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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Reconciliation of Warrant Liability Measured at Fair Value on Recurring Basis Using Significant Unobservable Inputs

The following table presents a reconciliation of the Company’s warrant liability measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2018:

 

 

December 31,

 

 

 

2018

 

Beginning balance of warrant liability

 

$

3,701,277

 

Change in fair value upon re-measurement

 

 

(433,392

)

Reclassification to Additional Paid-in Capital

   due to warrant exercise

 

 

Reclassification to Additional Paid-in Capital

   due to warrant amendment

 

 

(3,267,885

)

Ending balance of warrant liability

 

$

-