line Items]                                
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares                 146,200              
Stock Issued During Period, Value, Restricted Stock Award, Gross                 $ 1,148,000              
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures                   $ 0 96,000 $ (23,000) 298,000      
March 4, 2019 Performance-Based Award [Member] | Restricted stock                                
Stockholders Equity [Line Items]                                
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares               22,220                
Stock Issued During Period, Value, Restricted Stock Award, Gross               $ 179,000                
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures                   12,000 15,000 22,000 34,000      
July 24,2020 Offering[Member] | Underwritten public offering                                
Stockholders Equity [Line Items]                                
Number of shares issued | shares 6,052,631                              
Average selling price | $ / shares $ 9.50                              
Gross Proceeds from issuance of stock $ 57,500,000                              
Net proceeds from issuance of stock 53,800,000                              
Proceeds from Issuance of Common Stock $ 53,800,000                              
July 22, 2019 Performance-Based Award [Member] | Restricted stock                                
Stockholders Equity [Line Items]                                
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares             180,300                  
Stock Issued During Period, Value, Restricted Stock Award, Gross             $ 1,300,000                  
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures                   256,000 103,000 461,000 525,000      
February 28 2020 Performance Based Award [Member] | Restricted stock                                
Stockholders Equity [Line Items]                                
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares           168,100                    
Stock Issued During Period, Value, Restricted Stock Award, Gross           $ 1,014,000                    
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures                   $ 84,000 $ 0 $ 535,000 $ 0      
Cantor Fitzgerald and Co. [Member]                                
Stockholders Equity [Line Items]                                
Number of shares issued | shares         2,094,140                      
Average selling price | $ / shares         $ 8.72                      
Net proceeds from issuance of stock         $ 17,718,000                      
Proceeds from Issuance of Common Stock         $ 17,718,000                      
Jefferies LLC and B. Riley FBR, Inc [Member]                                
Stockholders Equity [Line Items]                                
Number of shares issued | shares                       4,110,625   191,244    
aggregate offering price   $ 50,000,000   $ 25,000,000                        
Average selling price | $ / shares                   $ 6.64   $ 6.64   $ 4.11    
Net proceeds from issuance of stock                       $ 26,476,000   $ 762,000    
Proceeds from Issuance of Common Stock                       $ 26,476,000   $ 762,000    
Commission rate (as a percent)       3.00%                        
Exercise Price Ranging From 5.68 To 6.57 [Member] | Maximum                                
Stockholders Equity [Line Items]                                
Exercise price per share | $ / shares                   10.58   $ 10.58        
Expected volatility                       69.80%        
Exercise Price Ranging From 5.68 To 6.57 [Member] | Minimum                                
Stockholders Equity [Line Items]                                
Exercise price per share | $ / shares                   $ 5.68   $ 5.68        
Expected volatility                       64.80%