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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Summary of Depreciation and Amortization Recorded using Straight-line Method over Estimated Useful Lives Depreciation and amortization are recorded using the straight-line method over the estimated useful lives of the assets, as follows:

 

Asset Category

 

Estimated Useful Life

Computer and telecommunications

 

3 – 5 years

Software

 

3 years

Furniture, fixtures and equipment

 

5 years

Laboratory equipment

 

7 years

Leasehold improvements

 

Lesser of lease term or estimated useful lives

 

Schedule of Fair Value Determined Using Black-Scholes Model Fair value was determined using the Black-Scholes model with the following assumptions:

 

 

Pre-trigger Fair Value

 

 

Post-trigger Fair Value

 

Expected volatility

 

 

82.50

%

 

 

82.50

%

Expected term (years)

 

 

4.98

 

 

 

4.98

 

Risk-free interest rate

 

 

3.07

%

 

 

3.07

%

Stock Price

 

$

4.94

 

 

$

4.94

 

Exercise Price

 

$

6.00

 

 

$

4.18