Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Fair Value, Liabilities Measured on a Recurring Basis

The following table sets forth a reconciliation of the warrant liability:

	December 31,
	2019		2018
Warrant liability, beginning of year	$	1,822,819	$	—
Fair value for new warrants issued	—		4,506,289
Change in fair value for the year	15,369,253		(2,683,470)
Reclassification to additional paid-in capital	(857,072)		—
Warrant liability, end of year	$	16,335,000	$	1,822,819

The following table sets forth a reconciliation of the Convertible Note:

	December 31,
	2019		2018
Convertible Note, beginning of year	$	—	$	—
Fair value of Convertible Note on issuance	38,520,000		—
Conversion of Convertible Note into common stock	(481,728)		—
Change in fair value for the year	981,728		—
Convertible Note, end of year	$	39,020,000	$	—