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Warrants (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Summary of Warrant Activity

A summary of warrant activity during the nine months ended September 30, 2020 is as follows:

 

 

 

 

 

 

 

 

 

Warrants outstanding, December 31, 2019

 

 

10,384,706

 

 

Issuances

 

 

1,631,794

 

 

Exercises

 

 

(10,238,889

)

 

Warrants outstanding, September 30, 2020

 

 

1,777,611

 

 

Summary of Periodic Changes in Fair Value of Warrant Liability

For warrants classified as a liability, the following is a summary of the periodic changes in their fair value during the nine months ended September 30, 2020:

 

Balance, December 31, 2019

 

$

10,000

 

Changes in fair value

 

 

 

Balance, September 30, 2020

 

$

10,000